Residential Construction, one of the four components of the construction, is composed of contractors dealing with engineering, building, renovating, and repairing the structures meant for private residence, including, among others, completely detached family dwellings, semi-detached villas, town houses, bungalows, apartments, and prefabricated homes.
On the morrow of the world-scale economic depression, the Residential Construction Industry is now seeing the restoration of its growth, with an awaited next five-year CAGR of 7%. This is driven by a raft of factors, the most pre-eminent of which are the housing sector’s intensive development, net out-migration of rural dwellers to urban territories, increased consumption expenditures, mushrooming population, and easy-rate mortgages. In terms of geography, a gradual shift towards the APAC markets (mostly Chinese, Indian and Japanese) is witnessed by the Residential Construction Industry.
The market research reports within the bound of this Catalogue lead to a refined understanding of the world, regional and local Residential Construction Markets. The research reports cover the Residential Construction Industry size estimates together with its prospects for growth. The variety of factors affecting Residential Construction companies, like novel product introductions, supply chain and distribution influences, prices, and more are detailed; as well as Residential Construction Market development forecast is available in the research reports.