The Future of Construction in Canada to 2015: Economic Action Plan Continues to Drive Construction Industry Growth26 Aug 2011 • by Natalie Aster
Within the Canadian construction industry, residential construction was the largest market with a share of 44.4% in 2010. In terms of growth, the infrastructure construction market registered the highest review period CAGR of 8.16% and is expected to record a CAGR of 5.46% during the forecast period. Institutional construction was the second fastest market during the review period, growing at a CAGR of 4.78%.
The report “The Future of Construction in Canada to 2015: Economic Action Plan Continues to Drive Construction Industry Growth” is the result of iCD Research’s extensive market and company research covering the Canadian construction industry. It provides detailed analysis of both historic and forecast construction industry values at market and category level, analysis of the leading companies in the industry, and key news.
Prior to 2008, construction activities in Canada recorded growth, which was attributed to low interest rates, low inflation rates, high disposable incomes, strong employment and strong consumer confidence. However, growth began to slow in 2008 and 2009 as a result of the adverse economic environment followed by the global economic slowdown in the same period. However, with an improved market outlook and various government measures, the industry recovered and registered growth of 5.8% between 2009 and 2010.
With the support of Government initiatives and private investments, ICD expects the construction market to achieve a CAGR of 4.88% during the forecast period. The growth rate reflects the expected economic recovery in Canada.
The Future of Construction in Canada to 2015: Economic Action Plan Continues to Drive Construction Industry Growth
Published: August, 2011
Price: US$ 1,250.00
The report provides a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors. It is an essential tool for companies active across the Canadian construction value chain and for new competitors considering entering the industry.
- Identify key growth and investment opportunities within the Canadian construction industry;
- Make informed business decisions based on strong historic and forecast data;
- Detailed market size, growth, segmentation and forecast data across five key industry categories provides all the essential information needed to assess market dynamics and identify new growth opportunities;
- Detailed profiles of major companies within the Canadian construction market enable the reader to benchmark financial performance and assess business strategy against competitors.
More information can be found in the report “The Future of Construction in Canada to 2015: Economic Action Plan Continues to Drive Construction Industry Growth” by iCD Research.
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