The Future of Construction in the Netherlands to 2015: Revival in Exports and Consumer Confidence to Stimulate Construction Activity
30 Sep 2011 • by Natalie Aster
The Dutch economy recorded 26 years of continuous economic growth before contracting in 2009 on the back of the global financial crisis. The crisis affected the country relatively late compared to other EU nations, which helped the economy to grow by 4.3% in 2008. However, as the Dutch economy is highly dependent on international trade, a 4.1% contraction in 2009 had a negative effect on growth. The economy is expected to recover in 2011, with growth anticipated to be highly dependent on the revival of demand from export destinations like the UK, Germany, Belgium and the US.
The Dutch government introduced stimulus packages to revive economic activity and made assurances that it wouldn’t roll back stimulus spending until 2012. As a result, the country that observed a tight labor market until 2008 saw its unemployment rate growing from 3.4% in 2009 to 5.1% by the end of 2010. Further improvements are expected in 2011, with a rise in employment, consumer confidence and spending increases. High domestic demand led to increases in commercial construction activity. The consolidation that is taking place in the retail industry is also expected to advance Dutch commercial construction activity.
Residential construction was the largest market within the Dutch construction industry in 2010, representing a share of 42.4%. Infrastructure construction was the fastest growing market over the review period with a CAGR of 4.10%. This was followed by industrial construction with a CAGR of 1.70%.
Figure 1: Netherland Overall Construction Industry Dynamics by Market (%), 2006–2015
Note: Bubble size represents 2010 market value (HRK million)
Source: ICD Research analysis © ICD Research
The report “The Future of Construction in the Netherlands to 2015: Revival in Exports and Consumer Confidence to Stimulate Construction Activity” by iCD Research provides detailed analysis of historic and forecast construction industry values at market and category level, analysis of the leading companies in the industry, and key news. It offers a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors.
Report Details:
Published: September, 2011
Pages: 153
Price: US$ 1,250.00
The report is an essential tool for companies active across the Dutch construction value chain and for new competitors considering entering the industry. The report allows to:
- Identify key growth and investment opportunities within the Dutch construction industry;
- Make informed business decisions based on strong historic and forecast data.
Key Benefits:
- Identify key growth and investment opportunities within the Dutch 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 Dutch construction market enable the reader to benchmark financial performance and assess business strategy against competitors;
- A review of tax incentives for companies that conduct exploration and production work in Dutch oil and gas reserves.
More information can be found in the report “The Future of Construction in the Netherlands to 2015: Revival in Exports and Consumer Confidence to Stimulate Construction Activity” by iCD Research.
To order the report or ask for sample pages contact [email protected]
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