United Kingdom (UK) Construction Market Summary, Competitive Analysis and Forecast to 2027

May 2023 | 49 pages | ID: UD4FD9531177EN
MarketLine

Abstracts

United Kingdom (UK) Construction Market @Summary, Competitive Analysis and Forecast to 2027

SUMMARY

Construction in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
• The UK construction industry had total revenues of $450.9 billion in 2022, representing a compound annual growth rate (CAGR) of 3.0% between 2017 and 2022.
• The non-residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $241.3 billion, equivalent to 53.5% of the industry's overall value.
• The UK construction industry experienced slow growth in 2022, owing to rising inflation pressure and unstable macros economic challenges, caused by the Russia-Ukraine conflict.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in the United Kingdom
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in the United Kingdom
• Leading company profiles reveal details of key construction market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom construction market with five year forecasts

REASONS TO BUY

• What was the size of the United Kingdom construction market by value in 2022?
• What will be the size of the United Kingdom construction market in 2027?
• What factors are affecting the strength of competition in the United Kingdom construction market?
• How has the market performed over the last five years?
• What are the main segments that make up the United Kingdom's construction market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the key players in this sector?
7.2. What strategies do leading players follow?
7.3. What is the strength of the leading players?

8 COMPANY PROFILES

8.1. Barratt Developments Plc
8.2. The Berkeley Group Holdings Plc
8.3. Balfour Beatty plc
8.4. Kier Group plc

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: United Kingdom construction industry value: $ billion, 2017–22
Table 2: United Kingdom construction industry category segmentation: % share, by value, 2017–2022
Table 3: United Kingdom construction industry category segmentation: $ billion, 2017-2022
Table 4: United Kingdom construction industry geography segmentation: $ billion, 2022
Table 5: United Kingdom construction industry value forecast: $ billion, 2022–27
Table 6: Barratt Developments Plc: key facts
Table 7: Barratt Developments Plc: Annual Financial Ratios
Table 8: Barratt Developments Plc: Key Employees
Table 9: The Berkeley Group Holdings Plc: key facts
Table 10: The Berkeley Group Holdings Plc: Annual Financial Ratios
Table 11: The Berkeley Group Holdings Plc: Key Employees
Table 12: Balfour Beatty plc: key facts
Table 13: Balfour Beatty plc: Annual Financial Ratios
Table 14: Balfour Beatty plc: Key Employees
Table 15: Balfour Beatty plc: Key Employees Continued
Table 16: Kier Group plc: key facts
Table 17: Kier Group plc: Annual Financial Ratios
Table 18: Kier Group plc: Key Employees
Table 19: United Kingdom size of population (million), 2018–22
Table 20: United Kingdom gdp (constant 2005 prices, $ billion), 2018–22
Table 21: United Kingdom gdp (current prices, $ billion), 2018–22
Table 22: United Kingdom inflation, 2018–22
Table 23: United Kingdom consumer price index (absolute), 2018–22
Table 24: United Kingdom exchange rate, 2018–22

List Of Figures

LIST OF FIGURES

Figure 1: United Kingdom construction industry value: $ billion, 2017–22
Figure 2: United Kingdom construction industry category segmentation: $ billion, 2017-2022
Figure 3: United Kingdom construction industry geography segmentation: % share, by value, 2022
Figure 4: United Kingdom construction industry value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the construction industry in the United Kingdom, 2022
Figure 6: Drivers of buyer power in the construction industry in the United Kingdom, 2022
Figure 7: Drivers of supplier power in the construction industry in the United Kingdom, 2022
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in the United Kingdom, 2022
Figure 9: Factors influencing the threat of substitutes in the construction industry in the United Kingdom, 2022
Figure 10: Drivers of degree of rivalry in the construction industry in the United Kingdom, 2022