Philippines Construction Industry Size & Forecast (2015-2024) by Value and Volume Across 40+ Market Segments - COVID-19 Update Q2, 2020
Dublin, Sept. 04, 2020 (GLOBE NEWSWIRE) -- The "Philippines Construction Industry Databook Series - Market Size & Forecast (2015 - 2024) by Value and Volume (area and units) across 40+ Market Segments, Opportunities in Top 10 Cities, and Risk Assessment - COVID-19 Update Q2 2020" report has been added to *ResearchAndMarkets.com's* offering.
According to the report, the construction industry in Philippines is expected to record a CAGR of 18.2% to reach PHP 2,221.2 billion by 2024.
The residential construction industry in value terms increased at a CAGR of 9.7% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 19.1% over the forecast period. The infrastructure construction was estimated to be PHP 929.7 billion in 2019, posting a CAGR of 11.7% during review period.
Over the next 8 quarters, the publisher expects growth across residential, commercial, industrial, and institutional sectors in Philippines to remain impacted due to the economic downturn caused by the COVID-19 outbreak. Despite near term challenges, medium to long term outlook remains positive. Over the short term, investment in the construction industry will be driven by government spending in the infrastructure sector.
*Report Coverage*
This report provides a data and trend analyses on the construction industry in Philippines, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.
*Report Scope*
This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in Philippines.
*KPIs covered include the following:*
· Market size by value
· Market size by volume of construction
· Number of units
*Philippines Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*
· Housing type (multi family, single family)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in Philippines
· Price point / income level (luxury, mid-tier, affordable)
· Construction stage (new construction, re-development, maintenance)
*Philippines Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*
· Office building (further broken down by Grade A, Grade B, and Grade C)
· Retail building
· Hospitality and luxury building
· Restaurant
· Entertainment
· Sports facility
· Construction stage (new construction, re-development, maintenance)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in Philippines
*Philippines Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*
· Manufacturing plants
· Chemical & pharmaceutical
· Metal & material processing
· Construction stage (new construction, re-development, maintenance)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in Philippines
*Philippines Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*
· Healthcare construction
· Educational construction
· Public sector
· construction stage (new construction, re-development, maintenance)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in Philippines
*Philippines Infrastructure Construction Sectors: 10-year market size & forecast in value terms by*
· Marine and inland water infrastructure
· Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
· Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
· Construction stage (new construction, re-development, maintenance)
*Cities Covered*
· Metro Manila
· Cebu
· Davao
· Angeles
· Cagayan de Oro
· Zamboanga
· Bacolod
· Iloilo
· Dagupan
· General Santos
*Reason to Buy*
· In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Philippines.
· Volume and Value Data: Get a detailed understanding of the market both from value and volume (both by activity and units) perspective for the historical as well as the forecast period.
· Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in the construction industry.
· City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.
* Companies Mentioned *· EEI Corporation
· Megawide Construction Corporation
· DDT Konstract Inc
· SMCC Philippines Inc
· Metro Stonerich Corporation
· Foundation Specialists Inc
· D.M. Consunji Inc
· Momentum Construction and Development Corporation
· Metro Construction Inc
· Highlands Prime Inc (Inactive)
· Spes Construction Inc
· Vinnell-Belvoir Corporation
For more information about this report visit https://www.researchandmarkets.com/r/6hys3l
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