Chinese Construction Industry Review 2015-2019 and Opportunity Forecast 2020-2024

Dublin, Sept. 01, 2020 (GLOBE NEWSWIRE) -- The "China 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.

China has done well to control the COVID-19 outbreak. As a result, the report expects key construction sectors to record moderate growth, unlike other comparable markets which have witnessed negative growth. Though near-term challenges remain due to economic slowdown, the report expects recovery in key segments starting Q1 2021.

According to the report, the construction industry in China is expected to record a CAGR of 9.6% to reach CNY 11,254.8 billion by 2024.

The residential construction industry in value terms increased at a CAGR of 8.6% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 12.7% over the forecast period. The infrastructure construction was estimated to be CNY 2091.6 billion in 2019, posting a CAGR of 6.5% during review period.

This report provides a data and trend analyses on the construction industry in China, 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 China.

KPIs covered include the following:

  • Market size by value

  • Market size by volume of construction

  • Number of units

China 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 China

  • Price point / income level (luxury, mid-tier, affordable)

  • Construction stage (new construction, re-development, maintenance)