Construction in Canada
SummaryConstruction in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The Canadian construction industry recorded revenues of $335.7 billion in 2024, representing a compound annual growth rate (CAGR) of 4.7% between 2019 and 2024.
- The non-residential segment accounted for the industry's largest proportion in 2024, with total revenues of $193.7 billion, equivalent to 57.7% of the industry's overall value.
- In 2024, the Canadian construction industry recorded an annual growth of 1.6%. The growth is attributed to strategic government initiatives focused on improving infrastructure. For instance, in 2024, the Alberta government invested $818 million in 200 road and bridge projects.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Canada
- 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 Canada construction market with five year forecasts
Reasons To Buy
- What was the size of the Canada construction market by value in 2024?
- What will be the size of the Canada construction market in 2029?
- What factors are affecting the strength of competition in the Canada construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's construction market?
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