Construction in Philippines
SummaryConstruction in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). 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 industry is defined as the value of work put in place annually in the residential and non-residential segments. Civil engineering work is excluded. Where possible data has not been seasonally adjusted.
-The Filipino construction industry had total revenues of $39.6bn in 2018, representing a compound annual growth rate (CAGR) of 6% between 2014 and 2018.
-In 2018 the residential sector recovered from a major contraction the year before, and this had a disproportionate impact on the industry as a whole.
-The Philippines is one of the most preferred destinations for construction outsourcing in the Asia-Pacific region, due to its low-wage skilled population and greater efficiency through economies of scale.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Philippines
- 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 Philippines construction market with five year forecasts
Reasons to buy
- What was the size of the Philippines construction market by value in 2018?
- What will be the size of the Philippines construction market in 2023?
- What factors are affecting the strength of competition in the Philippines construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines's construction market?
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