Global Residential Construction
SummaryGlobal Residential Construction 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
- Residential construction refers to the process of building structures primarily intended for people to live in. 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 global residential construction market recorded revenues of $5,275,889.9 million in 2024, representing a compound annual growth rate (CAGR) of 2.7% between 2019 and 2024.
- The new construction segment accounted for the market's largest proportion in 2024, with total revenues of $3,117,455.1 million, equivalent to 59.1% of the market's overall value.
- In 2024, Asia-Pacific accounted for the largest share with a 41.3% share of the global residential construction market. It was followed by Europe with a 29.1% share and North America with a 24.5% share.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global residential construction market
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global residential construction market with five year forecasts
Reasons To Buy
- What was the size of the Global residential construction market by value in 2024?
- What will be the size of the Global residential construction market in 2029?
- What factors are affecting the strength of competition in the Global residential construction market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's residential construction market?
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