Industrial strength: Reconstruction efforts in the Canterbury region have boosted revenue

The Commercial and Industrial Building Construction industry constructs non-residential buildings such as offices, retail stores, airport terminals, hotels, factories and storage facilities. The industry comprises many small-scale building firms that heavily rely on subcontractors. The industry also includes several large-scale construction firms that operate nationally, and are capable of undertaking major office tower or retail developments such as the Commercial Bay development in Auckland.The reconstruction of commercial and industrial building stock in the Canterbury region following the 2010-11 earthquakes was a catalyst for the industry's robust expansion over the past five years...read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 13-18
7.0%
Forecast Growth 18-23
Profit
Employment
8,075
Businesses
1,033
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Employment and profit margins have grown due to the industry’s expansion over the past five years
  • Weaker growth in labour force and household consumption points to weaker growth in demand for commercial buildings
  • Industry Report - Industry Analysis Chapter

    Revenue for the Commercial and Industrial Building Construction industry has grown at an accelerated rate over the past five years on the back of recovery efforts in Christchurch and the surrounding Canterbury region. Historically low interest rates for much of the past five years and above-average growth in the national population and labour force have also favoured strong investment in commercial and industrial building construction.The industry is projected to generate revenue growth of an annualised 7.0% over the five years through 2017-18, to reach $5.1 billion. The industry’s performance has mainly stemmed from investment in offices, storage facilities and other business premises, such as airport terminals. Dem...purchase to read more.

    Additional Insights for the Commercial and Industrial Building Construction Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Commercial and Industrial Building Construction Industry are

  • Having a high prior success rate (including completed prior contracts)
  • Ability to compete on tender
  • Ability to expand and curtail operations rapidly in line with market demand
  • IBISWorld analysts also discuss how external factors such as Capital expenditure by the private sector and Household consumption expenditure in the Commercial and Industrial Building Construction industry impact industry performance..

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    What's in this report

    What is the Commercial and Industrial Building Construction in New Zealand Industry?

    Industry operators construct commercial and industrial non-residential buildings. They also perform alterations, renovations and general repairs of commercial and industrial buildings, and organise and manage construction.

    Industry Products
  • Office and other business premises construction
  • Retail building construction
  • Factory and industrial building construction
  • Storage building construction
  • Farm building construction
  • Hotel construction
  • Industry Activities
  • Office building construction
  • Retail building construction
  • Hotel, motel and hostel construction
  • Entertainment building construction
  • Recreation building construction
  • Factory and industrial building construction
  • Prefabricated commercial and industrial building assembly, erection and installation
  • General repair and renovation of commercial and industrial buildings
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Capital expenditure by the private sector
  • Household consumption expenditure
  • year bond rate
  • Number of businesses
  • Total labour force

  • Current Performance
  • Key drivers and markets
  • Profit and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand drivers
  • Ongoing structural changes
  • Table: Commercial and Industrial Building Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Commercial and Industrial Building Construction Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Airport Operations in New Zealand
  • Warehousing and Storage Services in New Zealand
  • Commercial Property Operators in New Zealand
  • Hotels and Resorts in New Zealand

  • Key Selling Industries
  • Architectural and Design Services in New Zealand
  • Construction in New Zealand
  • Engineering Consulting in New Zealand
  • Hardware Wholesaling in New Zealand
  • Heavy Machinery and Scaffolding Rental and Hiring in New Zealand

  • Products & Services
  • Office and other business premises construction
  • Retail building construction
  • Storage building construction
  • Factory and industrial building construction
  • Farm building construction
  • Hotel construction
  • Chart: Commercial and Industrial Building Construction Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial property developers
  • End users
  • Industrial property developers
  • Chart: Major Market Segmentation for the Commercial and Industrial Building Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Commercial and Industrial Building Construction

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Commercial and Industrial Building Construction Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Commercial and Industrial Building Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Commercial and Industrial Building Construction Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Building Consent
  • Councils grant consents before construction proceeds to ensure compliance with the Building Code.
  • Prefabricated
  • The manufacture of sections or components of a building in a factory for quick on-site assembly.
  • Property Trust
  • A financial vehicle that invests in commercial, industrial or residential property. Investors can buy units in an investment property through the trust.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Commercial and Industrial Building Construction in New Zealand market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Commercial and Industrial Building Construction in New Zealand:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Commercial and Industrial Building Construction in New Zealand market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Commercial and Industrial Building Construction in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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