Institutional Building Construction in New Zealand - Market Research Report

Institutional Building Construction industry trends (2014-2019)

poll Average industry growth 2014–2019: 9.1%

The Institutional Building Construction industry constructs buildings that New Zealanders use to learn, work, heal, socialise, exercise, worship and carry out justice. These buildings are mainly constructed by private contractors and funded by the public sector. The industry has grown at an accelerated rate over the past five years, as firms have reconstructed buildings that were damaged or destroyed by the 2010-11 earthquakes in the Canterbury region. Industry revenue is expected to increase at an annualised 7.8% over the five years through 2019-20, to reach $3.6 billion. This includes anticipated moderate growth by 2.4% during the current year, driven by solid investment in public funding of health and educational facilities. However, the pace of...
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Institutional Building Construction industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Institutional Building Construction industry is expected to encounter deteriorating demand conditions over the next five years, corresponding with the gradual winding back of the reconstruction activity in the Canterbury region, the slower growth in New Zealand's population and the subdued trends in Central Government investment in education, health and community facilities. The industry's performance is forecast to ease back from the historically high levels evident over the past five years, but the recent surge in new housing construction will continue to provide demand for public buildings, such as primary schools and kindergartens. Work on reconstructing institutional buildings in the Canterbury region is expected to reach a plateau, but cont...
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Institutional Building Construction industry statistics

  • attach_money Market Size: $3bn
  • business Number of Businesses: 736
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 5,337

Biggest companies in the Institutional Building Construction industry

The companies holding the largest market share in the Institutional Building Construction in New Zealand industry include Fletcher Building Limited.

  • pie_chart Fletcher Building Limited Market Share: x.x%
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What is Institutional Building Construction industry?

Industry Definition

Companies in the industry construct institutional buildings, such as hospitals, schools, museums, law courts, prisons and places of religious worship. These institutions are generally operated on a not-for-profit basis. The industry also includes firms that carry out alterations, additions, renovations or general repairs for institutional buildings.

Industry Products and Services

  • Educational buildings
  • Health buildings
  • Social, cultural and religious buildings
  • Other accommodation buildings
  • All Others

Industry Activities

  • Alterations and additions to institutional buildings
  • Defence building construction
  • Education building construction
  • Hospital and other healthcare building construction
  • Law court building construction
  • Museum and art gallery construction
  • Nursing home and respite (palliative) care building construction
  • Prison, detention and correction centre construction
  • Religious building construction
  • Other institutional business premise construction

Market research report - table of contents

Industry Definition

Companies in the industry construct institutional buildings, such as hospitals, schools, museums, law courts, prisons and places of religious worship. These institutions are generally operated on a not-for-profit basis. The industry also includes firms that carry out alterations, additions, renovations or general repairs for institutional buildings.

Main Activities

  • Alterations and additions to institutional buildings
  • Defence building construction
  • Education building construction
  • Hospital and other healthcare building construction
  • Law court building construction
  • Museum and art gallery construction
  • Nursing home and respite (palliative) care building construction
  • Prison, detention and correction centre construction
  • Religious building construction
  • Other institutional business premise construction

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The government is the principal source of funding for institutional buildings. Trends in capital expenditure by the public sector therefore drive demand f...
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Capital expenditure by the public sector
Capital expenditure on construction
Public health expenditure
Non-residential construction capital expenditure

Current Performance

Factors driving demand
Industry developments
 Chart: Revenue Growth

Industry Outlook

Factors driving demand
 Table: Institutional Building Construction in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Institutional Building Construction in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Education and Training
Hospitals in New Zealand
Art Galleries and Museum Operation in New Zealand
Performing Arts Operation in New Zealand
Correctional and Detention Services in New Zealand
Aged Care Residential Services in New Zealand

Key Selling Industries

Construction
Timber Wholesaling in New Zealand
Heavy Machinery and Scaffolding Rental and Hiring in New Zealand
Engineering Consulting in New Zealand
Architectural and Design Services in New Zealand
Hardware Wholesaling in New Zealand

Products & Services

The industry constructs institutional buildings for public and private sector clients (mainly not-for-profit organisations). Industry operators take respo...
Other public organisations
Public healthcare organisations
Other private institutional organisations
Private healthcare organisations
Private education organisations

Demand Determinants

Demand for institutional building construction can vary according to the building type. However, long- and short-term trends in public and private sector ...
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Major Markets

Other public organisations
Public healthcare organisations
Other private institutional organisations
Private healthcare organisations
Private education organisations


 Chart: Major Market Segmentation for the Institutional Building Construction in New Zealand - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has a low concentration of ownership with the four largest players together accounting for less than 25% of industry revenue. The industry ha...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Institutional Building Construction in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Institutional Building Construction in New Zealand - Market Research Report Industry

Industry Globalization

Fletcher Building Limited, headquartered in Auckland, is a publicly listed company that operates in both New Zealand and Australia. Fletcher Building is a...
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Fletcher Building

 Table: Fletcher Building - financial performance

Capital Intensity

The industry displays a low degree of capital intensity. The bulk of industry value added is derived from providing skilled construction and project manag...
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 Chart: Level of Capital Intensity for the Institutional Building Construction in New Zealand - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Institutional Building Construction in New Zealand Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BUILDING CONSENT

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Institutional 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 Institutional 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

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