Overview

Going to town: Reconstruction in Canterbury and population growth have boosted revenue

IBISWorld’s Multi-Unit Apartment and Townhouse Construction in New Zealand market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

The Multi-Unit Apartment and Townhouse Construction industry has grown significantly over the past five years. Low interest rates have driven significant demand for apartments and townhouses, while strong population growth and a housing supply shortfall have resulted in an all-time high for residential building consents during the period. These factors are expected to lead to a record number of apartment completions over the current year, with industry revenue projected to rise by 9.2% over 2017-18. Despite rising building costs, industry revenue is forecast to rise at an annualised 16.2% over the five years through 2017-18, to $1.4 billion...

shopping_cartBUY NOW TO READ MORE

Industry Report - Industry SWOT Analysis Chapter

The Multi-Unit Apartment and Townhouse Construction industry is in the growth stage of its economic life cycle. Industry value added, which measures an industry's contribution to the overall economy, is forecast to grow at an annualised 9.6% over the 10 years through 2022-23. This represents a significant outperformance of overall GDP, which is projected to rise at an annualised 2.8% over the same period.

A combination of factors, including strong net migration, high population growth, low interest rates and surging property prices, have all contributed to industry growth over the past five years. New Zealand is also currently in a construction boom, which has further fuelled growth. Bui..

shopping_cartBUY NOW TO READ MORE

Additional Insights for the Multi-Unit Apartment and Townhouse Construction Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Multi-Unit Apartment and Townhouse Construction Industry are

  • Having good working relationships with subcontracting building trade specialists
  • Ability to expand and curtail operations rapidly in line with market demand
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Dwelling commencements and Residential housing loan rates in the Multi-Unit Apartment and Townhouse Construction industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Click here to read our

    New Zealand Special Report

    Industry Products

    What is the Multi-Unit Apartment and Townhouse Construction in New Zealand Industry?

    Industry operators primarily construct apartments, duplex housing, semi-detached housing, flats and other attached housing. This includes making alterations, additions and renovations to these buildings, and organising or managing the construction of these residential building types.

    Industry Products
    Townhouses, flats and units
    Apartments
    Tourist and retirement village units
    Renovations
    Other construction
    Industry Activities
    Apartment construction
    Semi-detached housing construction
    Duplex housing construction
    Flat construction
    Alterations or renovations of attached housing
    Managing or organising the attached housing

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Dwelling commencements
  • Residential housing loan rates
  • Mortgage affordability
  • Number of households

  • Current Performance
  • Apartment boom
  • Strong property market
  • Chart: Revenue Growth

  • Industry Outlook
  • Construction activity
  • Demand factors
  • Table: Multi-Unit Apartment and Townhouse Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Multi-Unit Apartment and Townhouse Construction Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Crisis and Care Accommodation in New Zealand
  • Consumers in New Zealand
  • Aged Care Residential Services in New Zealand

  • Key Selling Industries
  • Agricultural and Construction Machinery Wholesaling in New Zealand
  • Hardware Wholesaling in New Zealand

  • Products & Services
  • Townhouses, flats and units
  • Apartments
  • Tourist and retirement village units
  • Renovations
  • Other construction
  • Chart: Multi-Unit Apartment and Townhouse Construction Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Multiple property owners
  • Movers
  • First home buyers
  • Other markets
  • Chart: Major Market Segmentation for the Multi-Unit Apartment and Townhouse Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Multi-Unit Apartment and Townhouse Construction

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Multi-Unit Apartment and Townhouse Construction Industry

  • Industry Globalization
    Major Companies
    Fletcher Building Limited
  • Table: Fletcher Building Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Multi-Unit Apartment and Townhouse Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Multi-Unit Apartment and Townhouse 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
    Jargon & Glossary
    Building Consent
  • Consents that are granted by councils to ensure Building Code compliance before building construction can begin.
  • Kiwisaver Homestart Grant
  • A scheme providing financial support to KiwiSaver contributors for the purchase of a first home.
  • Urban Sprawl
  • Population expansion to the outer areas of a city towards low-density housing and developments.
  • Why buy this report?

    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 Multi-Unit Apartment and Townhouse 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 Multi-Unit Apartment and Townhouse 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 Multi-Unit Apartment and Townhouse Construction in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear