Multi-Unit Apartment and Townhouse Construction in New Zealand - Market Research Report

Multi-Unit Apartment and Townhouse Construction industry trends (2014-2019)

poll Average industry growth 2014–2019: 16.5%

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 led to an all-time high for residential building consents during the period. Several apartment projects are expected to be completed in the current year, with industry revenue anticipated to rise by 3.4% in 2019-20. Overall, industry revenue is expected to rise at an annualised 11.5% over the five years through 2019-20, to $1.79 billion. Growth in apartment construction has been most significant in Auckland and Wellington due to strong population growth and migration over the past five years. So...
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Multi-Unit Apartment and Townhouse 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.

Revenue for the Multi-Unit Apartment and Townhouse Construction industry is projected to decline slightly over the next five years, following the apartment construction boom. A growing population, continued strong net migration and an increase in household numbers are anticipated to prolong the shortfall in housing supply over the period, although construction activity is forecast to slow. The industry's performance is projected to weaken as interest rates on mortgages rise over the next five years, residential housing price increases slow and building consents moderate. Enterprise and employee numbers are anticipated to fall slightly over the period as construction activity tapers off. Overall, industry revenue is forecast to fall at an annualised X...
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Multi-Unit Apartment and Townhouse Construction industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 2,887
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 4,908

Biggest companies in the Multi-Unit Apartment and Townhouse Construction industry

The companies holding the largest market share in the Multi-Unit Apartment and Townhouse Construction in New Zealand industry include Fletcher Building Limited.

  • pie_chart Fletcher Building Limited Market Share: x.x%
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What is Multi-Unit Apartment and Townhouse Construction industry?

Industry Definition

Industry operators primarily construct apartments, duplex housing, semi-detached housing, flats and other attached housing. The industry also includes alterations, additions and renovations made to these buildings, and organising or managing construction for these residential building types.

Industry Products and Services

  • Apartments
  • Townhouses, flats and units
  • 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 construction of attached housing

Market research report - table of contents

Industry Definition

Industry operators primarily construct apartments, duplex housing, semi-detached housing, flats and other attached housing. The industry also includes alterations, additions and renovations made to these buildings, and organising or managing construction for these residential building types.

Main Activities

  • Apartment construction
  • Semi-detached housing construction
  • Duplex housing construction
  • Flat construction
  • Alterations or renovations of attached housing
  • Managing or organising the construction of attached housing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Dwelling consents issued is an indicator of housing supply and the project pipeline for construction companies in New Zealand. Higher prices and greater d...
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Dwelling consents issued
Residential housing loan rates
Mortgage affordability
Number of households

Current Performance

Strong property market
 Chart: Revenue Growth

Industry Outlook

Demand factors
 Table: Multi-Unit Apartment and Townhouse Construction in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Multi-Unit Apartment and Townhouse Construction in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

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

The Multi-Unit Apartment and Townhouse Construction industry comprises firms that construct apartments, flats, semi-detached houses and other dwellings, b...
First-home buyers
Movers
Other markets



Demand Determinants

Demand for the Multi-Unit Apartment and Townhouse Construction industry is driven by a range of short- and long-term macroeconomic factors. Consumer senti...
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Major Markets

First-home buyers
Movers
Other markets




 Chart: Major Market Segmentation for the Multi-Unit Apartment and Townhouse 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 Multi-Unit Apartment and Townhouse Construction industry exhibits low market share concentration. The four largest operators are expected to account f...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Multi-Unit Apartment and Townhouse Construction in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Multi-Unit Apartment and Townhouse Construction in New Zealand - Market Research Report Industry

Industry Globalization

Fletcher Building Limited is an Auckland-based public company that is dual-listed on the NZX and ASX. The company has substantial operations spanning buil...
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Fletcher Building

 Table: Fletcher Building - financial performance

Capital Intensity

The Multi-Unit Apartment and Townhouse Construction industry exhibits low capital intensity. For every dollar paid as wages, an estimated $0.09 is spent o...
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 Chart: Level of Capital Intensity for the Multi-Unit Apartment and Townhouse 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 Multi-Unit Apartment and Townhouse Construction in New Zealand Industry

Industry Revenue (2008-2026)
Industry Gross Product (2008-2026)
Establishments (2008-2026)
Businesses (2008-2026)
Employment (2008-2026)
Exports (2008-2026)
Imports (2008-2026)
Wages (2008-2026)
Domestic Demand (2008-2026)

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 CONSENTS

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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

Why buy this report on the Multi-Unit Apartment and Townhouse Construction industry?

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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

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