The Australian construction industry is expected to record a CAGR just shy of 5% by 2018

Report description overview:

The new report, now available on ASDReports, Construction in Australia key trends and opportunities – Research Report identifies that the construction industry in Australia is expected to value just under US$185 billion by 2018. By purchasing this report you will secure a proper understanding of trends and market opportunities in the construction industry in Australia, which will enable you to amend your business plans accordingly to allow maximum sales. You will gain an understanding of the key factors driving the construction industry in Australia, enabling you to identify the growth opportunities and market dynamics.

The difference:

• Confidently update your strategic business decisions by using historical and forecast valuations of the construction industry in Australia using construction output and value-add methods.
• Analyze the profiles of the leading operators in the construction industry in Australia, to gain the upper hand over competitors.
• Gain a critical insight into the impact of industry trends and issues, and the risks and opportunities they present, to better position your business for future growth.  
• Additional report highlights:
• Weak business confidence and consumer demand, and the easing of the mining boom, which was the country’s main economic driver. This affected the demand for commercial construction. The market will be supported by growth in the retail and tourism sectors, and a rise in disposable income levels. The market is expected to record a CAGR of over 4%, to just over US$21 billion in 2018.
• Supported by investments in the manufacturing plants, chemicals and pharmaceuticals plants, and metal and material processing plants categories. The expansion of the mining industry and the manufacturing plants category will support the market’s growth over the forecast period. Consequently, the market is expected to post a forecast-period CAGR of just under 5%, to value just over US$7 billion in 2018.
• The government invested heavily in infrastructure construction projects during the review period, which resulted in the market growing to a CAGR of just under 8%. This growth also can be attributed to the participation of the private sector through public-private partnerships in infrastructure developments. The market is projected to continue its expansion, driven mainly by investments in road, rail and energy and communication infrastructure. Purchase this report to discover more!