Saudi Arabia Building Construction Industry Research Report 2024
Covid-19 outbreak has severely impacted business and consumer sentiment in Saudi Arabia, leading to building construction sectors recording lowest growth in years. Though recovery is expected to begin starting Q1 2020, it will take at least 6-8 quarters before residential and commercial construction sectors return to a stable growth trajectory. Relatively speaking, we expects growth in affordable housing segment to bounce back faster than mid-tier and luxury segments. Office and retail segments are expected to witness a slow recovery as collapsed demand will take 6-8 quarters to recover completely.
The Building Construction Industry in Saudi Arabia is expected to record a CAGR of 12.6% to reach SAR 182.9 billion by 2024. The residential construction industry in value terms increased at a CAGR of 5.7% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 14.4% over the forecast period.
This report provides data and trend analyses on building construction industry in Saudi Arabia, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 120+ charts and 100+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 30 segments in residential, commercial, industrial and institutional construction sectors.
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Saudi Arabia Building Construction Industry
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.
• Market Data and Insights: This report provides market size and forecast across 30+ construction segments for a period of 10 years from 2015-2024 in Saudi Arabia.
KPIs covered include the following:
• Market size by value
• Market size by volume of construction
• Number of units
• Saudi Arabia Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Housing type (multi family, single family)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Top 10 cities in Saudi Arabia
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development, maintenance)
Browse our full report with Table of Content : http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-building-construction-industry-databook-series-market-size-forecast-2015-2024-by-value-and-volume-/2083438
Contact us at:
Market Reports On Saudi Arabia
Tel: +91 22 27810772 / 27810773
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Last Update : Jun 23, 2020 8:41 AM
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