Global Real Estate Sector Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Real Estate Sector Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities. In this report, Real Estate Sector is divided into rental market and retail market, real estate can be used for residential or commercial use.

Market Overview:

The latest research study on the global Real Estate Sector market finds that the global Real Estate Sector market reached a value of USD 10186684.48 million in 2022. It’s expected that the market will achieve USD 14061820.5 million by 2028, exhibiting a CAGR of 5.52% during the forecast period.

Real Estate Sector Market Drivers Analysis

In many countries, construction is seen as a vital industry to survive the pandemic. Construction demand is also less affected by consumer spending than many other industries most affected by the outbreak. As such, the global construction industry is expected to lead the post-pandemic economic recovery. Because a large portion of fiscal spending goes to infrastructure, this boosts productivity and economic performance in the long run. This can be seen in economic infrastructure such as roads, railways, ports and airports; energy assets capable of efficiently producing and transporting goods to end markets; and social infrastructure such as hospitals and schools. Such as the US government's announced $2 trillion infrastructure plan to revitalize America's transportation infrastructure, water systems, broadband and manufacturing, among other goals. Similar measures have been rolled out from Europe to China to revive economies. Government investment in the construction industry is expected to drive the development of the real estate industry.

Real Estate Sector Market Challenges Analysis

The interest rates charged by banks depend on many factors, such as economic conditions. A country's central bank sets an interest rate that each bank uses to determine the range of annual interest rates (APRs) they offer. When inflation is high, central banks tend to raise interest rates because higher interest rates increase the cost of debt, inhibiting borrowing and slowing consumer demand. The real estate industry is often closely related to the lending business of banks, so bank interest rates also affect the value of real estate. Low interest rates tend to increase demand for real estate, pushing up prices, while high interest rates often backfire. At present, factors such as the war in Ukraine, sanctions on Russia, China's new crown epidemic restrictions and continued supply chain disruptions have increased global inflation and led to a general increase in global interest rates. This could hinder the growth of the real estate market.

Region Overview:

From 2022-2027, United States is estimated to witness robust growth prospects.

Company Overview:

Country Garden is one of the major players operating in the Real Estate Sector market, holding a share of 0.83% in 2022.

Country Garden Holdings Limited is one of the largest urbanized residential developers in China by sales. The company adopts a centralized and standardized operation mode and provides diversified products to meet different market needs.

As of December 31, 2021, the company's development projects cover 31 provinces, 299 prefecture-level administrative divisions, and 1,425 districts and counties in mainland China, with a total of 3,216 projects.

As one of the two core leading industries of Greenland Group, real estate development has formed a variety of functional product categories including super high-rises, international convention and exhibition centers, and modern industrial parks.

Segmentation Overview:

Among different product types, Retail Market segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Commercial Real Estate segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Real Estate Sector market covered in Chapter 3:

Brookfield Asset Management
Greystar
JLL
Mitsubishi Estate
Country Garden
Vanke
Greenland Holdings
Lennar
Vonovia
PulteGroup
D.R. Horton
Prologis

In Chapter 4 and Chapter 14.2, on the basis of types, the Real Estate Sector market from 2018 to 2029 is primarily split into:

Renting Market
Retail Market

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Real Estate Sector market from 2018 to 2029 covers:

Commercial Real Estate
Multifamily of Residential Real Estate
Separate House of Residential Real Estate

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)