Canada Construction Market Summary, Competitive Analysis and Forecast to 2027

Canada Construction Market Summary, Competitive Analysis and Forecast to 2027


Summary

Construction in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
  • The Canadian construction industry had total revenues of $343,976.7 million in 2022, representing a compound annual growth rate (CAGR) of 4.8% between 2017 and 2022.
  • The non-residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $181,836.3 million, equivalent to 52.9% of the industry's overall value.
  • According to Statistics Canada, in the fourth quarter of 2022, residential building construction costs rose 1.0% after rising 2.5% in the previous quarter. Construction costs for non-residential buildings increased by 1.6% in the fourth quarter of 2022 after increasing by 2.1% in the previous quarter.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Canada
  • Leading company profiles reveal details of key construction market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada construction market with five year forecasts
Reasons to Buy
  • What was the size of the Canada construction market by value in 2022?
  • What will be the size of the Canada construction market in 2027?
  • What factors are affecting the strength of competition in the Canada construction market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Canada's construction market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the key players in this sector?
7.2. How have ongoing environmental concerns influenced the competitive landscape?
7.3. What has been the most significant M&A activity this year?
7.4. Who are the main challengers to the incumbents?
8 Company Profiles
8.1. WSP Global Inc
8.2. Stantec Inc
8.3. Mattamy Homes
8.4. SNC-Lavalin Group Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Canada construction industry value: $ million, 2017–22
Table 2: Canada construction industry category segmentation: % share, by value, 2017–2022
Table 3: Canada construction industry category segmentation: $ million, 2017-2022
Table 4: Canada construction industry geography segmentation: $ million, 2022
Table 5: Canada construction industry value forecast: $ million, 2022–27
Table 6: WSP Global Inc: key facts
Table 7: WSP Global Inc: Annual Financial Ratios
Table 8: WSP Global Inc: Key Employees
Table 9: WSP Global Inc: Key Employees Continued
Table 10: Stantec Inc: key facts
Table 11: Stantec Inc: Annual Financial Ratios
Table 12: Stantec Inc: Key Employees
Table 13: Mattamy Homes: key facts
Table 14: Mattamy Homes: Key Employees
Table 15: SNC-Lavalin Group Inc.: key facts
Table 16: SNC-Lavalin Group Inc.: Annual Financial Ratios
Table 17: SNC-Lavalin Group Inc.: Key Employees
Table 18: Canada size of population (million), 2018–22
Table 19: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 20: Canada gdp (current prices, $ billion), 2018–22
Table 21: Canada inflation, 2018–22
Table 22: Canada consumer price index (absolute), 2018–22
Table 23: Canada exchange rate, 2018–22
List of Figures
Figure 1: Canada construction industry value: $ million, 2017–22
Figure 2: Canada construction industry category segmentation: $ million, 2017-2022
Figure 3: Canada construction industry geography segmentation: % share, by value, 2022
Figure 4: Canada construction industry value forecast: $ million, 2022–27
Figure 5: Forces driving competition in the construction industry in Canada, 2022
Figure 6: Drivers of buyer power in the construction industry in Canada, 2022
Figure 7: Drivers of supplier power in the construction industry in Canada, 2022
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Canada, 2022
Figure 9: Factors influencing the threat of substitutes in the construction industry in Canada, 2022
Figure 10: Drivers of degree of rivalry in the construction industry in Canada, 2022

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