
Construction in the United Kingdom
Description
Construction in the United Kingdom
Summary
Construction in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Construction in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The UK construction industry recorded revenues of $535.3 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019 and 2024.
- The non-residential segment accounted for the industry's largest proportion in 2024, with total revenues of $296.3 billion, equivalent to 55.3% of the industry's overall value.
- In 2024, the UK construction industry recorded an annual growth of 4.7%. The growth is attributed to robust public infrastructure investment and ambitious housing targets. Projects such as HS2 and upgrades to the National Grid are supporting the industry’s growth.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in the United Kingdom
- 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 United Kingdom construction market with five year forecasts by both value and volume
- What was the size of the United Kingdom construction market by value in 2024?
- What will be the size of the United Kingdom construction market in 2029?
- What factors are affecting the strength of competition in the United Kingdom construction market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's construction market?
Table of Contents
46 Pages
- 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 leading players in the industry?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Balfour Beatty Plc
- 8.2. Morgan Sindall Group Plc
- 8.3. Barratt Redrow Plc
- 8.4. Kier Group Plc
- 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: United Kingdom construction industry value: $ million, 2019-24
- Table 2: United Kingdom construction industry category segmentation: % share, by value, 2019-24
- Table 3: United Kingdom construction industry category segmentation: $ million, 2019-24
- Table 4: United Kingdom construction industry geography segmentation: $ million, 2024
- Table 5: United Kingdom construction industry value forecast: $ million, 2024-29
- Table 6: Balfour Beatty Plc: Key Facts
- Table 7: Balfour Beatty Plc: Annual Financial Ratios
- Table 8: Balfour Beatty Plc: Key Employees
- Table 9: Morgan Sindall Group Plc: Key Facts
- Table 10: Morgan Sindall Group Plc: Annual Financial Ratios
- Table 11: Morgan Sindall Group Plc: Key Employees
- Table 12: Barratt Redrow Plc: Key Facts
- Table 13: Barratt Redrow Plc: Annual Financial Ratios
- Table 14: Barratt Redrow Plc: Key Employees
- Table 15: Kier Group Plc: Key Facts
- Table 16: Kier Group Plc: Annual Financial Ratios
- Table 17: Kier Group Plc: Key Employees
- Table 18: United Kingdom Size of Population (Million), 2020-24
- Table 19: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 20: United Kingdom GDP (Current Prices, $ Billion), 2020-24
- Table 21: United Kingdom Inflation, 2020-24
- Table 22: United Kingdom Consumer Price Index (Absolute), 2020-24
- Table 23: United Kingdom Exchange Rate, 2019-24
- List of Figures
- Figure 1: United Kingdom construction industry value: $ million, 2019-24
- Figure 2: United Kingdom construction industry category segmentation: $ million, 2019-24
- Figure 3: United Kingdom construction industry geography segmentation: % share, by value, 2024
- Figure 4: United Kingdom construction industry value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the construction industry in the United Kingdom, 2024
- Figure 6: Drivers of buyer power in the construction industry in the United Kingdom, 2024
- Figure 7: Drivers of supplier power in the construction industry in the United Kingdom, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the construction industry in the United Kingdom, 2024
- Figure 9: Factors influencing the threat of substitutes in the construction industry in the United Kingdom, 2024
- Figure 10: Drivers of degree of rivalry in the construction industry in the United Kingdom, 2024
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