Philippines Construction Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Construction in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). 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 Filipino Construction industry had total revenues of $54.0bn in 2021, representing a compound annual growth rate (CAGR) of 3% between 2016 and 2021.
- The Non-Residential Construction segment was the industry's most lucrative in 2021, with total revenues of $37.1bn, equivalent to 68.7% of the industry's overall value.
- Decline in 2020 can be attributed to the COVID-19 pandemic which greatly impacted the Filipino construction market as supply chain disruptions delayed construction projects and inhibited growth in the market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Philippines
- 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 Philippines construction market with five year forecasts by both value and volume
- What was the size of the Philippines construction market by value in 2021?
- What will be the size of the Philippines construction market in 2026?
- What factors are affecting the strength of competition in the Philippines construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines'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 leading players?
- 7.2. What strategies do leading players follow?
- 7.3. How have environmental concerns influenced the competitive landscape?
- 7.4. Which players have been behind the biggest construction contracts in recent years?
- 7.5. What are the recent developments?
- 8 Company Profiles
- 8.1. D.M. Consunji Inc
- 8.2. Sumitomo Mitsui Construction Co Ltd
- 8.3. Hyundai Engineering & Construction Co Ltd
- 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: Philippines construction industry value: $ million, 2016-21
- Table 2: Philippines construction industry category segmentation: % share, by value, 2016-2021
- Table 3: Philippines construction industry category segmentation: $ million, 2016-2021
- Table 4: Philippines construction industry geography segmentation: $ million, 2021
- Table 5: Philippines construction industry value forecast: $ million, 2021-26
- Table 6: D.M. Consunji Inc: key facts
- Table 7: D.M. Consunji Inc: Key Employees
- Table 8: Sumitomo Mitsui Construction Co Ltd: key facts
- Table 9: Sumitomo Mitsui Construction Co Ltd: Annual Financial Ratios
- Table 10: Sumitomo Mitsui Construction Co Ltd: Key Employees
- Table 11: Sumitomo Mitsui Construction Co Ltd: Key Employees Continued
- Table 12: Hyundai Engineering & Construction Co Ltd: key facts
- Table 13: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
- Table 14: Hyundai Engineering & Construction Co Ltd: Key Employees
- Table 15: Philippines size of population (million), 2017-21
- Table 16: Philippines gdp (constant 2005 prices, $ billion), 2017-21
- Table 17: Philippines gdp (current prices, $ billion), 2017-21
- Table 18: Philippines inflation, 2017-21
- Table 19: Philippines consumer price index (absolute), 2017-21
- Table 20: Philippines exchange rate, 2017-21
- List of Figures
- Figure 1: Philippines construction industry value: $ million, 2016-21
- Figure 2: Philippines construction industry category segmentation: $ million, 2016-2021
- Figure 3: Philippines construction industry geography segmentation: % share, by value, 2021
- Figure 4: Philippines construction industry value forecast: $ million, 2021-26
- Figure 5: Forces driving competition in the construction industry in Philippines, 2021
- Figure 6: Drivers of buyer power in the construction industry in Philippines, 2021
- Figure 7: Drivers of supplier power in the construction industry in Philippines, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Philippines, 2021
- Figure 9: Factors influencing the threat of substitutes in the construction industry in Philippines, 2021
- Figure 10: Drivers of degree of rivalry in the construction industry in Philippines, 2021
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