United Kingdom Residential Construction Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Residential Construction in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 residential construction market is defined as the value of work put in place annually for residential buildings. Market value is defined in general as the total output value of construction activity in any given time period, including costs related to construction materials, equipment and services for new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The UK residential construction market had total revenues of $203.4bn in 2021, representing a compound annual growth rate (CAGR) of 5.8% between 2016 and 2021.
- The new construction segment was the market's most lucrative in 2021, with total revenues of $118.6bn, equivalent to 58.3% of the market's overall value.
- The UK residential construction market saw strong growth in 2021 after a severe decline in value in 2020.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in the United Kingdom
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom residential construction market with five year forecasts
- What was the size of the United Kingdom residential construction market by value in 2021?
- What will be the size of the United Kingdom residential construction market in 2026?
- What factors are affecting the strength of competition in the United Kingdom residential construction market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's residential 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 were the leading players in 2021?
- 7.2. How are leading players incorporating new technology into their business practices?
- 7.3. Are there any government schemes in place which affect the industry?
- 8 Company Profiles
- 8.1. Balfour Beatty plc
- 8.2. Barratt Developments Plc
- 8.3. Persimmon Plc
- 8.4. Taylor Wimpey Plc
- 8.5. Canary Wharf Contractors 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: United Kingdom residential construction sector value: $ billion, 2017-21
- Table 2: United Kingdom residential construction sector category segmentation: % share, by value, 2017-2021
- Table 3: United Kingdom residential construction sector category segmentation: $ billion, 2017-2021
- Table 4: United Kingdom residential construction sector geography segmentation: $ billion, 2021
- Table 5: United Kingdom residential construction sector value forecast: $ billion, 2021-26
- Table 6: Balfour Beatty plc: key facts
- Table 7: Balfour Beatty plc: Annual Financial Ratios
- Table 8: Balfour Beatty plc: Key Employees
- Table 9: Barratt Developments Plc: key facts
- Table 10: Barratt Developments Plc: Annual Financial Ratios
- Table 11: Barratt Developments Plc: Key Employees
- Table 12: Persimmon Plc: key facts
- Table 13: Persimmon Plc: Annual Financial Ratios
- Table 14: Persimmon Plc: Key Employees
- Table 15: Taylor Wimpey Plc: key facts
- Table 16: Taylor Wimpey Plc: Annual Financial Ratios
- Table 17: Taylor Wimpey Plc: Key Employees
- Table 18: Canary Wharf Contractors Ltd: key facts
- Table 19: Canary Wharf Contractors Ltd: Key Employees
- Table 20: United Kingdom size of population (million), 2017-21
- Table 21: United Kingdom gdp (constant 2005 prices, $ billion), 2017-21
- Table 22: United Kingdom gdp (current prices, $ billion), 2017-21
- Table 23: United Kingdom inflation, 2017-21
- Table 24: United Kingdom consumer price index (absolute), 2017-21
- Table 25: United Kingdom exchange rate, 2017-21
- List of Figures
- Figure 1: United Kingdom residential construction sector value: $ billion, 2017-21
- Figure 2: United Kingdom residential construction sector category segmentation: $ billion, 2017-2021
- Figure 3: United Kingdom residential construction sector geography segmentation: % share, by value, 2021
- Figure 4: United Kingdom residential construction sector value forecast: $ billion, 2021-26
- Figure 5: Forces driving competition in the residential construction sector in the United Kingdom, 2021
- Figure 6: Drivers of buyer power in the residential construction sector in the United Kingdom, 2021
- Figure 7: Drivers of supplier power in the residential construction sector in the United Kingdom, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in the United Kingdom, 2021
- Figure 9: Factors influencing the threat of substitutes in the residential construction sector in the United Kingdom, 2021
- Figure 10: Drivers of degree of rivalry in the residential construction sector in the United Kingdom, 2021
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