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This report provides detailed market analysis, information and insights into the Swedish construction industry including:
- The Swedish construction industry’s growth prospects by market, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within Sweden
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Swedish construction industry
- Profiles of the leading operators in the Swedish construction industry.
- Data highlights of the largest construction projects in Sweden
The Swedish construction industry posted a compound annual growth rate (CAGR) of 4.21% during the review period (2009−2013), supported by private and public investments in infrastructural, residential, industrial and commercial construction projects. Despite the challenging environment, the outlook for the country’s construction industry is favorable due to the government’s commitment to improving the country’s infrastructure, meeting rising demand for residential units. Consequently, the construction industry’s output is expected to record a CAGR of 4.80% over the forecast period.
Complete report is available @ http://www.rnrmarketresearch.com/construction-in-sweden-key-trends-and-opportunities-to-2018-market-report.html .
This report provides a comprehensive analysis of the construction industry in Sweden. It provides:
- Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Sweden using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Detailed profiles of the leading construction companies in Sweden
Reasons to buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using Timetric’s critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
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- After rebounding from the downturn in 2009, gross value-added growth in the Swedish construction industry peaked at an annual rate of 9.5% in 2010. The pace of expansion returned to normal levels during 2011–2013, with the construction industry recording value-added growth rates of 3.4%, 4.3% and 4.6% annually in 2011, 2012 and 2013 respectively. Industry growth slowed in 2012, however, during the fourth quarter of 2013, production and investment in the construction industry started to show signs of recovery, resulting in the construction of more shopping malls, residential properties and transport infrastructure.
- According to Statistics Sweden (SCB), the construction of new buildings in 2013 increased by 46.0%, from 21,294 units in 2012 to 31,000 units in 2013, while the number of buildings completed increased by only 12.0%, from 25,993 units in 2012 to 29,225 units in 2013. The country faces a housing shortage and this, together with better access to credit, has fueled the rise in housing prices. The government is planning to implement measures to control household debt, which are among the highest in Europe. It is also supporting efforts to increase the housing supply.
- According to the SCB, household consumption increased by 1.1% during the first quarter of 2014, compared with the fourth quarter of 2013, and is expected to increase further due to an expansion in salaries. According to the SCB, during the first-quarter of 2014, the number of employed persons rose by 1.4% and gross pay by 3.4% compared with the fourth quarter of 2013. This led Unibail-Rodamco Se − Europe’s largest listed commercial property company − to undertake the construction of two shopping malls in Stockholm.
- Sweden’s population grew from 9.3 million in 2008 to 9.6 million in 2013, representing an increase of 3.1%, and the country’s employment rate increased from 4.5% in 2010 to 4.7% in 2013. According to the SCB, the population is expected to reach 11.8 million by 2060. This, coupled with a rise in employment figures, will result in a strong demand for new housing.
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