NEW YORK, Sept. 18, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
http://www.reportlinker.com/p0969023/World-Housing-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Real_Estate
World housing demand to increase 3.5% annually through 2016
Demand for housing is projected to spur the construction of 60.4 new housing units in 2016, an increase of 3.5 percent per annum. The strongest annual growth in construction will be in industrialized countries that had depressed housing markets in 2011. For most of these countries, the impressive growth rates will still leave the 2016 level of construction below that of a decade earlier, prior to the global financial crisis and resulting recession. In the US, for example, new housing construction will advance 18 percent per year to 1.5 million units in 2016, although that represents only 70 percent of the construction activity in 2006. Western Europe will also experience robust growth in new housing construction over the forecast period, rising 6.3 percent per annum to 1.8 million units.
China, Africa/Mideast to generate most new units
Housing construction in developing regions generally felt less of an impact from the global economic downturn in 2009 (with the notable exception of some markets in the Arabian peninsula), so growth through 2016 will be less fevered than in many industrialized countries. Ongoing rural-to-urban migration and increases in the number of households will underpin demand for new housing units in developing regions through 2016. Both the Africa/Mideast region and China will enjoy solid yearly gains. In the aggregate, those countries will generate 56 percent of the increase in construction of new housing units.
Multifamily housing to outpace single-family units
Multifamily housing units will record faster gains in new construction through 2016 than will single-family units. Increasing urbanization in developing countries will contribute to the trend. In the Africa/Mideast region, for instance, multifamily housing unit construction will accelerate to 4.4 percent per year through 2016. In that region and worldwide, however, single-family housing units will continue to constitute a majority of new housing construction.
World housing stock to increase 1.8% annually
The world housing stock was approaching two billion units in 2011, roughly one percent larger than the number of households. The Asia/Pacific region had the largest housing stock, with its nearly one billion units accounting for 51 percent of the world total; China alone represented 21 percent of the world total. The Africa/ Mideast region had the second largest housing stock in 2011, with 313 million units, or 16 percent of the world total. In the aggregate, Western Europe and North America together accounted for just under one-fifth of the housing stock.
The world stock of housing is expected to increase 1.8 percent per annum through 2016 to 2.1 billion units, a deceleration from the 2001-2011 period as new household formation slows. The most rapid increases in the housing stock will be in the Africa/Mideast region, fueled by above-average population growth. Gains will be driven both by new household formation and by efforts to expand the availability of housing for families who currently share space in one house.
Increases in the housing stock in Central and South America will also surpass the world average, expanding 1.9 percent annually through 2016 to 155 million units. The Asia/Pacific region will retain its position as the leader in housing stock at 1.1 billion units, despite a deceleration in housing construction in China.
Study coverage
This upcoming Freedonia industry study, World Housing, presents historical demand data (2001, 2006, 2011) and forecasts for 2016 and 2021 by housing type, world region and for 22 countries. The study also considers market environment factors, evaluates company market share and profiles industry competitors.
TABLE OF CONTENTS
INTRODUCTION viii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Historical Trends 5
World Economic Outlook 7
World Demographic Overview 11
Population 12
Urban Population 13
Households 15
World Residential Building Construction Expenditures 17
Legislation & Regulatory Considerations 20
III. OVERVIEW 22
General 22
Housing Stock by Region 22
Housing Stock by Housing Type 27
New Housing Demand by Region 29
New Housing Demand by Housing Type 31
IV. NORTH AMERICA 34
General 34
Housing Stock 35
New Housing Units 37
United States 39
Canada 46
Mexico 51
V. WESTERN EUROPE 58
General 58
Housing Stock 59
New Housing Units 61
Germany 63
France 68
United Kingdom 73
Italy 77
Spain 82
Other Western Europe 87
VI. ASIA/PACIFIC 93
General 93
Housing Stock 94
New Housing Units 97
China 99
India 105
Indonesia 111
Japan 115
Thailand 120
South Korea 125
Australia 131
Taiwan 136
Other Asia/Pacific 140
VII. OTHER REGIONS 148
Central & South America 148
Brazil 153
Argentina 157
Other Central & South America 162
Eastern Europe 167
Russia 172
Poland 176
Other Eastern Europe 181
Africa/Mideast 186
Turkey 192
South Africa 196
Other Africa/Mideast 202
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 11
2 World Population by Region 13
3 World Urban Population by Region 15
4 World Households by Region 17
5 World Residential Building Construction Expenditures by Region 19
SECTION III – OVERVIEW
1 World Housing Stock by Region 25
2 World Housing Stock by Type 28
3 World New Housing Units by Region 30
4 World New Housing Units by Type 33
SECTION IV -- NORTH AMERICA
1 North America: Housing Stock 36
2 North America: New Housing Units 39
3 United States: Housing Stock 42
4 United States: New Housing Units 45
5 Canada: Housing Stock 48
6 Canada: New Housing Units 51
7 Mexico: Housing Stock 54
8 Mexico: New Housing Units 57
SECTION V -- WESTERN EUROPE
1 Western Europe: Housing Stock 60
2 Western Europe: New Housing Units 63
3 Germany: Housing Stock 65
4 Germany: New Housing Units 67
5 France: Housing Stock 70
6 France: New Housing Units 72
7 United Kingdom: Housing Stock 75
8 United Kingdom: New Housing Units 77
9 Italy: Housing Stock 80
10 Italy: New Housing Units 82
11 Spain: Housing Stock 85
12 Spain: New Housing Units 87
13 Other Western Europe: Housing Stock 90
14 Other Western Europe: New Housing Units 92
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Housing Stock 96
2 Asia/Pacific: New Housing Units 98
3 China: Housing Stock 102
4 China: New Housing Units 105
5 India: Housing Stock 108
6 India: New Housing Units 110
7 Indonesia: Housing Stock 113
8 Indonesia: New Housing Units 115
9 Japan: Housing Stock 118
10 Japan: New Housing Units 120
11 Thailand: Housing Stock 123
12 Thailand: New Housing Units 125
13 South Korea: Housing Stock 128
14 South Korea: New Housing Units 130
15 Australia: Housing Stock 133
16 Australia: New Housing Units 135
17 Taiwan: Housing Stock 138
18 Taiwan: New Housing Units 140
19 Other Asia/Pacific: Housing Stock 143
20 Other Asia/Pacific: New Housing Units 145
21 Other Asia/Pacific: Housing Stock & New Housing Units by Country 147
SECTION VII -- OTHER REGIONS
1 Central & South America: Housing Stock 150
2 Central & South America: New Housing Units 152
3 Brazil: Housing Stock 155
4 Brazil: New Housing Units 157
5 Argentina: Housing Stock 160
6 Argentina: New Housing Units 162
7 Other Central & South America: Housing Stock 164
8 Other Central & South America: New Housing Units 166
9 Eastern Europe: Housing Stock 169
10 Eastern Europe: New Housing Units 171
11 Russia: Housing Stock 174
12 Russia: New Housing Units 176
13 Poland: Housing Stock 179
14 Poland: New Housing Units 181
15 Other Eastern Europe: Housing Stock 184
16 Other Eastern Europe: New Housing Units 186
17 Africa/Mideast: Housing Stock 189
18 Africa/Mideast: New Housing Units 191
19 Turkey: Housing Stock 194
20 Turkey: New Housing Units 196
21 South Africa: Housing Stock 199
22 South Africa: New Housing Units 201
23 Other Africa/Mideast: Housing Stock 204
24 Other Africa/Mideast: New Housing Units 206
25 Other Africa/Mideast: Housing Stock & New Housing Units
by Country 208
LIST OF CHARTS
SECTION III – OVERVIEW
1 World Housing Stock by Region, 2011 26
2 World Growth in Households & Housing Stock, 2001-2021 26
3 World New Housing Units by Region, 2016 31
SECTION IV -- NORTH AMERICA
1 North America: Growth in Households & Housing Stock,
2001-2021 37
2 United States: Growth in Households & Housing Stock,
2001-2021 43
3 Canada: Growth in Households & Housing Stock, 2001-2021 49
4 Mexico: Growth in Households & Housing Stock, 2001-2021 55
SECTION V -- WESTERN EUROPE
1 Western Europe: Growth in Households & Housing Stock,
2001-2021 61
2 Germany: Growth in Households & Housing Stock,
2001-2021 66
3 France: Growth in Households & Housing Stock, 2001-2021 71
4 United Kingdom: Growth in Households & Housing Stock,
2001-2021 76
5 Italy: Growth in Households & Housing Units, 2001-2021 81
6 Spain: Growth in Households & Housing Stock, 2001-2021 86
7 Other Western Europe: Growth in Households
& Housing Stock, 2001-2021 91
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Growth in Households & Housing Stock,
2001-2021 97
2 China: Growth in Households & Housing Stock, 2001-2021 103
3 India: Growth in Households & Housing Stock, 2001-2021 109
4 Indonesia: Growth in Households & Housing Stock,
2001-2021 114
5 Japan: Growth in Households & Housing Stock,
2001-2021 119
6 Thailand: Growth in Households & Housing Stock,
2001-2021 124
7 South Korea: Growth in Households & Housing Stock,
2001-2021 129
8 Australia: Growth in Households & Housing Stock,
2001-2021 134
9 Taiwan: Growth in Households & Housing Stock,
2001-2021 139
10 Other Asia/Pacific: Growth in Households & Housing Stock,
2001-2021 144
SECTION VII -- OTHER REGIONS
1 Central & South America: Growth in Households
& Housing Stock, 2001-2021 151
2 Brazil: Growth in Households & Housing Stock, 2001-2021 156
3 Argentina: Growth in Households & Housing Stock,
2001-2021 161
4 Other Central & South America: Growth in Households
& Housing Stock, 2001-2021 165
5 Eastern Europe: Growth in Households & Housing Stock,
2001-2021 170
6 Russia: Growth in Households & Housing Stock, 2001-2021 175
7 Poland: Growth in Households & Housing Stock, 2001-2021 180
8 Other Eastern Europe: Growth in Households
& Housing Stock, 2001-2021 185
9 Africa/Mideast: Growth in Households & Housing Stock,
2001-2021 190
10 Turkey: Growth in Households & Housing Stock, 2001-2021 195
11 South Africa: Growth in Households & Housing Stock,
2001-2021 200
12 Other Africa/Mideast: Growth in Households
& Housing Stock, 2001-2021 205
To order this report:
Real_Estate Industry: World Housing Industry
Nicolas Bombourg
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