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South African Construction Industry Worth ZAR 100 Billion by 2024 - Governmental Efforts to Enhance Residential, Transport and Infrastructure Projects

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News provided by

Research and Markets

Mar 23, 2020, 10:15 ET

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DUBLIN, March 23, 2020 /PRNewswire/ -- The "South Africa Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Opportunities in Top 10 Cities, and Risk Assessment" report has been added to ResearchAndMarkets.com's offering.

The building construction industry in South Africa is expected to record a CAGR of 4.8% to reach ZAR 100 billion by 2024. The residential construction industry in value terms increased at a CAGR of 2.3% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 3% over the forecast period.

The high unemployment rate and low level of household income in the country is the major reason why the residential sector in South Africa has been adversely affected over the years. However, because of the recent government change in the country along with increased competition between mortgage lenders and low-interest rates offered by the banks, the residential sector is again retaining the positive trend in the country.

With the new government's efforts to enhance residential, transport and infrastructure projects, further growth is expected in the construction industry in the country. As of now, the total construction project value in the pipeline stands at US$194 billion in South Africa. These pipeline projects include projects from pre-planning to execution.

This report provides data and trend analyses on building construction industry in South Africa, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 120+ charts and 100+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 30 segments in residential, commercial, industrial and institutional construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.

Report Scope

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in South Africa.

KPIs covered include the following:

  • Market size by value
  • Market size by volume of construction
  • Number of units

South Africa Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

  • Housing type (multi family, single family)
  • Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
  • Top 10 cities in South Africa
  • Price point / income level (luxury, mid-tier, affordable)
  • Construction stage (new construction, re-development, maintenance)

South Africa Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

  • Office building (further broken down by Grade A, Grade B, and Grade C)
  • Retail building
  • Hospitality and luxury building
  • Restaurant
  • Entertainment
  • Sports facility
  • Construction stage (new construction, re-development, maintenance)
  • Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
  • Top 10 cities in South Africa

South Africa Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

  • Manufacturing plants
  • Chemical & pharmaceutical
  • Metal & material processing
  • Construction stage (new construction, re-development, maintenance)
  • Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
  • Top 10 cities in South Africa

South Africa Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

  • Healthcare construction
  • Educational construction
  • Public sector
  • construction stage (new construction, re-development, maintenance)
  • Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
  • Top 10 cities in South Africa

South Africa Infrastructure Construction Sectors: 10- year market size & forecast in value terms by:

  • Marine and inland water infrastructure
  • Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
  • Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
  • Construction stage (new construction, re-development, maintenance)

Cities Covered

  • Johannesburg
  • Cape Town
  • East Rand
  • Durban
  • Soweto
  • Pretoria
  • Port Elizabeth
  • Pietermaritzburg
  • Benoni
  • Tembisa

Reason to Buy

  • In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in South Africa.
  • Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
  • City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.

Companies Mentioned

  • Aveng Ltd.
  • Stefanutti Stocks Holdings Ltd.
  • Aveng Grinaker-LTA Ltd.
  • Murray & Roberts Holdings Ltd.
  • Group Five Limited
  • Erbacon Investment Holdings Limited
  • Sea Kay Holdings Limited
  • Sanyati Holdings Limited
  • Basil Read Holdings Ltd.
  • GJS Construction
  • Kwikspace Modular Buildings (Pty) Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/lefgwv

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.


Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

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SOURCE Research and Markets

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