Dublin, Sept. 23, 2020 (GLOBE NEWSWIRE) -- The "Latin America Building Construction Industry Databook Series - Market Size & Forecast (2015 - 2024) by Value and Volume (area and units) across 30+ Market Segments, Opportunities in Top 100 Cities, and Risk Assessment - COVID-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.
The building construction industry in Latin America is expected to record a CAGR of 12.6% to reach USD 352.7 billion by 2024. The residential construction industry in value terms increased at a CAGR of 1.2% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 15.3% over the forecast period.
Building construction industry in Latin America is expected to record a period of negative / low growth over the next 8 quarters, driven by economic downturn triggered due to Covid-19 outbreak. While impact across building construction sectors varies, residential, commercial, and industrial segments are expected to be worst affected. Business and consumer sentiment is expected to be on a slow track to recover due to pandemic, resulting in prolonged distress building construction sectors.
In residential sector, affordable housing is expected to stay least affected, supported by a mix of public and private spending. Mid-tier and luxury residential construction segments are expected to be severely impacted. Growth across commercial building construction in Latin America, especially office, retail, and entertainment is expected to record negative growth.
This report provides data and trend analyses on Latin American building construction industry, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 650+ charts and 600+ 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 top 50 cities, helping clients assess key regions to target within the city.
Report Scope
Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in Latin America.
KPIs covered include the following:
- Market size by value
- Market size by volume of construction
- Number of units
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 Country
- Price point / income level (luxury, mid-tier, affordable)
- Construction stage (new construction, re-development, maintenance)
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 Country
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 Country
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 Country
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)
- Country Covered:
- Brazil
- Argentina
- Chile
- Colombia
- Mexico
For more information about this report visit https://www.researchandmarkets.com/r/p9q9s9
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