Revenue is forecast to climb at a compound annual rate of 2.3% over the five years through 2023-24 to £2.9 billion. Site preparation contractors are rarely able to supplement revenue with projects on existing developments, so rely on new construction projects on land where remediation is required. The pandemic weighed on the volume of tender opportunities for site preparation firms as businesses sought to cancel or postpone significant construction projects, opting to preserve cashflow instead. Larger firms were more resilient to pandemic-related disruptions as public and civil work, usually secured by large and reputable players, is less susceptible to economic conditions.Levelling up: A rise in construction output is forecast to support an increase in industry revenue in 2022-23
Companies in this industry provide a variety of services to facilitate construction, including excavation, landfill, blasting, levelling and land drainage. The industry excludes demolition, drilling and decontamination activities.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Methodology
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