Commercial and Industrial Building Construction in New Zealand - Industry Market Research Report

Mortar-fied: Working and shopping from home have reduced demand for offices and retail stores

The Commercial and Industrial Building Construction industry builds offices, retail stores, airport terminals, hotels, factories and storage facilities. The industry's performance is underpinned by general economic drivers like growth in the labour force, the number of businesses and household consumption. The industry comprises many small-scale companies but also includes several prominent contractors that operate nationally and have the capacity to undertake significant office tower and retail developments, like the Commercial Bay development in Auckland. Industry operators construct commercial and industrial non-residential buildings. Operators also perform alterations, renovations and general repairs of commercial and industrial buildings, and organise and manage construction. 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.