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Residential Construction in the United Kingdom

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    Report

  • 45 Pages
  • May 2024
  • Region: United Kingdom
  • MarketLine
  • ID: 5992663
Residential Construction in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Residential construction refers to the process of building structures primarily intended for people to live in.
  • The UK residential construction market recorded total revenues of $226.5 billion in 2023, representing a compound annual growth rate (CAGR) of 3.7% between 2018 and 2023.
  • The new construction segment accounted for the market's largest proportion in 2023, with total revenues of $128.6 billion, equivalent to 56.8% of the market's overall value.
  • In 2023, the UK residential construction market accounted for 15.4% of the total value of the European residential construction market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in the United Kingdom
  • Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom residential construction market with five year forecasts

Reasons to Buy

  • What was the size of the United Kingdom residential construction market by value in 2023?
  • What will be the size of the United Kingdom residential construction market in 2028?
  • What factors are affecting the strength of competition in the United Kingdom residential construction market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom's residential construction market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. How are leading players incorporating technology into their business practices?
7.4. Are there any government schemes in place that affect the industry?
8 Company Profiles
8.1. Barratt Developments Plc
8.2. Morgan Sindall Group Plc
8.3. Taylor Wimpey Plc
8.4. Bellway Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United Kingdom residential construction sector value: $ million, 2018-23
Table 2: United Kingdom residential construction sector category segmentation: % share, by value, 2018-2023
Table 3: United Kingdom residential construction sector category segmentation: $ million, 2018-2023
Table 4: United Kingdom residential construction sector geography segmentation: $ million, 2023
Table 5: United Kingdom residential construction sector value forecast: $ million, 2023-28
Table 6: Barratt Developments Plc: key facts
Table 7: Barratt Developments Plc: Annual Financial Ratios
Table 8: Barratt Developments Plc: Key Employees
Table 9: Morgan Sindall Group Plc: key facts
Table 10: Morgan Sindall Group Plc: Annual Financial Ratios
Table 11: Morgan Sindall Group Plc: Key Employees
Table 12: Taylor Wimpey Plc: key facts
Table 13: Taylor Wimpey Plc: Annual Financial Ratios
Table 14: Taylor Wimpey Plc: Key Employees
Table 15: Bellway Plc: key facts
Table 16: Bellway Plc: Annual Financial Ratios
Table 17: Bellway Plc: Key Employees
Table 18: United Kingdom size of population (million), 2019-23
Table 19: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 20: United Kingdom gdp (current prices, $ billion), 2019-23
Table 21: United Kingdom inflation, 2019-23
Table 22: United Kingdom consumer price index (absolute), 2019-23
Table 23: United Kingdom exchange rate, 2019-23
List of Figures
Figure 1: United Kingdom residential construction sector value: $ million, 2018-23
Figure 2: United Kingdom residential construction sector category segmentation: $ million, 2018-2023
Figure 3: United Kingdom residential construction sector geography segmentation: % share, by value, 2023
Figure 4: United Kingdom residential construction sector value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the residential construction sector in the United Kingdom, 2023
Figure 6: Drivers of buyer power in the residential construction sector in the United Kingdom, 2023
Figure 7: Drivers of supplier power in the residential construction sector in the United Kingdom, 2023
Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in the United Kingdom, 2023
Figure 9: Factors influencing the threat of substitutes in the residential construction sector in the United Kingdom, 2023
Figure 10: Drivers of degree of rivalry in the residential construction sector in the United Kingdom, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Barratt Developments Plc
  • Morgan Sindall Group Plc
  • Taylor Wimpey Plc
  • Bellway Plc