Commercial construction is expected to post a forecast-period CAGR of almost 4% by 2018

Monday 7 July 2014, Amsterdam

Report description overview:

The new report, now available on ASDReports, Construction in Sweden – Key Trends and Opportunities to 2018 provides detailed market analysis, information and insights into the Swedish construction industry including analysis of equipment, material and service costs across each project type in Sweden as well as critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Swedish construction industry. You will acquire profiles of the leading operators in the Swedish construction industry and analysis of equipment, material and service costs across each project type in Sweden.

The difference:



Report highlights:

Despite the challenging environment, the outlook for the Swedish construction industry is favorable due to the government’s commitment to improving the country’s infrastructure, meeting rising demand for residential units. Timetric expects the Swedish construction industry’s output to reach over SEK478 billion in 2018, representative of a forecast-period CAGR of almost 5%.

The market is projected to continue to expand over the forecast period, driven by further investments in office and retail buildings, an increase in disposable income, and growth in retail sales as consumer confidence recovers. The market will also be supported by growth in the chemicals and pharmaceuticals plants, and manufacturing plants categories.

The government is planning to implement measures to control household debts, which are among the highest in Europe. Over the forecast period, growth in the market will be driven by low inflation, tax cuts, low interest rates and an increase in disposable income. It is anticipated to post a forecast-period CAGR of almost 5%.