Slow demolition: Industry revenue growth is expected to be constrained in 2023, partially due to low business sentiment
Over the five years through 2023, revenue is forecast to climb at a compound annual rate of 7.4% to €555.1 million. Growth in revenue has been driven by residential building construction in Ireland. The government has put a number of schemes in place to support the construction of new homes to address the shortage of residential properties in Ireland, effectively bankrolling demand from the residential market and supporting revenue despite turbulent economic conditions.
Contractors in this industry prepare a site for subsequent construction activities. This may include building and structure demolition, site investigation, and land excavation. This industry also includes test drilling and core sampling services.
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.
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