Construction in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The New Zealand construction industry recorded revenues of $57.2 billion in 2024, representing a compound annual growth rate (CAGR) of 5.2% between 2019 and 2024.
- The non-residential segment accounted for the industry's largest proportion in 2024, with total revenues of $32.2 billion, equivalent to 56.3% of the industry's overall value.
- In 2024, the New Zealand construction industry recorded an annual contraction of 5.4%. The contraction is attributed to a decline in residential construction activity. Rising construction costs, combined with high interest rates and tighter lending conditions, led to a slowdown in new housing permits. According to New Zealand, in June 2024, the housing building permits in New Zealand reached 2,350, down from 2,930 in February 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in New Zealand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in New Zealand
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the New Zealand construction market with five year forecasts
Reasons to Buy
- What was the size of the New Zealand construction market by value in 2024?
- What will be the size of the New Zealand construction market in 2029?
- What factors are affecting the strength of competition in the New Zealand construction market?
- How has the market performed over the last five years?
- What are the main segments that make up New Zealand's construction market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Fletcher Building Ltd
- Fulton Hogan Ltd
- HEB Construction Ltd
- Downer New Zealand Ltd
