Global Foundation, Structure, And Building Exterior Contractors Market Report 2022 – Market Forecast, Trends And Strategies
5 Jan, 2022
The global foundation, structure, and building exterior contractors market size is expected to grow from $1.07 trillion in 2021 to $1.17 trillion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The growth in the foundation, structure and building exterior contractors market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The foundation, structure and building exterior contractors market is expected to reach $1.65 trillion in 2026 at a CAGR of 8.9%.
What is the Global Foundation, Structure, And Building Exterior Contractors Market?
The foundation, structure and building exterior contractors market consists of sales of foundation, structure, and building exterior contractors services and related goods by entities (organizations, sole traders and partnerships) that perform the specialty trades needed to complete the basic structure (i.e., foundation, frame, and shell) of buildings. The work performed may include new work, additions, alterations, maintenance, and repairs.
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What drives the Global Foundation, Structure, And Building Exterior Contractors Market?
A rapidly growing urban population is expected to increase the demand for new residential and commercial land, during the forecast period. According to the UN World Urbanization Prospects report, globally it is projected that more than two-thirds (60%) of the world's population will be living in cities by 2050. For instance, large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the foundation, structure, and building exterior contractors market during the forecast period.
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https://www.thebusinessresearchcompany.com/report/foundation,-structure,-and-building-exterior-contractors-global-market-reportGlobal Foundation, Structure, And Building Exterior Contractors Market Segments
The global foundation, structure, and building exterior contractors market is segmented:
By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling
By Application: Residential Building Construction, Nonresidential Building Construction, Others
By Service Provider: Large Chain Companies, Independent Contractors
By Mode: Online, Offline
By Geography: The regions covered in the foundation, structure, and building exterior contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest share in the global foundation, structure, and building exterior contractors market.
Foundation, Structure, And Building Exterior Contractors Global Market Report 2022provides market size and growth forecasts for the global foundation, structure, and building exterior contractors market, global foundation, structure, and building exterior contractors market share, foundation, structure, and building exterior contractors market segments and geographies, foundation, structure, and building exterior contractors market competitive landscape including leading competitors’ revenues, profiles and market shares. The foundation, structure, and building exterior contractors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Foundation, Structure, And Building Exterior Contractors Industry Playersinclude Shimizu Corporation, Carlisle Companies Inc., Peab AB, Ncc AB, PT United Tractors Tbk. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.