French Construction Industry Expected To Recover and Register Positive Growth over the Forecast Period (2017-2021)
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Following two years of contraction, the French construction industry recovered slightly in 2016, mainly due to a recovery in global economic conditions and favorable government policies for manufacturing companies. Consequently, the industry registered a marginal growth of 0.1% in real terms in 2016.
The industry’s value is expected to pick up over the forecast period (20172021), with investments in public infrastructure, energy, commercial and industrial projects, and improved consumer and investor confidence. A rise in building permits for the construction of residential and non-residential buildings in the country is also expected to support the industry’s growth over the forecast period.
The governments focus on the development of the country’s infrastructure under the France Development Program is expected to drive the industry’s growth, with construction output in real terms forecast to record a compound annual growth rate (CAGR) of 1.26% from 2017 to 2021.
Market Research Hubs Construction in France Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the French construction industry, including:
The French construction industry's growth prospects by market, project type and construction activity
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the French construction industry
Profiles of the leading operators in the French construction industry
This report provides a comprehensive analysis of the construction industry in France. It provides:
Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in France using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Detailed profiles of the leading construction companies in France
Reasons to Buy:
Identify and evaluate market opportunities using Market Research Hub’s standardized valuation and forecasting methodologies.
Assess market growth potential at a micro-level with over 600 time-series data forecasts.
Understand the latest industry and market trends.
Formulate and validate strategy using Market Research Hub’s critical and actionable insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.
Browse Full Report with TOC @ http://www.marketresearchhub.com/report/construction-in-france-key-trends-and-opportunities-to-2021-report.html
The residential construction sector is the largest, although its share will decline from 39.8% of the industry’s total value in 2016 to 38.9% in 2021. Market growth over the forecast period will be supported by rising residential building permits, low housing loan interest rate coupled with urbanization and population growth.
With an aim to maintain the quality of transport infrastructure, in 2016, the government announced plans to increase investment in the maintenance and modernization of road infrastructure and waterways by 50.0% until 2020.
The government is focusing on the development of airport infrastructure under the Connect 2020 program. Accordingly, in 2016, the government announced plans to invest EUR4.6 billion (US$5.1 billion) on the expansion of airport infrastructure by 2020.
The government increased industrial construction permits by 6.9% from 2015 to 2016, with an aim to develop new manufacturing plants in the country, which is expected to drive the growth of industrial construction market over the forecast period.
MRH expects the institutional market output to record a forecast-period CAGR of 2.68% in nominal terms, driven by the governments rising investment in education and healthcare. In the 2017 budget, the government increased its total budget allocation to the Ministry for Higher Education and Research, France by 3.7% compared with the 2016 budget.
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About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of construction market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients and customers.
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