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Synopsis
This report provides detailed market analysis, information and insights into the Kuwait construction market, including:
The Kuwait construction markets growth prospects by sector, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Kuwait
Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Kuwait construction market
Assessment of the competitive forces facing the construction industry in Kuwait and profiles of the leading players
Profiles of the ten largest construction projects in Kuwait
Summary
The Kuwaiti construction industry increased in value at a compounded annual growth rate (CAGR) of 1% during the review period of 20072011. This slow CAGR was a result of the 2009 economic crisis, which led the construction industry to shrink at a rate of 9.8% in the same year. In the pre-recession years, the construction industry in Kuwait was active, driven by the governments diversification initiatives and several investment programs for infrastructure development. The construction industrys growth of 17.6% in 2007 remained the highest yearly growth recorded during the review period. Diversification of the economy attracted investment in the industrial and commercial markets, resulting in an increased level of construction activity. Commercial and industrial construction were the main two categories demonstrating significant activity. The continuing diversification of the economy is expected to result in these two categories supporting growth in the Kuwaiti construction industry over the forecast period.
Scope
This report provides a comprehensive analysis of the construction industry in Kuwait:
Historical (2007-2011) and forecast (2012-2016) valuations of the construction market in Kuwait using the construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
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)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Assessment of the competitive environment using Porters Five Forces
Detailed profiles of the leading construction companies in Kuwait
Profiles of the top ten construction mega-projects in Kuwait by value
Reasons To Buy
Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level via 600+ time series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies by leveraging our critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors
Key Highlights
To reduce economic dependence on oil, the government started investing in other sectors such as education, infrastructure and manufacturing, which is influencing construction activity in the country and is acting as a catalyst for the Kuwaiti construction industry.
Kuwait is experiencing shortages in the institutional construction market as a result of the governments failure to invest in healthcare facilities since the 1980s. As a consequence, there are opportunities in the healthcare construction market.
The infrastructure market constituted a 48.1% share and contributed the largest value of the total Kuwait construction industry in 2011. Residential and commercial markets followed it with shares of 22.2% and 17.4% respectively.
The governments plan for diversification is expected to encourage more private investment which will drive the construction industry in Kuwait to record a CAGR of 7.45% over the forecast period.
Original Post Construction in Kuwait Key Trends and Opportunities to 2016 source Researchmoz Market Research
Kuwait Reports
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