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China Construction Decoration Industry Forecast to Grow at 15.78% CAGR to Reach RMB4.64 Trillion in 2016

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Sep 3 2013

Research and Markets has announced the addition of the "China Construction Decoration Industry Report, 2013-2016" report to their offering.

As is predicted in China Construction Decoration Industry Report, 2013-2016, total engineering output value of China construction decoration industry will reach RMB4.64 trillion in 2016, with a CAGR of 15.78% during 2013-2016.

Construction decoration industry divides into public construction decoration sector (including building curtain wall), residential decoration sector and building curtain wall sector. By the end of 2012, there had been a total of 142,000 players in this industry in China, with total engineering output value registering RMB2.63 trillion, up 11.91% YOY. The construction decoration industry of China characterizes large market size but low concentration. In 2011, total engineering output value of top 100 enterprises footed up to RMB141.3 billion, sharing only 6.01% of the total.

Seen from market segments, total engineering output value of China public construction decoration sector increased from RMB410 billion in 2005 to RMB1.41 trillion in 2012, with the CAGR of 19.30%. Among that, the engineering value of building curtain wall sector grew from RMB55 billion (sharing 5.50%) to RMB220 billion (holding 8.37%), with the CAGR of 21.90%,

Total engineering output value of China residential decoration sector rose from RMB590 billion in 2005 to RMB1.22 trillion in 2012, with the CAGR of 10.94%, but its proportion in the total engineering output value of construction decoration industry dropped down, from 59.0% to 46.39%.

In 2011-2013, to improve utilization of resources and reduce costs, local governments (like Guangdong, Anhui, Beijing, Shanghai, etc.) continued to enact policies to encourage the real estate to make fine decoration for commodity housing. For example, in Apr. 2013, full decoration of commodity housing policy is carried out through Sichuan Province. The fine decoration proportion of newly-built commercial housing is hopefully to be higher than 60% in the upcoming five years.

Key Topics Covered:

1. Macro-economic Environment in China, 2011-2013

2 Overview of Construction Decoration Industry

3 Operation of Upstream and Downstream Sectors

4 Market Operation of Construction Decoration Industry

5 Public Construction Decoration

6 Residential Decoration

7 Competition Pattern

8 Major Companies in Construction Decoration Industry

8.1 Suzhou Gold Mantis Construction Decoration Co., Ltd.

8.2 Zhejiang Yasha Decoration Co., Ltd

8.3 Shenzhen Grandland Decoration Group Co., Ltd