Construction in Colombia
Construction in Colombia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Colombia
- 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 Colombia construction market with five year forecasts
Essential resource for top-line data and analysis covering the Colombia construction market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the Colombia construction market by value in 2016?
- What will be the size of the Colombia construction market in 2021?
- What factors are affecting the strength of competition in the Colombia construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Colombia's construction market?
The construction industry is defined as the value of work put in place annually in the residential, non-residential, and civil engineering segments. The residential segment covers houses, dwellings, and similar work. The non-residential segment covers commercial, industrial, social, and similar work. Civil engineering covers infrastructure for transportation, telecommunications, energy, and other purposes.
The Colombian Construction industry is expected to generate total revenues of $44.1bn in 2016, representing a compound annual growth rate (CAGR) of 10.2% between 2012 and 2016.
The residential segment is expected to be the industry's most lucrative in 2016, with total revenues of $17.2bn, equivalent to 38.9% of the industry's overall value.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 11.1% for the five-year period 2016 - 2021, which is expected to drive the industry to a value of $74.6bn by the end of 2021.
Market value forecast
Market value forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
The Techint Group
Related MarketLine research
Figure 1: Colombia construction industry value: $ billion, 2012-16(e)
Figure 2: Colombia construction industry category segmentation: % share, by value, 2016(e)
Figure 3: Colombia construction industry geography segmentation: % share, by value, 2016(e)
Figure 4: Colombia construction industry value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the construction industry in Colombia, 2016
Figure 6: Drivers of buyer power in the construction industry in Colombia, 2016
Figure 7: Drivers of supplier power in the construction industry in Colombia, 2016
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Colombia, 2016
Figure 9: Factors influencing the threat of substitutes in the construction industry in Colombia, 2016
Figure 10: Drivers of degree of rivalry in the construction industry in Colombia, 2016
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.