Religious Building Construction in China Market Snapshot to 2014

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					Religious Building Construction in China:
Market Snapshot to 2014

Reference code: WMCN9636MS
Published: May-2010




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Religious Building Construction in China: Market Snapshot to 2014                                             Published May 2010
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1     SECTOR OVERVIEW ............................................................................................................. 4
2     MARKET DATA ...................................................................................................................... 5
2.1     Market Value 2005-2009 ................................................................................................................................ 5
2.2     Market Segmentation, By Project Type, 2009 ................................................................................................. 6
2.3     Market Value Forecast, 2009-2014 ................................................................................................................. 7
2.4     Future Market Segmentation, By Project Type, 2009-2014 ............................................................................. 8
3     APPENDIX .............................................................................................................................. 9
3.1     Research Methodology ................................................................................................................................... 9
3.2     Definitions ...................................................................................................................................................... 9
      3.2.1     Additional Notes .................................................................................................................................. 10
3.3     About World Market Intelligence ................................................................................................................... 10




Religious Building Construction in China: Market Snapshot to 2014                                                                                 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                          Page 2
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List of Tables

Table 1: Religious Building Construction in China, Market Value - US$ Million, 2005-2009 ............................................ 5
Table 2: Religious Building Construction in China, Market Segmentation by Project Type, US$ Million, 2009 ................. 6
Table 3: Religious Building Construction in China, Market Forecast - US$ Million, 2009-2014 ........................................ 7
Table 4: Religious Building Construction in China, Market Segmentation by Project, US$ Million, 2014 ......................... 8


List of Figures

Figure 1: Religious Building Construction in China, Market Value - US$ Million, 2005-2009 ........................................... 5
Figure 2: Religious Building Construction in China, Market Segmentation by Project Type, % Share, 2009 .................... 6

Figure 3: Religious Building Construction in China, Market Forecast - US$ Million, 2009-2014....................................... 7
Figure 4: Religious Building Construction in China, Market Segmentation by Project, % Share, 2014............................. 8




Religious Building Construction in China: Market Snapshot to 2014                                               Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                    Page 3
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1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate of 2.87% between 2005-2009, the religious buildings
construction sector in China reached a value of US$1136.57 million in 2009, which represented an increase of 1.82% on
2008. The market achieved its strongest performance in 2007 when it expanded by 4.37% and its weakest performance
in 2009, when it grew by 1.82%.

In comparison, the fastest growing construction sector of the institutional construction market between 2005-2009 was
healthcare buildings which achieved a CAGR of 23.49%. The religious buildings construction sector was the weakest in
the institutional construction market between 2005-2009 and achieved a CAGR of 2.87%.

By 2009, the religious buildings accounted for 3.78% of the institutional construction. In comparison, educational
buildings represented 55.67% while healthcare buildings generated a further 29.97% of the market's 2009 share.

Looking ahead, the religious buildings market is expected to expand at a CAGR of 1.44% between 2009-2014, reaching
a value of US$ 1220.86 million in 2014. This represents total growth of 20.30% since 2005 and 7.42% since 2009.

In comparison, the fastest growing construction sector of the institutional construction market between 2009-2014 is
forecast to be healthcare buildings, which is expected to achieve a CAGR of 12.68%. The institutional buildings
construction sector is expected to be the weakest in the institutional construction market between 2009-2014 and
achieve a CAGR of 11.76%.

By 2014, the religious buildings is forecast to account for 2.74% of the institutional construction. In comparison,
educational buildings is predicted to account for 48.87%, while healthcare buildings is expected to generate a further
36.68% of the market's 2014 share.




Religious Building Construction in China: Market Snapshot to 2014                                             Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 4
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2 MARKET DATA
2.1 Market Value 2005-2009

Religious buildings sector in China was valued at US$ 1136.57 million in 2009; an increase of 1.82% on 2008. The
sector achieved a CAGR of 2.87%.


Table 1: Religious Building Construction in China, Market Value - US$ Million, 2005-2009

Year                                                                                             US$ Million                                       % Growth
2005                                                                                                1014.86
2006                                                                                                1049.25                                           3.39%
2007                                                                                                1095.10                                           4.37%
2008                                                                                                1116.28                                           1.93%
2009                                                                                                1136.57                                           1.82%

                                                                                        CAGR 2005-2009                                              2.87%%

Source: World Market Intelligence Analysis    
				
DOCUMENT INFO
Description: WMI's Religious Building Construction in China Market Snapshot to 2014 is the easiest way to find the headline figures for the sector. The report contains historical and forecast market values for the religious building sector in China as well as the segments percentage share of the overall category in which it is classified. Who should buy this report? This report is aimed at those who want just data and figures without analysis. It does not contain the analysis which can be found in our more comprehensive Databook or Market Intelligence reports.
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