Religious Building Construction in Philippines Market Snapshot to 2014 by WMIntelligence

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WMI's Religious Building Construction in Philippines Market Snapshot to 2014 is the easiest way to find the headline figures for the religious building construction sector in Philippines. The report contains historical and forecast market values for the religious building construction in Philippines as well as the sectors percentage share of the overall category in which it is classified.

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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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									Religious Building Construction in
Philippines: Market Snapshot to 2014

Reference code: WMCN9658MS
Published: May-2010




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Religious Building Construction in Philippines: Market Snapshot to 2014                                       Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 1
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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 Philippines: 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 Philippines, Market Value - US$ Million, 2005-2009 ....................................... 5

Table 2: Religious Building Construction in Philippines, Market Segmentation by Project Type, US$ Million, 2009 .......... 6

Table 3: Religious Building Construction in Philippines, Market Forecast - US$ Million, 2009-2014 .................................. 7

Table 4: Religious Building Construction in Philippines, Market Segmentation by Project, US$ Million, 2014 ................... 8



List of Figures

Figure 1: Religious Building Construction in Philippines, Market Value - US$ Million, 2005-2009 ...................................... 5

Figure 2: Religious Building Construction in Philippines, Market Segmentation by Project Type, % Share, 2009 ............. 6

Figure 3: Religious Building Construction in Philippines, Market Forecast - US$ Million, 2009-2014 ................................. 7

Figure 4: Religious Building Construction in Philippines, Market Segmentation by Project, % Share, 2014 ...................... 8




Religious Building Construction in Philippines: 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 -2.49% between 2005-2009, the religious buildings
construction sector in Philippines reached a value of US$8.35 million in 2009, which represented an increase of 0.65%
on 2008. The market achieved its strongest performance in 2007 when it expanded by 120.00% and its weakest
performance in 2008, when it fell by 60.13%.

In comparison, the fastest growing construction sector of the institutional construction market between 2005-2009 was
institutional buildings which achieved a CAGR of 4.24%. The religious buildings construction sector was the weakest in
the institutional construction market between 2005-2009 and declined a CARC of 2.49%.

By 2009, the religious buildings accounted for 4.29% of the institutional construction. In comparison, educational
buildings represented 44.34% while healthcare buildings generated a further 36.35% of the market's 2009 share.

Looking ahead, the religious buildings market is expected to expand at a CAGR of 0.65% between 2009-2014, reaching
a value of US$ 8.62 million in 2014. This represents total decline of 6.62% since 2005 and 3.30% since 2009.

In comparison, the fastest growing construction sector of the institutional construction market between 2009-2014 is
forecast to be institutional buildings, which is expected to achieve a CAGR of 7.27%. The religious buildings
construction sector is expected to be the weakest in the institutional construction market between 2009-2014 and
achieve a CAGR of 0.65%.

By 2014, the religious buildings is forecast to account for 3.58% of the institutional construction. In comparison,
healthcare buildings is predicted to account for 41.61%, while educational buildings is expected to generate a further
38.57% of the market's 2014 share.




Religious Building Construction in Philippines: 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 Philippines was valued at US$ 8.35 million in 2009; an increase of 0.65% on 2008. The
sector observed CARC of -2.49%.


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

Year                                                                                            US$ Million                                % Growth
2005                                                                                                  9.24
2006                                                                                                  9.46                                     2.4%
2007                                                                                                 20.81                                   120.0%
2008                                                                                                  8.30                                   -60.1%
2009                                                                                                  8.35                                     0.6%

                                                                                        CAGR 2005-2009                                       -2.49%

Source: World Market Intelligence Analysis                                          
								
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