Retail Building Construction in the US:
Market Snapshot to 2014
Reference code: WMCN8793MS
Published: May-2010
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Retail Building Construction in the US: 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 .................................................................................................................................... 9
3.3 About World Market Intelligence ................................................................................................................... 10
Retail Building Construction in the US: Market Snapshot to 2014 Published May 2010
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List of Tables
Table 1: Retail Building Construction in the US, Market Value - US$ Million, 2005-2009 ................................................ 5
Table 2: Retail Building Construction in the US, Market Segmentation by Project Type, US$ Million, 2009 ..................... 6
Table 3: Retail Building Construction in the US, Market Forecast - US$ Million, 2009-2014............................................ 7
Table 4: Retail Building Construction in the US, Market Segmentation by Project, US$ Million, 2014 ............................. 8
List of Figures
Figure 1: Retail Building Construction in the US, Market Value - US$ Million, 2005-2009 ............................................... 5
Figure 2: Retail Building Construction in the US, Market Segmentation by Project Type, % Share, 2009 ........................ 6
Figure 3: Retail Building Construction in the US, Market Forecast - US$ Million, 2009-2014 .......................................... 7
Figure 4: Retail Building Construction in the US, Market Segmentation by Project, % Share, 2014 ................................ 8
Retail Building Construction in the US: Market Snapshot to 2014 Published May 2010
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1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate of 1.93% between 2005-2009, the retail buildings construction
sector in the US reached a value of US$40626.03 million in 2009, which represented a decrease of 0.36% on 2008. The
market achieved its strongest performance in 2007 when it expanded by 9.99% and its weakest performance in 2008,
when it fell by 7.22%.
In comparison, the fastest growing construction sector of the commercial construction market between 2005-2009 was
leisure & hospitality buildings which achieved a CAGR of 32.10%. The retail buildings construction sector was the
weakest in the commercial construction market between 2005-2009 and achieved a CAGR of 1.93%.
By 2009, the retail buildings accounted for 18.07% of the commercial construction. In comparison, office buildings
represented 33.58% while other commercial construction generated a further 19.98% of the market's 2009 share.
Looking ahead, the retail buildings market is expected to decline at a CARC of 7.12% between 2009-2014, reaching a
value of US$ 28086.41 million in 2014. This represents total decline of 25.38% since 2005 and 30.87% since 2009.
In comparison, the fastest growing construction sector of the commercial construction market between 2009-2014 is
forecast to be leisure & hospitality buildings, which is expected to achieve a CAGR of 7.72%. The office buildings
construction sector is expected to be the weakest in the commercial construction market between 2009-2014 and
achieve a CAGR of 0.09%.
By 2014, the retail buildings is forecast to account for 12.91% of the commercial construction. In comparison, office
buildings is predicted to account for 34.86%, while leisure & hospitality buildings is expected to generate a further
27.59% of the market's 2014 share.
Retail Building Construction in the US: Market Snapshot to 2014 Published May 2010
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2 MARKET DATA
2.1 Market Value 2005-2009
Retail buildings sector in the US was valued at US$ 40626.03 million in 2009; a decrease of 0.36% in 2008. The sector
achieved a CAGR of 1.93%.
Table 1: Retail Building Construction in the US, Market Value - US$ Million, 2005-2009
Year US$ Million % Growth
2005 37636.89
2006 39953.65 6.16%
2007 43945.16 9.99%
2008 40772.16 -7.22%
2009 40626.03 -0.36%
CAGR 2005-2009 1.93%
Source: World Market Intelligence Analysis © World Market Intelligence
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