Office Building Construction in Mexico: Market Snapshot to 2014 by WMIntelligence

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									Office Building Construction in Mexico:
Market Snapshot to 2014

Reference code: WMCN8663MS
Published: Sep 2010




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Office Building Construction in Mexico: Market Snapshot to 2014                                               Published Sep 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 .......................................................................................................................................... 9
3.3     About World Market Intelligence ........................................................................................................................ 10




Office Building Construction in Mexico: Market Snapshot to 2014                                                                                         Published Sep 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: Office Building Construction in Mexico, Market Value - US$ Million, 2005-2009 .................................................. 5

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

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

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



List of Figures

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

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

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

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




Office Building Construction in Mexico: Market Snapshot to 2014                                                     Published Sep 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 8.69% between 2005-2009, the office buildings construction
sector in Mexico reached a value of US$457.97 million in 2009, which represented a decrease of 19.23% on 2008. The
market achieved its strongest performance in 2006 when it expanded by 26.83% and its weakest performance in 2009,
when it fell by 19.23%.

In comparison, the fastest growing construction sector of the commercial construction market between 2005-2009 was
the leisure & hospitality buildings construction sector, which achieved a CAGR of 23.12%. The weakest performer was
retail buildings, which only observed a CARC of 4.21%

By 2009, the office buildings accounted for 33.58% of the commercial construction. In comparison, other commercial
construction represented 19.98% while leisure & hospitality buildings generated a further 18.41% of the market's 2009
share.

Looking ahead, the office buildings market is expected to expand at a CAGR of 6.43% between 2009-2014, reaching a
value of US$ 625.37 million in 2014. This represents total growth of 90.55% since 2005 and 36.55% since 2009.

In comparison, the fastest growing construction sector of the commercial construction market between 2009-2014 is
expected to be leisure & hospitality buildings, which is predicted to achieve a CAGR of 14.54%. The weakest performer
is expected to be retail buildings, which is forecast to only observe a CARC of 1.23%.

By 2014, the office buildings is forecast to account for 34.86% of the commercial construction. In comparison, leisure &
hospitality buildings is predicted to account for 27.59%, while other commercial construction is expected to generate a
further 15.77% of the market's 2014 share.




Office Building Construction in Mexico: Market Snapshot to 2014                                               Published Sep 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

Office buildings sector in Mexico was valued at US$ 457.97 million in 2009; a decrease of 19.23% on 2008. The sector
achieved a CAGR of 8.69%.


Table 1: Office Building Construction in Mexico, Market Value - US$ Million, 2005-2009

Year                                                                                            US$ Million                                 % Growth
2005                                                                                                328.20
2006                                                                                                416.26                                    26.83%
2007                                                                                                494.94                                    18.90%
2008                                                                                                566.99                                    14.56%
2009                                                                                                457.97                                   -19.23%

                                                                         
								
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