Religious Building Construction in South Korea to 2015: Market Snapshot

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					Religious Building Construction in South
Korea to 2015: Market Snapshot


Reference code: CN1294MS
Published: April 2011




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TABLE OF CONTENTS




TABLE OF CONTENTS

1      SECTOR OVERVIEW ............................................................................................................. 5
2      MARKET DATA ...................................................................................................................... 6
    2.1 Market Value 2006-10 ...................................................................................................................... 6
    2.2 Market Segmentation, By Category Type, 2010 ............................................................................... 7
    2.3 Market Value Forecast 2010-15 ....................................................................................................... 8
    2.4 Future Market Segmentation, By Category Type, 2015 .................................................................... 9
3      APPENDIX ............................................................................................................................ 10
    3.1 Research Methodology ...................................................................................................................10
    3.2 Definitions .......................................................................................................................................10
        3.2.1     Additional Notes ........................................................................................................................................ 11
    3.3 About World Market Intelligence......................................................................................................11




Religious Building Construction in South Korea to 2015: Market Snapshot                                                                                 Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                            Page 2
TABLE OF CONTENTS




LIST OF TABLES
Table 1: Religious Building Construction in South Korea, Market Value (US$ m), 2006-10 ...........................................................6
Table 2: Religious Building Construction in South Korea, Market Segmentation, By Category Type, 2010 ...................................7
Table 3: Religious Building Construction in South Korea, Market Value Forecast (US$ m), 2010-15.............................................8
Table 4: Religious Building Construction in South Korea, Market Segmentation Forecast, By Category Type, 2015.....................9




Religious Building Construction in South Korea to 2015: Market Snapshot                                                           Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                    Page 3
TABLE OF CONTENTS




LIST OF FIGURES
Figure 1: Religious Building Construction in South Korea, Market Value (US$ m), 2006-10 ..........................................................6
Figure 2: Religious Building Construction in South Korea, Market Segmentation, By Category Type, 2010 ..................................7
Figure 3: Religious Building Construction in South Korea, Market Value Forecast (US$ m), 2010-15 ...........................................8
Figure 4: Religious Building Construction in South Korea, Market Segmentation Forecast, By Category Type, 2015 ...................9




Religious Building Construction in South Korea to 2015: Market Snapshot                                                           Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                    Page 4
SECTOR OVERVIEW




1 SECTOR OVERVIEW

Following expansion at a negative compound annual growth rate (negative CAGR) of -3.94% between 2006-10, the
religious buildings in South Korea reached a value of US$1,144.0 million in 2010, which represented a decrease of
-1.7% on 2009. The market achieved its strongest performance in 2007 with a growth of 15.0% over its previous
year and its weakest performance was witnessed in 2008, when it fell to -26.2% over 2007.

In comparison, the fastest growing construction sector of the institutional construction market between 2006-10 was
research facilities which achieved a CAGR of 3.12%. The religious buildings was the weakest construction sector in
the institutional construction market between 2006-10 which observed a negative CAGR of -3.94%.

By 2010, the religious buildings accounted for 9.8% of the institutional construction market. In comparison,
educational buildings represented 38.6% share, while institutional buildings generated a further 26.7% of the
market's 2010 share.

Looking ahead, the religious buildings is expected to expand at a CAGR of 3.52% between 2010-15, reaching a
value of US$1,359.8 million in 2015. This represents a total growth of 1.2% from 2006 and 18.9% from 2010.

In comparison, the fastest growing construction sector of the institutional construction market between 2010-15 is
forecast to be educational buildings, which is expected to achieve a CAGR of 5.11%. The religious buildings sector
is expected to be the weakest in the institutional construction market between 2010-15 and achieve a CAGR of
3.52%.

By 2015, the religious buildings is forecast to account for 9.4% of the institutional construction market. In
comparison, educational buildings is predicted to account for 39.8%, while institutional buildings is expected to
generate a further 25.9% of the market's 2015 share.




Religious Building Construction in South Korea to 2015: Market Snapshot                                  Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                         Page 5
MARKET DATA




2 MARKET DATA
2.1 Market Value 2006-10

      Religious buildings sector in South Korea was valued at US$1,144.0 million in 2010, a decline of -1.7% on
      2009. The sector observed a negative CAGR of -3.94% over the period 2006-10.


       Table 1: Religious Building Construction in South Korea, Market Value (US$ m), 2006-10

       Year                                                                                         US$ Million                                   %
				
DOCUMENT INFO
Description: This report is the result of WMI’s extensive market research covering the Religious Building Construction in South Korea. It provides detailed historic and forecast sales value, segmented at market level. Religious Building Construction in South Korea to 2015: Market Snapshot provides a top-level overview and detailed insight into the operating environment of the Construction industry in South Korea. It is an essential tool for companies active across South Korea Construction value chain and for new players considering entering the market.
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