The Netherlands Construction Industry Expected To Recover and Register Positive Growth Over the Forecast Period (2017-2021)
Albany, New York, Sep 13, 2017: Market Research Hub (MRH) has included a new research report titled “Construction in The Netherlands Key Trends and Opportunities to 2021”, which provides detailed market analysis, information and insights into the Netherlands construction industry. The Netherlands construction industry's growth prospects by market, project type and construction activity.
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The Dutch construction industry registered a compounded annual growth rate (CAGR) of 2.48% in real terms during the review period (2012-2016). This growth was supported by the government and private sector investments in transport infrastructure, residential buildings and social infrastructure.
Market Research Hub expects the Dutch construction industry continue to expand in real terms over the forecast period (2017-2021), with investments in infrastructure construction, healthcare, the manufacturing industry, educational facilities and housing projects continuing to drive growth.
The governments focus on the development of the country’s infrastructure through the implementation of the Operational Program 2014-2020 and the National Reform Program (NRP) 2016 is expected to drive the industry’s growth over the forecast period, with construction output in real terms forecast to record a compound annual growth rate (CAGR) of 3.58% over the forecast period.
Market Research Hubs Construction in the Netherlands - Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the Dutch construction industry, including:
The Dutch construction industry's growth prospects by market, project type and construction activity
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Dutch construction industry
Profiles of the leading operators in the Dutch construction industry
This report provides a comprehensive analysis of the construction industry in the Netherlands. It provides:
Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in the Netherlands using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Detailed profiles of the leading construction companies in the Netherlands
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Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.
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Declining housing loan interest rates coupled with urbanization and population growth are expected to drive the predicted growth of the residential construction market. According to Market Research Hub, the residential construction is expected to remain as the largest market, 52.5% of the industrys total value in 2021.
According to Market Research Hub, the infrastructure construction market is set to grow over the forecast period, driven by the governments focus on the expansion of airports, roads, railway and seaports. In January 2017, the government announced plans to invest EUR5.9 billion (US$6.7 billion) to develop and maintain road and waterways infrastructure in the country.
To support economic development and growth, the government is investing in high speed internet network infrastructure across the country with plans announced in 2016 to invest EUR23.0 billion (US$25.4 billion) by 2020 in expanding the 5G network. This will support the growth of energy and utilities construction market over the forecast period.
In September 2016, the government announced the new Tax Plan 2017, with an aim to attract foreign companies into the country. Under the new tax plan, the government increased the minimum tax bracket of corporate income tax. According to Market Research Hub, the new tax plan is expected to attract more foreign manufacturing companies in the country, which lead investment in industrial construction market.
The government’s commitment to providing quality service in healthcare and education will support the growth of the institutional construction market over the forecast period. The government increased its healthcare spending by 1.8% in 2016 from EUR94.4 billion (US$104.8 billion) in 2015 to EUR96.1 billion (US$106.3 billion). Through this, government aims to develop adequate healthcare infrastructure for the population.
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