The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn more17 pages, Jun 2017
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Construction industry’s turnover expected to slow over forecast period, advancing at a CAGR of 3.5% due to further cuts in infrastructure spending and government efforts to cool the property market. South Korean developers face accelerating operating costs, backed by rising wages and recovery in metal prices. Infrastructure development, however, loses momentum, following 6% cut in public spending for social infrastructure such as bridges and roads. Commercial construction climbs by 20% in monetary terms during 2016, fuelled by expansion of e-commerce, growing tourism, and positive office development. Local developers, egged-on by historic low interest rates and lifting of reconstruction regulations, record 4.2% surge in housing permits in 2016 . South Korean construction market remains on a firm footing in 2016, continuing growth for fourth consecutive year by 9.8%, driven by leap in value of residential construction works .
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
This Euromonitor industrial report provides unique data and analysis of Construction in South Korea: ISIC 45. With this industrial report, you’ll be able to explore in detail the entire industry from its sources of supply to its buyers.
The Construction in South Korea: ISIC 45 report includes:
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This industrial report originates from Passport our global market research database. Passport Industrial is a breakthrough economic research solution that analyses the industrial makeup of the largest economies in the world. It provides a strategic assessment of every industry and explains the complex relationships between them.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.