£20.8bn
£X.Xbn
102k
19,676
£X.Xbn
Various economic events have spurred a degree of instability in the UK economy in recent years, with economic fluctuations dictating the fortunes of commercial building contractors. Market uncertainties spurred a reluctance among private investors to dedicate significant spending towards capital ventures, weighing on lead generation. Heightened economic disruption has spurred greater volatility since COVID-19, with investors lacking the capital and incentive for commercial expansion. Revenue is slated to fall at a compound annual rate of 1.4% to £20.8 billion over the five years through 2024-25.
Industry revenue has declined at a CAGR of 1.4 % over the past five years, to reach an estimated £20.8bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Kier Construction Limited | 1,442.5 | |
Morgan Sindall Group plc | 966.6 | |
Balfour Beatty Group Ltd | 793.8 |
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Industry revenue is measured across several distinct product and services lines, including Educational , Offices and Industrial. Educational is the largest segment of the Commercial Building Construction in the UK.
Office construction remains hindered by people working from home and sector-wide challenges
This industry consists of firms that construct non-residential buildings to sell on their own account or on a fee or contract basis. This includes schools, hospitals, stores and airport buildings. The assembly and erection of prefabricated buildings are also covered. Repairs and maintenance are also included in the industry. Part or all of the construction process may be outsourced.
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SIC 41.20/1 - Commercial Building Construction in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Public frameworks drive pandemic recovery. Public sector frameworks emerged as a primary source of demand for construction during COVID-19, easing the hit from the private se...
Learn about an industry's products and services, markets and trends in international trade.
Public funds buffer education-building construction. Government-financed initiatives, like the Priority School Building Programme and School Rebuilding Programme, have trigge...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
London dominates as the UK's construction epicentre. London's status as a global commercial hub invites significant real estate investment, with the local construction sector...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Small contractors dominate. This industry primarily comprises small-scale contractors who often collaborate with bigger companies for their expertise and reputation.
Learn about the performance of the top companies in the industry.
Frameworks power Kier Construction's performance. The Manchester-based contractor leverages frameworks for procurement, securing access to over £3 billion worth of opportunit...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The UK government boosts construction sector demand. The government invigorates the commercial construction industry with capital procurement schemes like the ProCure23 and t...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Cost hikes have weighed on profitability. Soaring material costs have created a challenging business environment for many construction contractors.
Including values and annual change:
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Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Commercial Building Construction in the UK industry in United Kingdom is £20.8bn in 2024.
There are 19,676 businesses in the Commercial Building Construction in the UK industry in United Kingdom, which has grown at a CAGR of 4.8 % between 2019 and 2024.
The market size of the Commercial Building Construction in the UK industry in United Kingdom has been declining at a CAGR of 1.4 % between 2019 and 2024.
Over the next five years, the Commercial Building Construction in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Commercial Building Construction market in United Kingdom are Kier Construction Limited, Morgan Sindall Group plc and Balfour Beatty Group Ltd
Recreational and Healthcare are part of the Commercial Building Construction in the UK industry.
The company holding the most market share in United Kingdom is Kier Construction Limited.
The level of competition is high and steady in the Commercial Building Construction in the UK industry in United Kingdom.