Albany, NY -- (SBWIRE) -- 04/12/2016 -- The construction market in the Philippines to grow at a CAGR of 14.86% over the period 2014-2019. The Philippines is home to a population of 98.39 million, growing at the rate of 1.7% per annum. Such a growing population demands high-quality residential and infrastructure development. To cater to this need, the Government of the Philippines is investing profusely in the development of infrastructure in the country. The construction market in the Philippines is one of the well-established market in Southeast Asia and is popular as one of the favorite investment destination among global investors. The construction market in the Philippines is one of the few open markets in the world. The use of innovative and sustainable practices in construction coupled with the steady demand for public infrastructure and residential development are attributed to the growth of the market.

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This report covers the present scenario and growth prospects of the construction market in the Philippines for the period 2015-2019. To calculate the market size, the report considers the GDP of the Philippines and the contribution of construction investment to the GDP in the country. A detailed segmentation of the construction market in the Philippines by sector is also provided. The report forecasts investment in the infrastructure, residential, and non-residential construction sectors in the Philippines during the period 2015-2019.

TechNavio's report, Construction Market in the Philippines 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
- Ayala Land
- EEI
- Megaworld
- Philippines National Construction

Other Prominent Vendors
- Century Properties Group
- Robinsons Land
- Rockwell Land

Market Driver
- Large-scale reconstruction operations
- For a full, detailed list, view our report

Market Challenge
- Shortage of housing units
- For a full, detailed list, view our report

Market Trend
- Development of airport infrastructure
- For a full, detailed list, view our report

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Key Questions Answered in this Report:

- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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