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Restaurant Construction in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Restaurant Construction Market Research Report | Specialist Engineering, Infrastructure & Contractors | Commercial & Institutional Buildings | Mar 2015

Dining out: After a big dip, renewed demand and low interest rates will spur growth

The Restaurant Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 10-15
8.8%
Annual Growth 15-20
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Profit
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Employment
94,643
Businesses
847
Industry Analysis & Industry Trends

The Restaurant Construction industry experienced vastly improved conditions over the five years to 2015. Decreased unemployment and improved disposable income during the recovery period resulted in a greater number of consumers increasing their discretionary expenditures, with restaurant spending growing nominally in each year over the time period. With increased consumer spending and moderately looser credit conditions, restaurants were able to address their previously deferred expansion and remodeling plans and began entering the industry. In the coming years, the industry is expected to continue to gain strength, albeit at a slower and more sustainable rate.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Restaurant Construction industry is in the mature stage of its industry life cycle. In the 10 years to 2020, industry value added which measures the industry's contribution to the overall economy, is forecast to grow at an average annual rate of 4.8%. By contrast, GDP is projected to rise at an annualized rate of 2.5% over the same time period. Typically, an industry is said to be in its growth stage when IVA growth outpaces that of the overall economy. In this case, however, the boom and bust cycle characteristic of the real estate market can account for this high growth. Over the five years to 2015, IVA grew an average annualized rate of 6.1%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Restaurant Construction Industry?

This industry includes operators that engage in new work, additions and reconstruction projects for food service establishments. These include commercial construction projects for fast food restaurants, single-location restaurants, chain restaurants and bars with full food services.

Industry Products
Design, bid, build contractsDesign-build contractsRemodels, alterations and additions
 
Industry Activities
Addition, alteration and renovation workFast food restaurant constructionSingle-location restaurant constructionChain restaurant constructionBars and pubs with full food service construction


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