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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 | Feb 2013

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

IBISWorld’s Restaurant Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 08-13
-6.9%
Annual Growth 13-18
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Profit
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Employment
7,749
Businesses
779
Industry Analysis & Industry Trends

Like the rest of the construction sector, restaurant construction took a huge dive during the recession as real estate markets crashed. Credit conditions and disposable income levels were dire. Lagging behind the overall economy, the industry began to rebound in 2012. Continued recovery is expected over the next five years, and low interest rates will favor growth.... purchase to read more

Industry Report - Industry Analysis Chapter

The Restaurant Construction industry has faced challenging conditions over the past five years. As the economy entered into its worst downturn since the Great Depression, consumer spending on nonessential items such as dining out declined sharply. Consequently, restaurants shelved expansion plans and delayed openings, resulting in a sharp decrease in demand for construction contractors specializing in restaurants. Overall, in the five years to 2013, revenue for the Restaurant Construction industry is estimated to decline at an annualized rate of 6.9% to $3.7 billion. However, in 2012 the industry turned the corner, recording double-digit growth as the industry recovered from its extremely low base during the recession and slow recovery period... 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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