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Building Completion & Finishing in Iceland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

IS-F433 March 2024 Factsheet

Revenue

€205.7m

2019-2024 10.0 %
2024-2029 X.X %

Employees

2,605

2019-2024 3.1 %
2024-2029 X.X %

Businesses

1,727

2019-2024 3.0 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 XX.X %
2024-2029 X.X %

Building Completion & Finishing in Iceland market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Iceland compared to Europe?

Country Benchmarking

Industry Data Iceland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#34 In Europe
Business
#33 In Europe
Employees
#34 In Europe
Wages
#26 In Europe

The Building Completion & Finishing in Iceland ranks 34 in Europe with regards to its 2024 revenue (€205.7m). Revenue received by operators in Iceland has been low in volatility over the past five-year period, with the average annual change in revenue (10.0 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Building Completion & Finishing industry in Iceland in 2024?

The market size of the Building Completion & Finishing industry in Iceland is €205.7m in 2024.

How many businesses are there in the Building Completion & Finishing in Iceland industry in 2024?

There are 1,727 businesses in the Building Completion & Finishing industry in Iceland, which has grown at a CAGR of 3.0 % between 2019 and 2024.

Has the Building Completion & Finishing industry in Iceland grown or declined over the past 5 years?

The market size of the Building Completion & Finishing industry in Iceland has been declining at a CAGR of 10.0 % between 2019 and 2024.

What is the forecast growth of the Building Completion & Finishing industry in Iceland over the next 5 years?

Over the next five years, the Building Completion & Finishing industry in Iceland is expected to grow.

What does the Building Completion & Finishing in Iceland include?

Plastering and Joinery Installation are part of the Building Completion & Finishing industry.

How competitive is the Building Completion & Finishing industry in Iceland?

The level of competition is moderate and steady in the Building Completion & Finishing industry in Iceland.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Industry contractors perform construction services in a variety of trades, encompassing work that finishes a building including plastering, joinery installation, floor and wall covering, painting and glazing. This includes work on new projects, renovations, maintenance and repairs to existing structures.

What's included in this industry?

PlasteringJoinery InstallationFloor and Wall CoveringPainting and Glazing

Industry Code

ISIC 2006

433 - Building completion and finishing in Iceland

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Building Completion & Finishing in Iceland
  • Employees in the Building Completion & Finishing in Iceland
  • Business in the Building Completion & Finishing in Iceland
  • Profit in the Building Completion & Finishing in Iceland

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Contractors must adhere to safety and building regulations. Stringent building regulations must be followed to ensure that buildings are completed in line with relevant standards stipulated by government bodies.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Building Completion & Finishing in Iceland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Owner-operated businesses inflate profitability. Many owner-operators draw remuneration from a share of profit rather than taking a conventional wage.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Building Completion & Finishing in Iceland industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.