Over the past five years, industry revenue has been increasing at an annualized rate of 6.9% to $599.0 billion in 2017. The high growth was largely due to upstream building construction growth, the wide expansion of interior design enterprises through combination of online and offline promotion and consideration of customers' experience.Household and public building completion and decoration services are the industry's major service segments, with curtain wall decoration accounting for only a small proportion of industry revenue. Design services are a relatively new revenue source for the industry.The Building Completion and Interior Design industry is expected to experience rapid growth over the next five years, with revenue growing 2.9% annually to $691.7...purchase to read more.

Industry Report - Industry Investment Chapter

For every dollar spent on labor (wages and management expenses), about 7 cents are invested in capital. A skilled workforce is crucial for companies in this industry, as most tasks during the building completion and decoration process require experienced workers. Also, the quality of services is closely related to the skills and experience of a company's workers. As a result, the proportion of total wages to industry revenue is larger compared with many other industries in China. However, average wage per person is still low when compared with developed countries.Companies in the industry have to purchase items needed before the project construction begins, receiving revenue upon the completion of the project. As ...purchase to read more.

Additional Insights for the Building Completion & Interior Design Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Building Completion & Interior Design Industry are

  • Ability to compete on tender
  • Having a good reputation
  • Provision of a related range of goods/services (one-stop shop)
  • IBISWorld analysts also discuss how external factors such as Industry Growth - Construction and Household Disposable Income in the Building Completion & Interior Design industry impact industry performance..

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    What's in this report

    What is the Building Completion & Interior Design Industry?

    Firms within the Building Completion and Interior Design industry in China offer finishing services to outfit and decorate new buildings, both public and private, or to renovate established buildings. This includes the installation of kitchens, bathrooms, toilets and curtain walls, as well as providing other services, such as tiling, painting, wallpapering, carpeting, laying floorboards, lighting installation and landscaping. Many companies also offer design services.

    Industry Products
  • Household decoration
  • Public building decoration
  • Curtain wall decoration
  • Others
  • Industry Activities
  • Household decoration and completion services
  • Public building decoration and completion services
  • Curtain wall decoration
  • Interior design, decoration and completion services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industry Growth - Construction
  • Household Disposable Income
  • Domestic Goods Prices
  • Household Expenditure - by Category
  • Economic Indicators - House Price Index
  • Number of Households

  • Current Performance
    Industry performanceEnterprises and establishmentsIndustry employment and total wages
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Building Completion & Interior Design Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Building Completion & Interior Design Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Hotels
  • Households
  • Residential Real Estate
  • Commercial Real Estate

  • Key Selling Industries
  • Metal Furniture Manufacturing
  • Paint Manufacturing
  • Wood Furniture Manufacturing

  • Products & Services
  • Household decoration
  • Public building decoration
  • Curtain wall decoration
  • Others
  • Chart: Building Completion & Interior Design Industry Products and Services Segmentation

  • Demand Determinants
  • Economic growth
  • Increasing investment in fixed assets
  • Disposable income levels
  • Apartment trading volumes
  • House prices in China
  • Prices of decorative materials

  • Major Markets
  • Institutions
  • Households
  • Chart: Major Market Segmentation for the Building Completion & Interior Design Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Chart: Cost Structure Benchmarking – Sector vs Building Completion & Interior Design

  • Basis of Competition
  • Price versus quality
  • Experienced workforce
  • Construction period
  • Tenders
  • Service range
  • Qualifications

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Building Completion & Interior Design Industry

  • Industry Globalization
    Gold Mantis Construction Decoration Co., Ltd., Zhejiang Yasha Decoration Co., Ltd., Shenzhen Grandland Decoration Group Co., Ltd., China State Construction Engineering Corporation, Shenzhen Hongtao Decoration Co., Ltd.,
  • Table: Gold Mantis Construction Decoration Co., Ltd. - financial performance
  • Table: Zhejiang Yasha Decoration Co., Ltd. - financial performance
  • Table: Shenzhen Grandland Decoration Group Co., Ltd. - financial performance
  • Table: China State Construction Engineering Corporation - financial performance
  • Table: Shenzhen Hongtao Decoration Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Building Completion & Interior Design Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Building Completion & Interior Design Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Curtain Wall
  • An outer covering of a building in which the outer walls are non-structural, but merely keep out the weather.
  • Decoration
  • This includes works required from building construction completion to the building being put into operation, such as kitchen installation, plumbing, tiling, painting, electrical work, and carpeting.
  • Public Building
  • A building or group of buildings owned and operated by a governing body and often used by the public and for various public events.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Building Completion & Interior Design 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Building Completion & Interior Design:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Building Completion & Interior Design market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Building Completion & Interior Design, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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