Market size and recent performance (2009-2024)
Industry revenue has declined at a CAGR of -3.5% over the past five years, to reach an estimated $89.9bn in 2019.
Trends and Insights
- Reduced demand for industry services has led to falling industry participation
- Additional trends and insights available with purchase
Biggest companies in the Residential Building Construction in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Desarrolladora Homex SAB de CV | ||||
Urbi Desarrollos Urbanos SAB de CV | ||||
Consorcio Ara SAB de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Single-family residential building construction (adobe), Single-family residential building construction (fiber cement) and Single-family residential building construction (stucco). Single-family residential building construction (adobe) is the largest segment of the Residential Building Construction in Mexico.
Trends and Insights
• Single-family residential building construction represents the largest service segment by revenue for industry operators, accounting for 72.7% of total revenue for the industry in 2019.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Residential Building Construction industry in Mexico is composed of establishments dedicated primarily to construction of either single-family or multifamily residential units. The industry includes establishments engaged in the construction of new buildings or alterations and additions to existing buildings, while excluding establishments associated with real estate services, prefabricated houses and engineering and architecture services. Over the five years to 2019, the industry has contracted despite an expanding national economy due to slower demand for new construction compared with the previous five-year period. Overall, industry revenue in Mexico is anticipated to fall at an annualized rate of 3.5% to MXN $89.9 billion over the five years to 2019. This growth includes an expected 2.8% boost in 2019, supported by an anticipated sharp uptick in the value of residential construction in Mexico.
What's included in this industry?
Single-family homebuilding and general contracting (i.e. detached housing units, townhouses and row houses)Constructing multifamily residential housing unitsLow-income single-family housing constructionLow-income multifamily housing constructionManaging single-family housing constructionManaging multifamily housing constructionSingle-family residential building construction (adobe)Single-family residential building construction (fiber cement)Single-family residential building construction (stucco)Single-family residential building construction (other)Multifamily residential building constructionCompanies
Desarrolladora Homex SAB de CVUrbi Desarrollos Urbanos SAB de CVConsorcio Ara SAB de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
INFONAVITSOCIEDAD ANÓNIMA (SA) DE CVSOCIEDAD ANÓNIMA BURSÁTIL (SAB) DE CVIndustry Code
NAICS 23611MX - Residential Building Construction in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Value of residential construction. Industry demand largely depends on investment activity associated with single-family and multifamily residential developments, with a signif...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Single-family residential building construction represents the largest service segment by revenue for industry operators, accounting for 72.7% of total revenue for the ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The distribution of establishments in the Residential Building Construction industry in Mexico generally follows the country's population dispersal. However, slight regional v...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Access to multiskilled and flexible workforce. It is essential to have access to a pool of reliable tradespeople and subcontractors.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Desarrolladora Homex SAB de CV (Homex) is one of the largest construction and real estate companies in Mexico. Founded in 1989 and headquartered in Culiacán, Mexico, Homex is ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Desarrolladora Homex SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Urbi Desarrollos Urbanos SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Consorcio Ara SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Desarrolladora Homex SAB de CV, and factors influencing its performance in the industry
- Description and key data for Urbi Desarrollos Urbanos SAB de CV, and factors influencing its performance in the industry
- Description and key data for Consorcio Ara SAB de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Residential Building Construction industry in Mexico is subject to a moderate and steady level of regulation. Operators do not require any licensure to operate as a reside...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Residential Building Construction industry in Mexico in 2019?
The market size of the Residential Building Construction industry in Mexico is $89.9bn in 2019.
How many businesses are there in the Residential Building Construction in Mexico industry in 2019?
There are 3,058 businesses in the Residential Building Construction industry in Mexico, which has declined at a CAGR of -1.4% between 2014 and 2019.
Has the Residential Building Construction industry in Mexico grown or declined over the past 5 years?
The market size of the Residential Building Construction industry in Mexico has been at a CAGR of -3.5% between 2014 and 2019.
What is the forecast growth of the Residential Building Construction industry in Mexico over the next 5 years?
The Residential Building Construction in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Residential Building Construction market in Mexico?
The biggest companies operating in the Residential Building Construction market in Mexico are Desarrolladora Homex SAB de CV, Urbi Desarrollos Urbanos SAB de CV and Consorcio Ara SAB de CV
What does the Residential Building Construction in Mexico include?
Single-family homebuilding and general contracting (i.e. detached housing units, townhouses and row houses) and Constructing multifamily residential housing units are part of the Residential Building Construction industry.
Which companies have the highest market share in the Residential Building Construction in Mexico?
The company holding the most market share in Mexico is Desarrolladora Homex SAB de CV.
How many people are/were employed in the Residential Building Construction in Mexico in 2019?
There are 156k employed in the Residential Building Construction industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- Nonresidential building construction contractors provide construction services to the nonresidential building market.
Methodology
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