China Construction Decoration Market, 2013 - 2016 - Industry Applications, Market Size, Segmentation, Company Share: Acute Market Reports

China construction decoration industry will reach RMB4.64 trillion in 2016, with a CAGR of 15.78% during 2013-2016. Construction decoration industry divides into public construction decoration sector (including building curtain wall), residential decoration sector and building curtain wall sector. By the end of 2012, there had been a total of 142,000 players in this industry in China, with total engineering output value registering RMB2.63 trillion, up 11.91% YOY. The construction decoration industry of China characterizes large market size but low concentration. In 2011, total engineering output value of top 100 enterprises footed up to RMB141.3 billion, sharing only 6.01% of the total.

View China Construction Decoration Market Report with Table Of Content >>>  http://www.acutemarketreports.com/report/china-construction-decoration-industry-report-2013-2016

Seen from market segments, total engineering output value of China public construction decoration sector increased from RMB410 billion in 2005 to RMB1.41 trillion in 2012, with the CAGR of 19.30%. Among that, the enginering value of building curtain wall sector grew from RMB55 billion (sharing 5.50%) to RMB220 billion (holding 8.37%), with the CAGR of 21.90%,

Total engineering output value of China residential decoration sector rose from RMB590 billion in 2005 to RMB1.22 trillion in 2012, with the CAGR of 10.94%, but its proportion in the total engineering output value of construction decoration industry dropped down, from 59.0% to 46.39%.

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In 2011-2013, to improve utilization of resources and reduce costs, local governments (like Guangdong, Anhui, Beijing, Shanghai, etc.) continued to enact policies to encourage the real estate to make fine decoration for commodity housing. For example, in Apr. 2013, full decoration of commodity housing policy is carried out through Sichuan Province. The fine decoration proportion of newly-built commercial housing is hopefully to be higher than 60% in the upcoming five years.

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