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Building Completion & Interior Design in China Industry Data and Analysis
Revenue for the Building Completion and Interior Design industry in China is expected to increase at an annualized 1.4% over the five years through 2024, including a growth of 5.9% in 2024 alone. This growth rate is largely due to the building construction industry growth, and the wide expansion of interior design enterprises through the combination of online and offline promotion. China's household disposable income levels are forecast to continue rising over the next five years, boosting expenditure on private home renovations and interior decoration. China's ongoing urbanization process will also stimulate growth. Revenue generated from household decoration and completion services will continue to account for a larger share of total industry revenue. Household and public building completion and decoration services are the industry's major service segments. The concentration level in the household decoration market will remain low in the future, as most companies engaged in this segment are private and small in scale, and only operate locally. In contrast to the household decoration segment, concentration levels in the public building completion market are expected to be higher, due to larger scale companies operating in this segment. The combined market share of the top four companies in the industry will be less than 1.0% in 2024. In the next five years, M&A activities will be more frequent and industry concentration will increase.The industry is projected to rapidly grow over the next five years, as more public buildings are constructed, especially in second-tier cities. The industry revenue is anticipated to increase at an annualized 3.5% over the five years through 2029.
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What's included in this industry analysis
IBISWorld's research coverage on the Building Completion & Interior Design industry in China includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released November 2024.
About this industry
What's this industry report about?
The Building Completion & Interior Design industry in China operates under the industry code 4900. Firms in 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. Related terms covered in the Building Completion & Interior Design industry in China include curtain wall and decoration.
What's included in this industry?
Products and services covered in Building Completion & Interior Design industry in China include Household decoration, Public building decoration and Curtain wall decoration.
What companies are included in this industry?
Companies covered in the Building Completion & Interior Design industry in China include Suzhou Gold Mantis Construction Decoration Co., Ltd., Zhejiang Yasha Decoration Co., Ltd. and China State Decoration Group Company Limited.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Building Completion & Interior Design industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Building Completion & Interior Design industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Building Completion & Interior Design industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Building Completion & Interior Design industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Building Completion & Interior Design industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Building Completion & Interior Design industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Building Completion & Interior Design industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Building Completion & Interior Design industry in China.
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Frequently Asked Questions
What is the market size of the Building Completion & Interior Design industry in China in 2026?
The market size of the Building Completion & Interior Design industry in China is $765.9bn in 2026.
How many businesses are there in the Building Completion & Interior Design industry in China in 2024?
There are 108k businesses in the Building Completion & Interior Design industry in China, which has grown at a CAGR of 0.7 % between 2019 and 2024.
How may import tariffs affect the Building Completion & Interior Design industry in China?
The Building Completion & Interior Design industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Building Completion & Interior Design industry in China?
The Building Completion & Interior Design industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Building Completion & Interior Design industry in China grown or declined over the past 5 years?
The market size of the Building Completion & Interior Design industry in China has been growing at a CAGR of 1.4 % between 2019 and 2024.
What is the forecast growth of the Building Completion & Interior Design industry in China over the next 5 years?
Over the next five years, the Building Completion & Interior Design industry in China is expected to grow.
What are the biggest companies in the Building Completion & Interior Design industry in China?
The biggest companies operating in the Building Completion & Interior Design industry in China are Suzhou Gold Mantis Construction Decoration Co., Ltd., Zhejiang Yasha Decoration Co., Ltd. and China State Decoration Group Company Limited
What does the Building Completion & Interior Design industry in China include?
Household decoration and Public building decoration are part of the Building Completion & Interior Design industry in China.
Which companies have the highest market share in the Building Completion & Interior Design industry in China?
The company holding the most market share in the Building Completion & Interior Design industry in China is Suzhou Gold Mantis Construction Decoration Co., Ltd..
How competitive is the Building Completion & Interior Design industry in China?
The level of competition is high and increasing in the Building Completion & Interior Design industry in China.
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