Construction Market Size, Trends and Growth Forecasts by Regions and Countries, 2024-2028

This report provides a detailed analysis of the prospects for the global construction industry up to 2028.

The challenging macroeconomic and geopolitical environment will see growth in the global construction industry slow in 2024. Real global construction output is anticipated to grow by 1.6%, having grown by 4.1% in 2023. Although the slowdown is being felt across many markets, growth in advanced economies is expected to be more impacted - with growth in 2024 falling by 1%, driven by lower output in Western Europe. In comparison, growth in emerging markets will remain positive, at 3.3%, with South Asia posting the highest grow (6.0%) of any region globally. China’s real construction output will grow by 4% in 2024. Given the country’s dominance across the global construction market, global real construction output growth excluding China will be flat at 0.4%.

Scope

• An overview of the outlook for the global construction industry to 2028.
• Analysis of the outlook for the construction industry in major global regions: North America, Latin America, Western Europe, Eastern Europe, South Asia, South-East Asia, North-East Asia, Australasia, the Middle East and North Africa, and Sub-Saharan Africa.
• A comprehensive benchmarking of 91 leading construction markets according to construction market value and growth
• Analysis of the latest data on construction output trends in key markets.

Reasons to Buy

• Evaluate regional construction trends from insight on output values and forecast data to 2028. Identify the fastest growers to enable assessment and targeting of commercial opportunities in the markets best suited to strategic focus.
• Identify the drivers in the global construction market and consider growth in emerging and developed economies. Formulate plans on where and how to engage with the market while minimizing any negative impact on revenues.