PUBLISHER: GlobalData | PRODUCT CODE: 1078302
PUBLISHER: GlobalData | PRODUCT CODE: 1078302
Brazil Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026
GlobalData expects Brazil's construction industry to grow by 5.8% in real terms in 2022, supported by the restart of all major infrastructure projects that were halted in the last two years due to the coronavirus (COVID-19) pandemic. Over the remainder of the forecast period, the industry's growth will be supported by developments in transportation, industrial, and energy infrastructure. The Brazilian Government has contracted 39 transport infrastructure projects in 2021 which will be carried out over the forecast period. The government will allocate an investment of BRL37.6 billion ($7.1 billion) for those projects in the coming years.
However, the industry's output growth in the coming quarters will be dampened by the impact of high materials and energy prices, along with supply chain disruptions that have been exacerbated by the geopolitical crisis. Prices and availability of resources are projected to be under pressure until the end of 2022. Labor shortages are also a factor in driving up overall construction costs, with the construction industry having to compete with other industries for workers. Moreover, soaring inflationary pressure resulted in rising fuel prices and widespread poverty. According to the Brazilian Economic Institute of the Getulio Vargas Foundation (FGV/IBRE), the National Construction Cost Index - M (INCC-M) rose by 12.1% year on year (YoY) in the first eight months of 2022.
GlobalData expects the infrastructure construction industry to register an annual average growth of 2.8% from 2023 to 2026, supported by investment in the transport, electricity, housing, and telecommunications sectors. The government plans to continue its spending on infrastructure projects, with a focus on improving regional connectivity through the development of transport infrastructure especially rail infrastructure to transport cargo. The government has set a target to increase the share of rail to 35% of the total freight transported by 2035. Brazil's railway network accounted for only 15% of the national logistics distribution in 2021, while the road system accounted for 65%.
The report provides detailed market analysis, information and insights into Brazil's construction industry, including -
- Brazil's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Brazil's construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Brazil. It provides -
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Brazil, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
Table of Contents
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 COVID-19 Status
- 3.5 Risk Profile
4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
6 Construction Market Data
7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 7.4 GlobalData Construction
List of Tables
List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Brazil, Key Economic Indicators
- Table 3: Brazil, Commercial Construction Output by Project Type (Real % Change), 2017-26
- Table 4: Brazil, Top Commercial Construction Projects by Value
- Table 5: Brazil, Industrial Construction Output by Project Type (Real % Change), 2017-26
- Table 6: Brazil, Top Industrial Construction Projects by Value
- Table 7: Brazil, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
- Table 8: Brazil, Top Infrastructure Construction Projects by Value
- Table 9: Brazil, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
- Table 10: Brazil, Top Energy and Utilities Construction Projects by Value
- Table 11: Brazil, Institutional Construction Output by Project Type (Real % Change), 2017-26
- Table 12: Brazil, Top Institutional Construction Projects by Value
- Table 13: Brazil, Residential Construction Output by Project Type (Real % Change), 2017-26
- Table 14: Brazil, Top Residential Construction Projects by Value
- Table 15: Brazil, Key Contractors
- Table 16: Brazil, Key Consultants
- Table 17: Brazil, Construction Output Value (Real, $ Million)
- Table 18: Brazil, Construction Output Value (Nominal, BRL Million)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
List of Figures
List of Figures
- Figure 1: Latin America, Construction Output (Real % Change), 2020-26
- Figure 2: Brazil, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
- Figure 3: Brazil, COVID-19 Confirmed Cases
- Figure 4: Brazil, Risk Summary
- Figure 5: Brazil, Risk Regional Comparison
- Figure 6: Brazil, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
- Figure 7: Brazil, Construction Output Value, by Sector (Real, $ Million), 2017-26
- Figure 8: Brazil, Construction Value Add (BRL Billion, Chained at 1995 Prices)
- Figure 9: Brazil, Number of People Employed in the Construction Industry, In Thousands
- Figure 10: Brazil, Gross Fixed Capital Formation (BRL Billion, Chained at 1995 Prices)
- Figure 11: Brazil, Construction Activity Index
- Figure 12: Brazil, Business Confidence Index (ICEI)
- Figure 13: Brazil, Construction - Operation Capacity Utilization (%)
- Figure 14: Brazil, Construction Projects Momentum Index
- Figure 15: Region, Construction Projects Momentum Index
- Figure 16: Brazil, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 17: Brazil, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 18: Brazil, Services Sector Value Add (BRL Billion, Chained at 1995 Prices)
- Figure 19: Brazil, Services Volume and Revenue Indices, 2014=100, % Change YoY
- Figure 20: Brazil, Number of People Employed in The Accommodation and Food Services Sector, In Thousands
- Figure 21: Brazil, Total Retail Sales Volume and Revenue Indices (2014=100)
- Figure 22: Brazil, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 23: Brazil, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 24: Brazil, Manufacturing Value Add (BRL Billion, Chained at 1995 Prices)
- Figure 25: Brazil, Capacity Utilization in the Manufacturing Sector
- Figure 26: Brazil, Industrial, Manufacturing and Mining Production Indices, (2012=100) % Change YoY
- Figure 27: Brazil, Total Exports ($ Billion)
- Figure 28: Brazil, Number of Vehicles Produced, Registered and Exported
- Figure 29: Brazil, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 30: Brazil, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 31: Brazil, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 32: Brazil, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 33: Brazil, Electricity and Gas, Water, Sewage, and Waste Management Activities Value Add (BRL Million, Chained at 1995 Prices)
- Figure 34: Brazil, Electricity Consumed (in GWh)
- Figure 35: Brazil, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 36: Brazil, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 37: Brazil, Value Add of Public Administration, Health, and Education and Social Security (BRL Billion, Chained at 1995 Prices)
- Figure 38: Brazil, Residential Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 39: Brazil, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 40: Brazil, Real Estate Value Add (BRL Billion, Chained at 1995 Prices)
- Figure 41: Brazil, Loans for Real Estate Acquisition and Construction (BRL Billion)
- Figure 42: Brazil, Residential Real Estate Sale Index, 2012=100
- Figure 43: Brazil, Residential Units Sold (In Thousands)
- Figure 44: Brazil, Residential Units Launched (In Thousands)
- Figure 45: Brazil, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 46: Brazil, Headquarters of Key Consultants (% of Total Project Pipeline)
