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PUBLISHER: GlobalData | PRODUCT CODE: 1780663
PUBLISHER: GlobalData | PRODUCT CODE: 1780663
Construction Market Size, Trends and Growth Forecasts by Regions and Countries, 2025-2029 (Q2 2025)
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PAGES: 117 Pages
DELIVERY TIME: 1-2 business days
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This report provides a detailed analysis of the prospects for the global construction industry up to 2029.
The global construction market is facing a complex and multifaceted environment as it moves into Q3 2025, marked by ongoing geopolitical tensions, rising material costs, and shifting trade and economic policies across major regions. Despite a slower-than-expected recovery, industry output in 2024 was elevated by significant growth in the US market, as well as substantial government stimulus packages aimed at boosting energy and utilities construction and infrastructure. Overall, GlobalData recorded real global construction output at 3.1% in 2024, however, the outlook for 2025 is likely to remain more muted, with the global construction market expected to register real terms growth of 2.3%. Throughout the year residential construction is expected to remain a drag on the industry, as the largest sector by size continues to struggle with elevated interest rates, limited housing demand, and rising costs for contractors.
Scope
- An overview of the outlook for the global construction industry to 2029.
- 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 2029. 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.
Product Code: GDCN0040GO
Table of Contents
Table of Contents
1 Global Outlook
2 Regional Outlook: US and Canada
- 2.1 Overview
- 2.2 Key Updates
3 Regional Outlook: Latin America
- 3.1 Overview
- 3.2 Key Updates
4 Regional Outlook: Western Europe
- 4.1 Overview
- 4.2 Key Updates
5 Regional Outlook: Eastern Europe & Central Asia
- 5.1 Overview
- 5.2 Key Updates
6 Regional Outlook: South-East Asia
- 6.1 Overview
- 6.2 Key Updates
7 Regional Outlook: South Asia
- 7.1 Overview
- 7.2 Key Updates
8 Regional Outlook: Australasia
- 8.1 Overview
- 8.2 Key Updates
9 Regional Outlook: North-East Asia
- 9.1 Overview
- 9.2 Key Updates
10 Regional Outlook: Middle East and North Africa
- 10.1 Overview
- 10.2 Key Updates
11 Regional Outlook: Sub-Saharan Africa
- 11.1 Overview
- 11.2 Key Updates
Appendix
- About GlobalData
- Contact Us
Product Code: GDCN0040GO
List of Table
List of Tables
- Table 1: Global Construction Output Growth (Real, % Change), 2020-2029
- Table 2: North America, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 3: Latin America, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 4: Middle East and North Africa, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 5: Sub-Saharan Africa, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 6: South-East Asia, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 7: South Asia, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 8: North-East Asia, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 9: Australasia, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 10: Western Europe, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 11: Eastern Europe & Central Asia, Construction Output Value (Real, $ 2022 Billion), 2020-2029
- Table 12: US and Canada, Construction Output Growth (Real, % Change)
- Table 13: Latin America, Construction Output Growth (Real, % Change)
- Table 14: Western Europe, Construction Output Growth (Real, % Change)
- Table 15: Eastern Europe and Central Asia, Construction Output Growth (Real, % Change)
- Table 16: South-East Asia, Construction Output Growth (Real, % Change)
- Table 17: South Asia, Construction Output Growth (Real, % Change)
- Table 18: Australasia, Construction Output Growth (Real, % Change)
- Table 19: North-East Asia, Construction Output Growth (Real, % Change)
- Table 20: Middle East and North Africa, Construction Output Growth (Real, % Change)
- Table 21: Sub-Saharan Africa, Construction Output Growth (Real, % Change)
List of Figure
List of Figures
- Figure 1: Global Construction Output Value by Sector (Real, Index 2019=100), 2020-2029
- Figure 2: Global Construction Output Value by Region (Real, 2022 $ Billion), 2020-2029
- Figure 3: Global Construction Output and GDP by Region and Sector, 2025
- Figure 4: Construction Output Growth vs Risk, by Country
- Figure 5: US and Canada, Construction Output Value (Real, $ 2022 Billion)
- Figure 7: Canada, Investment in Building Construction (CAD Million, Seasonally Adjusted Constant Prices)
- Figure 8: Canada, Value of Building Permits Issued, in Seasonally Adjusted Constant Prices, % Change YoY
- Figure 9: The US, Value of Construction Put in Place ($ Billion, Nominal Seasonally Adjusted Annual Rate), YoY % Change
- Figure 10: Latin America, Construction Output Value (Real, $ 2022 Billion)
- Figure 11: Brazil, Construction Value-add (BRL Billion, Chained at 1995 Prices)
- Figure 12: Panama, Gross Fixed Capital Formation ($ Million, 2018 Constant Prices)
- Figure 13: Ecuador, Petroleum Refining Sector Value-add ($ Million, 2018 Constant Prices), Seasonally Adjusted
- Figure 14: Uruguay, Housing Construction Cost Index, Base June 2023 = 100
- Figure 15: Western Europe, Construction Output Value (Real, $ 2022 Billion)
- Figure 16: France, Construction Output Value (EUR Million, 2020 Chained Prices)
- Figure 17: The UK, Total Number of Company Insolvencies (Number of Companies), Unajusted
- Figure 18: Germany, Construction value-add, 2020 Chained Linked Volume Measures (EUR Million)
- Figure 19: Finland, Gross Fixed Capital Formation (EUR Million, 2020 Constant Prices)
- Figure 20: Spain, Construction Production Index, 2021=100
- Figure 21: Eastern Europe and Central Asia, Construction Output Value (Real, $ 2022 Billion)
- Figure 22: Russia, Construction Activity Volume Index, Percent of Corresponding Period of Previous Year
- Figure 23: Turkey, Gross Fixed Capital Formation (TRY Million, 2009 Chain Linked Volume Measures)
- Figure 24: Poland, Construction Value Add (PLN Million, 2020 Chained Prices)
- Figure 25: Romania, Construction Value-Add (2020 Chain Linked Volumes, RON Million, Seasonally and Calendar Adjusted Data)
- Figure 26: Uzbekistan, Commercial Bank Loans for Construction, In UZS Billion
- Figure 27: South and South-East Asia, Construction Output Value (Real, $ 2022 Billion)
- Figure 28: Singapore, Construction Contracts Awarded (SGD Million)
- Figure 29: The Philippines, Gross Fixed Capital Formation in Construction (PHP Billion, 2018 Constant Prices)
- Figure 30: Malaysia, Construction Value-Add (2015 Constant Prices, MYR Million)
- Figure 31: Cambodia, Total Exports (KHR Billion)
- Figure 32: Indonesia, Construction Value-Add (2010 Constant Prices, IDR Trillion)
- Figure 33: Vietnam, Total Credit Outstanding to Construction Sector (VND Trillion)
- Figure 34: South Asia, Construction Output Value (Real, $ 2022 Billion)
- Figure 35: India, Construction Value-Add (Constant 2011-12 Prices, INR Billion)
- Figure 36: Sri Lanka, Construction PMI
- Figure 37: Pakistan, CPI (Urban) Index for Construction Input Items (2015-16=100)
- Figure 38: Australasia, Construction Output Value (Real, $ 2022 Billion)
- Figure 39: New Zealand, Total Value of Building Work Put in Place, % Change YoY
- Figure 40: New Zealand, Total Value of Building Consents Issued, In NZD Million
- Figure 43: North-East Asia, Construction Output Value (Real, $ 2022 Billion)
- Figure 44: China, Construction Output, CNY Million
- Figure 45: South Korea, Construction Value-Add (KRW Trillion, 2020 Chained Prices, Unadjusted)
- Figure 46: Japan, Index of Business Confidence (2020=100)
- Figure 47: Mongolia, Construction Cost Index (2015=100), % Changes YoY
- Figure 48: Middle East and North Africa, Construction Output Value (Real, $ 2022 Billion)
- Figure 49: Saudi Arabia, Commercial Real Estate Price Index (2023=100)
- Figure 50: The UAE, Construction Value-Add, Constant prices (2010) Million Dirhams
- Figure 51: Egypt, Construction Production Index (FY 2012-2013 = 100)
- Figure 52: Tunisia, Oil and Natural Gas Sector Value Add (TND Million, 2015 Constant Prices)
- Figure 53: Morocco, Loan Outstanding for Construction and Public Work (MAD, Million)
- Figure 54: Qatar, Manufacturing Value-Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 55: Sub-Saharan Africa, Construction Output Value (Real, $ 2022 Billion)
- Figure 56: South Africa, Total value of recorded building plans passed by larger municipalities, 2019 Constant Prices (ZAR Million)
- Figure 57: Tanzania, Accommodation and Restaurant Value-Add (TZS Billion, 2015 Constant Prices)
- Figure 58: Zambia, Total Loan Issued to Private Sector for Real Estate Industry (ZMK, Million)
- Figure 59: Ghana, Construction Value-Add (GHS Million, 2013 Constant Prices)
- Figure 60: Nigeria, Credit to the Construction Industry (NGN Billion)
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