PUBLISHER: MarketLine | PRODUCT CODE: 2070359
PUBLISHER: MarketLine | PRODUCT CODE: 2070359
Global Residential Construction industry profile provides top-line qualitative and quantitative summary information including: sector size (value , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.
Residential construction refers to the process of building structures primarily intended for people to live in. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
The market is segmented into demolition, new construction, refurbishment, and repair & maintenance. Demolition refers to the dismantling or destruction of a residential building or part of one. New construction encompasses any work related to the creation of a new residential structure. The refurbishment segment involves upgrading or renovating an existing residential building. Repair & maintenance includes activities aimed at restoring or fixing deteriorated or damaged residential structures.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global residential construction sector recorded a revenue of $5,097.5 billion in 2025, representing a compound annual growth rate (CAGR) of 2.0% between 2020 and 2025.
The new construction segment accounted for the sector's largest proportion in 2025, with total revenue of $2,958.2 billion, equivalent to 58.0% of the sector's overall value.
The decline in global residential construction growth between 2024 and 2025 was primarily driven by the long-term impact of high interest rates, which severely restricted household borrowing power and developer financing.