PUBLISHER: MarketLine | PRODUCT CODE: 2070360
PUBLISHER: MarketLine | PRODUCT CODE: 2070360
Global Construction industry profile provides top-line qualitative and quantitative summary information including: market share, Industry size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.
The construction market includes both residential and non-residential construction. 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.
Residential construction refers to the process of building structures primarily intended for people to live in. The residential market includes demolition, new construction, refurbishment, and repair & maintenance. Non-residential construction refers to the process of building structures that are not intended for residential purposes. The non-residential segment includes commercial construction, energy and utilities construction, industrial construction, infrastructure construction, and institutional construction.
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 few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global construction industry recorded a revenue of $1,47,99,517.5 million in 2025, representing a compound annual growth rate (CAGR) of 5.5% between 2020 and 2025.
The non-residential segment accounted for the industry's largest proportion in 2025, with total revenue of $97,01,970.7 million, equivalent to 65.6% of the industry's overall value.
The growth of the global construction industry during 2020-25 is driven by an increase in urban population, which directly stimulates demand across both residential and non-residential construction segments, driving overall industry growth.