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The publisher expects the Polish construction industry to grow by 1.2% in 2021, in a sharp upward revision from the previous forecast, as the country has successfully managed the second wave and reopened business activity in the second quarter of 2021. The second wave during January-March 2021 disrupted the construction industry severely in the first quarter of 2021. However, in the second quarter of the year, the construction industry recovered, supported by the reopening of the economy. According to Eurostat, the construction industry’s value add grew by 3.5% YoY in the second quarter of 2021, preceded by year-on-year (Y-o-Y) declines of 13% in Q1 2021 and 5.3% in Q4 2020.Speak directly to the analyst to clarify any post sales queries you may have.
The publisher expects the construction industry to continue its recovery in the coming quarters, on the back of declining Coronavirus (COVID-19) cases and the government’s investment on transport infrastructure with an aim to combat COVID-19’s economic impact. Moreover, the European Union’s Recovery and Resilience Facility (RRF) is also supporting the industry’s growth over the forecast period. In August 2021, the EU announced a plan to provide PLN783.8 billion (US$201 billion) in funding to the country under the RRF during the period of 2021-2027. Of the total amount, the government decided to spend PLN73.7 billion (US$18.9 billion), particularly on the country’s railway infrastructure.
The Kolej Plus programme was launched by the government in early 2020, with a total investment of PLN6.6 billion (US$1.6 billion), under which the country’s railway infrastructure will be developed in cities which lack railway transport. Furthermore, in June 2021, Poland’s deputy minister for infrastructure, Marcin Horała, signed an agreement with Spanish Minister of Transport, Mobility and Urban Agenda, José Luis Ábalos, towards the development of a Polish high-speed rail system, part of the Solidarity Transport Hub. Furthermore, the government has pledged an investment of PLN75 billion (US$18 billion) in renewable energy projects, which will help the country in meeting its clean energy goals by 2030. The publisher expects the country construction industry to register an annual average growth of 3.5% in real terms during the period of 2021-2025.
The publisher’s Construction in Poland - Key Trends and Opportunities to 2025 (Q3 2021) report provides detailed market analysis, information and insights into the Polish construction industry, including -
- The Polish 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 the Polish 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 Poland. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Poland, 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 the publisher'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 the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
