Belgium Construction Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
• The Belgian construction industry had total revenues of $102,745.2 million in 2022, representing a compound annual growth rate (CAGR) of 4.5% between 2017 and 2022.
• The non-residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $59,392.1 million, equivalent to 57.8% of the industry's overall value.
• The Belgian construction industry has expanded in the past few years, owing to several factors such as a growing economy, an increase in urbanization, an increase in consumer spending, and government initiatives.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Belgium
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Belgium
• Leading company profiles reveal details of key construction market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Belgium construction market with five year forecasts

Reasons to Buy

• What was the size of the Belgium construction market by value in 2022?
• What will be the size of the Belgium construction market in 2027?
• What factors are affecting the strength of competition in the Belgium construction market?
• How has the market performed over the last five years?
• What are the main segments that make up Belgium's construction market?