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Construction Market Size, Trends and Growth Forecasts by Regions and Countries, 2023-2027

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    Report

  • 86 Pages
  • December 2023
  • Region: Global
  • GlobalData
  • ID: 5793759
This report provides a detailed analysis of the prospects for the global construction industry up to 2027.

Despite the challenging macroeconomic and geopolitical backdrop, the global construction industry managed to continue to generate growth momentum in 2023, with global output rising by 3.4% in real terms. Much of this is owing to China’s surprisingly strong performance despite the prolonged real estate crisis there, which has significantly impacted investment in building activity. Construction in the US also picked up in the second half of the year, which pushed global construction industry output growth excluding China to 2.0% in 2023.

Scope

  • An overview of the outlook for the global construction industry to 2027.
  • 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 2026. 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.

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 and 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
12. The Construction
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List of Tables
Table 1: Global Construction Output Growth (Real, % Change), 2020 - 2027
Table 2: North America, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 3: Latin America, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 4: Middle East and North Africa, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 5: Sub-Saharan Africa, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 6: South-East Asia, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 7: South Asia, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 8: North-East Asia, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 9: Australasia, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 10: Western Europe, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
Table 11: Eastern Europe, Construction Output Value (Real, $ 2017 Billion), 2017 - 2027
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 Figures
Figure 1: Global Construction Output Value by Sector (Real, Index 2019=100), 2019 - 2027
Figure 2: Global Construction Output Value by Region (Real, 2017 $ Billion), 2019 - 2027
Figure 3: Global Construction Output and GDP by Region and Sector, 2023
Figure 4: Construction Output Growth vs Risk, by Country
Figure 5: US and Canada, Construction Output Value (Real, $ 2017 Billion)
Figure 6: The US, Construction Put in Place ($ Million, Nominal) Seasonally Adjusted Annual Rate
Figure 7: Canada, Construction Value-Add (CAD Million, 2012 Constant Prices), Quarterly Average, Seasonally Adjusted at Annual Rates
Figure 8: Latin America, Construction Output Value (Real, $ 2017 Billion)
Figure 9: Brazil, Construction Value-Add (BRL Billion, Seasonally Adjusted Chained 1995 Prices)
Figure 10: Mexico, Construction Value-add (2018 Prices, MXN Billion)
Figure 11: Argentina, Construction Value Add (ARS Million, 2004 Constant Prices)
Figure 12: Western Europe, Construction Output Value (Real, $ 2017 Billion)
Figure 13: Germany, Construction Value-Add (Chain Volume, EUR Million, Seasonally Adjusted)
Figure 14: Spain, Construction Value-Add (Chain Volume, EUR Million, Seasonally Adjusted)
Figure 15: France, Construction Value-Add (Chain Volume, EUR Million, Seasonally Adjusted)
Figure 16: Italy, Construction Value-Add (Chain Volume, EUR Million, Seasonally Adjusted)
Figure 17: UK, Construction Output Volume (Chain Volume Seasonally Adjusted, GBP Million)
Figure 18: Eastern Europe and Central Asia, Construction Output Value (Real, $ 2017 Billion)
Figure 19: Turkey, Construction Value Add (TKR Million, 2015 Chained Prices, Seasonally Adjusted)
Figure 20: Russia, Construction Activity Volume Index
Figure 21: Poland, Construction Value Add (PLN Million, 2015 Chained Prices, Seasonally Adjusted)
Figure 22: Czech Republic, Construction Value Add (CZK Million, 2015 Chained Prices, Seasonally Adjusted)
Figure 23: Hungary, Construction Value Add (HUF Million, 2015 Chained Prices, Seasonally Adjusted)
Figure 24: Romania, Construction Value Add (RON Million, 2015 Chained Prices, Seasonally Adjusted)
Figure 25: South and South-East Asia, Construction Output Value (Real, $ 2017 Billion)
Figure 26: Indonesia, Construction Value-Add (IDR Billion, 2010 Prices, Seasonally Adjusted)
Figure 27: Thailand, Construction Value-Add (THB Million, Seasonally Adjusted Chained Volume Measures)
Figure 28: Singapore, Construction Value-Add (SGD million, 2015 Chained Prices, Seasonally Adjusted)
Figure 29: Malaysia, Construction Value-Add (MYR Million, 2015 Prices, Seasonally Adjusted)
Figure 30: Philippines, Construction Value-Add (PHP Billion, 2018 Prices)
Figure 31: Vietnam, Construction Value-Add (VND Billion, 2010 Prices)
Figure 32: South Asia, Construction Output Value (Real, $ 2017 Billion)
Figure 33: India, Construction Value-Add (INR Billion, Constant Prices)
Figure 34: Sri Lanka, Construction Value-Add (Billion, 2015 Constant Prices)
Figure 35: Australasia, Construction Output Value (Real, $ 2017 Billion)
Figure 36: Australia, Construction Work Done (AUD Million, Chained 2018 Prices, Seasonally Adjusted)
Figure 37: Australia, Construction Value Add (Million AUD, Chained Volume Measures, 2018-19 Prices)
Figure 38: Australia, Building Approvals (Million AUD, Seasonally Adjusted, Chain Volume, 2018-19 Prices)
Figure 39: New Zealand, Volume of Building Work Put in Place, NZD million, SA Q3 2022 Prices
Figure 40: New Zealand, Construction Value-add (Million NZD, Chained Volume Measures, 2009-10 Prices)
Figure 41: New Zealand, Number of Building Consents Issued, Three-month moving average
Figure 42: North-East Asia, Construction Output Value (Real, $ 2017 Billion)
Figure 43: China, Construction Value-Add Index, Constant Prices, % Change YoY
Figure 44: Japan, Construction Orders Received, JPY Billion, 3-month Moving Average
Figure 45: South Korea, Construction Value-Add (KRW Billion, 2015 Chained Prices, Seasonally Adjusted)
Figure 46: South Korea, Value of Construction Orders Received, KRW Billion, 3-month Moving Average
Figure 47: Taiwan, Construction Value-Add, TWD Million, 2016 Chained Prices
Figure 48: Hong Kong, Gross Value of Construction Work Performed, HKD Million, Seasonally Adjusted 2000 Chained Prices
Figure 49: Middle East and North Africa, Construction Output Value (Real, $ 2017 Billion)
Figure 50: Saudi Arabia, Construction Value-Add (SAR Million, Constant Prices)
Figure 51: Qatar, Construction Value Add, Constant Prices (QAR Million, 2018 Base Prices)
Figure 52: Sub-Saharan Africa, Construction Output Value (Real, $ 2017 Billion)
Figure 53: South Africa, Construction Value Add (ZAR Billion, Constant 2015 Prices)
Figure 54: Nigeria, Construction Value-Add (NGN Million, Constant Prices)