The briefing examines how the construction and real estate industry is performing globally and in the largest countries in terms of construction and real estate output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of companies. The industry and market overview provide benchmarks against other countries in the region.
Key findings
North America and Europe to drive growth
The industry is projected to maintain growth over the period to 2029, benefiting from the easing of monetary policies and an improving housing market. However, Asia Pacific is forecast to face muted growth, largely due to ongoing real estate market problems in China. On the other hand, the outlook in North America and Western Europe is more positive, backed by recovering housing markets and investment in infrastructure.
Housing oversupply in China to constrain growth
China’s construction industry is forecast to maintain growth over the period to 2029, although expansion, largely driven by infrastructure spending. Housing oversupply problem is forecast to prevail, however Investment in infrastructure and a stabilising real estate market in Tier 1 cities will support growth.
Growing trade uncertainty to put more pressure on costs
Growing economic and trade uncertainty is set to put more pressure on the construction and real estate sector. Although tariffs do not impact the construction industry directly, companies will feel price pressures coming from higher raw material prices, commodity price volatility and increases in logistics costs.
Investment in innovation to grow
Companies are forecast to invest in new construction methods, such as modular construction, IoT tools and virtual reality. Although new technologies will not solve all the problems, they are expected to help improve productivity and better shield against the rising cost pressures.
The Global Overview of the Construction and Real Estate Industry report offers a unique insight into key trends shaping the industry world-wide and in the largest markets. Aimed at strategists and planners, it draws on the vast information resources to give top line insight across manufacturing, B2B and services sectors. Written by some of our most experienced analysts, the Global Industrial Reports are designed to provide key trends on industry’s performance, demand drivers, trade, leading companies and future trends. This allows company leaders to reflect on the behaviour and motivation driving global markets today and tomorrow.
Product coverage: Agriculture: ISIC 1, Business Services, Chemical Products, Construction and Real Estate, Education: ISIC 80, Energy, Finance and Insurance, Food, Beverages and Tobacco, Forestry, Wood and Paper, Government and Membership Organizations, Healthcare and Social Services, Hi-tech Goods, Hotels and Restaurants, Household Goods, Information and Communications, Machinery, Metal Products, Non-metalic Mineral Products, Personal Services, Pharmaceuticals and Medical Equipment, Recreation, Entertainment and Arts, Retail and Wholesale, Rubber and Plastic, Textile and Leather Products, Transport and Storage, Transport Equipment, Utilities and Recycling.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Industrial (Entire Economy) market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
