Religious Buildings Market Report 2026

The religious buildings market size has grown marginally in recent years. It will grow from $21.25 billion in 2025 to $21.63 billion in 2026 at a compound annual growth rate (CAGR) of 1.8%. The growth in the historic period can be attributed to growth in traditional worship practices, reliance on conventional building materials, expansion of community religious centers, increasing construction of small local worship buildings, rising need for maintenance of aging religious structures.

The religious buildings market size is expected to see steady growth in the next few years. It will grow to $23.98 billion in 2030 at a compound annual growth rate (CAGR) of 2.6%. The growth in the forecast period can be attributed to growing focus on sustainable worship building materials, increasing demand for large multifunctional religious facilities, rising investment in restoration of heritage religious sites, expansion of residential religious retreats, heightened interest in modern architectural designs for worship spaces. Major trends in the forecast period include increasing construction of new worship facilities, growing demand for renovation and restoration of historic religious structures, expansion of community-oriented religious spaces, higher adoption of large-capacity worship halls, rising development of residential religious facilities such as retreat centers.

The rising trend in religious donations is anticipated to boost the growth of the religious building market in the future. Religious donations refer to contributions made for the benefit of a religious organization, which are used entirely or significantly by that organization. These donations are typically allocated for constructing structures or places of worship (religious buildings), funding education programs, supporting missionary efforts, and providing wellness initiatives (regardless of religion, nationality, or race). For example, in April 2023, the Office of International Religious Freedom, a U.S. Department of State entity, reported that the UK government announced it would allocate $31.1 million (£24.5 million) to Muslim groups and $4.4 million (£3.5 million) to other non-Jewish faith groups for enhancing security in their places of worship and schools in England and Wales. Additionally, the government has provided $22.9 million (£18 million), which is $5 million (£4 million) more than the previous year. Thus, the increasing religious donations are driving the growth of the religious building market.

The expansion of the construction industry is expected to drive the growth of the religious building market in the future. Construction activities have been increasing due to rapid industrialization and urbanization. A growing economy typically results in heightened construction activities, including the building of religious structures. As communities and individuals experience economic prosperity, the demand for new religious spaces may rise. For example, in February 2024, the Office for National Statistics, a UK-based government department, reported that the total annual construction output grew by 2% in 2023 compared to the previous year, 2022. Therefore, the growth in the construction industry is contributing to the expansion of the religious building market during the forecast period.

Prominent organizations in the religious buildings market are securing investments to develop more affordable housing options for homeless individuals. In October 2023, St. Luke’s Episcopal Church secured a $7 million state funding to construct a 55-unit affordable housing development in New Haven. This initiative aims to increase the availability of affordable housing in the city, contributing to the broader effort to revitalize neighboring areas.

Major companies operating in the religious buildings market are Stenz Construction Corporation, Skanska AB, Vinci SA, Turner Construction Company, Lincoln Construction Co., Churches by Daniels Inc., Hochtief AG, BGW Architects, Delphi Construction Inc., Marker Inc., Hencken & Gaines Inc., CB Construction LLC, Scherrer Construction Co. Inc., Tejjy Inc., Hankins Construction Company, Clark Construction Group LLC, Hensel Phelps Construction Co., PCL Construction Enterprises Inc., McCarthy Building Companies Inc., The Whiting-Turner Contracting Company, Gilbane Building Company, M. A. Mortenson Co., JE Dunn Construction, Balfour Beatty US, Webcor Builders Inc., Swinerton Builders, DPR Construction, Holder Construction Company, Brasfield & Gorrie LLC, The Henry C. Beck Company, Ryan Companies US Inc., Hoffman Construction Company, The Boldt Company, The Korte Company.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the religious buildings market by raising costs of imported construction materials, decorative elements, and structural components used in both new construction and restoration projects, resulting in higher budget requirements and slower project execution. Non-residential religious buildingssuch as churches, mosques, temples, and synagoguesin regions reliant on imported stone, steel, and architectural fixtures are particularly impacted. However, tariffs are also promoting domestic material sourcing and encouraging the use of locally crafted elements, which can strengthen regional supply chains and support cultural preservation.

The religious buildings market research report is one of a series of new reports that provides religious buildings market statistics, including religious buildings industry global market size, regional shares, competitors with a religious buildings market share, detailed religious buildings market segments, market trends, and opportunities, and any further data you may need to thrive in the religious buildings industry. The religious buildings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A religious building refers to a specially designed structure intended for religious activities, where individuals or groups engage in acts of devotion and religious study. These locations serve as places for members of religious communities to come together to commemorate significant events in life, such as births, fostering a sense of shared belief and community connection.

The main types of religious buildings can be categorized as residential and non-residential. Residential religious buildings are those inhabited by a community of monks or nuns. Various construction activities associated with religious buildings include new construction, repair and maintenance, refurbishment, and demolition. These structures are utilized in various applications, including ownership and rental.Asia-Pacific was the largest region in the religious buildings market in 2025. The regions covered in the religious buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the religious buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The religious buildings market includes revenues earned by entities by constructing religious buildings such as a church, mosques, temples, and synagogues that serve as a place of worship. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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