The construction industry in Denmark is estimated to have shrunk in real terms by 1.1% in 2025, owing to high inflation, elevated costs of construction materials, and supply chain disruptions. According to Statistics Denmark, the construction cost index for road projects grew by 1% year-on-year (YoY) in the first half of 2025. Segment-wise, cost of construction of concrete structures, earth works and iron structures grew by 3%, 1.5% and 0.8%, respectively, in YoY terms, during the same period. The country is also currently facing delays in the execution of several health care projects, owing to shortage of labor.
The industry is expected to rebound at an average annual growth rate of 3.8% from 2026 to 2029, supported by investments in the development of industrial parks, transport infrastructure, and renewable energy projects. Growth in the transport infrastructure sector will be supported by the government’s plan to invest DKK157.6 billion ($22.8 billion) by 2035, on several transportation infrastructure projects. In early-December 2025, the UK-based real estate developer Verdion announced its plan to build a logistics terminal, called iPort Zealand with an investment of DKK104.2 billion ($1.1 billion) in the municipality of Ringsted. Additionally, the Danish hydrogen production company Everfuel’s target to establish more than 2GW of electrolysis capacity in the country by 2035, will support the industry’s growth over the forecast period.
The industry is expected to rebound at an average annual growth rate of 3.8% from 2026 to 2029, supported by investments in the development of industrial parks, transport infrastructure, and renewable energy projects. Growth in the transport infrastructure sector will be supported by the government’s plan to invest DKK157.6 billion ($22.8 billion) by 2035, on several transportation infrastructure projects. In early-December 2025, the UK-based real estate developer Verdion announced its plan to build a logistics terminal, called iPort Zealand with an investment of DKK104.2 billion ($1.1 billion) in the municipality of Ringsted. Additionally, the Danish hydrogen production company Everfuel’s target to establish more than 2GW of electrolysis capacity in the country by 2035, will support the industry’s growth over the forecast period.
The Construction in Denmark - Key Trends and Opportunities to 2029 (Q4 2025) report provides detailed market analysis, information, and insights into the Danish construction industry, including:
- The Danish 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 Danish construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Report Scope
This report provides a comprehensive analysis of the construction industry in Denmark. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Denmark, 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 our 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 business strategies using the analyst'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
