Peru Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (H2 2026)

Summary

The analyst revised up the growth forecast for Peru’s construction industry for 2026, from 5.5% in real terms in the Q2 2026 update to 7.6% in the Q3 2026 update, supported by an increased investment in mining and transport infrastructure projects. According to the National Institute of Statistics and Information of Peru (INEI), the construction industry’s value-add in real terms rose by 8.9% YoY in Q2 2026, preceded by YoY growth rates of 13.2% in Q1 2026 and 9% in Q4 2025. Notably, the second half of 2026 is expected to deliver a stronger performance in the construction industry compared to the first half of 2026 supported by the rollout of scheduled construction works. Considering the projects tracked as of September 2026, there are 51 construction projects across various sectors which are scheduled to commence in H2 2026. With a total valuation of PEN42.7 billion ($11.2 billion).

Over the remainder of the forecast period, the construction industry is expected to register an annual average growth of 3.8% from 2027 to 2030, supported by an increase in investments in the mining sector, transport infrastructure and renewable energy projects. In mid-August 2026, Peru’s Prime Minister Luis Galarreta reported to Congress that the government is aiming to invest at least a total of PEN125.7 billion ($33 billion) in mining projects by 2031, which is up from PEN23.6 billion ($6.2 billion) of mining investment in 2025 alone. Prime Minister Galarreta also reported in mid-August 2026 that the government is planning to authorize 240 exploration and extraction projects by the end of 2026. Moreover, growth in the construction industry over the forecast period will be supported by Peru’s National Infrastructure Plan 2026-2031, which involves an investment of PEN144.1 billion ($39.1 billion) in 72 projects during 2026-31 across transportation, sanitation, healthcare, energy and social infrastructure projects.

The analyst’s Construction in Peru - Key Trends and Opportunities to 2030 (H2 2026) report provides detailed market analysis, information, and insights into the Peruvian construction industry, including:

The Peruvian 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 Peruvian construction industry
Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline

Scope

This report provides a comprehensive analysis of the construction industry in Peru. It provides:
Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Peru, 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

1 Executive Summary2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

Outlook
Latest news and developments
Construction Projects Momentum Index

4.2 Commercial Construction

Outlook
Project analytics
Latest news and developments

4.3 Industrial Construction

Outlook
Project analytics
Latest news and developments

4.4 Infrastructure Construction

Outlook
Project analytics
Latest news and developments

4.5 Energy and Utilities Construction

Outlook
Project analytics
Latest news and developments

4.6 Institutional Construction

Outlook
Project analytics
Latest news and developments

4.7 Residential Construction

Outlook
Project analytics
Latest news and developments

5 Key Industry Participants

5.1 Contractors
5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology

About the Analyst
Contact Us

List of Tables

Table 1: Construction Industry Key Data
Table 2: Peru, Key Economic Indicators
Table 3: Peru, Commercial Construction Output by Project Type (Real % Change), 2021-30
Table 4: Peru, Top Commercial Construction Projects by Value
Table 5: Peru, Industrial Construction Output by Project Type (Real % Change), 2021-30
Table 6: Peru, Top Industrial Construction Projects by Value
Table 7: Peru, Infrastructure Construction Output by Project Type (Real % Change), 2021-30
Table 8: Peru, Top Infrastructure Construction Projects by Value
Table 9: Peru, Energy and Utilities Construction Output by Project Type (Real % Change), 2021-30
Table 10: Peru, Top Energy and Utilities Construction Projects by Value
Table 11: Peru, Institutional Construction Output by Project Type (Real % Change), 2021-30
Table 12: Peru, Top Institutional Construction Projects by Value
Table 13: Peru, Residential Construction Output by Project Type (Real % Change), 2021-30
Table 14: Peru, Top Residential Construction Projects by Value
Table 15: Peru, Key Contractors
Table 16: Peru, Key Consultants
Table 17: Peru Construction Output Value (Real, $ Million)
Table 18: Peru Construction Output Value (Nominal, PEN Million)
Table 19: GlobalData Construction Market Definitions
Table 20: GlobalData Construction Market Definitions
Table 21: Ratings, Scores and Definitions

List of Figures

Figure 1: Latin America, Construction Output (Real % Change), 2024-30
Figure 2: Peru, Construction Output by Sector (Real % Change), 2024-26 and 2027-30
Figure 3: Peru, Risk Summary
Figure 4: Peru, Risk Regional Comparison
Figure 5: Peru, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021-30
Figure 6: Peru, Construction Output Value, by Sector (Real, $ Million), 2021-30
Figure 7: Peru, Construction Value-add (PEN Million, 2007 Constant Prices)
Figure 8: Peru, Gross Fixed Capital Formation in Construction (PEN Million, 2007 Constant Prices)
Figure 9: Peru, Construction Materials Price Index (2013=100)
Figure 10: Peru, Monthly Unemployment in Metropolitan Lima (Three-Month Moving Average)
Figure 11: Peru, Business Situation Index
Figure 12: Peru, Domestic Cement Consumption (12-month Change %)
Figure 13: Peru, Construction Projects Momentum Index
Figure 14: Latin America, Construction Projects Momentum Index
Figure 15: Peru, Commercial Construction Output by Project Type (Real, $ Million), 2021-30
Figure 16: Peru, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 17: Peru, Accommodation and Restaurants Services Value-add (PEN Million, 2007 Constant Prices)
Figure 18: Peru, Total International Tourist Arrivals
Figure 19: Peru, Industrial Construction Output by Project Type (Real, $ Million), 2021-30
Figure 20: Peru, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 21: Peru, Manufacturing Value-add (PEN Million, 2007 Constant Prices)
Figure 22: Peru, Total Export Value ($ Million)
Figure 23: Peru, Extraction of Oil, Gas, Minerals, and Related Services Value-add (PEN Million, 2007 Constant Prices)
Figure 24: Peru, Infrastructure Construction Output by Project Type (Real, $ Million), 2021-30
Figure 25: Peru, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 26: Peru, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021-30
Figure 27: Peru, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 28: Peru, Electricity, Gas, and Water Services Value-add (PEN Million, 2007 Constant Prices)
Figure 29: Peru, Telecommunication and Other Information Services Value-add (PEN Million, 2007 Constant Prices)
Figure 30: Peru, Institutional Construction Output by Project Type (Real, $ Million), 2021-30
Figure 31: Peru, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 32: Peru, Public Administration and Defense Sector Value-add (PEN Million, 2007 Constant Prices)
Figure 33: Peru, Residential Construction Output by Project Type (Real, $ Million), 2021-30
Figure 34: Peru, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 35: Peru, Hedonic Property Price Index
Figure 36: Peru, Apartment Sales Price Indicator (Quarterly Median Average Of 2009 Constant Prices per m2)
Figure 37: Peru, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 38: Peru, Headquarters of Key Consultants (% of Total Project Pipeline)

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€1376EUR$1,495USD£1,149GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€2063EUR$2,242USD£1,723GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€2751EUR$2,990USD£2,298GBP