The construction industry in the Netherlands is expected to expand in real terms by 1.7% in 2025, supported by rising spending in the non-residential construction sector, coupled with investment in manufacturing and transportation projects. The Dutch construction industry is however expected to face headwinds in the short term due to rising construction costs and a decline in building permits. According to Statistics Netherlands (CBS) and the Land Registry, the housing cost for the existing houses increased by 10.9% year-on-year (YoY), in the first three months of 2025, followed by an annual growth of 8.7% in 2024. In another setback to the industry’s output, in March 2025, a Dutch construction company Bouwend Nederland reported that housing investment projects worth EUR138 billion ($150.4 billion) are on hold due to the nitrogen crisis. The industry's output in 2025 is also likely to be affected by uncertainty caused by the US trade war, which is likely to weigh on investor confidence and spending. The US's tariffs on European goods are also expected to negatively impact Dutch exports and business sentiment.
Over the remainder of the forecast period, the construction industry is expected to register an annual average growth of 2.8% between 2026 and 2029, supported by investments in the industrial, infrastructure, and residential sectors, coupled with the government's focus on reducing greenhouse gas (GHG) emissions, and becoming a net zero carbon emissions economy by 2050. In line with this, in February 2025, the European Commission approved the second payment request of EUR1.2 billion ($1.3 billion) to the Netherlands under the EU’s Recovery and Resilience Facility, which is a part of the broader NextGenerationEU initiative. This second instalment of the Netherlands’ EUR5.4 billion ($5.9 billion) recovery plan was granted after the country successfully met 15 milestones and six targets, including reforms in environmental taxation, investments in green hydrogen, and digitalization of healthcare systems. The funding aims to support the Dutch economy transition toward a greener economy, construct 90,000 housing units by 2030, and develop the healthcare sector. Forecast period growth will also be supported by public and private sector investments in transport infrastructure and the automobile sector, aligning with the government's goal to achieve 100% zero-emission vehicles (ZEV) in new car sales by 2030. The government also plans to invest EUR25 billion ($26.5 billion) to build new roads by 2028.
Over the remainder of the forecast period, the construction industry is expected to register an annual average growth of 2.8% between 2026 and 2029, supported by investments in the industrial, infrastructure, and residential sectors, coupled with the government's focus on reducing greenhouse gas (GHG) emissions, and becoming a net zero carbon emissions economy by 2050. In line with this, in February 2025, the European Commission approved the second payment request of EUR1.2 billion ($1.3 billion) to the Netherlands under the EU’s Recovery and Resilience Facility, which is a part of the broader NextGenerationEU initiative. This second instalment of the Netherlands’ EUR5.4 billion ($5.9 billion) recovery plan was granted after the country successfully met 15 milestones and six targets, including reforms in environmental taxation, investments in green hydrogen, and digitalization of healthcare systems. The funding aims to support the Dutch economy transition toward a greener economy, construct 90,000 housing units by 2030, and develop the healthcare sector. Forecast period growth will also be supported by public and private sector investments in transport infrastructure and the automobile sector, aligning with the government's goal to achieve 100% zero-emission vehicles (ZEV) in new car sales by 2030. The government also plans to invest EUR25 billion ($26.5 billion) to build new roads by 2028.
The Construction in the Netherlands - Key Trends and Opportunities to 2029 (H1 2025) report provides detailed market analysis, information and insights into the Dutch construction industry, including:
- The Dutch 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 Dutch 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 the Netherlands. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in the Netherlands, 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
