The analyst estimates the Italian construction industry to contract in real terms by 1.5% in 2026, owing to a reduced government spending, weak business sentiment, coupled with high inflation amid the Middle-east war and, high public debt. According to the Italian National Institute of Statistics (Istat), the total floor area for non-residential buildings issued fell by 0.4% in 2025. According to Istat, the business confidence index in the construction industry declined by 2.1% year on year (YoY) during the first five months of 2026, following an annual decline of 0.6% in 2025. According to Eurostat, the bankruptcy index in the construction industry rose by 23.8% in 2025, while the business registration index fell by 4.7% over the same period.
Over the remainder of the forecast period, the Italian construction industry is expected to recover at an average annual rate of 1.7% between 2027 and 2030, supported by government and private sector investments in renewable energy, and transport infrastructure, coupled with investment under the country’s National Hydrogen Strategy, which aims to install 5GW of electrolysis facilities in the country by 2030 and make Italy a European hydrogen hub by 2050. According to the National Energy and Climate Plan (NECP) released in July 2023, Italy’s government is aiming to achieve an ambitious goal of having around 131GW of total renewable capacity by 2030, compared to 58GW in 2021, with approximately 79GW coming from solar and 28GW from wind energy sources.
Over the remainder of the forecast period, the Italian construction industry is expected to recover at an average annual rate of 1.7% between 2027 and 2030, supported by government and private sector investments in renewable energy, and transport infrastructure, coupled with investment under the country’s National Hydrogen Strategy, which aims to install 5GW of electrolysis facilities in the country by 2030 and make Italy a European hydrogen hub by 2050. According to the National Energy and Climate Plan (NECP) released in July 2023, Italy’s government is aiming to achieve an ambitious goal of having around 131GW of total renewable capacity by 2030, compared to 58GW in 2021, with approximately 79GW coming from solar and 28GW from wind energy sources.
The Construction in Italy - Key Trends and Opportunities to 2030 (Q2 2026) report provides detailed market analysis, information, and insights into the Italian construction industry, including:
- The Italian 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 Italian 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 Italy. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Italy, 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
