Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries, 2022-2026

Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries, 2022-2026

Summary

This report provides a detailed analysis of the prospects for the global construction industry up to 2026.

GlobalData has sharply revised down the outlook for growth in the global construction industry. Although a slowdown in construction output growth had been expected this year, the severity of the decline across major markets around the world has been much steeper than previously anticipated, and policy responses to the surge in inflation have been more aggressive than predicted. The global economic outlook has also turned markedly gloomy, with several shocks hitting major markets that were already in a relatively fragile state emerging from the disruption caused by the COVID-19 pandemic. Inflation has soared amid surging energy costs and supply chain disruptions that have been exacerbated by the impact of Russia’s invasion of Ukraine. Attempting to calm inflationary pressures, central banks around the work have been tightening monetary policy by raising interest rates, which is set to constrain investment growth.

Scope

• An overview of the outlook for the global construction industry to 2026.
• Analysis of the outlook for the construction industry in major global regions: North America, Latin America, Western Europe, Eastern Europe, South Asia, South-East Asia, North-East Asia, Australasia, the Middle East and North Africa, and Sub-Saharan Africa.
• A comprehensive benchmarking of 91 leading construction markets according to construction market value and growth
• Analysis of the latest data on construction output trends in key markets.

• Evaluate regional construction trends from insight on output values and forecast data to 2026. Identify the fastest growers to enable assessment and targeting of commercial opportunities in the markets best suited to strategic focus.
• Identify the drivers in the global construction market and consider growth in emerging and developed economies. Formulate plans on where and how to engage with the market while minimizing any negative impact on revenues.