Oman Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

Oman Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

Summary

GlobalData’s Construction in Oman - Key Trends and Opportunities to 2028 (H2 2024) report provides detailed market analysis, information and insights into the Oman's construction industry, including -

  • The Oman's 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 Oman's construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
GlobalData estimates the construction industry in Oman to grow by 3.3% in real terms in 2024, as the industry is supported by rising foreign direct investment (FDI), especially in the manufacturing sector, as well as government investment into transport infrastructure and the tourism sector. According to the National Center for Statistical Information (NCSI), total FDI in the manufacturing sector rose by 41% year-on-year (YoY) in the first half of 2024, following an annual decline in 6.4% in 2023.

GlobalData then forecasts the Omani construction industry to expand at an annual average growth rate of 4.2% from 2025 to 2028. Growth in the country will be supported by rising government investments into renewable energy and transport infrastructure, in addition to the housing sector, all as part of the Oman Vision 2040 Plan. As part of the scheme, the Omani government is targeting to raise the share of renewable energy in the total electricity mix to 30% by 2030 and 70% by 2040, before reaching net zero emissions by 2050. While, in October 2024, the Ministry of Transport, Communications, and Information Technology (MTCIT) alongside the Tender Board's General Secretariat, announced that seven transport infrastructure projects totalling over OMR119 million ($309.5 million) had been awarded, all as part of the program. Construction works on all the projects is scheduled to be completed by the end of 2027

Scope

This report provides a comprehensive analysis of the construction industry in Oman. It provides -
  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Oman, 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 GlobalData's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors


1 Executive Summary
2 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 GlobalData
Contact Us
List of Tables
Table 1: Mexico Sugar Confectionery Market Value (MXN m) and Growth (Y-o-Y), 2018-23
Table 2: Mexico Sugar Confectionery Market Value (MXN m) and Growth (Y-o-Y), 2024-28
Table 3: Mexico Sugar Confectionery Market Value (USD m) and Growth (Y-o-Y), 2018-28
Table 4: Mexico Sugar Confectionery Market Value (MXN m) by Segments, 2018-23
Table 5: Mexico Sugar Confectionery Market Value (MXN m) by Segments, 2023-28
Table 6: Mexico Sugar Confectionery Market Value (USD m) by Segments, 2018-23
Table 7: Mexico Sugar Confectionery Market Value (USD m) by Segments, 2023-28
Table 8: Mexico Sugar Confectionery Market Volume (Kg m) and Growth (Y-o-Y), 2018-28
Table 9: Mexico Sugar Confectionery Market Volume (Kg m) by Segments, 2018-23
Table 10: Mexico Sugar Confectionery Market Volume (Kg m) by Segments, 2023-28
Table 11: Mexico Caramels and Toffees Market by Value (MXN m), 2018-28
Table 12: Mexico Caramels and Toffees Market by Value (USD m), 2018-28
Table 13: Mexico Caramels and Toffees Market by Volume (Kg m), 2018-28
Table 14: Mexico Gums and Jellies Market by Value (MXN m), 2018-23
Table 15: Mexico Gums and Jellies Market by Value (MXN m), 2024-28
Table 16: Mexico Gums and Jellies Market by Value (USD m), 2018-28
Table 17: Mexico Gums and Jellies Market by Volume (Kg m), 2018-28
Table 18: Mexico Hard Boiled Sweets Market by Value (MXN m), 2018-23
Table 19: Mexico Hard Boiled Sweets Market by Value (MXN m), 2024-28
Table 20: Mexico Hard Boiled Sweets Market by Value (USD m), 2018-28
Table 21: Mexico Hard Boiled Sweets Market by Volume (Kg m), 2018-28
Table 22: Mexico Liquorice Market by Value (MXN m), 2018-28
Table 23: Mexico Liquorice Market by Value (USD m), 2018-28
Table 24: Mexico Liquorice Market by Volume (Kg m), 2018-28
Table 25: Mexico Lollipops Market by Value (MXN m), 2018-28
Table 26: Mexico Lollipops Market by Value (USD m), 2018-28
Table 27: Mexico Lollipops Market by Volume (Kg m), 2018-28
Table 28: Mexico Medicated Confectionery Market by Value (MXN m), 2018-28
Table 29: Mexico Medicated Confectionery Market by Value (USD m), 2018-28
Table 30: Mexico Medicated Confectionery Market by Volume (Kg m), 2018-28
Table 31: Mexico Mints Market by Value (MXN m), 2018-28
Table 32: Mexico Mints Market by Value (USD m), 2018-28
Table 33: Mexico Mints Market by Volume (Kg m), 2018-28
Table 34: Mexico Other Sugar Confectionery Market by Value (MXN m), 2018-28
Table 35: Mexico Other Sugar Confectionery Market by Value (USD m), 2018-28
Table 36: Mexico Other Sugar Confectionery Market by Volume (Kg m), 2018-28
Table 37: Mexico Sugar Confectionery Market Value by Brands (MXN m), 2020-23
Table 38: Mexico Sugar Confectionery Market Value by Brands (USD m), 2020-23
Table 39: Mexico Sugar Confectionery Market Volume by Brands (Kg m), 2020-23
Table 40: Mexico Sugar Confectionery Market Value by Distribution Channel (MXN m), 2020-23
Table 41: Mexico Sugar Confectionery Market Value by Distribution Channel (USD m), 2020-23
Table 42: Category Definitions - Sugar Confectionery Market
Table 43: Distribution Channel Definitions Sugar Confectionery Market
Table 44: Volume Units for Sugar Confectionery Market
Table 45: Mexico Exchange Rate MXN - USD (Annual Average), 2018 - 2023
Table 46: Mexico Exchange Rate MXN - USD (Annual Average), 2024 - 2028 Forecast
List of Figures
Figure 1: Middle East and North Africa, Construction Output (Real % Change), 2022-28
Figure 2: Oman, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Oman, Risk Summary
Figure 4: Oman, Risk Regional Comparison
Figure 5: Oman, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
Figure 6: Oman, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Oman, Construction Value Add, Constant Prices (in OMR million)
Figure 8: Oman, Credit Issued for Construction Industry (OMR Billion), % Share of Total Loan
Figure 9: Oman, Total Foreign Direct Investment, Investment Volume (OMR Million)
Figure 10: Oman, Construction Projects Momentum Index
Figure 11: Middle East and North Africa, Construction Projects Momentum Index
Figure 12: Oman, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 13: Oman, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 14: Oman, Wholesale and Retail Trade Value Add, Constant Prices (OMR Million)
Figure 15: Oman, Accommodation and food services Value Add, Constant Prices
Figure 16: Oman, Credit Issued for Wholesale and Retail Trade Sector (OMR Billion), % Share of Total Loan
Figure 17: Oman, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 18: Oman, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 19: Oman, Manufacturing Value Add, Constant Prices (OMR million)
Figure 20: Oman, Mining and Quarrying Value Add, Constant Prices (OMR Million)
Figure 21: Oman, Credit Issued to the Manufacturing and Mining and Quarrying Sectors (OMR Billion)
Figure 22: Oman, Total Foreign Direct Investment, Investment Volume (OMR Million)
Figure 23: Oman, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 24: Oman, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 25: Oman, Transport & Storage Value Add, Constant Prices (OMR million)
Figure 26: Oman, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 27: Oman, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 28: Oman, Electricity & Water Supply; Sewerage, Waste Management and Remediation Value Add, Constant Prices (OMR million)
Figure 29: Oman, Total Foreign Direct Investment, Investment Volume (OMR Million)
Figure 30: Oman, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 31: Oman, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 32: Oman, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 33: Oman, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 34: Oman, Real Estate Value Add, Constant Prices (OMR million)
Figure 35: Oman, Total Foreign Direct Investment, Investment Volume (OMR Million)
Figure 36: Oman, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 37: Oman, Headquarters of Key Consultants (% of Total Project Pipeline)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings