Bangladesh Construction Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Bangladesh construction market is estimated to witness a CAGR of approximately 6.5% during the forecast period.
The COVID-19 pandemic hurt various industries. Public construction was one of the few industries that were maintained to some extent. Although activity will likely continue in the short term, the work is expected to halt soon, given various factors, including supply chain disruption, shortage of subcontractors and materials, and the termination of contracts to control expenses.
Key HighlightsThe report covers the major players operating in the Bangladesh construction market. The market is fragmented and expected to grow during the forecast period due to continued economic growth, an increase in demand for residential real estate in metropolitan cities, and a few other factors.
Some of the major players in the Bangladesh construction market are Western Engineering (Pvt.) Ltd, Mir Akhter Hossain Limited, Mazid Sons Constructions Ltd, etc. However, the market holds opportunities for small and medium players due to increasing government investments.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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