Poland Construction Market by Type (Renovation and New Construction), and by Sector (Real Estate, Infrastructure, and Industrial)–Opportunity Analysis and Industry Forecast, 2024–2041
The Poland Construction Market size was valued at USD 100.75 billion in 2023, and is predicted to reach USD 130.88 billion by 2030, at a CAGR of 2.9% from 2024 to 2030.
The construction sector in this country is presently undergoing considerable growth, largely propelled by a significant increase in investments in extensive projects and infrastructure initiatives. Highlighted examples from 2023 encompass the Rybnik Gas Fired Power Plant (882 MW), the A2 Motorway: Siedlce to Biala Podlaska, the DK-8 Road Upgrade: Bialystok-Augustow, the Wroclaw Oncology Hospital, and the Ogrody Geyera Apartment Complex. These flagship endeavors serve as key drivers for advancing the construction market within the nation, indicating a promising trajectory for the industry's expansion.
However, the construction industry grapples with significant hurdles stemming from the complex network of government regulations and permitting processes. These processes often entail obtaining numerous approvals from various levels of authority, including local, regional, and national bodies. Such regulatory challenges encompass a broad spectrum of requirements, ranging from zoning regulations and environmental assessments to compliance with building codes and safety standards. Delays in permit acquisition, bureaucratic inefficiencies, and inconsistencies in regulations across different jurisdictions can substantially prolong project timelines and inflate costs. Moreover, fluctuations in regulations or sudden policy changes disrupt ongoing projects and discourage potential investments. For instance, the United States Environmental Protection Agency (EPA) regulates various aspects of the construction sector, including air quality, waste disposal, and water regulations, offering compliance assistance resources for environmental responsibilities throughout different construction phases.
On the other hand, the construction sector is undergoing a paradigm shift driven by digitalization and the adoption of Building Information Modeling (BIM). These innovations are revolutionizing project management processes by seamlessly integrating advanced technologies to enhance efficiency, accuracy, and collaboration. BIM, an advanced 3D modeling tool, empowers stakeholders to create and manage digital representations of structures and infrastructure, thereby facilitating enhanced coordination and communication among project teams. For example, in September 2022, the National Institute of Building Sciences (NIBS) introduced the U.S. National Building Information Management (BIM) Program, with the goal of modernizing the construction industry and achieving unprecedented levels of industrial efficiency through digitalization. This initiative aims to tackle the insufficient digitalization in the U.S. construction sector, that impedes the optimization of work processes to enhance efficiency, cost-effectiveness, resilience, and safety in construction and maintenance activities.
KEY BENEFITSThe Poland construction industry is segmented based on type, and sector.
Based on type, the market is segmented renovation and new construction.
Based on sector, the market is divided into real estate, infrastructure, and industrial.
Key Market PlayersLeading players operating in the Poland construction industry include:• China State Construction Engineering Corp. Ltd. (CSCEC)
• China Railway Group Ltd. (CREC)
• China Railway Construction Corp. Ltd. (CRCC)
• China Communications Construction Group Ltd. (CCCC)
• Metallurgical Corporation of China Ltd. (MCC)
• Power Construction Corp. of China
• Vinci SA
• China Energy Engineering Corp. (CEEC)
• Shanghai Construction Group (SCG)
• Bouygues Group
KEY BENEFITS• The Poland construction market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the Poland construction market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.