Egypt Construction Market Size to Surpass USD 139 Billion by 2031
Egypt Construction Market is flourishing because of the government’s significant investments in large infrastructure development programs and rapid urban development across the country.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Egypt Construction Market size at USD 74.42 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects the Egypt Construction Market size to boom at a significant CAGR of 9.35% reaching a value of USD 139.13 billion by 2031. Favorable investments and programs by the government, such as building the New Administrative Capital City near Cairo, as well as growing demand for residential complexes due to increased housing demand are major growth factors for Egypt Construction Market. The growing adoption of automation solutions in the building sector is also projected to propel the Egypt Construction Market during the period in analysis.
Opportunity - Increasing investments in construction sector
Building and construction is one of the most lucrative sectors in Egypt. As a result, the sector has been significantly attracting major investments from the government, private players, and international investors. For instance, Abu Dhabi based ADQ announced a USD 35-billion investment in the Ras El-Hekma development project on the North Coast of Egypt. The Egyptian Electricity Transmission Company (EETC) has also stated its large 10 GW clean power generation plan for setting up the USD 10-billion worth wind farm in West Suhag. Increasing investments in large infrastructure development projects are expected to boost the growth of Egypt Construction Market in the coming years.
Impact of Escalating Geopolitical Tensions on Egypt Construction Market
The geopolitical tensions could hinder the growth of the Egypt Construction Market. For instance, escalating geopolitical tensions in Israel and across the Middle East region have resulted in the disruptions of international shipping and supply chains of construction materials in Egypt as well. The hindrance to commercial shipping in the Red Sea and Gulf of Aden caused a significant spike in the cost of construction materials due to increased shipping costs which have disrupted the overall growth of the Egypt Construction Market.
Building & Construction Segment Leads Egypt Construction Market
Based on construction type, Egypt Construction Market is segmented into building & construction, new, renovation, and repair & maintenance. The building & construction segment accounts for the highest market share in Egypt Construction Market by construction type. The growth of the segment is mainly attributed to the increasing construction of residential and non-residential buildings. The increasing housing demand in the Kingdom owing to rising population and accessibility to housing loans is directly influencing the building and construction of residential buildings, which is propelling its market growth.
Competitive Landscape
Major players operating in the Egypt Construction Market include Concord Engineering & Contracting, Consolidated Contractors Company, Emaar Properties, Hassan Allam Holding, Gama Construction, Kharafi National, Madkour Group, Orascom Construction, Palm Hills Developments, and The Arab Contractors. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Egypt Construction Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Egypt Construction Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Egypt Construction Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Government Significant Investments in Infrastructure, Urban Development
- 3.2.1.2. Rapid Urbanization in Egypt
- 3.2.1.3. Growing Population and Housing Demand
- 3.2.1.4. Government Initiatives to Promote Constructions
- 3.2.2. Restraints
- 3.2.2.1. Regulatory Complexity in Egypt
- 3.2.2.2. Lack of Skilled Labor
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Infrastructure Development
- 3.2.3.2. Increasing Adoption of Innovative Technologies like Building Information Modeling (BIM), Prefabrication, and 3D Printing
- 3.2.4. Challenges
- 3.2.4.1. Financing Infrastructure Projects
- 3.2.4.2. Ensuring Worker Safety and Improving Working Conditions
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Egypt Construction Market: Pricing Analysis
- 5. Egypt Construction Market: Marketing Strategies
- 6. Egypt Construction Market Overview
- 6.1. Market Size & Forecast, 2019–2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Sector
- 6.2.1.1. Commercial Construction
- 6.2.1.2. Residential Construction
- 6.2.1.3. Industrial Construction
- 6.2.1.4. Institutional Construction
- 6.2.1.5. Others
- 6.2.2. By Construction Type
- 6.2.2.1. Building & Construction
- 6.2.2.2. New
- 6.2.2.3. Renovation
- 6.2.2.4. Repair & Maintenance
- 6.2.3. By End User
- 6.2.3.1. Public
- 6.2.3.2. Private
- 7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. Egypt Construction Company Market Share Analysis, 2023
- 7.3. Competitive Benchmarking, By Operation Channel Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- 8. Impact of Escalating Geopolitical Tensions on Egypt Construction Market
- 9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. Concord Engineering & Contracting
- 9.2. Consolidated Contractors Company
- 9.3. Emaar Properties
- 9.4. Hassan Allam Holding
- 9.5. Gama Construction
- 9.6. Kharafi National
- 9.7. Madkour Group
- 9.8. Orascom Construction
- 9.9. Palm Hills Developments
- 9.10. The Arab Contractors
- 9.11. Other Prominent Players
- 10. Key Strategic Recommendations
- 11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Region
- 11.5. Assumption & Limitation
- *Financial information of non-listed companies will be provided as per availability
- **The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
- List of Figures
- Figure 1 Egypt Construction Market Segmentation
- Figure 2 Egypt Construction Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 Egypt Construction Market Size, By Value (USD Billion), 2019–2031
- Figure 5 Egypt Construction Market Share, By Sector, By Value (USD Billion) 2019–2031
- Figure 6 Egypt Construction Market Share, By Construction Type, By Value (USD Billion) 2019–2031
- Figure 7 Egypt Construction Market Share, By End User, By Value (USD Billion) 2019–2031
- List of Tables
- Table 1 Egypt Construction Market Size, By Value (USD Billion), 2019–2031
- Table 2 Egypt Construction Market Share, By Sector, By Value (USD Billion) 2019–2031
- Table 3 Egypt Construction Market Share, By Construction Type, By Value (USD Billion) 2019–2031
- Table 4 Egypt Construction Market Share, By End User, By Value (USD Billion) 2019–2031
- Table 5 Concord Engineering & Contracting Company Overview
- Table 6 Concord Engineering & Contracting Financial Overview
- Table 7 Consolidated Contractors Company: Company Overview
- Table 8 Consolidated Contractors Company Financial Overview
- Table 9 Emaar Properties Company Overview
- Table 10 Emaar Properties Financial Overview
- Table 11 Hassan Allam Holding Company Overview
- Table 12 Hassan Allam Holding Financial Overview
- Table 13 Gama Construction Company Overview
- Table 14 Gama Construction Financial Overview
- Table 15 Kharafi National Company Overview
- Table 16 Kharafi National Financial Overview
- Table 17 Madkour Group Company Overview
- Table 18 Madkour Group Financial Overview
- Table 19 Orascom Construction Company Overview
- Table 20 Orascom Construction Financial Overview
- Table 21 Palm Hills Developments Company Overview
- Table 22 Palm Hills Developments Financial Overview
- Table 23 The Arab Contractors Company Overview
- Table 24 The Arab Contractors Financial Overview
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