Global Construction Industry Market Size & Forecast - by Value and Volume (area and units), 40+ Market Segments Across Residential, Commercial, Industrial, Institutional, Infrastructure Construction, City Level Construction by Value and Construction Cost

This report provides a detailed data-centric analysis of the global construction sector, offering a comprehensive view of market opportunities in the building and infrastructure construction industry at the country level. With over 100+ KPIs covering growth dynamics in building and infrastructure construction, construction cost structure analysis, and analysis by key cities, this databook provides a wealth of data-centric analysis with charts and tables, ensuring stakeholders are fully informed.

It offers a comprehensive analysis of market dynamics in the construction sector through a range of KPIs such as value, volume, and number of units. The building construction covers detailed segmentation over 30+ segments in residential, commercial, industrial, and institutional sectors.

ConsTrack360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.

This title from ConsTrack360 a bundled offering, comprising 15 country reports.

Country Report 1 - United Arab Emirates Construction Industry Databook Series
Country Report 2 - Qatar Construction Industry Databook Series
Country Report 3 - China Construction Industry Databook Series
Country Report 4 - India Construction Industry Databook Series
Country Report 5 - Australia Construction Industry Databook Series
Country Report 6 - South Korea Construction Industry Databook Series
Country Report 7 - Indonesia Construction Industry Databook Series
Country Report 8 - Philippines Construction Industry Databook Series
Country Report 9 - Bangladesh Construction Industry Databook Series
Country Report 10 - Vietnam Construction Industry Databook Series
Country Report 11 - Germany Construction Industry Databook Series
Country Report 12 - United Kingdom Construction Industry Databook Series
Country Report 13 - Brazil Construction Industry Databook Series
Country Report 14 - Russia Construction Industry Databook Series
Country Report 15 - United States Construction Industry Databook Series

Key Insights

Global Residential Construction Industry
The global residential construction sector presents robust growth opportunities driven by urban densification, technological innovation, and strong public-private collaboration. Modernization and green building practices offer new revenue streams and market differentiation.Inflationary pressures, supply chain disruptions, and regulatory fragmentation continue to pose risks that require agile, localized strategies. Geopolitical uncertainties and funding volatility further underscore the need for robust risk management and diversified financing models.To capture long-term value, stakeholders should prioritize technological integration, sustainable practices, and strategic partnerships. A proactive, adaptive approach—supported by government incentives—is essential to maintaining a competitive advantage in an evolving global market.

Macroeconomic Factors
• Rising inflation and escalating material prices in markets such as the US, Europe, and Asia significantly drive up residential construction costs. Labor shortages and persistent supply chain disruptions further exacerbate budget pressures, prompting developers to reassess project economics.
• Rapid urbanization and demographic shifts are spurring demand for affordable, energy-efficient housing in Southeast Asia and Eastern Europe regions. Innovations in modular construction and alternative financing models are emerging as developers seek to balance cost pressures with quality and speed.
• Regulatory complexities and lengthy approval processes remain significant hurdles in diverse markets, from Latin America to Europe. Geopolitical uncertainties and economic volatility—exemplified by Brexit and trade disputes—add further risks to funding availability and market forecasts.

Project Landscape
• Major redevelopment initiatives are underway in urban centers such as New York, Berlin, and Singapore, where high-density, mixed-use residential complexes are leading market transformations. Emerging projects in developing regions, such as affordable housing schemes in India and urban regeneration in Brazil, signal strong growth potential.
• While private investments drive much of the market, government-led programs and subsidies remain crucial in addressing European and Southeast Asian housing shortages. Collaborative public-private partnerships (PPPs) are increasingly common, particularly in markets where affordability and urban renewal are priorities.
• Despite regional disparities, Significant budget commitments from governments and private investors have created a positive investment outlook. Recent allocations in markets such as Spain and South Korea have spurred innovative financing models to support sustainable residential growth globally.

Government Policies & Programs
• National housing strategies in the US, Germany, and China emphasize modernizing aging housing stock and promoting energy efficiency. Urban renewal programs and targeted subsidies for affordable housing are central to government agendas in many regions.
• Incentive schemes such as tax breaks, reduced tariffs on construction materials, and energy efficiency grants are prevalent in Scandinavia, Central Europe, and Asia. To reduce bureaucratic delays, digital platforms for planning approvals and streamlined permitting processes are being rolled out.
• Federal frameworks in countries with decentralized governance (e.g., the US and Germany) set broad objectives, while state or local governments tailor policies to local market conditions. This multi-tiered approach ensures that initiatives remain flexible and responsive to regional housing needs.

Industry-Specific Developments
• Adopting Building Information Modeling (BIM), prefabrication, and modular construction is transforming project delivery in markets such as the Netherlands, South Korea, and the US. Digital platforms for project management enhance collaboration, reduce waste, and accelerate construction timelines.
• Green certifications such as LEED, BREEAM, and local standards are becoming integral, with an increasing focus on energy-efficient designs and renewable energy integrations in regions from Scandinavia to Asia-Pacific. Smart home technologies and sustainable materials create competitive advantages and long-term cost savings.
• Upskilling initiatives and vocational training programs are being launched worldwide—from the UK to Japan—to address the skilled labor shortage in modern construction techniques. Collaborations between industry and educational institutions are critical for sustaining long-term growth and enhancing productivity.

Global Commercial Construction
Global commercial construction offers strong growth potential driven by urban renewal, digital transformation, and innovative design concepts. The sector is poised for long-term expansion as companies invest in next-generation workspaces and retail environments.Persistent inflation, regulatory complexities, and supply chain volatility pose significant risks that require adaptive management. Shifting tenant expectations and market dynamics demand continuous innovation and agile operational strategies.To capitalize on emerging opportunities, stakeholders should invest in digital transformation, sustainable practices, and flexible financing models. A collaborative approach between public and private sectors will be crucial for overcoming challenges and achieving sustained growth.

Macroeconomic Factors
• Rising inflation and increased construction costs in global financial hubs such as London, New York, and Tokyo significantly impact commercial projects. Escalating prices for materials and labor compresses profit margins and increases overall project budgets.
• Demand for smart, digitally integrated office spaces and modern retail centers is rising globally, driven by technological advancements and evolving consumer behaviors. The shift towards hybrid work models and flexible commercial spaces prompts a reimagining of traditional office designs.
• Currency fluctuations, post-Brexit regulatory changes, and persistent supply chain issues present ongoing risks to commercial projects. Market volatility and evolving tenant preferences necessitate agile and innovative approaches to secure long-term returns.

Project Landscape
• High-profile commercial developments, such as new office complexes in London’s Canary Wharf and mixed-use projects in Dubai and Shanghai, are setting new benchmarks in the industry. Urban regeneration and retail modernization initiatives are also progressing in cities such as Paris, Milan, and Singapore.
• Private investments predominantly drive the commercial construction sector, though public sector initiatives play a role in urban regeneration and infrastructure renewal. Public-private partnerships (PPPs) are emerging in several markets to revitalize urban areas and improve commercial vitality.
• Robust capital inflows from multinational corporations and institutional investors fuel significant growth despite inflationary pressures. Favorable financing conditions and strategic government incentives support large-scale global investments in major business districts.

Government Policies & Programs
• Governments in countries such as the US, Germany, and South Korea are implementing urban regeneration and smart city initiatives to boost commercial construction. National and regional policies emphasize upgrading urban infrastructure to support modern commercial developments.
• Incentives, including tax reductions, expedited permitting, and grants for energy-efficient retrofits, are widely available in markets such as Europe and Asia-Pacific. Regulatory reforms to reduce bureaucratic hurdles and streamline zoning processes facilitate faster project delivery.
• Federal directives set overarching policies in developed markets with multi-level governance while state or local authorities implement tailored solutions. This coordinated approach ensures that commercial construction projects align with national objectives and local market dynamics.

Industry-Specific Developments
• Integrating IoT, smart building management systems, and advanced facility management software is revolutionizing commercial construction across global markets. Digital transformation tools, such as virtual design and construction (VDC), enhance efficiency and reduce time-to-market.
• Adopting green building certifications such as LEED and BREEAM is becoming standard practice, significantly focusing on reducing carbon footprints in new projects. Retrofitting existing structures with energy-efficient technologies is gaining momentum in markets such as North America and Europe.
• Targeted upskilling programs and industry-led training initiatives address commercial construction's digital and sustainability skills gap. Collaboration between technical institutions and industry associations is critical for ensuring a future-ready workforce.

Global Institutional Construction
Global institutional construction presents significant opportunities for enhancing public services and driving long-term societal benefits. Modernization initiatives in education and healthcare can transform community well-being and economic resilience.Funding constraints, bureaucratic inefficiencies, and policy uncertainties remain significant hurdles that could delay project implementation. Addressing these challenges requires coordinated public-private efforts and innovative financing models. To maximize project impact, stakeholders should foster strategic partnerships, leverage digital innovations, and prioritize sustainability. A proactive approach to institutional modernization is essential for achieving lasting societal and economic benefits.

Macroeconomic Factors
• Institutional construction—including schools, hospitals, and government facilities—faces significant cost pressures in markets across the US, Europe, and emerging economies. Rising material prices and constrained public budgets are challenging the feasibility and pace of modernization projects.
• A global push to modernize public institutions is driven by the need to update aging infrastructure and integrate digital technologies. Digital transformation, such as e-learning and telemedicine, is reshaping construction requirements in the education and healthcare sectors.
• Funding constraints, bureaucratic delays, and complex approval processes are persistent challenges in institutional projects. Dependence on public funding and donor support in certain regions increases the risk of project disruptions amid economic uncertainties.

Project Landscape
• High-profile projects such as new university campuses in the US and modern hospitals in Europe and Asia exemplify the global institutional transformation. Public service building upgrades in developing regions also prioritize modern, technology-enabled facilities.
• While government funding remains the backbone of institutional construction, public-private partnerships (PPPs) are gaining traction in countries such as Australia and the UK to expedite project delivery. Increased collaboration between local authorities and private investors enhances resource allocation and operational efficiency.
• Despite fiscal constraints in some regions, steady budget allocations and growing international support drive a positive investment outlook. Long-term investments in education and healthcare infrastructure are essential for social and economic progress.

Government Policies & Programs
• National strategies to upgrade educational and healthcare facilities are central to institutional construction in markets such as the UK, France, and Japan. Programs focused on digital transformation in public institutions are also emerging to meet modern service demands.
• Subsidies, low-interest loans, and streamlined procurement processes are widely implemented in many countries to accelerate institutional construction. Recent regulatory changes aim to reduce bureaucratic delays and enhance transparency in public spending.
• Central governments set the strategic framework for institutional projects, while local authorities tailor initiatives to meet community-specific needs. The interplay between national directives and state-level execution is critical for ensuring timely and effective project delivery.

Industry-Specific Developments
• Institutional construction is undergoing a digital revolution, integrating smart classrooms, telemedicine capabilities, and advanced facility management systems. Tools such as Building Information Modeling (BIM) enhance project planning and reduce execution time.
• Energy-efficient designs, adaptive reuse of existing structures, and green certifications are increasingly prioritized to reduce the environmental impact of public buildings. Sustainable practices not only lower operating costs but also improve overall building performance.
• Investments in training programs and collaborations with academic institutions are addressing the skills gap in modern construction techniques. Developing a workforce proficient in digital tools and sustainable practices is critical for future institutional growth.

Global Industrial Construction
Global industrial construction offers substantial potential for modernization, increased productivity, and enhanced competitiveness through digital transformation. Investments in automation and advanced technologies can unlock new efficiencies and market opportunities.Commodity price volatility, supply chain disruptions, and regulatory uncertainties remain key challenges that require proactive management. Geopolitical risks and economic fluctuations further underscore the need for diversified financing and agile operational strategies. To drive competitive advantage, stakeholders should prioritize digital innovation, sustainable practices, and targeted workforce development. Collaborative public-private efforts and agile financial strategies are essential for navigating risks and capturing growth in the industrial sector.

Macroeconomic Factors
• Global industrial construction faces rising costs driven by inflation in key markets such as China, the US, and emerging economies. Escalating prices for raw materials such as steel and cement put pressure on project margins and investment returns.
• The drive for automation, smart manufacturing, and digital integration is transforming industrial facility design and construction worldwide. Modernization initiatives focused on increasing operational efficiency and energy conservation are becoming a top priority for manufacturers.
• Supply chain disruptions, commodity price volatility, and geopolitical uncertainties present significant risks to industrial construction projects. These factors necessitate robust risk management strategies and adaptive planning to safeguard investments.

Project Landscape
• New manufacturing plants, logistics hubs, and technology parks are being developed in regions such as Asia, Europe, and North America to support growing industrial demand. These projects aim to modernize existing facilities and enhance global competitiveness.
• Private sector investments from multinational corporations and local conglomerates primarily drive the industrial construction landscape. Public initiatives and EU-funded programs also support industrial competitiveness in certain regions.
• Significant capital investments and favorable government incentives foster a positive outlook for industrial construction globally. Strategic investments in automation and digital technologies are key drivers for long-term growth in this sector.

Government Policies & Programs
• National industrial strategies in countries such as Germany, South Korea, and the US focus on enhancing manufacturing competitiveness through infrastructure modernization and technology adoption. These initiatives are supported by broader economic recovery programs that prioritize industrial growth.
• Incentive schemes, including tax breaks, duty exemptions, and grants for advanced technology adoption, are prevalent in major industrial markets. Regulatory reforms aimed at streamlining environmental and safety standards are creating a more favorable operating environment.
• In regions with multi-level governance, national directives provide overarching policy frameworks, while state or regional authorities customize initiatives to support local industrial clusters. This coordinated approach ensures targeted support and sustainable growth.

Industry-Specific Developments
• Cutting-edge technologies such as robotics, automation, and digital twin simulations are revolutionizing industrial construction by improving efficiency and safety. These innovations enable precise project planning, reduced downtime, and enhanced operational performance.
• Energy-efficient designs, circular economy practices, and renewable energy integrations are standard features in new industrial projects. Companies are increasingly adopting green certifications to reduce environmental impact and operating costs.
• The sector invests in vocational training and upskilling programs to bridge the technical skills gap, particularly in advanced manufacturing and digital construction. Collaboration between industry associations and technical institutes is crucial for developing a workforce supporting technological transformation.

Global Infrastructure Construction
Modernized infrastructure offers vast opportunities to boost economic connectivity, drive regional growth, and improve quality of life globally. Significant investments in digital and sustainable technologies can transform aging systems and create long-term value.High capital requirements, complex regulatory frameworks, and political uncertainties present substantial hurdles for infrastructure projects. Effective risk management and adaptive planning are essential to overcome these challenges and secure investments. Stakeholders must leverage digital innovations, sustainable practices, and collaborative policy frameworks to optimize returns and ensure resilient, future-proof infrastructure development. A balanced approach that integrates public investment with private sector dynamism is critical for achieving long-term success in the global infrastructure sector.

Macroeconomic Factors
• Large-scale infrastructure projects worldwide face significant cost pressures from escalating prices for materials, labor, and financing, particularly in markets such as the US, Europe, and emerging economies. These rising costs challenge the financial viability of mega-projects and demand more efficient cost management practices.
• There is a global push for modernizing transport, energy, and water infrastructure to support urbanization and economic recovery. Innovative, sustainable solutions are being adopted to replace aging systems and enhance regional connectivity.
• Funding gaps, political uncertainties, and complex regulatory environments present major hurdles for infrastructure projects. Currency fluctuations and geopolitical risks add further volatility, necessitating robust risk management and adaptive planning.

Project Landscape
• Major infrastructure initiatives include European high-speed rail networks, urban transit upgrades in North America, and extensive road network improvements in Asia and Africa. These projects are designed to enhance connectivity, stimulate economic growth, and improve quality of life.
• While government investments predominantly lead to infrastructure construction, increasing private financing and donor support involvement is evident in PPP models worldwide. This blended funding approach is critical to bridging financing gaps and accelerating project delivery.
• Robust budget commitments from national governments and international financial institutions support a strong investment outlook for global infrastructure projects. Long-term forecasts indicate sustained growth in infrastructure spending, driven by the need for resilient, modernized systems.

Government Policies & Programs
• National infrastructure plans in countries such as the US, China, and several European nations are focused on modernizing transport, energy, and water systems to meet future demands. These initiatives are complemented by regional programs to enhance cross-border connectivity and sustainability.
• To stimulate investment, incentives for green infrastructure, reduced tariffs on construction materials, and streamlined permitting processes are being introduced globally. Recent regulatory reforms aim to simplify bureaucratic procedures and accelerate project timelines.
• Coordinated strategies between national directives and local government initiatives ensure that infrastructure projects meet both broad economic objectives and specific regional needs. This multi-layered governance approach creates a stable framework for large-scale project execution.

Industry-Specific Developments
• Advanced project management tools—such as digital twins, 3D modeling, and integrated planning platforms—revolutionize infrastructure project execution by enhancing accuracy and resource allocation. These innovations reduce project cycles and improve overall efficiency.
• Green building practices, including resilient design, renewable energy integration, and low-carbon materials, are becoming standard in new infrastructure projects. Environmental sustainability is a key focus for governments and developers seeking to meet regulatory standards and public expectations.
• Increasing demand for specialized skills in large-scale project management and digital construction techniques is increasing, prompting enhanced training and certification programs worldwide. Investment in human capital is critical to ensuring that the workforce is equipped to handle the challenges of modern infrastructure development.

Scope

Each country report covers the following:

• Market Data and Insights: This report provides market size and forecast across 40+ construction segments for ten years from 2019 – 2028. KPIs covered include the following:
• Market size by value
• Market size by volume of construction
• Number of units

• Economic Indicators

• Top Cities Construction Data

• Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Housing type (multi family, single family)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Price point/income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development & maintenance)

• Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Green building by Housing type (multi family, single family)
• Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Green building by Price point/income level (luxury, mid-tier, affordable)

• Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office (further broken down by Grade A, Grade B, and Grade C)
• Retail (further broken down by Grade A, Grade B, and Grade C)
• Hospitality (further broken down by Grade A, Grade B, and Grade C)
• Restaurant (further broken down by Grade A, Grade B, and Grade C)
• Entertainment
• Sports facility
• Other commercial building construction
• Construction stage (new construction, re-development & maintenance)

• Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office green building construction
• Retail green building construction
• Hospitality green building construction
• Restaurant green building construction
• Entertainment green building construction
• Sports facility green building construction
• Other commercial green building construction

• Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
• Manufacturing Plants building construction
• Chemical & Pharmaceutical building construction
• Metal & Material Processing building construction
• Construction stage (new construction, re-development & maintenance)

• Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare construction
• Educational construction
• Other building construction
• Construction stage (new construction, re-development & maintenance)

• Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare green building construction
• Educational green building construction

• Infrastructure Construction Sectors: 10-year market size & forecast in value terms by
• Marine and inland water infrastructure
• Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
• Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
• Construction stage (new construction, re-development & maintenance)

• Green Infrastructure Construction: 10-year market size & forecast in value terms

• Construction Cost Structure Analysis: 10-year market size & forecast in value terms
• Cost Analysis by Type (Material, Labour, Equipment, Others)
• By Material & Work Cost: It provides the cost outlook of material costs by type of materials used in construction (Cement, Steel, Sand, Aggregates, Bricks, Wood, Windows Glazing, Flooring, Plumbing, Electrical, Painting, Other Materials)
• By Labour Cost: It provides the cost outlook of labour costs (RCC Construction Work, Masonry and Plastering Work, Plumbing Work, Water Proofing Work, Carpentry Work, Electrical Work, Tile Fixing Work, CATV Antenna Points, Painting Work, Departmental Labour)
• By Type of Construction (New, Re-Development)
• By Material Cost: It provides the cost outlook of material costs by type of materials used in construction (Concreting Sand, Stone Aggregate, Ordinary Portland Cement, Reinforced Concrete (Grade 30 MPA), Reinforced Concrete (Grade 40 MPA), High Tensile Steel bars, Mild Steel Round Bars, Structural Steelwork, Plywood Formwork (1800*900*12mm), Clay Bricks)
• Type of Labour (Skilled vs. unskilled)
• Type of Labour (Skilled vs. unskilled)

Reasons to buy

• Comprehensive Insight into Construction Market Dynamics: Gain a deep understanding of the construction market, including opportunities, industry trends, and key drivers across over 40+ market segments and sub-segments.

• Detailed Analysis of Construction Costs: Explore construction costs broken down by type, including material and labor costs. The report provides detailed information on costs by construction type and worker.

• Top Ten Cities Construction Value: Access valuable data on the construction market size for major cities, focusing on key city-level sectors.

• In-Depth Volume and Value Data: Obtain a thorough understanding of the market from both value and volume perspectives, covering historical data and forecasts by activity and units.

• Strategic Market-Specific Insights: Formulate targeted strategies by identifying growth segments and opportunities and assessing key trends, drivers, and risks within the construction industry.

• City-Level Trend Analysis: Get detailed trend analyses for tier-1, tier-2, and tier-3 cities, offering actionable insights for urban-focused strategies. Show more