
Construction Market Size, Trends and Growth Forecast by Key Regions and Countries, 2022-2026
Description
Construction Market Size, Trends and Growth Forecast by Key Regions and Countries, 2022-2026
Summary
The global construction industry is confronting major challenges as it emerges from the widespread disruption caused by restrictions imposed to contain the spread of COVID-19. With the conflict in Ukraine set to persist in the coming quarters, the global economy will face severe headwinds amid high energy and commodity prices, supply chain bottlenecks, and worsening investor confidence. Amid rising inflation, central banks have been tightening monetary policy, but with inflation being driven by supply-side pressures, there is a growing risk that high interest rates will choke off the recovery from the pandemic. Global construction output is now projected to expand by 3.3% this year, a downward revision from 4.0% previously. This follows growth of 3.7% in 2021 and the contraction of 2.3% in 2020.
This report provides a detailed analysis of the prospects for the global construction industry up to 2026.
Scope
Summary
The global construction industry is confronting major challenges as it emerges from the widespread disruption caused by restrictions imposed to contain the spread of COVID-19. With the conflict in Ukraine set to persist in the coming quarters, the global economy will face severe headwinds amid high energy and commodity prices, supply chain bottlenecks, and worsening investor confidence. Amid rising inflation, central banks have been tightening monetary policy, but with inflation being driven by supply-side pressures, there is a growing risk that high interest rates will choke off the recovery from the pandemic. Global construction output is now projected to expand by 3.3% this year, a downward revision from 4.0% previously. This follows growth of 3.7% in 2021 and the contraction of 2.3% in 2020.
This report provides a detailed analysis of the prospects for the global construction industry up to 2026.
Scope
- An overview of the outlook for the global construction industry to 2026.
- Analysis of the outlook for the construction industry in major global regions: North America, Latin America, Western Europe, Eastern Europe, South Asia, South-East Asia, North-East Asia, Australasia, the Middle East and North Africa, and Sub-Saharan Africa.
- A comprehensive benchmarking of 91 leading construction markets according to construction market value and growth
- Analysis of the latest data on construction output trends in key markets.
- Evaluate regional construction trends from insight on output values and forecast data to 2026. Identify the fastest growers to enable assessment and targeting of commercial opportunities in the markets best suited to strategic focus.
- Identify the drivers in the global construction market and consider growth in emerging and developed economies. Formulate plans on where and how to engage with the market while minimizing any negative impact on revenues.
Table of Contents
92 Pages
- About GlobalData
- Global Construction Output Growth (Real, % Change), 2020-2026
- Figure 1: Global Construction Output Value (Real, 2017 US$ Billion), 2019-2026
- North America, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- Latin America, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- Middle East and North Africa, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- Sub-Saharan Africa, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- South-East Asia, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- South Asia, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- North-East Asia, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- Australasia, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- Western Europe, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
- Eastern Europe, Construction Output Value (Real, US$ 2017 Billion), 2016-2026
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