Peru Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (H1 2026)
Description
Peru Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (H1 2026)
Summary
The Peruvian construction industry is expected to expand by 4.2% in real terms in 2026, supported by rising private investments in mining projects, an increase in export activities and public investments in the country’s transport infrastructure. According to the Instituto Nacional de Estadística e Informática (INEI), Peru’s gross fixed capital formation in construction grew by 9% year-on-year (YoY) in Q4 2025, preceded by YoY growth of 6.5% in Q3 and 4.8% in Q2 2025. Moreover, Peru’s construction industry’s output in 2026 will be driven by government investments as part of its 2026 Budget. The government allocated PEN48.7 billion ($13.2 billion) for the education sector and PEN33 billion ($9 billion) for healthcare, along with an additional PEN7.7 billion ($2.1 billion) to Peru’s Transport and Communications Ministry (MTC) for the implementation of 355 projects; an increase from PEN7.4 billion ($2 billion) for 341 projects in 2025. Furthermore, the country’s mining exports amounted to PEN155.3 billion ($42.1 billion) over the first nine months of 2025, according to Peru’s National Society of Mining, Petroleum and Energy (SNMPE); an increase of 20.6% compared to the same period of 2024. However, elevated fuel prices and logistics disruptions following the US-Israel war with Iran are significantly expected to impact Peru's construction industry in the short term, primarily through inflated material costs and severe project delays.
Over the remainder of the forecast period, the Peruvian construction industry is expected to grow at an average annual growth rate of 3.6% between 2027 and 2030, supported by an increase in public spending to enhance the water infrastructure, coupled with mining, transportation and renewable energy projects. Among the recent developments, the Peruvian government is planning to invest approximately PEN11.1 billion ($3 billion) in 11 strategic water and sanitation projects for Lima and Callao between 2026 and 2030, using Public-Private Partnerships (PPPs). Of the total, seven are Drinking Water Treatment Plants (DWTPs) and the remaining four are Wastewater Treatment Plants (WWTPs), which are aimed at benefiting four million people in the regions. In December 2025, the Inter-American Development Bank (IDB) also approved a loan worth PEN1.1 billion ($307.8 million) to support the development of a project, which involves the improvement and expansion to urban wastewater treatment and stormwater drainage services in the city of Juliaca. Growth over the forecast period will also be driven by the government’s plan to start the construction of 12 new mining projects across several provinces by the end of 2026, which involves an estimated investment of PEN41.7 billion ($11.3 billion).
GlobalData’s Construction in Peru - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into the Peruvian construction industry, including -
This report provides a comprehensive analysis of the construction industry in Peru. It provides -
Summary
The Peruvian construction industry is expected to expand by 4.2% in real terms in 2026, supported by rising private investments in mining projects, an increase in export activities and public investments in the country’s transport infrastructure. According to the Instituto Nacional de Estadística e Informática (INEI), Peru’s gross fixed capital formation in construction grew by 9% year-on-year (YoY) in Q4 2025, preceded by YoY growth of 6.5% in Q3 and 4.8% in Q2 2025. Moreover, Peru’s construction industry’s output in 2026 will be driven by government investments as part of its 2026 Budget. The government allocated PEN48.7 billion ($13.2 billion) for the education sector and PEN33 billion ($9 billion) for healthcare, along with an additional PEN7.7 billion ($2.1 billion) to Peru’s Transport and Communications Ministry (MTC) for the implementation of 355 projects; an increase from PEN7.4 billion ($2 billion) for 341 projects in 2025. Furthermore, the country’s mining exports amounted to PEN155.3 billion ($42.1 billion) over the first nine months of 2025, according to Peru’s National Society of Mining, Petroleum and Energy (SNMPE); an increase of 20.6% compared to the same period of 2024. However, elevated fuel prices and logistics disruptions following the US-Israel war with Iran are significantly expected to impact Peru's construction industry in the short term, primarily through inflated material costs and severe project delays.
Over the remainder of the forecast period, the Peruvian construction industry is expected to grow at an average annual growth rate of 3.6% between 2027 and 2030, supported by an increase in public spending to enhance the water infrastructure, coupled with mining, transportation and renewable energy projects. Among the recent developments, the Peruvian government is planning to invest approximately PEN11.1 billion ($3 billion) in 11 strategic water and sanitation projects for Lima and Callao between 2026 and 2030, using Public-Private Partnerships (PPPs). Of the total, seven are Drinking Water Treatment Plants (DWTPs) and the remaining four are Wastewater Treatment Plants (WWTPs), which are aimed at benefiting four million people in the regions. In December 2025, the Inter-American Development Bank (IDB) also approved a loan worth PEN1.1 billion ($307.8 million) to support the development of a project, which involves the improvement and expansion to urban wastewater treatment and stormwater drainage services in the city of Juliaca. Growth over the forecast period will also be driven by the government’s plan to start the construction of 12 new mining projects across several provinces by the end of 2026, which involves an estimated investment of PEN41.7 billion ($11.3 billion).
GlobalData’s Construction in Peru - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into the Peruvian construction industry, including -
- The Peruvian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Peruvian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in Peru. It provides -
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Peru, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
60 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 8 About GlobalData
- 9 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Peru, Key Economic Indicators
- Table 3: Peru, Commercial Construction Output by Project Type (Real % Change), 2021–30
- Table 4: Peru, Top Commercial Construction Projects by Value
- Table 5: Peru, Industrial Construction Output by Project Type (Real % Change), 2021–30
- Table 6: Peru, Top Industrial Construction Projects by Value
- Table 7: Peru, Infrastructure Construction Output by Project Type (Real % Change), 2021–30
- Table 8: Peru, Top Infrastructure Construction Projects by Value
- Table 9: Peru, Energy and Utilities Construction Output by Project Type (Real % Change), 2021–30
- Table 10: Peru, Top Energy and Utilities Construction Projects by Value
- Table 11: Peru, Institutional Construction Output by Project Type (Real % Change), 2021–30
- Table 12: Peru, Top Institutional Construction Projects by Value
- Table 13: Peru, Residential Construction Output by Project Type (Real % Change), 2021–30
- Table 14: Peru, Top Residential Construction Projects by Value
- Table 15: Peru, Key Contractors
- Table 16: Peru, Key Consultants
- Table 17: Peru, Construction Output Value (Real, $ Million)
- Table 18: Peru Construction Output Value (Nominal, PEN Million)
- Table 19: GlobalData Construction Market Definitions
- Table 20: GlobalData Construction Market Definitions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Latin America, Construction Output (Real % Change), 2024–30
- Figure 2: Peru, Construction Output by Sector (Real % Change), 2024–26 and 2027–30
- Figure 3: Peru, Risk Summary
- Figure 4: Peru, Risk Regional Comparison
- Figure 5: Peru, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021–30
- Figure 6: Peru, Construction Output Value, by Sector (Real, $ Million), 2021–30
- Figure 7: Peru, Construction Value-add (PEN Million, 2007 Constant Prices)
- Figure 8: Peru, Gross Fixed Capital Formation in Construction (PEN Million, 2007 Constant Prices)
- Figure 9: Peru, Construction Materials Price Index (2013=100)
- Figure 10: Peru, Monthly Unemployment in Metropolitan Lima (Three-Month Moving Average)
- Figure 11: Peru, Business Situation Index
- Figure 12: Peru, Domestic Cement Consumption (12-month Change %)
- Figure 13: Peru, Construction Projects Momentum Index
- Figure 14: Latin America, Construction Projects Momentum Index
- Figure 15: Peru, Commercial Construction Output by Project Type (Real, $ Million), 2021–30
- Figure 16: Peru, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 17: Peru, Accommodation and Restaurants Services Value-add (PEN Million, 2007 Constant Prices)
- Figure 18: Peru, Total International Tourist Arrivals
- Figure 19: Peru, Industrial Construction Output by Project Type (Real, $ Million), 2021–30
- Figure 20: Peru, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 21: Peru, Manufacturing Value-add (PEN Million, 2007 Constant Prices)
- Figure 22: Peru, Total Export Value ($ Million)
- Figure 23: Peru, Extraction of Oil, Gas, Minerals, and Related Services Value-add (PEN Million, 2007 Constant Prices)
- Figure 24: Peru, Infrastructure Construction Output by Project Type (Real, $ Million), 2021–30
- Figure 25: Peru, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 26: Peru, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021–30
- Figure 27: Peru, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 28: Peru, Electricity, Gas, and Water Services Value-add (PEN Million, 2007 Constant Prices)
- Figure 29: Peru, Telecommunication and Other Information Services Value-add (PEN Million, 2007 Constant Prices)
- Figure 30: Peru, Institutional Construction Output by Project Type (Real, $ Million), 2021–30
- Figure 31: Peru, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 32: Peru, Public Administration and Defense Sector Value-add (PEN Million, 2007 Constant Prices)
- Figure 33: Peru, Residential Construction Output by Project Type (Real, $ Million), 2021–30
- Figure 34: Peru, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 35: Peru, Hedonic Property Price Index
- Figure 36: Peru, Apartment Sales Price Indicator (Prices per square meter of apartments in PEN)
- Figure 37: Peru, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 38: Peru, Headquarters of Key Consultants (% of Total Project Pipeline)
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