Russia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q4 2025)
Description
Russia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q4 2025)
Summary
GlobalData expects the Russian construction industry to rise in real terms by 1.7% in 2025, then to decline by 1.7% in 2026 and 0.4% in 2027, due to the effect of a prolonged Russia-Ukrainian war, lowering foreign trade, a decline in global oil prices, with added volatility from the recent US incursion into Venezuela, high inflation rates, and a weaker residential and industrial markets. According to the Federal State Statistics Service (Rosstat), the average industrial production index declined by 4.1% year on year (YoY) in the first ten months of 2025, while the average manufacturing production index declined by 5.8% YoY during the same period. Furthermore, the construction industry’s value-add registered slow growth of 1.4% YoY in Q3 2025, compared to growth of 2.7% YoY in Q2 and 7.3% YoY in Q1 2025, according to Rosstat.
Over the remainder of the forecast period, the Russian construction industry is projected to record an annual average growth rate of 2.7% between 2028 and 2029, supported by investments in oil and gas, industrial, transport infrastructure, and renewable energy projects. The government plans to raise the renewable energy capacity in the country from 6.6GW in 2024 to 18GW by 2035. Also, the Ministry of Energy, under the Development of Energy strategy (2025-27), plans to invest RUB176.5 billion ($1.8 billion) 2027. Of the total, RUB91.2 billion ($930 million) will be invested to improve the electricity grid, and RUB29.2 billion ($297.8 million) for the construction of liquefied Natural Gas (LNG) complexes and oil and gas infrastructure by 2027. Recently, in November 2025, Yekaterinburg Mayor Alexey Orlov approved the 2026-30 Municipal Program for Urban Development Management, aiming to ensure balanced and sustainable city growth. The plan focuses on mass housing, non-residential construction, and improving architectural quality, while maintaining a comfortable scale in existing areas. It includes developing street and road networks, unified urban design guidelines, and upgrading older residential zones to modern standards. Growth will also be supported by the road activity plan for 2025-30, approved earlier in March 2025, Under which, the government aims to construct and renovate more than 3,700km of highways, including 1,900km of federal highways and 1,7000km of regional roads, and also construct 50 bypasses with a total investment of RUB9.2 trillion ($93.8 billion) by 2030.
GlobalData’s Construction in Russia - Key Trends and Opportunities to 2029 (Q4 2025) report provides detailed market analysis, information, and insights into the Russian construction industry, including:
This report provides a comprehensive analysis of the construction industry in Russia. It provides-
Summary
GlobalData expects the Russian construction industry to rise in real terms by 1.7% in 2025, then to decline by 1.7% in 2026 and 0.4% in 2027, due to the effect of a prolonged Russia-Ukrainian war, lowering foreign trade, a decline in global oil prices, with added volatility from the recent US incursion into Venezuela, high inflation rates, and a weaker residential and industrial markets. According to the Federal State Statistics Service (Rosstat), the average industrial production index declined by 4.1% year on year (YoY) in the first ten months of 2025, while the average manufacturing production index declined by 5.8% YoY during the same period. Furthermore, the construction industry’s value-add registered slow growth of 1.4% YoY in Q3 2025, compared to growth of 2.7% YoY in Q2 and 7.3% YoY in Q1 2025, according to Rosstat.
Over the remainder of the forecast period, the Russian construction industry is projected to record an annual average growth rate of 2.7% between 2028 and 2029, supported by investments in oil and gas, industrial, transport infrastructure, and renewable energy projects. The government plans to raise the renewable energy capacity in the country from 6.6GW in 2024 to 18GW by 2035. Also, the Ministry of Energy, under the Development of Energy strategy (2025-27), plans to invest RUB176.5 billion ($1.8 billion) 2027. Of the total, RUB91.2 billion ($930 million) will be invested to improve the electricity grid, and RUB29.2 billion ($297.8 million) for the construction of liquefied Natural Gas (LNG) complexes and oil and gas infrastructure by 2027. Recently, in November 2025, Yekaterinburg Mayor Alexey Orlov approved the 2026-30 Municipal Program for Urban Development Management, aiming to ensure balanced and sustainable city growth. The plan focuses on mass housing, non-residential construction, and improving architectural quality, while maintaining a comfortable scale in existing areas. It includes developing street and road networks, unified urban design guidelines, and upgrading older residential zones to modern standards. Growth will also be supported by the road activity plan for 2025-30, approved earlier in March 2025, Under which, the government aims to construct and renovate more than 3,700km of highways, including 1,900km of federal highways and 1,7000km of regional roads, and also construct 50 bypasses with a total investment of RUB9.2 trillion ($93.8 billion) by 2030.
GlobalData’s Construction in Russia - Key Trends and Opportunities to 2029 (Q4 2025) report provides detailed market analysis, information, and insights into the Russian construction industry, including:
- The Russian 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 Russian 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 Russia. It provides-
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Russia, 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
48 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: Russia, Key Economic Indicators
- Table 3: Russia, Commercial Construction Output by Project Type (Real % Change), 2020–29
- Table 4: Russia, Top Commercial Construction Projects by Value
- Table 5: Russia, Industrial Construction Output by Project Type (Real % Change), 2020–29
- Table 6: Russia, Top Industrial Construction Projects by Value
- Table 7: Russia, Infrastructure Construction Output by Project Type (Real % Change), 2020-29
- Table 8: Russia, Top Infrastructure Construction Projects by Value
- Table 9: Russia, Energy and Utilities Construction Output by Project Type (Real % Change), 2020-29
- Table 10: Russia, Top Energy and Utilities Construction Projects by Value
- Table 11: Russia, Institutional Construction Output by Project Type (Real % Change), 2020-29
- Table 12: Russia, Top Institutional Construction Projects by Value
- Table 13: Russia, Residential Construction Output by Project Type (Real % Change), 2020-29
- Table 14: Russia, Top Residential Construction Projects by Value
- Table 15: Russia, Key Contractors
- Table 16: Russia, Key Consultants
- Table 17: Russia, Construction Output Value (Real, $ Million)
- Table 18: Russia, Construction Output Value (Nominal, RUB Billion)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Eastern Europe, Construction Output (Real % Change), 2023–29
- Figure 2: Russia, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 3: Russia, Risk Summary
- Figure 4: Russia, Risk Regional Comparison
- Figure 5: Russia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 6: Russia, Construction Output Value, by Sector (Real, $ Million), 2020–29
- Figure 7: Russia, Construction Value-add (RUB Billion, 2021 Constant Prices)
- Figure 8: Russia, Construction Activity Volume Index, Percent of Corresponding Period of Previous Year
- Figure 9: Russia, Investments in Fixed Capital (RUB Billion)
- Figure 10: Russia, Monthly Unemployment in Metropolitan Lima (in Thousands)
- Figure 11: Russia, Construction Projects Momentum Index
- Figure 12: Eastern Europe, Construction Projects Momentum Index
- Figure 13: Russia, Commercial Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 14: Russia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 15: Russia, Hotels and food services Value-add (RUB Billion, 2021 Constant Prices)
- Figure 16: Russia, Retail Trade Turnover (RUB Billion)
- Figure 17: Russia, Wholesale and Retail Trade Value-add (RUB Billion, 2021 Constant Prices)
- Figure 18: Russia, Industrial Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 19: Russia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 20: Russia, Manufacturing Value-add (RUB Billion, 2021 Constant Prices)
- Figure 21: Russia, Industrial and Manufacturing Production Index (% Change, YoY)
- Figure 22: Russia, Infrastructure Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 23: Russia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 24: Russia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 25: Russia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 26: Russia, Institutional Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 27: Russia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 28: Russia, Education Value-add (RUB Billion, 2021 Constant Prices)
- Figure 29: Russia, Health and Social Service Value-add (RUB Billion, 2021 Constant Prices)
- Figure 30: Russia, Residential Construction Output by Project Type (Real, $ Million), 2020-29
- Figure 31: Russia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 32: Russia, Real estate Value-add (RUB Billion, 2021 Constant Prices)
- Figure 33: Russia, Residential Buildings Commissioned by Organizations (Million m2)
- Figure 34: Russia, Volume of Extended Mortgage Loans (RUB, Billion)
- Figure 35: Russia, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 36: Russia, Headquarters of Key Consultants (% of Total Project Pipeline)
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
