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Sector Analysis
Mongolia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
GlobalData forecasts the Mongolian construction industry to register real-terms growth of 6.1% in 2026, supported by an improvement in employment conditions in the construction industry, coupled with budgetary allocations and investment toward energy and infrastructure projects. According to the National Statistics Office of Mongolia (NSO), construction value-add grew by 7.4% year on year (YoY) in Q2 2026, preceded by YoY growth of 9.5% in Q1 2026 and 11.2% in Q4 2025. Also, employment in the construction industry registered a YoY...
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Sector Analysis
Canada Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The construction industry in Canada is expected to register real-term growth of 1.2% in 2026, marking a deceleration from the 2.3% growth recorded in 2025. This moderation is due to reduced investment in industrial developments, elevated energy costs, and persistent trade uncertainty linked to tensions in the Middle East and the ongoing trade war with the US. Statistics Canada reports that the industry’s value-add at constant prices (seasonally adjusted at annual rates) edged down by 0.5% year-on-year (YoY) in H1...
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Sector Analysis
Nigeria Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The construction industry in Nigeria is expected to grow by 5.6% in real terms in 2026, supported by investments in industrial, transportation and energy projects. Growth in the construction industry will also be driven by a combination of federal initiatives, public-private partnerships (PPPs), and substantial foreign direct investments (FDIs). Furthermore, Nigeria also aims to build a NGN1.5 quadrillion ($1 trillion) economy by 2030, which involves increasing the manufacturing sector’s contribution to the GDP from approximately 9% in 2024 to 25%...
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Sector Analysis
India Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData expects the Indian construction industry to expand in real terms by 7.6% in 2026, supported by investments in data center, manufacturing, and transportation projects. Growth in the construction industry will also be driven by capital expenditure of INR12.2 trillion ($136.1 billion), which was announced in the Financial Year (FY) 2026-27 (from 1 April 2026 to 31 March 2027) budget in February 2026. This is equivalent to 3.1% of GDP and marks an increase of 11.5% compared to expenditure of...
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Sector Analysis
Peru Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
GlobalData revised up the growth forecast for Peru’s construction industry for 2026, from 5.5% in real terms in the Q2 2026 update to 7.6% in the Q3 2026 update, supported by an increased investment in mining and transport infrastructure projects. According to the National Institute of Statistics and Information of Peru (INEI), the construction industry’s value-add in real terms rose by 8.9% YoY in Q2 2026, preceded by YoY growth rates of 13.2% in Q1 2026 and 9% in Q4...
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Sector Analysis
Egypt Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The Egyptian construction industry is expected to grow by 2.1% in real terms in 2026, supported by increased investment in transport projects and private investments in the industrial sector. The government revealed in August 2026 that Egypt’s Suez Canal Economic Zone (SCZone) attracted 117 new projects worth approximately EGP732 billion ($7.3 billion) in its industrial areas during FY2025/26 (1st July 2025 – 30th June 2026), with the investments expected to create 73,500 jobs upon completion by 2030. The expansion is...
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Sector Analysis
Ghana Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
The construction industry in Ghana is expected to grow by 3.5% in real terms in 2026, supported by an increase in public investment in transport, education and energy infrastructure, alongside increased private sector participation in industrial and commercial developments. In July 2026, Ghana’s Parliament approved a GHS4.1 billion ($300 million) World Bank (IDA) financing facility for the Secondary Education Transformation for Access, Relevance and Results for Jobs (STARR-J) Project. Of the total financing, GHS3.5 billion ($255.7 million) or 86% will...
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Sector Analysis
The UK Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData has revised down the growth forecast for the UK’s construction industry for 2026, from 0.6% growth forecasted in the Q2 2026 update to a decline of 1.4%, in real terms. This downward revision is attributed to weaker than expected growth in the construction value-add and reduced construction orders in Q2 2026, due to supply chain uncertainty and high interest rates. The industry’s output in 2026 will also be affected by rising energy costs, coupled with elevated raw construction material...
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Sector Analysis
Australia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData estimates that the Australian construction industry will expand by 4.8% in real terms in 2026, supported by strong building approvals, rising tourism activity, and increased government spending in the energy sector. According to the Australian Bureau of Statistics (ABS), the total value of buildings approved in Australia grew by 21.9% year-on-year (YoY) in the first half of 2026 (H1 2026), driven by a 25.1% YoY increase in non-residential buildings approved and a 19.6% rise in residential buildings approved during...
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Sector Analysis
South Korea Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData has revised down its growth forecast for the South Korean construction industry for 2026, with the industry now expected to shrink by 2.1% in real terms this year—down from a previous growth forecast of 0.2%. This downward revision is attributed to continued weakness in building construction activity and a decline in construction permits. According to preliminary data released by the Korean Statistical Information Service (KOSIS), the total number of construction permits issued fell by 1.9% year-on-year (YoY) in the...
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