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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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Sector Analysis
Bahrain Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
GlobalData has revised down its growth for Bahrain’s construction industry in 2026 from its previous estimate of 4.4% to 1.8%, owing to the anticipated impact on construction activities, due to supply chain disruptions and rise in energy costs, arising from the regional conflict following the US and Israeli attacks on Iran in February 2026. Devastating drone and missile strikes between February and March 2026 by Iran damaged Bahrain’s energy infrastructure, by destroying the Bapco Sitra Refinery, Saudi oil pipeline, Awali...
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Sector Analysis
France Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData downgraded its forecast for France in its Q3 2026 update, compared to a marginal real terms growth of 0.9% for 2026 forecasted in Q2 2026, to register a real terms marginal decline of 0.9% in 2026. This downward revision is attributed to lower consumer confidence stemming from falling non-residential building permits, rising inflation rates along with higher construction material costs amid higher energy prices and rising construction bankruptcy in the country. According to the Institut national de la statistique...
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Sector Analysis
Portugal Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
The Portuguese construction industry’s growth is expected to slow in real terms from 3.2% in 2025 to 2.3% in 2026 due to project delays primarily caused by an acute construction labor shortage stemming from strict immigration curbs, high material costs, falling building permits issued, and severe public procurement bottlenecks. According to AICCOPN (Association of Construction and Public Works Companies) and Bank of Portugal (Banco de Portugal), strict immigration rules enacted in mid-2024 by the government of Portugal, which banned tourists...
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Sector Analysis
The Philippines Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData expects the Philippine construction industry to decline further by 8.8% in real terms in 2026, after registering a marginal real-term decline of 0.8% in 2025, owing to increased debt, high energy prices, supply chain bottlenecks, delays in securing permits for projects due to regulatory issues, and a fall in construction loans. Weaker public investment is primarily constraining the growth of the Philippine construction industry, following the flood-control scandal that surfaced in mid-2025. Subsequently, the government intensified scrutiny of public...
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Sector Analysis
Spain Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The Spanish construction industry is expected to grow in real terms by 4.5% in 2026, supported by rising public and private sector investments in transport and energy infrastructure projects, coupled with rising manufacturing and export activities. According to Eurostat, the gross fixed capital formation in construction sector grew by 3.8% year-on-year (YoY) in the first half of 2026, following an overall annual growth of 5.2% in 2025. Construction output in 2026 will also be driven by rising tourism activity and...