Construction Market Size, Trends and Growth Forecasts by Regions and Countries, 2026-2030 (Q2 2026)

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Global construction market analysis to 2030: explore regional forecasts, output trends, infrastructure investment, market benchmarking, and construction industry growth opportunities worldwide.

The global construction market is entering 2026 with a more positive but uneven outlook. GlobalData’s Construction Market Size, Trends and Growth Forecasts by Regions and Countries, 2026-2030 (Q2 2026) provides a detailed view of the global construction industry’s prospects through 2030, combining regional outlooks, construction output trends and benchmarking across 91 leading construction markets.

The report forecasts global construction output to return to growth in 2026, expanding by 0.8% in real terms following a 0.3% contraction in 2025. However, the recovery is not uniform. Excluding China, global construction output is expected to expand by 3.1% in 2026, highlighting the importance of looking beyond the headline global figure when assessing individual market opportunities.

For businesses evaluating where to focus resources, the distinction between regional and country-level performance is critical. The report provides a structured view of construction output values and growth across major markets, helping decision-makers compare opportunities and identify markets that may warrant closer strategic attention.

What is the global construction market outlook to 2030?

The global construction market outlook is one of shallow recovery combined with significant regional divergence. While global construction output is forecast to return to growth in 2026, persistent cost pressures and geopolitical shocks continue to create a challenging operating environment.

Energy-price volatility and elevated freight costs are contributing to pressure across construction markets, while the effects of geopolitical developments are not evenly distributed. As a result, businesses assessing the construction industry need to understand how individual regions and countries are responding rather than relying solely on an aggregate global outlook.

This construction market report provides that broader perspective through global, regional and country-level analysis extending to 2030.

How are construction market trends changing across regions?

Regional differences are a central feature of the current construction outlook. The report examines construction prospects across North America, Latin America, Western Europe, Eastern Europe & Central Asia, South Asia, South-East Asia, Australasia, North-East Asia, the Middle East and North Africa, and Sub-Saharan Africa.

North-East Asia is identified as the only region expected to contract in 2026, with output declining by 1.2%. China’s prolonged property downturn continues to weigh on private sector building investment, and the scale of the Chinese market means that this weakness has a material effect on the wider Asia-Pacific outlook.

At the same time, other parts of the region are expected to perform more strongly. South Asia is forecast to grow by 6.0% in 2026, while South-East Asia is forecast to grow by 5.0%. Asia-Pacific growth is nevertheless expected to remain at 0.5%, reflecting the influence of China’s weaker performance.

These differences demonstrate why regional construction analysis is important for companies assessing expansion, investment or commercial opportunities.

Scope

Why does construction output matter when evaluating market opportunities?

Construction output provides an important basis for comparing the scale and direction of activity across markets. The report includes historical and forecast construction output values and growth data through 2030, enabling users to examine both the size of individual markets and their expected trajectory.

The analysis also moves beyond a single global measure. It provides regional output values alongside country-level indicators covering markets such as the US, Canada, Brazil, Mexico, the UK, Germany, France, Italy, Spain, Russia, Turkiye, Poland, India, Bangladesh, Pakistan, China, South Korea, Japan, Australia, New Zealand, Qatar, Egypt, Israel, Nigeria and South Africa.

This level of geographic detail can help businesses distinguish between markets experiencing stronger growth, markets facing contraction and markets where changing conditions may require a more cautious approach.

How can businesses use construction market benchmarking for strategic planning?

Benchmarking construction markets can support decisions about where to investigate commercial opportunities and how to prioritize markets for strategic attention. This report comprehensively benchmarks 91 leading construction markets according to construction market value and growth.

For strategy and business development teams, this provides a consistent framework for comparing markets rather than assessing countries independently using fragmented information. The analysis can support evaluation of relative market performance, identification of faster-growing markets and assessment of where construction activity may align with commercial priorities.

For investment and planning teams, the regional and country-level outlook can help provide context when evaluating construction-related opportunities across developed and emerging economies.

The Standard-report format is particularly relevant for buyers who need structured, credible intelligence to validate opportunities, support business cases and inform strategic decisions.

Which construction markets are showing the strongest growth potential?

The report highlights significant differences in expected growth between regions and markets. South Asia and South-East Asia stand out within the 2026 regional outlook, with forecast growth of 6.0% and 5.0%, respectively.

However, growth potential needs to be considered alongside market scale and prevailing risks. The report therefore combines output forecasts with broader market indicators and includes a figure comparing construction output growth against risk by country in Q1 2026.

This enables users to consider construction market opportunities in a more balanced way, rather than interpreting high growth alone as an indicator of strategic attractiveness.

What factors are shaping the global construction industry outlook?

The construction industry is operating against a backdrop of persistent cost pressures and geopolitical uncertainty. The report identifies ongoing wars in the Middle East and Ukraine and the crisis in Venezuela among the geopolitical shocks contributing to energy-price volatility and elevated freight costs.

These pressures are influencing the pace and distribution of construction recovery. The report’s regional outlooks help show how different markets are responding to these conditions and where the effects are most visible in construction output.

The result is a construction market outlook that requires both a global perspective and detailed regional analysis.

How does the report support construction market opportunity assessment?

Companies looking to identify and assess construction market opportunities can use the report to evaluate regional construction trends, output values and forecast data through 2030.

The report’s analysis can help decision-makers identify faster-growing markets for further assessment and consider where commercial strategies may be better aligned with prevailing construction conditions. It can also support planning around how and where to engage with the construction industry while considering potential negative impacts on revenues.

Rather than focusing only on the overall direction of the global market, the research provides the geographic detail needed to assess differences between individual regions and countries.

Key Highlights

The global construction market outlook for 2026-2030 is characterized by recovery alongside substantial regional divergence.

Global construction output is forecast to grow by 0.8% in real terms in 2026 after contracting by 0.3% in 2025.

Excluding China, global construction output is expected to expand by 3.1% in 2026, highlighting the influence of China’s prolonged construction weakness on the global aggregate.

North-East Asia is forecast to contract by 1.2% in 2026, while South Asia and South-East Asia are forecast to grow by 6.0% and 5.0%, respectively.

The report benchmarks 91 leading construction markets by construction market value and growth, providing a framework for geographic comparison.

Regional and country-level output data through 2030 can support market evaluation, strategic planning and assessment of commercial opportunities.

Reasons to Buy

What construction market data does the report provide?

The report brings together a range of construction indicators to provide a structured view of market performance. Core data includes global and regional construction output values, real construction output growth and country-level market indicators.

The research also examines indicators such as producer prices, construction employment, building permits, construction value-add, construction investment, business confidence and construction cost indices across selected markets.

This combination provides context around construction output rather than treating output growth as an isolated measure. It can help users understand the economic and market indicators associated with construction performance in individual countries.

How organizations may use this construction industry analysis

The report is designed to support organizations that need credible construction market intelligence for strategic decision-making. It can assist strategy and business development teams in assessing markets, commercial teams in identifying potential areas of focus, and investment teams in evaluating construction-market conditions.

It may also support the development of business cases by providing consistent regional and country-level market information through 2030. For organizations operating across multiple geographies, the benchmarking component provides a way to compare markets using a common analytical framework.

This decision-support orientation aligns with the typical Standard-report buyer, who is more likely to be validating opportunities, planning strategy or requiring information that can be presented and supported internally.

What regions are covered by the construction market report?

The report provides dedicated regional outlooks for:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe & Central Asia
  • South-East Asia
  • South Asia
  • Australasia
  • North-East Asia
  • Middle East and North Africa
  • Sub-Saharan Africa

Each regional section includes an overview and key updates, while the broader analysis provides construction output values and growth data for individual markets.

The geographic breadth allows users to examine the global construction industry from both regional and country perspectives.

Why use this construction market report for 2026-2030 planning?

Planning in the construction industry requires visibility into both current conditions and the direction of market activity. This report provides a forward-looking view to 2030 while also presenting historical construction output data, enabling users to assess how markets have evolved and how they are expected to develop.

Its combination of global outlook, regional analysis and benchmarking across 91 leading markets can help organizations move from a broad understanding of construction trends to more targeted market evaluation.

For buyers who need information to validate an opportunity, compare markets or inform strategic planning, the report provides structured intelligence that can assist decision-making without requiring users to piece together market information from multiple sources.

Table of Contents

1 Global Outlook

2 Regional Outlook: North America

2.1 Overview

2.2 Key Updates

3 Regional Outlook: Latin America

3.1 Overview

3.2 Key Updates

4 Regional Outlook: Western Europe

4.1 Overview

4.2 Key Updates

5 Regional Outlook: Eastern Europe & Central Asia

5.1 Overview

5.2 Key Updates

6 Regional Outlook: South-East Asia

6.1 Overview

6.2 Key Updates

7 Regional Outlook: South Asia

7.1 Overview

7.2 Key Updates

8 Regional Outlook: Australasia

8.1 Overview

8.2 Key Updates

9 Regional Outlook: North-East Asia

9.1 Overview

9.2 Key Updates

10 Regional Outlook: Middle East and North Africa

10.1 Overview

10.2 Key Updates

11 Regional Outlook: Sub-Saharan Africa

11.1 Overview

11.2 Key Updates

Appendix

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Table

Table 1: Global Construction Output Growth (Real, % Change), 2021–2030

Table 2: North America, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 3: Latin America, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 4: Middle East and North Africa, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 5: Sub-Saharan Africa, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 6: South-East Asia, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 7: South Asia, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 8: North-East Asia, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 9: Australasia, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 10: Western Europe, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 11: Eastern Europe & Central Asia, Construction Output Value (Real, $ 2022 Billion), 2021–2030

Table 12: US and Canada, Construction Output Growth (Real, % Change)

Table 13: Latin America, Construction Output Growth (Real, % Change)

Table 14: Western Europe, Construction Output Growth (Real, % Change)

Table 15: Eastern Europe and Central Asia, Construction Output Growth (Real, % Change)

Table 16: South-East Asia, Construction Output Growth (Real, % Change)

Table 17: South Asia, Construction Output Growth (Real, % Change)

Table 18: Australasia, Construction Output Growth (Real, % Change)

Table 19: North-East Asia, Construction Output Growth (Real, % Change)

Table 20: North-East Asia, Construction Output Growth (Real, % Change)

Table 21: Sub-Saharan Africa, Construction Output Growth (Real, % Change)

Figures

Figure 1: Global Construction Output Value by Sector (Real, Index 2019=100), 2021–2030

Figure 2: Global Construction Output Value by Region (Real, 2022 $ Billion), 2021–2030

Figure 3: Global Construction Output and GDP by Region and Sector, 2026

Figure 4: Construction Output Growth vs Risk Q1 2026, by Country

Figure 5: US and Canada, Construction Output Value (Real, $ 2022 Billion)

Figure 6: The US, Producer Price Index for Construction

Figure 7: Canada, Construction Value-Add (CAD Million, 2012 Constant Prices), Seasonally Adjusted at Annual Rates

Figure 8: Canada, Value of Building Permits Issued, in Seasonally Adjusted Constant Prices, % Change YoY

Figure 9: The US, Number of People Employed in the Construction Industry, In Thousands

Figure 10: Latin America, Construction Output Value (Real, $ 2022 Billion)

Figure 11: Brazil, Number of People Employed in the Construction Industry, In Thousands

Figure 12: Mexico, Commercial Trade Confidence Index, In Seasonally Adjusted Terms

Figure 13: Uruguay, Housing Construction Cost Index, Base June 2023 = 100

Figure 14: Argentina, Construction Cost Index in Greater Buenos Aires (2022=100)

Figure 15: Western Europe, Construction Output Value (Real, $ 2022 Billion)

Figure 16: The UK, Construction Output, Chained Volume Measures, Seasonally Adjusted (GBP Million)

Figure 17: Germany, Gross Fixed Capital Formation, Current Prices (% Change YoY)

Figure 18: France, Construction Production Index (2021=100)

Figure 19: Italy, Business registration and bankruptcy index (2021=100, Unadjusted)

Figure 20: Spain, Building Permits – m2 of Useful Floor Area Index (2021=100)

Figure 21: Eastern Europe and Central Asia, Construction Output Value (Real, $ 2022 Billion)

Figure 22: Russia, Construction Value-add (RUB Billion, 2021 Constant Prices)

Figure 23: Turkiye, Construction Permits, In thousand m2

Figure 24: Poland, Employment in the Construction Industry, In Thousands

Figure 25: The Czech Republic, Economic Sentiment Indicator, Business and Consumer Confidence Indicator

Figure 26: Romania, Construction Production Index (2021=100)

Figure 27: South and South-East Asia, Construction Output Value (Real, $ 2022 Billion)

Figure 28: The Philippines, Construction Value-Add (PHP Billion, 2018 Constant Prices)

Figure 29: Malaysia, Construction Output Value (Current Prices, MYR Million)

Figure 30: Indonesia, Construction Value-Add (2010 Constant Prices, IDR Trillion)

Figure 31: Vietnam, Construction Value Add, 2010 Constant Prices (VND Billion)

Figure 32: South Asia, Construction Output Value (Real, $ 2022 Billion)

Figure 33: India, Construction Value-Add (Constant 2022–23 Prices, INR Billion)

Figure 34: Bangladesh, Construction Value-Add at Constant Market Price (FY2015–16 Prices, BDT Million)

Figure 35: Pakistan, Construction Value Add, Constant Basic Prices of 2015-16 (PKR Million)

Figure 36: Sri Lanka, Construction Output (LKR Million, 2015 Constant Prices)

Figure 37: Australasia, Construction Output Value (Real, $ 2022 Billion)

Figure 38: Australia, Total Value of Construction Work Done, AUD Billion Chain Volume Measures

Figure 39: Australia, Total Value of Building Construction Works Done, % Change YoY

Figure 40: New Zealand, Construction Value-Add, (NZD Million, 2009/2010 Chain-Volume Measures)

Figure 41: New Zealand, Total Value of Building Work Put in Place, % Change YoY

Figure 42: North-East Asia, Construction Output Value (Real, $ 2022 Billion)

Figure 43: China, Construction Output (Nominal, CNY Million)

Figure 44: South Korea, Construction Value-Add (KRW Trillion, 2020 Chained Prices, Unadjusted)

Figure 45: Japan, Total Value of Private Sector Investments on Buildings (JPY Billion)

Figure 46: Macau, Gross Fixed Capital Formation (Chained 2024 Prices, % Change YoY)

Figure 47: Middle East and North Africa, Construction Output Value (Real, $ 2022 Billion)

Figure 48: Qatar, Total Building Permits, In Numbers

Figure 49: Egypt, Construction Value-Add (EGP Million, 2021-2022 Constant Prices)

Figure 50: Israel, Unemployment (In thousands)

Figure 51: Sub-Saharan Africa, Construction Output Value (Real, $ 2022 Billion)

Figure 52: Nigeria, Credit to the Construction Industry (NGN Billion)

Figure 53: South Africa, Construction Materials Price Index, Total Construction, December 2023=100

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