Construction Market Size, Trends and Growth Forecasts by Regions and Countries, 2026-2030 (Q3 2026)

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Published: September 30, 2026 Report Code: GDCN0046GO-ST

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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.

Why Does the Global Construction Market Matter?

The global construction industry is entering a period of uneven performance, with a challenging near-term outlook followed by an expected recovery across major markets. GlobalData forecasts that global construction output will contract by 1.8% in real terms in 2026, following a 0.3% decline in 2025. This downturn is heavily influenced by China’s property market weakness, with construction output in the country expected to fall by 9.0% in 2026.

Beyond 2026, the outlook becomes more positive. Global construction output is expected to return to growth in 2027, before accelerating through 2028–2030. Infrastructure and energy and utilities construction are expected to lead this recovery, supported by investment in the energy transition, grid expansion, digital infrastructure, supply-chain reconfiguration and major transport programmes.

However, growth prospects vary significantly by geography. South Asia, South-East Asia and other emerging markets offer different growth opportunities from regions facing construction slowdowns. Understanding these regional differences is essential for companies evaluating market entry, investment priorities and business development strategies.

GlobalData’s Construction Market Analysis report provides a detailed assessment of the global construction industry through 2030, combining regional forecasts, country-level output data and benchmarking of 91 leading construction markets.

Key Insights in the Global Construction Market

Near-term market contraction: Global construction output is forecast to decline by 1.8% in real terms in 2026, following a 0.3% contraction in 2025.
China’s influence on global performance: China’s construction output is expected to fall by 9.0% in 2026 as its property downturn intensifies, significantly affecting the global outlook.
Recovery from 2027: Global construction output is forecast to return to growth of 1.3% in 2027, accelerate to 3.4% in 2028 and average 3.6% annual growth in 2029–2030.
Infrastructure and energy investment: Infrastructure and energy and utilities construction are expected to grow by an annual average of 3.4% between 2027 and 2030.
Structural investment drivers: The recovery is expected to be supported by energy transition investment, grid expansion, digital infrastructure and supply-chain reconfiguration.
Emerging market opportunities: Major transport programmes across South Asia, South-East Asia, Sub-Saharan Africa and the Gulf are expected to support construction activity.
Regional divergence: Construction growth prospects differ across global regions, highlighting the importance of assessing individual markets rather than relying solely on global forecasts.
91-market benchmarking: Compare leading construction markets by market value and growth to identify potential geographic opportunities.

Scope

What Will You Learn from This Global Construction Market Report?

Global market outlook: How is construction output expected to evolve through 2030, and when is the industry forecast to return to growth?

Regional performance: Which global regions are expected to expand or contract, and how do their construction prospects compare?

Country-level opportunities: Which of the 91 leading construction markets offer the strongest growth potential?

China’s market impact: How is the property downturn in China influencing global construction output and forecasts?

Infrastructure growth: How are transport programmes, grid expansion and digital infrastructure investment shaping construction demand?

Energy and utilities outlook: What role will energy transition investment and utilities infrastructure play in the industry’s recovery?

Emerging economy growth: Which opportunities are emerging across South Asia, South-East Asia, Sub-Saharan Africa and the Gulf?

Market benchmarking: How do construction markets compare in terms of output value and forecast growth?

Strategic planning: How can regional and country-level forecasts support geographic prioritisation and commercial decisions?

Who Should Buy This Global Construction Market Report?

This report is designed for organisations seeking to evaluate construction market performance, assess regional growth prospects and identify commercial opportunities, including:

Construction contractors: Identify high-growth markets and assess regional construction output trends to support project and business development strategies.

Engineering and construction companies: Evaluate infrastructure, energy and utilities investment opportunities across global markets.

Building materials and equipment suppliers: Understand construction demand trends and prioritise countries with stronger growth prospects.

Infrastructure developers and investors: Assess market outlooks and identify opportunities linked to transport, energy transition and digital infrastructure.

Consulting and engineering firms: Benchmark regional and country-level construction activity to support strategic planning and market selection.

Private equity and institutional investors: Evaluate construction market growth, regional divergence and longer-term investment opportunities.

Business development and strategy teams: Compare 91 leading markets to identify potential expansion opportunities and manage geographic exposure.

How Companies Use This Global Construction Market Analysis

Organisations can use this analysis to:

Prioritise geographic markets: Compare construction market values and growth forecasts across 91 countries to identify markets suited to strategic expansion.

Develop market entry strategies: Assess regional and country-level output trends to determine where and how to engage with the construction industry.

Identify infrastructure opportunities: Evaluate growth prospects in transport, energy and utilities, grid expansion and digital infrastructure.

Support investment decisions: Use construction forecasts to assess market conditions and longer-term commercial potential.

Benchmark regional performance: Compare developed and emerging economies to understand differences in construction growth and market maturity.

Manage market exposure: Identify markets facing contraction or slower growth and consider the potential implications for revenue and business planning.

Strengthen business development: Align sales, project pipelines and commercial resources with regions and countries offering stronger construction prospects.

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

Benchmark the Global Construction Landscape

Gain a comprehensive view of the global construction industry through analysis of:

Global construction output trends and forecasts through 2030.

Construction market value and growth across 91 leading markets.

Regional outlooks for North America, Latin America, Western Europe, Eastern Europe, South Asia, South-East Asia, North-East Asia, Australasia, the Middle East and North Africa, and Sub-Saharan Africa.

Country-level construction output data and forecasts.

Regional differences in construction market performance.

Infrastructure and transport investment trends.

Energy and utilities construction growth prospects.

Investment drivers including energy transition, grid expansion, digital infrastructure and supply-chain reconfiguration.

Built on GlobalData Intelligence

GlobalData combines construction industry research, market data and economic analysis to provide a detailed view of global construction performance. This report brings together regional forecasts, country-level output trends and comparative benchmarking across 91 markets to help decision-makers assess market conditions, identify growth opportunities and support strategic planning.

Act Now to Identify Opportunities in the Global Construction Market

As construction markets experience uneven performance and regional growth diverges, identifying the right countries and sectors is essential for commercial success. Use GlobalData’s Construction Market Analysis to evaluate construction output forecasts, benchmark 91 leading markets and identify opportunities across infrastructure, energy and utilities and other construction segments through 2030.

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

12 New Data Center Forecasts

Appendix

About GlobalData

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: Middle East and North Africa, Construction Output Growth (Real, % Change)

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

Table 22: Global Data Center Construction Output Forecast (Real, $ Million), 2022–2030

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, Value of Construction Put in Place ($ Billion, Seasonally Adjusted Annual Rate), YoY % Change

Figure 7: Canada, Construction Employment, In Thousands, In Seasonally Adjusted Terms

Figure 8: Canada, Dwelling Construction Started in Canada, In Number

Figure 9: The US, Value of Private Data Center Construction Put in Place ($ Billion, Seasonally Adjusted Annual Rate), YoY % Change

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

Figure 11: Brazil, Gross Fixed Capital Formation (BRL Billion, Chained at 1995 Prices)

Figure 12: Mexico, Construction Confidence Index, in Seasonally Adjusted Terms

Figure 13: Colombia, Building Construction Cost Index (2021=100)

Figure 14: Peru, Business Situation Index

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, Labor Cost Index (2020=100, Seasonally Adjusted)

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, Number of Unemployed People (In Thousands)

Figure 23: Turkiye, Construction Permits, In thousand m2

Figure 24: Poland, Construction Value-add (PLN Million, 2020 Chained Prices)

Figure 25: Slovakia, Construction production index (2021=100)

Figure 26: Bulgaria, Construction Production Index (Unadjusted, 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: Singapore, Construction Value-add (SGD Million, 2015 Chained Prices)

Figure 30: Malaysia, Construction Output Value (Current Prices, MYR Million)

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: Mongolia, Construction Value-add (MNT Billion, 2015 Constant Prices)

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

Figure 48: Saudi Arabia, Construction Value-Add (SAR Million, 2023 Constant Prices)

Figure 49: Bahrain, Outstanding Loans and Advances to the Construction and Real Estate Sector (BHD Million)

Figure 50: Egypt, Manufacturing Value-Add (EGP Million, 2021-2022 Constant Prices)

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, Gross Fixed Capital Formation (ZAR Billion, Constant 2015 Prices)

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