Pakistan Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Pakistan Construction Market Report Overview
The Pakistan construction market size was $17.4 billion in 2022. The market is projected to achieve an AAGR of more than 5% during 2024-2027. The industry’s output over the forecast period will be supported by investment in transport, power, housing, telecommunication, and industrial infrastructure projects.
Pakistan Construction Market Outlook, 2022-2027 ($ Billion)
Buy the Full Report to Know More about the Pakistan Construction Market Forecast
The Pakistan construction market report has compiled data on various project types and construction activities across sectors. While discussing the construction projects, our analysts have elucidated the factors responsible for the developments. The report further analyzes the top construction projects in Pakistan from pre-planning to execution, along with the emerging market trends. In addition, the report gives an overview of the latest developments in the Pakistan construction market.
Market Size (2022) | $17.4 Billion |
AAGR (2024-2027) | >5% |
Forecast Period | 2023-2027 |
Historical Period | 2018-2022 |
Key Sectors | · Commercial Construction
· Industrial Construction · Infrastructure Construction · Energy and Utilities Construction · Institutional Construction · Residential Construction |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Pakistan Construction Market Segmentation by Sectors
Residential construction was the leading sector in the Pakistan construction market in 2022
The key sectors in the Pakistan construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction. In 2022, the residential construction sector accounted for the highest market share.
Residential construction: The project types in this sector include single-family housing and multi-family housing. The sector’s growth over the forecast period is attributed to the growing public and private sector investment in the development of the country’s housing sector.
Infrastructure construction: The project types in this sector include rail infrastructure, road infrastructure, and other infrastructure projects. The growing investment in rail and road infrastructure projects will drive the sector’s growth during the forecast period.
Energy and utilities construction: The project types in this sector include electricity and power, oil and gas, telecommunications, sewage infrastructure, and water infrastructure. The factor predicted to drive the sector’s growth over the forecast period is the government investment in renewable energy and nuclear power projects.
Commercial construction: The project types in this sector include leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings, and other commercial construction. The sector’s growth over the forecast period is because of investments in reviving the tourism, and services sectors.
Industrial construction: The project types in this sector include chemical and pharmaceutical plants, manufacturing plants, metal and material production and processing plants, and waste processing plants. The sector’s growth is owing to the government’s economic revival plan aiming to improve the country’s export potential.
Institutional construction: The project types in this sector include educational buildings, healthcare buildings, institutional buildings, research facilities, and religious buildings. Investments in healthcare and educational projects will drive the sector’s growth during the forecast period.
Pakistan Construction Market Analysis by Sectors, 2022 (%)
Buy the Full Report for more Sector Insights into the Pakistan Construction Market
Pakistan Construction Market – Latest Developments
- In July 2023, the International Monetary Fund (IMF) approved more than $2 billion bailout to Pakistan to tackle its serious economic crisis.
- In September 2023, the Pakistan Water and Power Development Authority (Wapda) signed a joint venture for the development of the Stage-II of the Kurram Tangi Dam project. The agreement involves detailed engineering design, preparation of updated PC-I (Planning Commission), PC-I for land acquisition and resettlement plan, and tender documents of the project.
Segments Covered in the Report
Pakistan Construction Sectors Outlook (Value, $ Billion, 2018-2027)
- Commercial Construction
- Industrial Construction
- Infrastructure Construction
- Energy and Utilities Construction
- Institutional Construction
- Residential Construction
Scope
This report provides:
- A comprehensive analysis of the construction industry in Pakistan.
- Historical and forecast valuations of the construction industry in Pakistan, featuring details of key growth drivers.
- Segmentation by sector 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.
Reasons to Buy
- Identify and evaluate market opportunities using GlobalData’s 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 strategy 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
Table
Figures
Frequently asked questions
-
What was the Pakistan construction market size in 2022?
The construction market size in Pakistan was $17.4 billion in 2022.
-
What is the Pakistan construction market growth rate?
The construction market in Pakistan is projected to achieve an AAGR of more than 5% during 2024-2027.
-
Which was the leading sector in the Pakistan construction market in 2022?
Residential construction was the leading sector in the Pakistan construction market in 2022.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.