Tanzania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
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Tanzania Construction Market Report Overview
The Tanzania construction market size was $28.1 billion in 2023. The market will achieve an AAGR of more than 7% during 2025-2028. Investments in transport infrastructure will aid the growth of the Tanzania construction market.
Tanzania Construction Market Outlook, 2023-2028 ($ Billion)
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The Tanzania construction market research report provides detailed market analysis, information, and insights into the Tanzanian construction industry. It includes the Tanzanian construction industry’s growth prospects by market, project type, and construction activity. The report provides critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Tanzanian construction industry. It also gives an analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Market Size (2023) | $28.1 billion |
AAGR (2025-2028) | >7% |
Forecast Period | 2023-2028 |
Historical Period | 2019-2022 |
Key Sectors | · Commercial Construction
· Industrial Construction · Infrastructure Construction · Energy and Utilities Construction · Institutional Construction · Residential Construction |
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Tanzania Construction Market Segmentation by Sectors
The residential construction sector accounted for the highest market share in the Tanzania construction market in 2023
The key sectors in the Tanzania construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction.
Commercial construction: The project types in this sector include leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings, and other commercial construction. An increase in tourist arrivals, coupled with investments in the construction of hotels and stadiums will support the sector’s growth over the forecast period.
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. An increase in export and manufacturing activities will aid the growth of the country’s industrial sector.
Infrastructure construction: The project types in this sector include rail infrastructure, road infrastructure, and other infrastructure projects. Investments in road and railway infrastructure projects will contribute to the growth of the sector.
Energy and utilities construction: The project types in this sector include electricity and power, oil and gas, telecommunications, sewage infrastructure, and water infrastructure. The sector’s growth will be supported by investments in renewable energy, and oil and gas projects.
Institutional construction: The project types in this sector include educational buildings, healthcare buildings, institutional buildings, research facilities, and religious buildings. The government’s focus on the education and healthcare sectors will support the growth of the sector over the forecast period.
Residential construction: The project types in this sector include single-family housing and multi-family housing. Public and private sector investments in housing projects in the country will boost the growth of the residential construction sector during the coming years.
Tanzania Construction Market Analysis by Sectors, 2023 (%)
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Tanzania Construction Market - Latest Developments
- In February 2024, the government signed an agreement to support the development of the second phase of the Dar es Salaam Metropolitan Development Project (DMDP), aimed at transforming the city’s road network development in Dar Es Salaam.
Segments Covered in the Report
Tanzania Construction Sectors Outlook (Value, $ Billion, 2019-2028)
- 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 Tanzania. It provides –
- Historical (2019–2023) and forecast (2024–2028) valuations of the construction industry in Tanzania, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) 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
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What was the construction market size in Tanzania in 2023?
The construction market size in Tanzania was $28.1 billion in 2023.
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What will the Tanzania construction market growth rate be during the forecast period?
The construction market in Tanzania is projected to achieve an AAGR of more than 7% during 2025-2028.
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Which sector accounted for the highest share of the Tanzania construction market in 2023?
The residential construction sector accounted for the highest market share in the Tanzania construction market in 2023.
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