Mexico Construction Industry Trends and Opportunities Report 2021: Market to Grow by 10.2% in 2021, Before Moderating to an Annual Average Growth Rate of 2.5% Over 2022-2025 - ResearchAndMarkets.com
Mexico Construction Industry Trends and Opportunities Report 2021: Market to Grow by 10.2% in 2021, Before Moderating to an Annual Average Growth Rate of 2.5% Over 2022-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Construction in Mexico - Key Trends and Opportunities to 2025 (Q4 2021)" report has been added to ResearchAndMarkets.com's offering.
Mexico's construction industry is now forecast to grow by 10.2% in 2021, before it moderates to an annual average growth of 2.5% over the remainder of the forecast period (2022-2025).
This compares to the previous forecasts of 8.1% for this year. The revision reflects stronger-than-expected construction growth in the second quarter of 2021, and low base effects arising from the downturn last year.
The Mexican construction industry continued to perform on a positive note in August 2021, as is evident in newly released data showing an increase in construction activity.
This continues the positive trend set in the second quarter value-add data from the National Institute of Statistics and Geography (INEGI); the construction industry posted a high year-on-year (Y-o-Y) growth rate of 33.8% in Q2 2021, which represents a significant improvement from contractions of 6.8% in Q1 2021 and 10.4% in Q4 2020.
With the domestic economy also continuing to improve following the re-opening of key industries and the pace of vaccination picking up, this augurs well for the performance of the industry over the coming quarters.
In September 2021, the government submitted the 2022 Budget proposal to congress, with the MXN7.3 trillion (US$350 billion) budget proposal for 2022 to promote economic growth, regional development projects, social equality, financial stability and maintain fiscal discipline.
In the 2022 Budget proposal, the government stated that policies will continue to focus on healthcare, social programs and investment, and that it would prioritize ongoing investment projects, such as the Istmo de Tehuantepec inter-oceanic rail project and Mayan train project.
Market Analysis, Information and Insights
- The Mexican construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Mexican construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Mexico, 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 the publisher'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 the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/946i2o
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