Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries 2023-2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries, 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The global construction industry is set to expand at a moderate pace. Amid fluctuating economic conditions, industry experts have scrutinized trends, forecasting a 1.8% growth in 2023.

This detailed report covers a horizon extending to 2027, offering valuable insights for stakeholders and decision-makers within the construction sector.

Key Highlights:

• Forecasted Global Growth: Despite a challenging economic backdrop, marked by high inflation and tightening monetary policies, the industry is projected to witness a growth of 1.8% worldwide in 2023, though this figure stands at just 0.4% when China is excluded from the data.
• Regional Analysis: The study offers an in-depth regional analysis, touching on growth projections and industry trends in 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.
• Benchmarking Leading Markets: A critical benchmarking of 91 principal construction markets is included, evaluating them by market value and growth to identify commercial opportunities.
• Output Trends: Latest output trends have been analyzed, offering an insight into key markets' construction industry performance.

Global and Regional Market Performance

As the largest economies grapple with slower growth, the report details specific regions and countries that are set to buck the trend. Notably, experts anticipate varying degrees of industry expansion or contraction across different areas, highlighting the importance of tailored market strategies for businesses operating internationally.

The global growth forecast presents a nuanced picture, reflecting the significant impact of economic policies and conditions on construction investment. With a detailed projection slated till 2027, the industry analysis aims to inform and guide stakeholders across markets to optimize their strategic planning and operational approaches.

Growth Drivers and Strategic Planning

The global construction industry, replete with opportunities and challenges, demands a strategic planning process informed by comprehensive data and analyses. This publication equips business leaders, policymakers, and investors with the insights necessary to pilot their enterprises through the currents of market fluctuations with confidence.

As the construction industry confronts a period of transformation, understanding the overarching trends and granular market movements becomes vital. Our latest addition to the suite of industry analyses enables a deeper comprehension of the factors influencing global and regional construction landscapes, thus empowering stakeholders to make informed decisions.

Report Scope

• An overview of the outlook for the global construction industry to 2027.
• Analysis of the outlook for the construction industry in major global regions: 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.
• A comprehensive benchmarking of 91 leading construction markets according to construction market value and growth
• Analysis of the latest data on construction output trends in key markets.

For more information about this report visit https://www.researchandmarkets.com/r/py6ixw

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