Mexico Construction Industry Report 2024: Output is Estimated to have Expanded by 4.1%, Supported by Investment in Building Activities in Residential and Infrastructure - Forecast to 2028 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Mexico Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)" report has been added to ResearchAndMarkets.com's offering.

Mexico's construction industry is estimated to have expanded by 4.1% in 2024, supported by investment in building activities, particularly in residential and infrastructure sectors. According to Mexico's National Institute of Statistics and Geography (INEGI), the volume index of construction production in Mexico grew by 6.3% year-on-year (YoY) in the first nine months of 2024, owing to YoY growths in buildings (8.4%), civil engineering works (2.3%), and specialised construction activities (0.8%).

However, the industry is expected to face challenges in 2025, forecasted to shrink by 7.1%. This weakness is attributed to headwinds such as political uncertainty amid precarious US-Mexican relations, fiscal consolidation, depreciation of the local currency (Mexican Peso - MXN), and high construction costs. Mexico's Chamber of Deputies approved the 2025 Federal Expenditure Budget (PEF) in mid-December 2024.

The budget includes an allocation of MXN9.3 trillion ($535.1 billion) for 2025 - marking a 1.9% fall in real terms, compared to 2024. The proposed budget prioritizes debt service over key sectors like investment, health, and education. Investment spending - both physical (tangible assets) and financial (funds) - is set to decrease by 14% compared to 2024, while funding for the healthcare sector will fall by 11% and that for the education sector will fall by 1.2%, in 2025.

Additionally, Donald Trump's re-election as the President of the US threatens renunciation and migration status quos, while spelling uncertainty for Mexican-US trade.

Scope

• Historical (2019-2023) and forecast (2024-2028) 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 our 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 business strategies using the analyst'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 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/6wzv7k

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