Mexico Construction Industry 2025: Output to Register an AAGR of 2.6% Between 2026-2029, Supported by Investments in Energy & Transport Infrastructure, and Government Initiatives - 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 2029 (Q3 2025)" report has been added to ResearchAndMarkets.com's offering.

The analyst forecasts Mexico's construction industry to contract by 3.6% in real terms in 2025, as nearshoring tailwinds soften the effects of US tariffs and slashed remittances inflows.

According to the National Institute of Statistics and Geography (INEGI), gross fixed investment in buildings fell by 5.4% year-on-year (YoY) in the first half of 2025 (H1 2025). Rising input costs for raw materials are weighing on industry output - INEGI's cement price index grew by 5.2% YoY in July 2025.

For instance, overall costs for the Maya Train project - now operational - rose to MXN544 billion ($27.3 billion) as of early September 2025. Moreover, project cancellations resultant of US tariffs includes the suspension of an electric vehicle (EV) plant by the Chinese automobile manufacturer, BYD in July 2025. Ultimately, fractured US-Mexican relations are forcing investors to question their ability to access the US market through Mexico.

Despite economic uncertainty, Mexico's construction industry is expected to recover and register an annual average growth rate of 2.6% between 2026 and 2029, supported by investments in energy infrastructure and transport infrastructure construction projects, in line with the government's plan to invest MXN1.2 trillion ($58 billion) to develop 5,645km of railway line across 24 states by 2030. Additionally, the government announced the National Highway Infrastructure Program 2025-30 in February 2025 with a total investment of MXN173 billion ($8.5 billion).

These funds will see the construction of 3,000km of priority roads across 600 tenders, five new highway projects under the construction, maintenance, and operation model totalling 300km and the completion of 126km of ongoing construction projects. In early June 2025, the Ministry of Infrastructure, Communications and Transport (SICT), announced an investment of MXN53 billion ($2.7 billion) for the development of road infrastructure in 2025.

Scope

• Historical (2020-2024) and forecast (2025-2029) 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/9yo8tp

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