Construction Market in EMEA Overview (2025–2029)
The construction market in the EMEA region is projected to grow by USD 382.9 billion, with a CAGR of 5.36% between 2024 and 2029. This growth is underpinned by the recovery in real GDP and a resurgence in economic activity across key sectors. The market is witnessing notable transformations driven by technological advancements, sustainability initiatives, and shifting demographics.
One of the most prominent trends is the increasing adoption of green buildings, with varying adoption levels—from innovators in some regions to early majority in others. The integration of advanced technologies such as Building Information Modeling (BIM), modular construction, and precast concrete is reshaping project execution and influencing purchase decisions.
Despite positive growth prospects, the market faces several challenges. These include rising construction costs—particularly in heavy civil engineering and specialty trades—and volatility in raw material prices. Economic disparities across regions further influence the feasibility of large-scale projects.
Market Drivers
- Recovery of real GDP and economic activity
- Urbanization and immigration driving residential demand
- Public investment in infrastructure (roads, utilities, transport, etc.)
- Growth in demand for construction equipment and materials
- Push for energy-efficient and low-emission buildings
Market Trends
- Rise of smart cities and digital construction solutions
- Use of advanced materials like high-performance and fly ash concrete
- Shift toward prefabrication and modular building techniques
- Increasing focus on carbon neutrality and green certifications
- Growing demand for retrofitting and modernization of aging infrastructure
Market Challenges
- Escalating costs of raw materials and construction inputs
- Economic constraints in some African markets
- Regulatory complexities and compliance requirements
- Supply chain disruptions and labor shortages
Key Companies
Key players are expanding through strategic alliances, mergers, geographic expansion, and product innovation. Notable companies include:
- ACS Construction Group Ltd.
- AFRIDECA Group (Pty) Ltd.
- Airolink Building Contracting LLC
- Al Futtaim Group Co.
- Al Habtoor Group LLC
- Arabtec Constructions
- Balfour Beatty Plc
- BIC Contracting LLC
- BOUYGUES
- Dutco Group
- Eiffage
- Kier Group Plc
- Skanska AB
- Vinci
- Implenia Group
- UCCHolding
- Wilson Bayly Holmes Ovcon Ltd.
These companies are classified based on market focus and performance using qualitative and quantitative analysis.
Conclusion
The EMEA construction market is set for strong and sustainable growth through 2029, driven by technological innovation, rising demand for green infrastructure, and increasing public and private investment. While challenges around cost and regulation persist, strategic modernization and sustainability efforts will be key enablers for continued market expansion.
Table of Content
1 Executive Summary
1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
3 Market Sizing
3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on EMEA - Market size and forecast 2023-2028 ($ billion)
- Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
- Chart on EMEA: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
4 Historic Market Size
4.1 Construction Market in EMEA 2018 - 2022
- Historic Market Size - Data Table on Construction Market in EMEA 2018 - 2022 ($ billion)
4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Thrat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
6.3 Private sector - Market size and forecast 2023-2028
- Chart on Private sector - Market size and forecast 2023-2028 ($ billion)
- Data Table on Private sector - Market size and forecast 2023-2028 ($ billion)
- Chart on Private sector - Year-over-year growth 2023-2028 (%)
- Data Table on Private sector - Year-over-year growth 2023-2028 (%)
6.4 Public sector - Market size and forecast 2023-2028
- Chart on Public sector - Market size and forecast 2023-2028 ($ billion)
- Data Table on Public sector - Market size and forecast 2023-2028 ($ billion)
- Chart on Public sector - Year-over-year growth 2023-2028 (%)
- Data Table on Public sector - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Type
7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Commercial - Market size and forecast 2023-2028
- Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
- Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
- Chart on Commercial - Year-over-year growth 2023-2028 (%)
- Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.4 Residential - Market size and forecast 2023-2028
- Chart on Residential - Market size and forecast 2023-2028 ($ billion)
- Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
- Chart on Residential - Year-over-year growth 2023-2028 (%)
- Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
- Chart on Market share by geography - 2023-2028 (%)
- Data Table on Market share by geography - 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.4 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.5 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.6 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ billion)
- Data Table on Spain - Market size and forecast 2023-2028 ($ billion)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.7 Rest of EMEA - Market size and forecast 2023-2028
- Chart on Rest of EMEA - Market size and forecast 2023-2028 ($ billion)
- Data Table on Rest of EMEA - Market size and forecast 2023-2028 ($ billion)
- Chart on Rest of EMEA - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of EMEA - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Table on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ACS Construction Group Ltd.
- ACS Construction Group Ltd. - Overview
- ACS Construction Group Ltd. - Product / Service
- ACS Construction Group Ltd. - Key offerings
12.4 AFRIDECA Group (Pty) Ltd.
- AFRIDECA Group (Pty) Ltd. - Overview
- AFRIDECA Group (Pty) Ltd. - Product / Service
- AFRIDECA Group (Pty) Ltd. - Key offerings
12.5 Al Naboodah Construction Group
- Al Naboodah Construction Group - Overview
- Al Naboodah Construction Group - Product / Service
- Al Naboodah Construction Group - Key offerings
12.6 Arabtec Constructions
- Arabtec Constructions - Overview
- Arabtec Constructions - Product / Service
- Arabtec Constructions - Key offerings
12.7 Balfour Beatty Plc
- Balfour Beatty Plc - Overview
- Balfour Beatty Plc - Business segments
- Balfour Beatty Plc - Key offerings
- Balfour Beatty Plc - Segment focus
12.8 BIC Contracting LLC
- BIC Contracting LLC - Overview
- BIC Contracting LLC - Product / Service
- BIC Contracting LLC - Key offerings
12.9 BOUYGUES
- BOUYGUES - Overview
- BOUYGUES - Product / Service
- BOUYGUES - Key offerings
12.10 Consolidated Contractors Co.
- Consolidated Contractors Co. - Overview
- Consolidated Contractors Co. - Product / Service
- Consolidated Contractors Co. - Key offerings
12.11 Eiffage
- Eiffage - Overview
- Eiffage - Product / Service
- Eiffage - Key offerings
12.12 Kier Group plc
- Kier Group plc - Overview
- Kier Group plc - Business segments
- Kier Group plc - Key offerings
- Kier Group plc - Segment focus
12.13 Skanska AB
- Skanska AB - Overview
- Skanska AB - Business segments
- Skanska AB - Key offerings
- Skanska AB - Segment focus
12.14 The Implenia group
- The Implenia group - Overview
- The Implenia group - Business segments
- The Implenia group - Key offerings
- The Implenia group - Segment focus
12.15 UCCHolding
- UCCHolding - Overview
- UCCHolding - Product / Service
- UCCHolding - Key offerings
12.16 Vinci
- Vinci - Overview
- Vinci - Business segments
- Vinci - Key offerings
- Vinci - Segment focus
12.17 Wilson Bayly Holmes Ovcon Ltd.
- Wilson Bayly Holmes Ovcon Ltd. - Overview
- Wilson Bayly Holmes Ovcon Ltd. - Product / Service
- Wilson Bayly Holmes Ovcon Ltd. - Key offerings
Research Methodology
All our research reports employ a mixed-methods approach, leveraging both primary and secondary research techniques to develop a comprehensive and well-informed analysis. The methodology ensures a balanced perspective by combining data-driven insights with expert opinions.
1. Secondary Research
Secondary research formed the foundation of the study, offering a contextual understanding of the market landscape, historical trends, and existing data. This phase involved gathering and analyzing information from:
- Industry reports and whitepapers (e.g., McKinsey, Deloitte, Statista)
- Academic journals and case studies
- Company reports, investor presentations, and press releases
- Government databases and regulatory publications
- Trade publications, industry blogs, and news articles
2. Primary Research
To validate and complement secondary findings, extensive primary research was conducted. This included both quantitative data collection and qualitative insights, particularly through expert consultations.
a. Expert Consultations (Qualitative Primary Research)
In-depth interviews were conducted with a wide range of industry stakeholders, including:
- Industry experts and consultants
- Senior executives and decision-makers
- Product managers and supply chain professionals
- Academic researchers and analysts
b. Surveys and Questionnaires (Quantitative Primary Research)
Structured surveys were distributed among:
- End-users/consumers
- Retailers and distributors
- Business-to-business (B2B) buyers
3. Data Validation and Triangulation
Findings from secondary and primary sources were cross-validated through data triangulation to ensure accuracy, consistency, and reliability. This process involved comparing insights from different sources and reconciling discrepancies through expert feedback.
4. Analytical Tools and Frameworks
Various analytical models were applied to interpret the collected data:
- SWOT Analysis for understanding strengths, weaknesses, opportunities, and threats
- Porter’s Five Forces to assess market competitiveness
- PESTLE Analysis to evaluate external macroeconomic influences
- Forecasting Models using historical data trends and regression analysis
Conclusion
The combination of comprehensive secondary research and robust primary data collection—enhanced by expert consultations—ensured the development of a well-rounded and in-depth analysis. This approach enables strategic decision-making backed by both empirical evidence and industry expertise.
For detailed methodology for this particular report please write to us on info@syovi.com