Europe Construction Market Overview
Market Size in 2024: USD 3.38 Billion
Market Forecast in 2033: USD 5.42 Billion
Market Growth Rate: 5.10% (2025-2033)
According to the latest report by IMARC Group, the Europe construction market size was valued at USD 3.38 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 5.42 Billion by 2033, exhibiting a CAGR of 5.10% from 2025-2033.
Europe Construction Industry Trends and Drivers:
There are major changes taking place in the Europe construction market, which is growing significantly due to many factors working their way into the present and future market arena. Rapid urbanization across the continent, especially in economically developed countries such as Germany, France, and the United Kingdom, has been increasing demand for residential and commercial construction. As urban populations increase, so do the pressures for making sustainable infrastructures. The growing demand for commercial project spaces—office buildings, retail complexes, and mixed-use developments—has further driven commercial sector construction Nevada. The European construction market is also enjoying industrial construction, mainly driven by the growth of manufacturing industries, warehouses, and distribution centres. All of these factors contribute to putting Europe in the limelight when it comes to construction activity with a rapidly growing sector involving residential, commercial, and industrial developments.
Key ones driving the Europe construction industry are ongoing initiatives in green building and sustainable construction. The environmental regulations in Europe are quickly becoming widespread, and a significant driver for the demand for energy-efficient buildings and environmentally friendly infrastructure is borne along by these. In this hope, the increased building of green buildings promoting sustainability is thus taken into consideration as part of the greater environmental agenda. It is the introduction of renewable energy in infrastructure projects that is changing the construction industry, especially in energy and utility sectors. At the same time, firms involved in improving road, rail, and air transport infrastructure in the EU are witnessing major increases, with investments from both EU and national governments to ensure connectivity and improvement of the transport network. It is the ignition of the combined forces across sectors-a force of construction: The Europe Construction Market Report by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, Energy and Utility Construction), and Country 2024-2032 shows a status of forward pushing, thus augmenting for noticeable growth.
Germany, the United Kingdom, and France have been making tremendous strides in construction activities. As a result, most construction sites are hosting mega housing construction projects within urban areas prone to redevelopment. These areas increase demand for road and public transport systems, which indeed drive demand within the market. Additionally, the increased activity in infrastructure toward energy and utility construction benefits from the European Union's ambitious energy-transition goals bringing and widening the investment on renewable energy projects as well as developing sustainable infrastructure. Furthermore, innovations in construction mechanism-modular construction and digitalization - improve project efficacy and lower costs, thus promoting growth in the Europe Construction Market Report by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, Energy and Utility Construction), and Country 2024-2032 market. These developments are part of the continuing transformation of the European construction sector in terms of infrastructure and investments towards sustainable development initiatives.
Download sample copy of the Report: https://www.imarcgroup.com/europe-construction-market/requestsample
Europe Construction Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Sector:
- Commercial Construction
- Residential Construction
- Industrial Construction
- Infrastructure (Transportation) Construction
- Energy and Utility Construction
Breakup by Country:
- Germany
- United Kingdom
- France
- Italy
- Russia
- Spain
- Netherlands
- Switzerland
- Poland
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Europe Construction Market News:
- In June 2024, Skanska announced it has been awarded a $40 million contract by the Massachusetts Port Authority (Massport) to repair and renovate the 250,000-square-foot Terminal B Garage at Boston Logan International Airport located in Boston, Massachusetts. The project scope includes various tasks across all levels, i.e., on Level 1, the repairs will focus on transforming it into dedicated travel lanes and pickup zones alongside relocating taxi and shuttle stands to the curbsides; while Level 2 renovations will include repositioning the limousine pool and executing roadway repairs.
- In May 2024, Bouygues Travaux Publics announced that its flagship, The Iris Consortium, has been awarded the Société des grands projets, to design and build the line 15 East of the Grand Paris Express, which runs from Bobigny to Saint-Ouen, for a total of 1.087 billion euros.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=20974&flag=C
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
