This forward-looking report by Oxford Economics' Forecasting team provides forecasts for global construction to 2030 as well as perspectives on climate related challenges for the construction industry. Global construction output in 2020 was US$10.7 trillion and we expect this to grow by US$4.5 trillion between 2020 and 2030 to reach US$15.2 trillion. The Global Construction industry is set to be a powerful engine for economic recovery from COVID, as the average annual growth in construction of 3.6% per year over the next decade will be higher than manufacturing or services. This report provides a global outlook, as well as regionally segmented details across APAC, Western Europe, and North America.
What you will learn: