Report Description

The European construction industry faced many socio-economic challenges in 2021. The rising prices of key raw materials, including iron, steel, and copper, are causing deep concerns for construction companies operating in the region. Moreover, lack of manpower and disruption in the supply chain was affected the construction activities. However, many governments have taken strong steps to support the construction industry which helped the industry to record stable growth in the last two quarters.

Increasing spending on infrastructure projects to boost the industry growth in the United Kingdom

In September 2021, the government announced the National Infrastructure and Construction Pipeline, thereby setting out a plan for GBP 650 billion of investment in various infrastructure projects over the next ten years. Of these GBP 650 billion, the largest share of investment has been allocated for the transport sector. Notably, the sector is expected to receive nearly ~GBP 68 billion from 2022 to 2025. The energy-related construction projects are expected to account for over ~GBP 50 billion during the same period.

Some of the major infrastructure projects currently undertaken by the United Kingdom also fall within these categories. These projects include the High Speed 2 rail network, the Hinkley Point C nuclear power plant, and the Lower Thames Crossing Road tunnel in London. The National Infrastructure and Construction Pipeline document released by the government states that over ~GBP 29 billion will be given to social and economic projects, which are expected to be launched this year. Notably, these projects are part of the Build Back Better program of the government, which is expected to account for a total investment of ~GBP 195 million.

ConsTrack360 expects this increased spending by the government on the infrastructure development projects to support the growth of the industry from the short to medium-term perspective.

Sustainability driven innovation is expected to further boost growth in the construction industry

The UK Green Building Council is promoting a net-zero carbon buildings framework in the country. With this framework in mind, businesses are building new stores that are built using natural or recycled materials. For instance,

  • In December 2021, McDonald’s announced that the firm had opened UK’s first net-zero restaurant building in the country. Notably, the restaurant store is built using natural or recycled materials and is powered by a combination of wind turbines and solar panels.
  • Notably, the restaurant has been designed to meet net-zero standards in both its construction as well as its everyday operations. The firm has announced that the net-zero restaurant in the Market Drayton is the first in the country and will be used as a blueprint to build more new net-zero restaurants around the United Kingdom in 2022.



ConsTrack360, therefore, expects the green construction activities in the country to boost further growth in the overall construction market over the next four to eight quarters in the United Kingdom.

Innovative and more responsible construction activities to support market growth in France

The French Government introduced Climat et R?silience legislation that aims to achieve a 40% reduction in greenhouse gas emissions by 2030 in the country. Responding to this legislation, major retailers in the country are adopting innovative and responsible construction methods. For instance,

  • In December 2021, Lidl, one of the major supermarket chain stores in the country, announced that the construction activities on its new store had begun in partnership with CBI, the subsidiary of VINCI Corporation. Notably, the new store developed by Lidl will be entirely made of Wood. The 100% of the wood structure used in the store is in favor of the de-carbonization of the construction industry. Moreover, this is not the first time that Lidl has embarked on an eco-store project. In 2020, the supermarket provider opened a store that produces more energy than it consumes.



ConsTrack360, therefore, expects Lidl to further innovate with its construction activities, which will subsequently boost the growth of the green construction industry in France from the short to medium-term perspective. Moreover, ConsTrack360 expects more businesses to respond to the French Government’s initiative of the Climat et R?silience legislation, which will further provide support for the construction industry growth in the near term.

Government-backed affordable housing programs to boost the construction sector growth in Germany

The German government has set affordable housing as one of the major objectives for the country. The government is planning to build 400,000 new housing units every year, of which 100,000 are to be publicly subsidized. This is more than 50,000 units compared to the current goal and nearly 100,000 more than what the construction industry has managed to build as of November 2021.

Moreover, the government has increased the affordable housing subsidies substantially. For ensuring that the new affordable housing goals are met, the government has formed a new ministry to oversee the development in the sector.

Based on the migration trends in the country, Germany is expected to need at least 400,000 new housing units every year for the next decade or longer. ConsTrack360 expects the greater emphasis of the new government on affordable housing and the need for new housing units because of increasing migration to keep supporting the industry growth from the short to medium-term perspective in the country. Consequently, maintain a positive outlook for the residential construction sector in Germany over the next four to eight quarters.

This report from ConsTrack360 provides data and trend analyses on European construction industry, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 1,500+ charts and 1,200+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

This title from ConsTrack360 is a bundled offering, comprising 13 country reports:

Country Report 1 - Austria Construction Industry Databook Series
Country Report 2 - Belgium Construction Industry Databook Series
Country Report 3 - Finland Construction Industry Databook Series
Country Report 4 - France Construction Industry Databook Series
Country Report 5 - Germany Construction Industry Databook Series
Country Report 6 - Greece Construction Industry Databook Series
Country Report 7 - Italy Construction Industry Databook Series
Country Report 8 - Netherlands Construction Industry Databook Series
Country Report 9 - Poland Construction Industry Databook Series
Country Report 10 - Russia Construction Industry Databook Series
Country Report 11 - Spain Construction Industry Databook Series
Country Report 12 - Switzerland Construction Industry Databook Series
Country Report 13 - United Kingdom Construction Industry Databook Series


Scope

Each country report covers the following:

  • Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025. KPIs covered include the following:
  • Market size by value
  • Market size by volume of construction
  • Number of units
  • Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Housing type (multi family, single family)
  • Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
  • Price point / income level (luxury, mid-tier, affordable)
  • Construction stage (new construction, re-development & maintenance)
  • Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Green building by Housing type (multi family, single family)
  • Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
  • Green building by Price point / income level (luxury, mid-tier, affordable)
  • Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Office (further broken down by Grade A, Grade B, and Grade C)
  • Retail (further broken down by Grade A, Grade B, and Grade C)
  • Hospitality (further broken down by Grade A, Grade B, and Grade C)
  • Restaurant (further broken down by Grade A, Grade B, and Grade C)
  • Entertainment
  • Sports facility
  • Construction stage (new construction, re-development & maintenance)
  • Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Office green building construction
  • Retail green building construction
  • Hospitality green building construction
  • Restaurant green building construction
  • Entertainment green building construction
  • Sports facility green building construction
  • Other commercial green building construction
  • Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
  • Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Healthcare construction
  • Educational construction
  • Public sector
  • Construction stage (new construction, re-development & maintenance)
  • Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Healthcare green building construction
  • Educational green building construction
  • Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
  • Marine and inland water infrastructure
  • Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
  • Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
  • Construction stage (new construction, re-development & maintenance)
  • Green Infrastructure Construction: 10- year market size & forecast in value terms




Reasons To Buy

  • In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of Europe building and infrastructure construction industry.
  • Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
  • City Level Insights: Get city level trend analyses by tier-1, tier-2, and tier-3 cities.