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in 2024 this region suffered the worst trend in investments in the construction sector out of all the world markets, which in fact shrank by 1.6% with respect to 2023.The ranking is dominated by China and features mainly countries from the Asia Pacific region, which includes 6 of the largest markets of the global construction industry.In 2024 ongoing investments in the civil engineering sector were the most dynamic component of the Italian market, registering an increase of 9% with respect to 2023.Forecasts for the sector are also negative for 2026.
in 2024 this region suffered the worst trend in investments in the construction sector out of all the world markets, which in fact shrank by 1.6% with respect to 2023. Last year the main markets in the region saw a drop in construction output. In Germany this drop in the market was estimated to be almost 6% in 2024 and, in 2025, only a very modest upturn (+0.9%) is expected.
In France investments shrank by more than 3% in 2024 and, for the current year, an increase of just 1.3% is forecast.
Recession in the British construction sector in 2024 was estimated to be 2.3% and for 2025 the sector is expected to be more or less stagnant.In Spain, on the other hand, investments grew last year by 2% and the rate of market growth should strengthen in 2025, reaching almost 3%.
Forecasts for 2026 point to a moderately positive trend for Western Europe and forecasters believe the market could grow by around 2%.
Investments in the Italian construction sector shrank by around 3.3% in 2024 after registering an identical rate of growth the previous year. Forecasts for 2025 point to a heavy fall in investments, which is estimated to be around 5%, and following on in 2026, the value of the Italian construction sector is expected to be in recession at a rate of around 1%. The value of the residential sector is forecast to drop considerably in 2024 and 2025 due to tax incentives coming to an end. Forecasts for the sector are also negative for 2026. The non-residential construction sector is expected to expand by 5.8% in the current year and then by an annual average of around 3% in 2025-2026. In 2024 ongoing investments in the civil engineering sector were the most dynamic component of the Italian market, registering an increase of 9% with respect to 2023.
In 2024 the value of the Italian construction market was 288 billion Euros and the 7th highest in the world in terms of investment value. The ranking is dominated by China and features mainly countries from the Asia Pacific region, which includes 6 of the largest markets of the global construction industry.
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