Global Construction Market, Economic Outlook From 2017 To 2021 Construction Market Assessment for Growth, Trends
Global Construction Market Analysis of Economic Growth and Market Value for 6 Major
Global Region, 2021
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The report “Global Construction Market Analysis of Economic Growth and Market Value
for 6 Major Global Region, 2021” is a detailed analysis of the global construction market
where the terms such as economic growth and market value of the global regions are stated
in-depth. The report also provides assessments of the impact of underlying growth trends in
the global economy on the construction industry. The overview of the prospects for the
global construction industry is stated in global region format from 2017 to 2021.
Market of construction report contains regional outlooks and profiles of the leading 50
individual countries, highlighting opportunities for growth and the potential risks for
participants in these markets. The pace of expansion in the global construction industry
steadied in 2016, standing at 2.4%, but there will be an improvement in the next five years,
with growth averaging 2.8%. The pick-up will reflect trends in the wider economy; in 2017-
2021, the world economy is set to expand by close to 3% per year on average.
The report states in real value terms (measured at constant 2010 US$ exchange rates),
global construction output reached US$8.8 trillion in 2016-up from US$7.9 trillion in 2012-
and will stand at US$10.1 trillion in 2021. The value of construction activity in the emerging
world (at real 2010 US$ exchange rates) surpassed that of advanced economies in 2014, and
this difference will continue to widen. In 2012, emerging markets accounted for 46.7% of
global output – a share that will rise to 52.8% by 2021. Asia-Pacific will continue to account
for the largest share of the global construction industry, given that it includes the large
markets of China, Japan and India.
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Scope of the report
Overview of the Global Economic Outlook to 2021
Analysis of the outlook for the construction industry in six major global regions:
North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific and the
Middle East and Africa
A comprehensive benchmarking of 50 leading construction markets according to
construction market value and economic growth
Comparative global rankings for construction output. This includes data on the
ranking change and average percentage change for construction output for the
review period (2012 to 2016), in addition to projections for the forecast period (2017
to 2021)