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Construction Outlook Report

Global Construction Outlook to 2023: Q3 2019 Update

Keep up with the pace of expansion in the Global Construction Industry

Get the global construction perspective and maximize your commercial potential.

GlobalData’s “Global Construction Outlook to 2023: Q3 2019 Update” report provides a detailed analysis of the prospects for the global construction industry up to 2023.

It provides coverage on the major global regions including: North America, Latin America, Western Europe, Eastern Europe, South and South-East Asia, North-East Asia, Australasia, the Middle East and North Africa, and Sub-Saharan Africa.

Purchase this report and evaluate and identify the key growth drivers in the global construction market and consider growth in emerging and developed economies.

  • Why should you purchase this report?
  • Evaluate regional construction trends from insight on output values and forecast data to 2023.
  • Identify the fastest growers to enable assessment and targeting of commercial opportunities in the markets best suited to strategic focus.
  • Identify drivers in the global construction market and consider growth in emerging and developed economies.
  • Formulate plans on where and how to engage with the market while minimizing any negative impact on revenues.

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How well is the Global Construction Industry Performing?

According to GlobalData, the deterioration in construction output growth across emerging markets has been worse than previously expected, particularly in the US and the Middle East. Therefore, the forecast for global construction output growth in 2019 has been revised down to 2.7%, which will be the slowest pace of growth in a decade.

GlobalData’s central forecast sees global construction output growth increase to 3.2% in 2020 and then stabilize at 3.4% over the remainder of the forecast period. This is partly driven by a projected improvements in financial market sentiment and stabilization in some of the larger currently-troubled emerging markets.

Formulate your strategic business plans on where and how to engage with the fast growers and to take advantage of the opportunities that arise.

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