Global Construction Outlook 2022

(EstateNewsWire.com, April 05, 2018 ) The Construction Intelligence Center (CIC) has revised upwards its forecast for growth in the global construction industry. In line with improved performance in some major markets and a brighter outlook for the global economy, the CIC now expects the pace of expansion in the global construction industry to average 3.7% a year over the forecast period (2018-2022), compared with 3.6% in the December 2017 forecast update. In real value terms (measured at constant 2017 prices and US$ exchange rates), global construction output is forecast to rise to US$12.4 trillion in 2022 from US$10.4 trillion in 2017.

The global economy will continue to post healthy rates of growth in 2018-2019, and investor confidence will remain buoyant. The expected tightening in monetary policy in major markets in 2018 will start to push up the cost of borrowing, but with interest rates generally at or near historical lows, this tightening process is not expected to have a major impact on construction activity during the early part of the forecast period. Construction output growth will slow in the latter part of the forecast period, reflecting trends in some of the largest markets, notably China and the US

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-An overview of the outlook for the global construction industry to 2022

-Analysis of the outlook for the construction industry in major global regions: 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.

-A comprehensive benchmarking of 83 leading construction markets according to construction market value and growth

-Analysis of the latest data on construction output trends in key markets.

-Evaluate regional construction trends from insight on output values and forecast data to 2022. Identify the fastest growers to enable assessment and targeting of commercial opportunities in the markets best suited to strategic focus.

-Identify the 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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Table of Contents

1. Global Outlook
2. Regional Outlook: US and Canada
3. Regional Outlook: Latin America
4. Regional Outlook: Western Europe
5. Regional Outlook: Eastern Europe and Central Asia
6. Regional Outlook: South and South-East Asia
7. Regional Outlook: Australasia
8. Regional Outlook: North-East Asia
9. Regional Outlook: Middle East and North Africa
10. Regional Outlook: Sub-Saharan Africa
11. Appendix

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