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Belgium Construction Services Industry Outlook 2024 - 2028

See how Belgium Construction Services performed compared to key markets such as Germany, France and the United Kingdom.

Key Market Indicators

Belgian Construction Services Revenue is projected to hit €16.7 billion by 2028, up from €15.2 billion in 2023. This marks a compound annual growth rate (CAGR) of 1.5%. Since 2013, the Belgian market has seen an average annual increase of 3.3%. In 2023, Belgium ranked 10th in the sector, with Sweden surpassing it at €15.2 billion. France, the United Kingdom, and Italy held the second, third, and fourth spots, respectively. Belgian Construction Services Production is expected to reach €16.8 billion by 2028, rising from €15 billion in 2023. This represents an average annual growth rate of 1.8%. Belgian supply has consistently grown, averaging a 3.7% increase per year since 2013. In 2023, Belgium was again in the 10th position, trailing behind Poland at €15 billion. France, the United Kingdom, and Italy occupied the second, third, and fourth positions in this ranking as well.

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Belgium Construction Services Market Data and Forecasts