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Luxembourg Construction Services Industry Outlook 2024 - 2028

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

Key Market Indicators

Luxembourger Construction Services Production is projected to hit €2.67 billion by 2028, rising from €2.09 billion in 2023. This marks an average annual growth rate of 3.9%. Since 2013, the supply in Luxembourg has grown by an average of 5.3% each year. In 2023, Luxembourg ranked 20th in construction services production, with Portugal surpassing it at €2.09 billion. The top three countries in the ranking were France, the United Kingdom, and Italy, respectively. On the revenue side, Luxembourger Construction Services Revenue is expected to reach €2.13 billion by 2028, up from €1.92 billion in 2023. This represents an average annual growth rate of 1.6%. Since 2013, the market has seen an annual increase of 2.2%. In 2023, Luxembourg was ranked 21st in terms of revenue, with Slovakia overtaking it at €1.92 billion. France, the United Kingdom, and Italy also led the rankings in this category, holding the second, third, and fourth positions, respectively.

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Luxembourg Construction Services Market Data and Forecasts