Construction Services Market Outlook 2024 - 2028

European Construction Services Trends in 2024

Construction Services is part of Construction and includes a number of sub-sectors such as Electrical Services, Masonry Services, Roofing Services, Insulation Services and Tile Services. You may also be interested in Civil Engineering.

European construction services revenue is projected to reach €570 billion by 2028, up from €505 billion in 2023, with an average annual growth rate of 2%. Since 2019, the European market has seen an average yearly increase of 2.7%. Germany leads the continent in construction services revenue, generating €123 billion in 2023. Following Germany, France, the United Kingdom, and Italy ranked second, third, and fourth, respectively. Poland showed a robust growth rate of 9.8% year-on-year, while Spain experienced a decline of 6.1% annually since 2019. In terms of production, European construction services are expected to reach €548 billion by 2028, up from €491 billion in 2023, growing at a compound annual growth rate of 1.8%. Since 2019, European supply has grown by 2.2% annually. Germany also topped the list in construction services production, with €122 billion in 2023. France, the United Kingdom, and Italy followed in the second, third, and fourth positions, respectively. Poland's production grew by 9.5% year-on-year, whereas Spain's production declined by 6.3% annually since 2019.

Top 4 countries

In 2024 major markets in the Construction Services Industry were:

• United Kingdom
• Italy
• Germany
• France

Construction Services Market Data and Forecasts

Global Construction Services Statistics

• Construction Services Revenue 49 countries (Europe, Northern Europe, Southern Europe...)
• Number Of Enterprises 66 countries (Europe, Northern Europe, Southern Europe...)
• Employment Income 87 countries (Europe, Southern Europe, Northern Europe...)
• Construction Services Production 53 countries (Europe, Northern Europe, Southern Europe...)
• Labour Utilisation 97 countries (Europe, Northern Europe, Eastern Europe...)
• Roofing Services Production 41 countries (Europe, Southern Europe, Northern Europe...)
• Employment Costs 80 countries (Europe, Northern Europe, Southern Europe...)
• Harmonized Index Of Consumer Prices 51 countries (Europe, Southern Europe, Northern Europe...)
• Number Of High Growth Enterprises 48 countries (Europe, Eastern Europe, Northern Europe...)
• Road Freight Volume 68 countries (Europe, Northern Europe, Eastern Europe...)

Global Construction Services Industry Database