The road infrastructure maintenance market in Mexico reached a value of 1.2818 billion Euros in 2023. Over the past decade, this market has experienced significant fluctuations. From 2013 to 2016, values remained relatively stable, but a sharp decline occurred in 2017, followed by a significant recovery in 2019. The 5-year CAGR, as of 2023, is 9.85%, indicating a robust recovery and growth in recent years. However, the annual variations have shown volatility with declines in some years and growth in others, reflecting economic and policy shifts.
Looking forward, market forecasts suggest steady growth from 2024 to 2028 with a CAGR of 2.02%. This indicates a stabilization trend post-2023. Future trends to watch include technological advancements in road maintenance, government infrastructure investments, and potential socioeconomic factors that could impact funding and prioritization of road infrastructure projects.
