In 2023, Germany led Europe's construction services market with a value share of 24.77%, followed by France at 13.94% and the UK at 10.98%. Significant year-on-year growth was recorded in Poland (9.49%), Hungary (9.21%), and Romania (6.99%), indicating robust development in these regions. Conversely, Spain experienced a decline of 6.29%. The regional CAGR over the past five years has shown Europe's steady market expansion, with Germany and Switzerland as strong performers.
Future trends suggest potential shifts with investments in green infrastructure, digitalization, and sustainable practices. Focus on Eastern Europe as emerging construction markets may disrupt traditional powerhouses.
Top countries in Production Value of Construction Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.77 | 2023 | +5.15% | +5.31% | View data |
| 2 | 2 France | 13.94 | 2023 | +1.69% | +1.32% | View data |
| 3 | 3 United Kingdom | 10.98 | 2023 | +0.9% | +0.72% | View data |
| 4 | 4 Italy | 9.26 | 2023 | -0.97% | -0.33% | View data |
| 5 | 5 Switzerland | 5.38 | 2023 | +3.95% | +5.53% | View data |
| 6 | 6 Netherlands | 4.52 | 2023 | +0.83% | +0.63% | View data |
| 7 | 7 Spain | 4.44 | 2023 | -8% | -6.29% | View data |
| 8 | 8 Sweden | 3.9 | 2023 | +2.95% | +2.12% | View data |
| 9 | 9 Poland | 3.67 | 2023 | +8.2% | +9.49% | View data |
| 10 | 10 Belgium | 3.08 | 2023 | +2.54% | +3.72% | View data |
