The production value for construction of residential and non-residential buildings in the UK is projected to increase steadily from 116.48 billion Euros in 2024 to 124.7 billion Euros in 2028. This reflects an average year-on-year growth rate of approximately 1.7% over the period. Compared to 2023, where the value stood at around 114.5 billion Euros, this indicates a positive growth trend, supported by a compound annual growth rate (CAGR) of about 2.0% from 2024 to 2028. The data highlights a consistent upward trajectory in the construction sector, indicating a rebound and growth phase.

Future trends to watch for include:

Potential impacts of regulatory changes and post-Brexit policies on construction activities.
The role of technological advancements and sustainability practices in shaping construction methodologies.
Economic factors such as inflation and interest rate fluctuations that could affect investment in this sector.
Regional disparities in construction growth, especially between urban and rural areas.