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Report Overview

The Latin America commercial construction market size reached approximately USD 255.00 Billion in 2024. The market is further projected to grow at a CAGR of 3.80% between 2025 and 2034, reaching a value of USD 370.27 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

3.8%

2025-2034


Latin America Commercial Construction Market Outlook

*this image is indicative*

Key Trends in the Market

Commercial construction refers to renovation, design, and building of commercial structures. The contractors and developers compete for construction projects through the submission of proposal bids. The scale of the construction projects can be small, medium, or large in size and the nature of the projects ranges from high rise buildings to restaurants to office structures.

  • Increasing initiatives by various governments in the region to reduce the infrastructure gap is aiding the Latin America commercial construction market growth. The key sectors requiring major infrastructural support include sanitation, energy, logistics, and communication.
  • Rising foreign and private investments towards infrastructure development while addressing the existing barriers between private and public sectors is supporting the market expansion. The increasing investments towards the infrastructure development are anticipated to foster international trade and boost economic growth.
  • Increasing utilisation of energy efficient and environment friendly materials to reduce the environmental impact of construction activities is providing lucrative growth opportunities to the market. The increased adoption of green buildings in various regions across Latin America is aiding in the reduction of carbon dioxide emissions, energy consumption, and water usage, among others.

Latin America Commercial Construction Market Segmentation

"Latin America Commercial Construction Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Breakup by End Use

  • Government
  • Civil Infrastructure
  • Transportation
  • Retail
  • Hospitality
  • Healthcare
  • Education
  • Offices
  • Data Centres
  • Amusement and Recreation
  • Others

Breakup by Region

  • Central America
  • South America
  • Caribbean

  • Sigdo Koppers S.A.
  • SACYR S.A.
  • Grupo Galas, S.A.
  • Techint E&C S.A
  • Aenza
  • Salfacorp S.A.
  • Mota-Engil Group
  • Hogares Eden, S.A. de C.V.
  • Constructora VDZ SpA
  • Others

Market Share by End Use

Transportation sector is anticipated to account for a significant Latin America commercial construction market share. This growth can be attributed to the increasing investments by the governments in the region towards the enhancement of railways, roadways, and air transportation systems to improve the urban transportation sector and support economic growth. The influx of international tourists is further supporting the growth of the segment.

Market Share by Region

South America is expected to witness significant growth in the coming years. This growth can be attributed to the expansion of the hospitality sector in the region owing to the increase in travel and tourism activities in countries such as Argentina and Brazil. The presence of impressive landscapes including arid Andean plateau of the Northwest, Iguazu Falls, and Patagonian clear lakes, among others coupled with supportive tourism services is aiding the growth of the tourism sector in the region and bolstering the Latin America commercial construction market demand.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Sigdo Koppers S.A.

Sigdo Koppers S.A., headquartered in Santiago, Chile, is one of the leading conglomerates involved in the logistics, construction and industrial erection, and transportation businesses. In the industrial domain, the company is involved in the rock fragmentation, advanced technology plastic films, and household appliances.

SACYR S.A.

SACYR S.A., headquartered in Madrid, Spain, is an infrastructure development and operating company that was founded in 1986. The company is dedicated towards enhancing the environment, improving the cities, and the betterment of the daily life of their customers.

Techint E&C S.A

Techint E&C S.A is known for providing construction, procurement, management and operation, and engineering services for large scale and complex projects. The company is also involved in the construction and design of industrial machinery and plants.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other Latin America commercial construction market key players include Grupo Galas, S.A., Aenza, Salfacorp S.A., Mota-Engil Group, Hogares Eden, S.A. de C.V., and Constructora VDZ SpA, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 255.00 Billion in 2024.

The market is projected to grow at a CAGR of 3.80% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 370.27 Billion by 2034.

The major market drivers include increasing government initiatives and rising utilisation of energy efficient and environment friendly construction materials.

The key trends fuelling the growth of the market include increasing foreign and private investments towards infrastructure development and influx of international tourists.

The major regions in the market are Central America, South America, and Caribbean.

The end uses of commercial construction include government, civil infrastructure, transportation, retail, hospitality, healthcare, education, offices, data centres, and amusement and recreation, among others.

The key players in the market are Sigdo Koppers S.A., SACYR S.A., Grupo Galas, S.A., Techint E&C S.A, Aenza, Salfacorp S.A., Mota-Engil Group, Hogares Eden, S.A. de C.V., and Constructora VDZ SpA, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • End Use
  • Region
Breakup by End Use
  • Government
  • Civil Infrastructure
  • Transportation
  • Retail
  • Hospitality
  • Healthcare
  • Education
  • Offices
  • Data Centres
  • Amusement and Recreation
  • Others
Breakup by Region
  • Central America
  • South America
  • Caribbean
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Sigdo Koppers S.A.
  • SACYR S.A.
  • Grupo Galas, S.A.
  • Techint E&C S.A
  • Aenza
  • Salfacorp S.A.
  • Mota-Engil Group
  • Hogares Eden, S.A. de C.V.
  • Constructora VDZ SpA
  • Others

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