The United Kingdom construction market size reached approximately USD 363.03 Billion in 2024. The market is further projected to grow at a CAGR of 2.90% between 2025 and 2034, reaching a value of USD 483.17 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
United Kingdom Construction Market Outlook
*this image is indicative*
| United Kingdom Construction Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 363.03 |
| Market Size 2034 | USD Billion | 483.17 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 2.90% |
| CAGR 2025-2034 - Market by Region | Scotland | 4.0% |
| CAGR 2025-2034 - Market by Region | Northern Ireland | 3.3% |
| CAGR 2025-2034 - Market by Construction Type | New Construction | 4.0% |
| CAGR 2025-2034 - Market by End Use | Commercial | 4.0% |
| Market Share by Region | England | 86.3% |
Construction refers to the process involving the assembly of structures to create an infrastructure. Construction not only involves building but also altering, repairing, demolishing, remodelling, and improving of an infrastructure. It is vital for optimum functioning of society as it boosts connectivity and creates spaces and buildings that strengthen communities.
| CAGR 2025-2034 - Market by | Region |
| Scotland | 4.0% |
| Northern Ireland | 3.3% |
| England | XX% |
| Wales | XX% |
Market Breakup by End Use
| CAGR 2025-2034 - Market by | Construction Type |
| New Construction | 4.0% |
| Renovation | XX% |
Residential sector is anticipated to account for a significant United Kingdom construction market share owing to the rising demand for new homes and apartments, among other housing infrastructure due to increasing population and growing urbanisation. The rising shortage of residential buildings in urban areas is further supporting the market expansion.
| CAGR 2025-2034 - Market by | End Use |
| Commercial | 4.0% |
| Institutional | 3.3% |
| Residential | XX% |
| Industrial | XX% |
Commercial sector is expected to witness rapid growth over the forecast period owing to the increasing expansion of various businesses, boosting the demand for establishment of corporate buildings, retail spaces, office spaces, and warehouses, among others. The booming tourism sector is also aiding the segment growth as it is boosting the requirement for hotels and restaurants, among others in the United Kingdom.
| Market Share by | Region |
| England | 86.3% |
| Wales | XX% |
| Scotland | XX% |
| Northern Ireland | XX% |
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 United Kingdom construction market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Kier Group plc was founded in 1928 and is headquartered in Manchester, United Kingdom. The construction company provides infrastructure services, construction, and property developments to its customers across the globe.
Balfour Beatty Plc is an infrastructure company that was founded in 1909 and is headquartered in London, United Kingdom. The company specialises in construction services, infrastructure investments, and support services, among others.
Morgan Sindall Group was established in 1977 and has its headquarters located in London, United Kingdom. The construction company provides design, refurbishment and maintenance services, and engineering consultancy for its customers around the globe.
*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 United Kingdom construction market key players include Laing O’Rourke, Willmott Dixon Holdings Limited, Galliford Try Holdings plc, BAM Nuttall Ltd., Mace Group, ISG Ltd., and Skanska Group, among others.
United Kingdom Construction Market Size
*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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The market reached a value of approximately USD 363.03 Billion in 2024.
The market is projected to grow at a CAGR of 2.90% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 483.17 Billion by 2034.
The major market drivers include growing urbanisation and increased emphasis on sustainability.
The key trends fuelling the growth of the market include rising investments in smart city projects, increasing disposable income, and growing investments towards the infrastructural development by the government.
Construction is the method that involves planning, designing, and execution to meet the needs of the infrastructure.
The various end uses of construction include commercial, residential, education and research, and medical and healthcare, among others.
The key players in the market are Kier Group plc, Balfour Beatty Plc, Morgan Sindall Group, Laing O’Rourke, Willmott Dixon Holdings Limited, Galliford Try Holdings plc, BAM Nuttall Ltd., Mace Group, ISG Ltd., and Skanska Group, among others.
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.
| 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:
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| Breakup by End Use |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
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+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
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United States
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+1-415-325-5166
Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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