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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.
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.
United Kingdom Construction Market Size
United Kingdom Construction Market Share
United Kingdom Construction Companies
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Construction Market Overview
8.1 Key Industry Highlights
8.2 Global Construction Historical Market (2018-2023)
8.3 Global Construction Market Forecast (2024-2032)
8.4 Global Construction Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 United Kingdom Construction Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Construction Historical Market (2018-2023)
9.3 United Kingdom Construction Market Forecast (2024-2032)
10 United Kingdom Construction Market by End Use
10.1 Commercial
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Residential
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Education and Research
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Medical and Healthcare
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Kier Group plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Balfour Beatty Plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Morgan Sindall Group
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Laing O’Rourke
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Willmott Dixon Holdings Limited
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Galliford Try Holdings plc
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 BAM Nuttall Ltd.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Mace Group
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 ISG Ltd.
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Skanska Group
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Construction Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Construction Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Construction Historical Market: Breakup by End Use (USD Million), 2018-2023
4. United Kingdom Construction Market Forecast: Breakup by End Use (USD Million), 2024-2032
5. United Kingdom Construction Market Structure
The market reached a value of approximately USD 363.03 billion in 2023.
The market is projected to grow at a CAGR of 2.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 469.55 billion by 2032.
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.
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