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France Construction Industry Report 2024: Industrial Construction Supporting Economic Growth - Forecasts to 2028 - ResearchAndMarkets.com
The "France Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units), Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.
France's construction industry is poised for significant growth. The industry is expected to grow steadily over the next four quarters, with the growth momentum continuing over the forecast period. A CAGR of 2.8% is projected during 2024-2028, with France's construction output expected to reach EUR 180.54 billion by 2028, indicating substantial growth potential.
The French construction industry is facing a challenging period, with a decline in 2024 due to economic conditions and a slowdown in project developments. However, the sector also presents growth opportunities, particularly in sustainability and infrastructure development. Stakeholders can navigate this evolving landscape and unlock the industry's full potential by focusing on innovative solutions, strategic partnerships, and workforce development initiatives.
The French construction industry faces uncertainty, with the impact of high interest rates, declining investor confidence, and a slowdown in project developments. However, the sector also presents growth opportunities, particularly in sustainability and infrastructure development.
Residential Construction: Facing Challenges
- High property prices, deteriorating credit conditions, and reduced public housing subsidies are contributing to the decline in residential construction. The abolition of the zero-interest loan (PTZ) for new single-family homes and the upcoming end of the 'Pinel' incentive for new rental investments by private owners are also impacting the market.
Institutional Construction: Prioritizing Public Needs
- Investment in Healthcare and Education: Increased government spending on healthcare and educational facilities, which enhances public services and improves quality of life, is benefiting institutional construction.
- Sustainability Measures: Institutional projects are increasingly incorporating sustainability measures, with the government implementing regulations that require energy-efficient designs and materials.
Industrial Construction: Supporting Economic Growth
- Expansion of Manufacturing and Logistics Facilities: The industrial construction sector is witnessing growth, driven by increased demand for manufacturing and logistics facilities and supported by government initiatives aimed at boosting local production.
- Focus on Renewable Energy Projects: Significant investments are being made in renewable energy projects, particularly in solar power, to achieve the country's goal of 35GW-44GW of installed solar capacity by 2028.
Infrastructure Construction: Providing Support
- Major Infrastructure Projects: The French government's plan to expand and upgrade the transport network in preparation for the 2024 Olympic and Paralympic Games is expected to provide some support to the construction industry.
- Delays in Infrastructure Projects: However, some major infrastructure projects are experiencing delays due to budget constraints, and the government has temporarily put many new projects on hold.
This market intelligence report offers a comprehensive view of market opportunities in the building and infrastructure construction industry at the country level. With over 100+ KPIs covering growth dynamics in building and infrastructure construction, construction cost structure analysis, and analysis by key cities in France, this databook provides a wealth of data-centric analysis with charts and tables, ensuring stakeholders are fully informed.
- Market Dynamics by Value, Volume, and Number of Units: This report provides a comprehensive data-centric view of size and structure, industry dynamics, and end market opportunities in France's building and infrastructure construction industry.
- The report provides a detailed analysis of the residential construction market, covering various types of construction, development stages, price points, and key cities. KPIs include value, volume, and number of units, offering a comprehensive view of this sector.
- Commercial Construction Outlook: Provides construction outlook by value and volume across office buildings, retail buildings, hospitality buildings, restaurant buildings, and sports facilities.
- Institutional Construction Outlook: Provides construction outlook by value and volume across manufacturing plant buildings, metal & material processing buildings, and chemical & pharmaceutical buildings.
- Industrial Construction Outlook: Provides construction outlook by value and volume across manufacturing plants and educational buildings.
- Infrastructure Construction Outlook: This report provides growth dynamics and market analysis for three key sections: marine and inland, utility system and transport infrastructure construction.
- City Level Analysis: Provides outlook of the top 10 cities in France by construction value.
- The Construction Cost Structure Analysis module in this report provides a detailed outlook on construction costs by construction value, such as material, labor, equipment, and others. At a granular level, it offers a comprehensive material cost analysis by type of materials and labor cost by type of work, ensuring stakeholders deeply understand the cost structure.
Market Data and Insights:
This report provides market size and forecast across 40+ construction segments for ten years from 2019 - 2028 in France.
KPIs covered include the following:
- Market size by value
- Market size by volume of construction
- Number of units
France Economic Indicators
France Top Cities Construction Data
France Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Housing type
- Key cities
- Price point/income level
- Construction stage
France Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Green building by Housing type
- Green building by Key cities
- Green building by Price point/income level
France Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Office
- Retail
- Hospitality
- Restaurant
- Entertainment
- Sports facility
- Other commercial building construction
- Construction stage
France Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Office green building construction
- Retail green building construction
- Hospitality green building construction
- Restaurant green building construction
- Entertainment green building construction
- Sports facility green building construction
- Other commercial green building construction
France Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
- Manufacturing Plants building construction
- Chemical & Pharmaceutical building construction
- Metal & Material Processing building construction
- Construction stage
France Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Healthcare construction
- Educational construction
- Other building construction
- Construction stage
France Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Healthcare green building construction
- Educational green building construction
France Infrastructure Construction Sectors: 10-year market size & forecast in value terms by
- Marine and inland water infrastructure
- Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
- Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
- Construction stage
France Green Infrastructure Construction: 10-year market size & forecast in value terms
France Construction Cost Structure Analysis: 10-year market size & forecast in value terms
- Cost Analysis by Type (Material, Labour, Equipment, Others)
- By Material & Work Cost: It provides the cost outlook of material costs by type of materials used in construction (Cement, Steel, Sand, Aggregates, Bricks, Wood, Windows Glazing, Flooring, Plumbing, Electrical, Painting, Other Materials)
- By Labour Cost: It provides the cost outlook of labour costs (RCC Construction Work, Masonry and Plastering Work, Plumbing Work, Water Proofing Work, Carpentry Work, Electrical Work, Tile Fixing Work, CATV Antenna Points, Painting Work, Departmental Labour)
- By Type of Construction (New, Re-Development)
- By Material Cost: It provides the cost outlook of material costs by type of materials used in construction (Concreting Sand, Stone Aggregate, Ordinary Portland Cement, Reinforced Concrete (Grade 30 MPA), Reinforced Concrete (Grade 40 MPA), High Tensile Steel bars, Mild Steel Round Bars, Structural Steelwork, Plywood Formwork (1800*900*12mm), Clay Bricks)
- Type of Labour (Skilled vs. unskilled)
For more information about this report visit https://www.researchandmarkets.com/r/88lfzk
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241010263285/en/
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