Between 2018 and 2021, the cost of construction materials mostly increased in the United Kingdom. There was only a small decrease in their price in 2020. In 2021, the costs reached a *** percent growth rate. Moreover, building materials costs are expected to grow by **** percent in 2022. Nevertheless, these figures were calculated at the end of 2021, and therefore do not reflect the developments seen afterwards.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to Jun 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.

Overall, the price of most of the materials used in construction in Germany decreased in 2024 Only the price of lime and burnt gypsum and the cost of repairing mining, construction, and building material machines increased at a rate of over **** percent in 2024. The price of most building materials either increased by less than *** percent or they fell. In 2023, one of the construction materials in Spain with the highest price increase was cement.

This statistic depicts the projected growth in construction material costs in the U.S. in 2019 in comparison to the previous year. It is expected that skilled and un-skilled labor related costs will increase by some 2.4 percent in 2019.

Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).

The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.

Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.

The production price index (PPI) for construction materials and components in the United States decreased slightly in 2024. Up until 2020, construction prices had been rising fairly steadily. However, in the years after that construction producer prices have been very unstable. Production price index A PPI of *** in 2022, indicates that the real-world price has risen by *** percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, the PPI for construction machinery and equipment has also risen steadily until 2018. Like all prices, there are regional differences within the United States. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government. Common construction materials Some building materials are essential to construction work, and the decision on which to use is important for the life and the endurance of the building. Materials such as cement, steel, and sand are essential to many construction projects. The production of cement is tightly linked to the demand that comes from the construction industry. The durability and potency of steel gives it an advantage over wood and concrete, providing buildings with a higher resistance but a cheaper price tag. Sand is commonly used in buildings, but it is especially common in roads that require stones of various grades and granulation.

This dataset contains the indices of UK hourly Construction Wage Costs (quarterly; not seasonally adjusted; 2000 = 100) and UK Construction Material Prices for New Housing, Other New Work, Repair and Maintenance, and All Work (monthly; 2010 = 100).

Building construction price indexes (BCPI) by type of building. Quarterly data are available from the second quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).

The construction output price in the United Kingdom has reached an annual growth rate of two percent in September 2024. Construction costs have been increasing at a lower rate than in 2022 and 2023. The year-over-year growth rate reached over ** percent in May and June of 2022. Public and private housing was the construction segment with the highest output price increase. How have material costs developed over the years? Several factors influence construction material costs, including supply and demand, regulatory requirements, and transportation logistics. Manufacturing efficiency and global trade policies also play a big part, along with economic factors like inflation and currency fluctuations. In June 2022, the price of construction materials for new houses in the UK were ** percent higher than in 2015. What is the largest component of those costs? Labor costs are often one of the largest expenses in construction projects. That is due to the skilled nature of the work, which has a high demand for specialized trades. The construction sector's labor costs accounted for around ** percent of the sector's earnings in the United Kingdom in 2023. In the past years, the size of labor costs as a share of the construction sector rose by more than ***** percentage points, indicating that labor costs have increased at a faster rate than the overall revenue of the industry.

The global steel facing insulated sandwich panel market exhibits robust growth, driven by the burgeoning construction industry, particularly in the commercial and industrial sectors. The increasing demand for energy-efficient buildings and cold storage facilities fuels the market's expansion. While precise CAGR figures are unavailable from the provided data, considering a typical growth rate for construction materials and the significant market size of $20,180 million (presumably in 2018), a conservative estimate of 5-7% CAGR between 2018 and 2025 seems plausible. This translates to a market value exceeding $28,000 million by 2025. Key drivers include stringent energy regulations, rising construction activity in developing economies, and the panels' ease of installation and superior thermal performance compared to traditional building materials. Emerging trends include the use of advanced materials for improved insulation and fire resistance, as well as the integration of smart building technologies. Market restraints may involve fluctuations in raw material prices (steel and insulation core materials) and potential supply chain disruptions. The segmentation by panel type (PUR/PIR, EPS, mineral wool) and application (building walls, roofs, cold storage) reveals diverse market opportunities, with the building construction segment likely dominating. The key players listed represent a strong competitive landscape, with both global giants and regional manufacturers vying for market share. The market is geographically diverse, with North America, Europe, and Asia Pacific representing significant regional markets. China and India, given their rapid infrastructural development, are expected to show substantial growth. However, regional growth rates will vary due to differences in economic conditions, building codes, and market maturity. The forecast period (2025-2033) suggests continued growth, particularly driven by the sustained demand for sustainable and energy-efficient building solutions. Continued innovation in panel technology, improved insulation performance, and the increasing adoption of sustainable construction practices will likely further propel market expansion throughout the forecast period. The competitive landscape will likely see further consolidation, with companies focusing on strategic partnerships and product differentiation to maintain a leading position.

Vietnam Consumer Price Index (CPI): YoY: YTD: Housing and Construction Materials data was reported at 3.520 % in Nov 2018. This records a decrease from the previous number of 3.640 % for Oct 2018. Vietnam Consumer Price Index (CPI): YoY: YTD: Housing and Construction Materials data is updated monthly, averaging 3.730 % from Jan 2016 (Median) to Nov 2018, with 35 observations. The data reached an all-time high of 4.640 % in Jan 2018 and a record low of 2.057 % in Jul 2016. Vietnam Consumer Price Index (CPI): YoY: YTD: Housing and Construction Materials data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.I005: Consumer Price Index: 2014=100: MoM & YoY Growth.

Thailand's retail trade in construction materials was forecasted to contract by **** percent in 2020. This forecast was made on the worst-case scenario assumption, in which ** percent of construction material retailers would have to be closed-down until the end of June 2020 due to the COVID-19 pandemic.

The costs of construction Labor and materials are the main components of construction costs in Thailand, with construction materials taking the highest proportion of costs followed by labor. The price of construction materials has risen in recent years in Thailand, increasing costs for businesses in the industry. Despite this increase, there is still potential for the construction industry to counter these costs, specifically in Bangkok, from increasing demand of condominiums. In the first half of 2019 alone, Bangkok had more than 27 thousand of new condominiums.

Construction materials suppliers In recent years, Home Product Center was the leader in construction material trading in Thailand. Other leading construction material traders also include CRC Thai Watsadu, Siam Global House and Dohome. Home Product Center, stylized as HomePro, is a major retail chain in Thailand which specializes in home products for home refurbishments and renovations. Additionally, the company also provides construction, installation and maintenance services of home products.

In 2020, the U.S. clay building material market decreased by -X% to $X, falling for the second consecutive year after twelve years of growth. Overall, consumption, however, showed a moderate expansion. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Commercial building construction contractors have endured declines. Interest rate hikes plunged business sentiment, decreasing expansion projects and hindering new commercial construction. Also, the transition to remote and hybrid work environments has hampered demand for office building construction, with office rental vacancies reaching a 30-year high in the fourth quarter of 2024. Industry revenue has been declining at a CAGR of 0.2% over the past five years to total an estimated $40.0 billion in 2025, including an estimated gain of 1.5% in 2025 as interest rate cuts begin to encourage new construction. Contractors have managed to expand profit from lows in 2020 but surging wage costs have strained considerable profit growth. Some of the growth for commercial building construction contractors has been price-based because of rising material costs for commercial buildings. This trend has been particularly true with office building construction, which increased as a share of revenue despite square footage under construction being at its lowest point in twenty years in the fourth quarter of 2024. Still, growth in additions and improvements spending, particularly from hotels, restaurants and bars, have buoyed the performance of contractors. Also, new construction in markets like warehouses, indoor recreational buildings and retail and wholesale outlets has provided contractors with avenues for growth. Commercial building construction contractors will enjoy solid growth. Continued rate cuts through 2025 will incentivize new construction. One market that will greatly benefit contractors is new hotel construction. While other markets will improve, office building construction may lag as vacancy rates remain high and 90.0% of active office building construction is set to be complete in 2025. Contractors will struggle to expand profit as labour shortages persist and push up wage costs. Tariffs may hike construction material prices, particularly HVAC equipment, potentially disincentivizing downstream construction expenditures. Also, contractors will have to adapt to some evolving trends, like the increased use of modular construction and changing building codes to improve commercial building sustainability. Modular construction techniques will help contractors combat labour shortages and higher wage costs because they are less labour-intensive. Overall, industry revenue is forecast to expand at a CAGR of 1.9% to total an estimated $44.0 billion through the end of 2030.

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Construction Market in EMEA Size 2024-2028

The construction market in emea size is forecast to increase by USD 382.8 billion at a CAGR of 5.34% between 2023 and 2028. The market (Europe, Middle East, and Africa) is experiencing significant changes, driven by various factors. One key trend is the increasing adoption of green buildings, which are in the Innovator's stage in some regions and the Early Majority in others, leading to varying adoption rates and penetration levels. Another trend is the implementation of new technologies and materials, such as Building Information Modeling (BIM) and precast concrete, which are altering purchase criteria for construction projects. The market also faces challenges, including the rising cost of construction, particularly in heavy & civil engineering and specialty trade contracting sectors. These trends and challenges are shaping the future of the construction industry in EMEA, with a focus on sustainability, efficiency, and cost-effectiveness.

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The construction industry in Europe, the Middle East, and Africa (EMEA) is experiencing a significant rebound, fueled by the real GDP recovery and increased economic activity. This resurgence is evident in various sectors, including residential and non-residential building construction. Construction sheets, such as flooring, walls & ceilings, roofing, and HVAC systems, are in high demand as the end-user industry continues to recover. The urban population growth and immigration trends are driving the demand for new residential buildings, leading to a surge in residential building permits. Infrastructure building is another sector witnessing a resurgence, with public investments in roads, electricity and power, water and sewage, ports, and airports contributing to the growth.

Concrete machinery and other construction equipment sales are experiencing a corresponding increase due to the heightened infrastructure development activities. The construction industry's recovery is also influenced by energy prices and material prices. While lower energy prices have reduced production costs, material prices have been on the rise due to increased demand and supply chain disruptions. The EU-backed investment in green initiatives, such as carbon neutrality and reducing greenhouse gas emissions, is also impacting the construction market. This trend is leading to an increased focus on sustainable building materials and energy-efficient HVAC systems. Commercial and industrial construction sectors are also experiencing growth, driven by the economic recovery and the need for new facilities to accommodate expanding businesses.

The demand for new offices, warehouses, and factories is expected to continue, leading to increased sales of construction equipment and materials. In conclusion, the market is experiencing a robust recovery, driven by the real GDP growth, increased economic activity, and public investments in infrastructure. The demand for construction sheets, concrete machinery, and other equipment is expected to remain strong, with flooring, walls & ceilings, roofing, HVAC, and infrastructure building sectors leading the growth. The focus on sustainability and carbon neutrality is also influencing the market trends, with a growing emphasis on green building materials and energy-efficient systems.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Private sector
  Public sector


Type

  Commercial
  Residential


Geography

  EMEA

By End-user Insights

The private sector segment is estimated to witness significant growth during the forecast period.In the EMEA region, the construction industry has witnessed significant activity in the private sector, with a focus on residential and commercial projects. The need for maintaining and renovating existing buildings is on the rise due to the increasing population and the presence of aging structures. This trend is particularly noticeable in the residential sector, where the demand for energy-efficient and modernized homes is driving the need for retrofitting and renovation. Government regulations have also played a role in this trend, with stricter policies being implemented to ensure that building contractors and property owners adhere to energy-efficient building norms.

As a result, there is a growing emphasis on optimizing heating and cooling systems, as well as other energy-saving measures, within buildings. Construction sheets and equipment sales are expected to benefit from this increased demand for renovation and retrofitting activities. End-user industries, including the residential and commercial sectors, are expected to drive the growth in this market. According to recent economic data

The global construction aggregate market is expected to reach a value of $415.05 million by 2033, expanding at a CAGR of 6.36% from 2025 to 2033. The market is primarily driven by the growing demand for infrastructure development, residential and commercial construction, and industrial expansion. The increasing population and urbanization, coupled with government initiatives for infrastructure development, are contributing to the market growth. Emerging economies, such as China and India, are witnessing significant growth in construction activities, further propelling market demand. Key trends shaping the market include the adoption of sustainable practices, technological advancements in construction, and the increasing use of recycled aggregates. Stringent environmental regulations and the need to reduce carbon footprint are pushing manufacturers towards adopting sustainable practices and producing eco-friendly aggregates. Technological advancements, such as the use of automation and digital tools, are enhancing productivity and efficiency in the construction process. The use of recycled aggregates is gaining traction due to environmental concerns and the need to conserve natural resources. Key players in the market include Adelaide Brighton Ltd., CEMEX S.A.B. de C.V., CRH, Heidelberg Cement AG, Holcim Ltd., Martin Marietta Materials Inc., Rogers Group Inc., SIKA group, Vicat SA, and Vulcan Materials Company. Value: USD 520 Billion (2023) Projection: USD 810 Billion by 2030 Growth Rate: 6.5% CAGR Recent developments include: January 2018: the London-based construction transport firm S Walsh & Sons was purchased by GRS Roadstone, a provider of bulk and bagged aggregates. The two businesses manage about 20 million tons of building aggregate and various other commodities each year at 50 new facilities., June 2021: HeidelbergCement AG made plans to develop a carbon-neutral facility in Sweden. The company will be able to cut carbon emissions by 1.8 million tons of carbon dioxide annually thanks to the new facility, which is anticipated to be the first carbon-neutral cement plant in the entire globe., June 2023: Vulcan Materials Company was recognized by United States News and World Report as among the top 200 Best Companies to Work. The business was also listed in American corporations' 2023 Fortune 500 index. The quality of salary and benefits, work/life balance and flexibility, job and business stability, physical and psychological comfort, a sense of belonging and self-worth, career prospects, and professional development are all factors considered by U.S. News in its analysis.March 2023: The construction aggregate industry faced significant challenges due to rising fuel costs and ongoing supply chain disruptions caused by the pandemic and the war in Ukraine. These factors contributed to price hikes for construction materials, impacting project budgets and timelines.May 2023: The industry witnessed a growing focus on sustainable alternatives for traditional construction aggregates. Recycled materials, such as crushed concrete and demolition debris, gained traction as companies aimed to reduce their environmental footprint and meet sustainability goals.. Key drivers for this market are: . Driver 1, . Driver 2. Potential restraints include: . Restraint 1. Notable trends are: The growing construction activities to aid the market growth.

Vietnam Consumer Price Index (CPI): MoM: Housing and Construction Materials data was reported at 0.310 % in Oct 2018. This records an increase from the previous number of 0.200 % for Sep 2018. Vietnam Consumer Price Index (CPI): MoM: Housing and Construction Materials data is updated monthly, averaging 0.310 % from Jan 2016 (Median) to Oct 2018, with 34 observations. The data reached an all-time high of 0.935 % in Aug 2017 and a record low of -0.410 % in Feb 2016. Vietnam Consumer Price Index (CPI): MoM: Housing and Construction Materials data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.I005: Consumer Price Index: 2014=100: MoM & YoY Growth.