The UK Construction Market Forecast Report Covers Industry Trends and is Segmented by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure Construction, and Energy and Utility Construction) and by Key Regions (England, Northern Ireland, Scotland, and Wales). The Report Offers Market Sizes and Forecasts in Value (USD Billion) for all the Above Segments.

In 2024, the value of raw building materials imported into the United Kingdom (UK) decreased by 23 million British pounds. In 2021, the import value of raw building materials reached its highest value since 2010. That was also the year with one of the largest trade deficits. The construction output in Great Britain increased in the past years.

Housing and non-housing repair and maintenance were the segments with the largest construction output in the United Kingdom in 2024. Those two sectors together amounted to over 44 percent of the industry. Meanwhile, the output of new private housing construction amounted to 17.9 percent. The output volume of infrastructure in the past five years has been higher than in previous decades. A look at the construction output index for new private housing shows that output increased in 2021 and 2022, but it has fallen after that. Construction GVA increasingAn increased output also translated into a growing contribution to the gross domestic product (GDP). In the fourth quarter of 2024, the construction industry had a gross value added of nearly 38 billion British pounds. That value reached a low point during the start of the COVID-19 pandemic. In comparison, the overall GDP of the United Kingdom was valued at over 2.56 trillion British pounds. Private housing construction expected to declineThe output of the private housing sector was forecast to increase significantly in 2025. The few years after that, the output of private housing construction is expected to keep increasing but at a slower rate. The average price of houses in the UK increased noticeably in 2024, higher demand for and higher prices of housing generally incentivize the housing sector.

The Residential Construction Market Report is Segmented by Type (Villas and Landed Houses and Condominiums and Apartments) and Key Cities (London, Birmingham, Glasgow, Liverpool, and the Rest of the UK). The Report Offers Market Size and Forecasts for UK Residential Construction Market in Value (USD) for all the Above Segments.

In 2023, the UK Construction Market reached $316.86 billion, and it is projected to surge to $439.04 billion by 2030 due to surge in infrastructure sector

Quarterly non-seasonally adjusted type of work and regional data at current prices, Great Britain.

Of the 112 thousand buildings construction local enterprises operating in the United Kingdom in 2020, the majority were businesses that employed less than five people. Buildings construction enterprises that employed between five and nine people numbered at 8 thousand, while there were just 120 companies that employed 250 people or more.

Monthly construction output for Great Britain at current price and chained volume measures, seasonally adjusted by public and private sector.

Construction output work types and their percentage of all construction work in Great Britain. Contains monthly, quarterly and annual data.

The UK construction market size was valued at GBP 398.68 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 3.19% from 2025 to 2033. The growth of the market can be attributed to the increasing demand for residential, commercial, and infrastructure projects, as well as government initiatives to support the construction industry. Key drivers of the UK construction market include the rising population, increasing urbanization, and need for new infrastructure. The government's focus on infrastructure development, such as the High Speed 2 (HS2) project, is also expected to boost market growth. Additionally, the growing adoption of sustainable construction practices and the increasing use of technology in the industry are expected to drive market growth. The market is expected to be supported by the government's initiatives to increase investment in infrastructure and the construction of new homes. However, the market is also facing some challenges, such as rising costs of materials and labor, and the impact of Brexit. Recent developments include: December 2022: The Access Group has announced that it has successfully acquired Construction Industry Solutions (COINS), enhancing its capacity to offer international software and services to businesses engaged in the construction industry., March 2023: The Department of Transport, UK, has announced over £40 billion of capital investment in transport across the next two financial years, which will drive significant improvements to rail and roads across our country.. Key drivers for this market are: Transport Infrstructure Investment. Potential restraints include: Shortage of Skilled Labor. Notable trends are: Increase in GVA of construction Industry.

The UK Data Center Construction Market Report is Segmented by Infrastructure (Electrical Infrastructure (Power Distribution Solution (PDU, Transfer Switches, Switchgear, Power Panels and Components, and Other Power Distribution Solutions)), Power Back-Up Solutions (UPS and Generators), Service - Design and Consulting, Integration, and Support and Maintenance, Mechanical Infrastructure (Cooling Systems (Immersion Cooling, Direct-To-Chip Cooling, Rear Door Heat Exchanger, and In-Row and In-Rack Cooling)), Racks, and Other Mechanical Infrastructure)), General Construction, Tier Type (Tier 1 and 2, Tier 3, and Tier 4), and End User (Banking, Financial Services and Insurance, IT and Telecommunications, Government and Defense, Healthcare, and Other End Users).

Quarterly new orders at current price and chained volume measures, seasonally adjusted by public and private sector. Quarterly non–seasonally adjusted type of work and regional data.

Forecast: Construction Sector Final Consumption of Natural Gas in the UK 2024 - 2028 Discover more data with ReportLinker!

In 2024, there were approximately 36,000 job vacancies in the construction sector in the United Kingdom. In 2022, the labor demand for construction reached its highest point throughout the timeline. The number of openings in the industry also peaked in 2007 with 26,000 vacancies, coinciding with the end of the housing bubble.

Forecast: Construction Sector Final Consumption of Solid Fossil Fuels in the UK 2024 - 2028 Discover more data with ReportLinker!

The construction industry in Great Britain, including value of output and type of work, new orders by sector, number of firms and total employment.

Forecast: Construction Sector Final Consumption of Hard Coal in the UK 2022 - 2026 Discover more data with ReportLinker!

The United Kingdom Construction Market was USD 363.03 billion in 2024, expected to grow at a 2.9% CAGR to USD 469.55 billion by 2034.

Residential building contractors are contingent on the propensity of property developers to invest in new ventures; movements in property prices; government schemes intended to boost the housing supply; and underlying sentiment in the housing market. Industry contractors have endured turbulent operating conditions over the past five years, leading to volatile shifts in revenue and profitability. Revenue is forecast to grow at a compound annual rate of 1% over the five years through 2024-25, reaching £97.4 billion. The pandemic caused a significant drop in output in 2020-21, as restrictions placed on on-site activity and fewer enquiries for new housing units reduced revenue opportunities. Aided by government support for the housing market and the release of pent-up demand, 2021-22 was characterised by a strong rebound in activity, though materials and labour shortages maintained constraints on output. Mounting supply chain disruption and heightened economic uncertainty maintained pressure on output in the following year, though revenue growth was maintained by growth in average selling prices. Interest rate hikes and inflationary pressures led to a more subdued housing market in 2022-23, holding back the number of housing starts and completions during the year. This was followed by a slump in new residential building construction in the following year, as high borrowing costs and uncertain market conditions caused developers to scale back investment plans. Revenue is set to grow by 1.5% in 2024-25, aided by a slight improvement in new orders for residential building construction and an uptick in average selling prices. Revenue is slated to climb at a compound annual rate of 1.5% to reach £105.1 billion over the five years through 2029-30. Housebuilding activity is set to grow in the medium-term, aided by the release of pent-up demand. Nonetheless, significant uncertainty remains, with mortgage rates likely to settle well-above pre-pandemic levels and supply chains remaining fragile. The new government’s pledge to deliver 1.5 million houses during the first five years of parliament will boost demand for industry contractors, though the full impact of this on growth prospects is dependent on the nature and extent of accompanying funding plans.