New Zealand's construction industry has seen relatively continuous growth over the past decade, contributing around **** billion New Zealand dollars in gross domestic product (GDP) in the year ended March 2024. Nonetheless, in 2025, the country's construction industry GDP fell to **** billion dollars. Key construction segments In New Zealand, the construction sector includes residential builds, commercial builds, and infrastructure such as roads and energy services. All segments have grown due to increasing demand for housing, offices, roads, energy, fiber installation, and water supply. New Zealand’s housing market has been an important topic over the years, with larger metropolitan regions such as Auckland facing large housing shortages. The value of residential building consents issued across the nation grew consistently between 2017 and 2022 before witnessing a decline in 2023 and 2024. In terms of infrastructure construction starting in 2024, transportation and water infrastructure projects led by volume. Climate resilience of infrastructure Owing to its geographical location, New Zealand has a relatively high natural disaster risk, including flooding and cyclones. Following damages caused to properties, roads, bridges, and other infrastructure in 2023 and 2024 due to Cyclone Gabrielle, the East Coast floods, and several wildfires, the ability of the country's housing and infrastructure to withstand climate change has shifted into focus. Building new and adapting existing buildings and infrastructure to be more climate resilient is becoming vital in terms of preparedness and the smooth functionality of the construction pipeline as a whole to reduce cancellations, delays, and high rebuild costs.

The House Construction industry plays a vital role in New Zealand's economy, meeting a need for home ownership and rental accommodation while stimulating economic growth. A shift in housing preferences towards medium-to-high-density apartments and townhouses, reflecting an escalation in house and land prices and modern lifestyle choices, is constraining the industry’s long-term performance. Changing government policies on first-home buyer grants, mortgage payment taxation and the promotion of social housing also profoundly affect the industry's performance. During the COVID-19 pandemic, the industry benefited from strong population growth, higher household savings and record-low mortgage rates. Government measures like first-home buyer stimulus, easing loan-to-value (LTV) restrictions and Housing Acceleration Fund (HAF) investments further supported growth. Still, a hike in mortgage interest rates as the Reserve Bank of New Zealand attempted to rein in inflation has choked off housing investment in recent years and slashed new dwelling consents. Given the rollercoaster that homebuilders have been on over the past five years, industry revenue is only expected to edge up at an annualised 0.3%, to $21.0 billion, over the past five years despite contracting by an estimated 2.5% in 2024-25. While some builders thrived during a 2022-23 housing boom, industry profit margins have plummeted in recent years with slumping housing investment. Many builders saw their profit shrink amid climbing input prices and supply chain disruptions, and some builders on fixed-price contracts struggled to absorb the higher input costs. Looking ahead, homebuilders face harsh conditions over the next few years, losing ground to the Multi-Unit Apartment and Townhouse Construction industry. Mounting population pressures support constructing new accommodation, and easing mortgage interest rates will encourage investment in residential building construction and are projected to drive total dwelling consents up by an annualised 2.3%. However, continued growth in house and land prices will drive investment towards medium-to-high-density dwelling options, like duplexes, townhouses, flats and apartments. In light of this, industry revenue is forecast to fall marginally at an annualised 0.2% to $20.9 billion through the end of 2029-30.

Market Size statistics on the House Construction industry in New Zealand

Australia And New Zealand Residential Slab Void Former Systems Market Size And Forecast

Australia And New Zealand Residential Slab Void Former Systems Market size was valued at USD 304.96 Million in 2023 and is projected to reach USD 482.57 Million by 2031, growing at a CAGR of 6.14% from 2024 to 2031.

Australia and New Zealand Residential Slab Void Former Systems Market

Drivers:

Growing Residential Construction Activities: Increasing demand for new residential buildings drives the need for slab void former systems to optimize construction processes.

Focus on Sustainable Building Practices: Void former systems contribute to more sustainable construction by reducing material usage and enhancing thermal insulation.

Advancements in Construction Technology: Innovations in slab void former systems improve their efficiency and performance, attracting more builders and developers.

Restraints:

High Initial Costs: The upfront investment required for slab void former systems may deter some residential developers.

Regulatory and Compliance Issues: Stringent building codes and regulations can complicate the adoption and implementation of new construction technologies.

Limited Awareness and Adoption: Some regions may have limited knowledge of the benefits and applications of void former systems, slowing market growth.

The New Zealand data center construction market, valued at $0.67 million in 2025, is projected to experience robust growth, driven by increasing demand for digital services and cloud computing within the country. A compound annual growth rate (CAGR) of 17.21% from 2025 to 2033 indicates significant expansion. This growth is fueled by factors such as the rising adoption of digital transformation initiatives across various sectors – banking, finance, IT, telecommunications, and government – demanding advanced data center infrastructure. Furthermore, the expanding e-commerce sector and the need for robust data storage and processing capabilities are contributing significantly to market expansion. Key market segments include electrical infrastructure (power distribution solutions, backup solutions, and services), mechanical infrastructure (cooling systems and racks), and general construction. The market is further segmented by tier type (Tier I-IV) and end-user sectors, with significant contributions expected from the banking, financial services, insurance, and IT & telecommunications sectors. The presence of established players like AECOM, Arup Group, and Jacobs Solutions suggests a mature yet dynamically growing market with opportunities for both established and emerging companies. The market's growth trajectory is not without challenges. While opportunities abound, factors such as high construction costs and potential skill shortages within the specialized workforce could act as restraints. However, the strong government support for digital infrastructure development and the increasing adoption of sustainable technologies within data center construction are likely to mitigate these challenges. The market is expected to witness increased competition as more companies enter the sector, driven by the potential for substantial returns and the growing demand for reliable and efficient data centers in New Zealand. Focus on innovative cooling technologies like immersion cooling and direct-to-chip cooling will be crucial for minimizing environmental impact and operational costs, potentially shaping future market trends. Recent developments include: February 2024: Spark New Zealand, a telecommunications firm, is set to construct a data center in North Shore, Auckland. This initiative is part of a broader expansion strategy, where the company is not only building three 'large-scale' data center campuses in Auckland but also establishing a network of regional data centers nationwide. The total investment for this expansion is estimated to range between NZD 156-189 million (USD 95-115m).April 2023: The government of New Zealand announced the building of a data center worth USD 188 million in its Auckland air force base and is expecting to complete construction by 2025. Such initiatives are expected to provide more opportunities for the vendors studied in the market.. Key drivers for this market are: 4., Rising Generative AI applications and Big Data to boost data center construction4.; Rising Adoption of Green Energy Projects. Potential restraints include: 4., Rising Generative AI applications and Big Data to boost data center construction4.; Rising Adoption of Green Energy Projects. Notable trends are: Hyperscale Data Center Segment is expected to be the Fastest Growing.

The Site Preparation Services industry is one of the largest industries in the Construction Services subdivision and is crucial for most building and infrastructure projects. The industry mainly comprises small-scale enterprises that develop sites in preparation for building construction. These services include demolition and land remediation, earthmoving, levelling, foundation preparations and wet hire services. Site preparation contractors are heavily dependent on building and infrastructure trends, but contractors also specialise in bulk earthmoving work on mine developments, specialist demolition work and asbestos removal. In recent years, many of the industry’s smaller contractors have endured intensely competitive conditions in the residential building market. Mortgage interest rate hikes and less favourable bank lending conditions have caused the development of new residential subdivisions to plummet. Work in the residential building market has fallen from a cyclical peak in 2022-23, corresponding with the downwards trend in new dwelling consents, a forward indicator of demand for residential land development. The non-residential building market has provided the main stimulus for the industry’s expansion through 2025-26. The lion's share of work on urban commercial and institutional building developments is undertaken by larger contractors that can deliver complex solutions to prepare site foundations for large structures. Larger site preparation contractors have also benefited from investment in large-scale transport infrastructure projects and wind farm developments. Favourable trends in the non-housing construction markets have underpinned expected annualised revenue growth of 1.9% over the five years through 2025-26. This includes an anticipated 2.4% uptick in revenue in 2025-26, to reach $5.1 billion, on the back of an upswing in residential building construction and favourable trends in the non-residential construction markets. Industry profitability has edged upwards and the number of enterprises has climbed through 2025-26 thanks to robust demand for site preparation work on lucrative non-residential building projects. Over the coming years, site preparation contractors will continue encountering difficult conditions in the residential building market, despite falling mortgage interest rates and mounting population pressures. Much of the new housing development will focus on delivering higher density apartments and townhouses, which require less site preparation activity per dwelling unit. Positive trends in non-residential building and infrastructure construction will provide a bright spot for some site preparation contractors. Industry revenue is forecast to climb modestly at an annualised 0.7% over the five years through 2030-31, to $5.3 billion.

New Zealand Infrastructure Sector Market size was valued at USD 55 Billion in 2024 and is projected to reach USD 75 Billion by 2031, growing at a CAGR of 3% from 2024 to 2031.

New Zealand Infrastructure Sector Market Drivers

Increased Spending: The government has made significant investments in infrastructure through initiatives like the New Zealand Upgrade Programme (NZUP), which aims to improve facilities for education, healthcare, and transportation. Regulatory Frameworks: Project approvals are expedited by policies that favor resource management reforms and public-private partnerships (PPPs). Climate Resilience: The National Adaptation Plan and other climate change adaptation policies encourage the construction of sustainable infrastructure.

New Zealand Business Outlook Survey: All Industries: Residential Construction data was reported at 4.500 NA in Oct 2018. This records a decrease from the previous number of 24.100 NA for Sep 2018. New Zealand Business Outlook Survey: All Industries: Residential Construction data is updated monthly, averaging 15.200 NA from Feb 1991 (Median) to Oct 2018, with 306 observations. The data reached an all-time high of 66.700 NA in Dec 2013 and a record low of -46.200 NA in Mar 2008. New Zealand Business Outlook Survey: All Industries: Residential Construction data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.S013: Business Outlook Survey.

New Zealand Data Center Construction Market size was valued at USD 1.20 Bn in 2024 and is projected to reach USD 3.80 Bn by 2032, growing at a CAGR of 15.0% from 2026 to 2032.New Zealand Data Center Construction Market: Definition/ OverviewData center construction refers to the process of building specialized facilities that house critical IT infrastructure, including servers, storage systems, networking equipment, and cooling systems, to ensure the reliable operation of digital services. These facilities are essential for supporting cloud computing, enterprise IT, e-commerce platforms, and various data-driven applications. The application of data centers spans across industries such as telecommunications, finance, healthcare, and retail, providing secure, scalable, and high-performance environments for managing large volumes of data. With the rapid advancements in technologies like AI, 5G, and IoT, the future scope of data center construction is poised for significant growth, driven by the increasing demand for edge computing, energy-efficient solutions, and sustainable infrastructure to support the global digital economy.

New Zealand Business Outlook Survey: Construction: Residential Construction data was reported at 18.200 NA in Jun 2018. This records an increase from the previous number of 17.400 NA for May 2018. New Zealand Business Outlook Survey: Construction: Residential Construction data is updated monthly, averaging 33.300 NA from May 2007 (Median) to Jun 2018, with 123 observations. The data reached an all-time high of 66.700 NA in Dec 2013 and a record low of -46.200 NA in Mar 2008. New Zealand Business Outlook Survey: Construction: Residential Construction data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.S013: Business Outlook Survey.

New Zealand Business Outlook Survey: Service: Residential Construction data was reported at 59.100 NA in Jul 2013. New Zealand Business Outlook Survey: Service: Residential Construction data is updated monthly, averaging 59.100 NA from Jul 2013 (Median) to Jul 2013, with 1 observations. New Zealand Business Outlook Survey: Service: Residential Construction data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.S015: Business Outlook Survey.

Market Size statistics on the Institutional Building Construction industry in New Zealand

The New Zealand infrastructure market, valued at $54.22 billion in 2025, is projected to experience steady growth, with a compound annual growth rate (CAGR) of 3.7% from 2025 to 2033. This growth is driven by several key factors. Increased government investment in transportation infrastructure, including road upgrades and public transport improvements, is a significant contributor. Furthermore, a rising focus on sustainable infrastructure development, encompassing renewable energy projects and water management systems, fuels market expansion. The burgeoning social infrastructure sector, encompassing educational facilities and healthcare infrastructure development, also contributes substantially. Growth within the manufacturing and utilities sectors, requiring robust infrastructure for efficient operations, further bolsters market expansion. The market is segmented by application (transportation, social, utilities, manufacturing) and revenue stream (direct investment, indirect investment, others), allowing for a nuanced understanding of investment patterns and market dynamics. Major players like Fletcher Building, Downer EDI, and Ventia Services Group are prominent in the market, employing a mix of competitive strategies to secure market share. Industry risks, such as fluctuating material costs and skilled labor shortages, present challenges, demanding adaptive strategies from market participants. The forecast period (2025-2033) anticipates continued growth, primarily fueled by ongoing government initiatives promoting economic development and improved living standards. The market's segmentation offers opportunities for specialized service providers to cater to specific infrastructure needs. The competitive landscape features both large multinational corporations and local firms, each leveraging unique strengths and strategies. While challenges exist, the long-term outlook for the New Zealand infrastructure market remains positive, driven by sustained investment and an increasing focus on sustainable and resilient infrastructure development. The interplay between government policy, private investment, and technological innovation will shape the market’s trajectory in the coming years.

Market Size statistics on the Commercial and Industrial Building Construction industry in New Zealand

The Australia and New Zealand cross laminated timber (CLT) market size was valued at USD 125.7 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 563.6 Million by 2033, exhibiting a CAGR of 18.14% from 2025-2033. The market is expanding due to the rising demand for sustainable construction materials government support for low-carbon buildings and advancements in prefabrication. The widespread adoption in residential and commercial projects, along with investments in domestic CLT production is driving market growth.

The New Zealand market for building blocks and bricks of cement, concrete or artificial stone soared to $1.3M in 2024, with an increase of 91% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a pronounced decline.

Oceania Truck-mounted Concrete Pump Market Outlook

The global truck-mounted concrete pump market is projected to witness substantial growth, with a market size that stood at approximately USD 3.5 billion in 2023 and is expected to reach around USD 5.5 billion by 2032, growing at a CAGR of 5.2% over the forecast period. The Oceania region, which includes countries such as Australia, New Zealand, and Papua New Guinea, is experiencing significant market growth driven by factors such as increasing urbanization, rapid infrastructure development, and technological advancements in construction machinery. The rising demand for efficient and time-saving concrete pumping solutions in both residential and non-residential sectors is propelling the market forward. Additionally, the emphasis on sustainable construction practices and the integration of eco-friendly technologies are also contributing to the market's growth trajectory.

One of the primary growth factors for the truck-mounted concrete pump market in Oceania is the region's booming construction industry, catalyzed by major infrastructure projects and urban development plans. The Australian government, for example, has been investing heavily in infrastructure development, including major road, rail, and airport projects, which require efficient and high-performance concrete pumping solutions. Similarly, New Zealand has witnessed an uptick in construction activities owing to urban expansion and reconstruction efforts following natural disasters. The increased focus on residential construction, driven by population growth and urban migration, further fuels the demand for truck-mounted concrete pumps in the region. These pumps offer the advantage of quicker setup times and improved mobility, making them a preferred choice for various construction projects.

Technological advancements in truck-mounted concrete pumps have also been a crucial factor driving market growth. The development of innovative pump designs that offer enhanced precision, reduced labor costs, and improved efficiency has been particularly significant. Manufacturers are increasingly focusing on integrating advanced technologies such as telematics, IoT, and AI to enhance the performance and reliability of concrete pumps. These innovations facilitate better monitoring and control, predictive maintenance, and remote diagnostics, which boost operational efficiency and reduce downtime. Moreover, the introduction of eco-friendly pump models aligns with the growing emphasis on sustainable construction practices, thereby attracting environmentally conscious construction firms and developers.

The growing trend towards public-private partnerships and government initiatives aimed at modernizing infrastructure is another significant growth driver for the truck-mounted concrete pump market in Oceania. Governments in the region are actively collaborating with private players to expedite infrastructure projects, which in turn, drives the demand for advanced construction equipment like truck-mounted concrete pumps. These partnerships often involve the development of smart cities, transport networks, and utility infrastructure, which necessitate efficient concrete pumping solutions. The increased availability of funding and support from financial institutions for infrastructure development also contributes to the market's positive outlook.

Trailer Mounted Concrete Pumps are gaining traction in the Oceania market as a versatile and efficient solution for various construction needs. Unlike their truck-mounted counterparts, these pumps offer enhanced mobility and flexibility, making them ideal for projects with limited access or space constraints. Their compact design allows for easy transportation and setup in challenging terrains, which is particularly beneficial in regions like Papua New Guinea, where infrastructure development often occurs in remote areas. The ability to quickly deploy and reposition trailer mounted pumps makes them a preferred choice for contractors looking to optimize project timelines and reduce operational costs. As the demand for adaptable and efficient concrete pumping solutions grows, trailer mounted concrete pumps are expected to play a crucial role in meeting the diverse needs of the construction industry across Oceania.

Regionally, Australia dominates the Oceania truck-mounted concrete pump market due to its robust construction sector and extensive infrastructure projects. With a CAGR of 5.5%, Australia's market growth can be attributed to significant investments in transpo

Market Size statistics on the Heavy Industry and Other Non-Building Construction industry in New Zealand

In 2024, the New Zealand non-refractory ceramic building bricks market decreased by -5.4% to $90M for the first time since 2018, thus ending a five-year rising trend. In general, the total consumption indicated a measured increase from 2012 to 2024: its value increased at an average annual rate of +3.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Building Permits in New Zealand increased to 2883 Units in July from 2735 Units in June of 2025. This dataset provides the latest reported value for - New Zealand Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.