IDEAS home Printed from https://ideas.repec.org/b/wfo/wstudy/65062762.html
   My bibliography  Save this book

100th Euroconstruct Conference: European Construction Market Outlook until 2028 – European construction set for gradual recovery after a two-year decline. Summary Reports

Author

Listed:
  • Euroconstruct

Abstract

The 100th Euroconstruct Winter Forecast presents a cautiously optimistic outlook for European construction from 2025 to 2028, following a challenging two-year contraction period. After a decline in 2024, the sector is forecast to stabilise with 0.3 percent growth in 2025 and accelerate stronger in 2026 as financing conditions improve. Civil engineering emerges as the strongest performer, expanding consistently through 2028, while residential construction remains the primary drag on growth, with a genuine rebound only materialising in 2027. Non-residential construction shows moderate recovery. The composition of growth is shifting: new construction and civil engineering will increasingly drive the cycle from 2025 onwards, while renovation enters a phase of lower expansion. National trajectories remain highly heterogeneous, with Ireland, Poland, Sweden, and the UK leading the recovery. Overall, the combination of improving financial conditions, long-term infrastructure programmes, and sustained renovation demand should help stabilise the sector in 2025 and support broader growth from 2026 onward. With contributions from Arthur Cluet, Ludwig Dorffmeister, Roch-Eloi Grivet, Nathalie Kouassi, Nejra Macic, Markku Riihimäki, Adam Sochacki, Marte Strømme Svenberg.

Suggested Citation

  • Euroconstruct, 2025. "100th Euroconstruct Conference: European Construction Market Outlook until 2028 – European construction set for gradual recovery after a two-year decline. Summary Reports," WIFO Studies, WIFO, number 65062762, October.
    • Handle: RePEc:wfo:wstudy:65062762
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/?p=438681
    File Function: abstract
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wstudy:65062762. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.