Portugal Construction Industry Report 2025: Output to Grow at an AAGR of 1.7% During 2026-2029, Following Growth of 2.5% this Year - ResearchAndMarkets.com

The "Portugal Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to ResearchAndMarkets.com's offering.

The Portuguese construction industry is expected to grow by 2.5% in 2025, supported by growth in the building permits and export activities, coupled with an investment in transport and energy projects.

According to the Instituto Nacional de Estatistica (INE), the total number of building permits issued in the country grew by 7.6% in 2024. Preceded by the total number of building permits issued in the country falling by an annual decline of 5% in 2023. According to the Bank of Portugal, foreign direct investment (FDI) transactions rose to EUR13.2 billion ($14.4 billion) in 2024, marking a growth of 18.9% compared to the EUR11.1 billion ($12.1 billion) recorded in 2023. However, the residential construction sector is anticipated to experience a slowdown in growth in the short term due to high construction costs and elevated housing prices, which are expected to exert downward pressure on the construction sector.

The construction industry's output is expected to register an annual average growth of 1.7% between 2026 and 2029, supported by government investments in transport and energy infrastructure projects, coupled with the government's Recovery and Resilience Plans (RRP). For instance, in December 2024, the country received the fifth payment of EUR2.9 billion ($3.2 billion) as a part of the European Union's EUR22.2 billion ($24.2 billion) Recovery and Resilience Plan (RRP) which was announced in October 2023 for the upgrade and development of transport and energy infrastructure projects in the country.

The funding will be used for expanding metro networks in Lisbon and Porto and a bus rapid transit line in Braga, for improving residential energy efficiency, for renewable hydrogen production capacities and the installation of 15,000 electric vehicle charging stations.

Scope

• Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Portugal, featuring details of key growth drivers
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline
• Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using the analyst's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

• Outlook
• Latest news and developments
• Construction Projects Momentum Index

4.2 Commercial Construction

• Outlook
• Project analytics
• Latest news and developments

4.3 Industrial Construction

• Outlook
• Project analytics
• Latest news and developments

4.4 Infrastructure Construction

• Outlook
• Project analytics
• Latest news and developments

4.5 Energy and Utilities Construction

• Outlook
• Project analytics
• Latest news and developments

4.6 Institutional Construction

• Outlook
• Project analytics
• Latest news and developments

4.7 Residential Construction

• Outlook
• Project analytics
• Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/y63jef

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