Global Construction Grows 3.3% in 2024

Jan 19, 2025
Ecommerce, Machines
2,300 Views

The global construction industry grew by 3.3% in 2024, propelled by robust household spending on residential projects and renovations, with forecasts predicting sustained expansion through 2029 as governments prioritize infrastructure and sustainable building initiatives. The rise of green technologies, including low-carbon materials and modular construction, is reshaping the sector, offering cost savings and environmental benefits amid increasing regulatory pressure for net-zero compliance.