Eastern Europe Construction Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Eastern Europe Construction Market. The market is segmented by Sector (Residential, Commercial, Industrial, Infrastructure (Transportation), Energy and Utilities) by Geography (Romania, Hungary, Croatia, Ukraine, Bulgaria and Rest of Eastern Europe)

Market Snapshot

Eastern Europe Construction Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 7 %

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Market Overview

The Eastern Europe Construction Market is estimated to grow at a CAGR of approximately 7% during the forecast period.

The European construction market is expected to continue with an average annual growth of more than 3% relative to the weakest building sector (+ 1%). At the country level, the positive development in Eastern European countries will be supported by strong growth of around +6%.

Prime real estate investors are looking to new prospects for the developing markets in Eastern Europe. Cities like Budapest, Prague, and Warsaw show strong signs of growth and attract buyers who are comfortable with some risk, especially in Hungary's prime markets, where the political climate has introduced a degree of uncertainty.

A common trend among these rising Eastern European markets is that demand comes mainly from domestic consumers, suggesting an increasing number of international consumers are involved in this year's investment. Such global markets are home to a growing number of high-end inventories, and many Eastern European cities will see the luxurious new technologies launch in 2020. In recent years, many luxury high-rises have gone up in Warsaw. Prime real estate investors are awaiting the completion of Foksal 13/15, a property from the 19th century that was the residence of many prominent Poles and has been renovated to house luxury apartments.

Scope of the Report

The Eastern Europe construction market covers the growing construction projects in different sectors, like commercial construction, residential construction, industrial construction, infrastructure (transportation construction), and energy and utility construction and by Geography Romania, Hungary, Croatia, Ukraine, Bulgaria and Rest of Eastern Europe. Along with the scope of the report also it analyses the key players and the competitive landscape in the Eastern Europe Construction Market.

By Sector
Residential
Commercial
Industrial
Infrastruture (Transportation)
Energy and Utilities
BY Geography
Romania
Hungary
Croatia
Ukraine
Bulgaria
Rest of Eastern Europe

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Key Market Trends

Increase in Residential Building Permits in Romania:

With the good potential to generate steady, long-term income, capital appreciation and significant diversification benefits, the real estate segment still offers attractive investment opportunities, especially for investors that can cope with lower liquidity. Last year, constructions and real estate transactions contributed with almost one percentage point to Romania’s 4% economic growth achieved in the first three quarters of 2019.

Easter Europe Construction Market

Increase in Residential Building Permits in Czech Republic:

The total number of newly started dwellings allowed but not necessarily completed during that time was 27,600 in 2018 (3.6% Year on Year growth). It has been the highest number since 2009. In addition, the number of dwellings started in multi-family buildings increased marginally in 2018 (0.5% Year on Year) and reached 7,300. While this is again the highest number since 2009, it remains almost 50% below the 2008 pre-crisis-level. Construction output in 2018 rose by 8.4% year-on-year in real terms. This represents the highest rate since 2004 supported mainly by building construction, which grew at an 8.6% pace (contribution 6.3 percentage points), but also a solid performance in civil engineering construction, which increased by 8.0% YoY.

Eastern Europe Construction Market 2

Competitive Landscape

The report covers the major players operating in the Eastern Europe Construction Market. The market is fragmented, the market is expected to grow during the forecast period due to the increase in the construction permits in the region and other few factors are driving the market. 

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 Porters 5 Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Market Insights

      1. 4.6.1 Current Economic and Construction Market Scenario

      2. 4.6.2 Technological Innovations in the Construction Sector

      3. 4.6.3 Impact of Government Regulations and Initiatives on the Industry

      4. 4.6.4 Impact of COVID - 19 on the market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Sector

      1. 5.1.1 Residential

      2. 5.1.2 Commercial

      3. 5.1.3 Industrial

      4. 5.1.4 Infrastruture (Transportation)

      5. 5.1.5 Energy and Utilities

    2. 5.2 BY Geography

      1. 5.2.1 Romania

      2. 5.2.2 Hungary

      3. 5.2.3 Croatia

      4. 5.2.4 Ukraine

      5. 5.2.5 Bulgaria

      6. 5.2.6 Rest of Eastern Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Mergers & Acquisitions

    3. 6.3 Company Profiles

      1. 6.3.1 Vinci

      2. 6.3.2 ACS

      3. 6.3.3 Bouygues

      4. 6.3.4 Eiffage

      5. 6.3.5 Skanska

      6. 6.3.6 Strabag

      7. 6.3.7 Balfour Beatty

      8. 6.3.8 Acciona

      9. 6.3.9 Royal Bam Group NV

      10. 6.3.10 Fomento De Construcciones Y Contratas

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

**Subject to Availability

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Frequently Asked Questions

The Eastern Europe Construction Market market is studied from 2016 - 2026.

The Eastern Europe Construction Market is growing at a CAGR of 7% over the next 5 years.

Vinci , ACS , Bouygues , Eiffage , Skanska are the major companies operating in Eastern Europe Construction Market .

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