Market Size of Middle East and Africa Repair and Rehabilitation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Repair & Rehabilitation Market Analysis
The Middle East and African repair and rehabilitation market is expected to register a CAGR of over 3% during the forecast period.
Construction activities across the world faced major disruptions during COVID-19. Labor shortages, strict social distancing norms, and supply chain disruptions led to major construction activities coming to a standstill. However, with almost all restrictions being lifted and the manufacturing and services sector slowly progressing toward post-pandemic recovery, the construction sector is expected to witness a strong revival in the coming years.
- In view of the impending climate change, governments are now working to safeguard their national and municipal infrastructure by investing heavily in rehabilitation projects in a bid to make these infrastructures climate-resilient.
- On the flip side, high initial investment requirements and engineering challenges associated with the repair of various heritage infrastructures could relatively affect the demand for the repair and rehabilitation market during the forecast period.
- However, rising seismic activity across the globe and the resultant increase in natural disasters like earthquakes and hurricanes could potentially drive demand for disaster-proofing of major infrastructure across the region.
- South Africa is expected to lead the demand for repair and rehabilitation market across Middle-East and African regions.
