Poland Construction Market Size (2024 - 2029)

The market size of the construction sector in Poland is projected to experience growth over the forecast period, despite facing challenges during the COVID-19 pandemic, such as project delays and cost escalation risks. The post-pandemic recovery is expected to be driven by demand in residential construction outpacing supply, even as commercial construction remains subdued. However, the sector may face potential risks due to disputes between the EU and Poland which could impact funding, and increasing costs for construction materials and labor that could affect profit margins. Payment behavior in the industry has also been problematic, with overdue payments being a common issue.

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Market Size of Poland Construction Industry

Poland Construction Market Size
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 116.22 Billion
Market Size (2029) USD 145.66 Billion
CAGR (2024 - 2029) 4.62 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order
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Poland Construction Market Analysis

The Poland Construction Market size is estimated at USD 116.22 billion in 2024, and is expected to reach USD 145.66 billion by 2029, growing at a CAGR of 4.62% during the forecast period (2024-2029).

During the COVID-19 pandemic, most construction sites were closed due to the fear of infection. The projects are already delayed in relation to completion and handover. The developers are not facing the cost escalation risk only, also afraid of the spreading of COVID-19 in projects.

After a 3.5% contraction in 2020, Polish construction output is forecast to level off and then rebound by more than 7% in 2022. Apart from warehousing and transport-related building projects, commercial construction is performing poorly, as an investment in office buildings remains subdued. Civil engineering is set to grow, but the current dispute between the EU and Poland over the rule of law issues is putting a disbursement of EUR 36 billion from the Next Generation EU fund at risk. That said, the outlook for residential construction is more positive as demand continues to exceed supply.

While profit margins of construction businesses remained stable in 2020 and H1 of 2021, they are expected to deteriorate in 2022 due to higher prices for construction materials and increasing labor costs. Payments in the Polish construction industry take 83 days on average. Payment behavior has been rather bad over the past two years, and overdue payments of up to 30 days are common.

Poland Construction Industry Segmentation

The construction market consists of the sales revenues earned by entities (organizations, sole traders, and partnerships) that construct buildings or engineering projects. This report analyses the key players and the competitive landscape in Poland's Construction Market. The impact of COVID-19 has also been incorporated and considered during the study.

Poland's construction market is segmented by Sector (Residential, Commercial, Industrial, Infrastructure (Transportation), Energy, and Utilities). The report offers market size and forecasts for the Polish construction market in value (USD Billion) for all the above segments.

By Sector
Residential
Commercial
Industrial
Infrastructure
Energy and Utilities

Poland Construction Market Size Summary

The Poland Construction Market is expected to witness significant growth in the coming years. This growth is attributed to a variety of factors, including the ongoing road and railway infrastructure projects, residential housing, office, and warehouse construction. Despite the challenges posed by the COVID-19 pandemic, the sector has shown resilience and is expected to rebound with a positive outlook for residential construction as demand continues to exceed supply. However, factors such as higher prices for construction materials and increasing labor costs are expected to impact profit margins in the industry. The construction sector in Poland is highly competitive with a few key players holding the majority share. The market is fragmented but is anticipated to grow due to increased construction investments and the initiation of major projects in the country. With low-interest rates expected to further boost the sector, Poland's construction industry is poised for substantial growth in the forecast period. Key players in the market include Budimex SA, Skanska SA, Strabag SP ZOO, Porr SA, and Warbud SA.

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Poland Construction Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Current Economic and Construction Market Scenario

    2. 1.2 Technological Innovations in the Construction Sector

    3. 1.3 Insights on Costs Related to Construction and Building Materials

    4. 1.4 Impact of Government Regulations and Initiatives on the Industry

    5. 1.5 Spotlight on Prefabricated Buildings Market in Poland

    6. 1.6 Brief on the Real Estate Market and Key Real Estate Players

    7. 1.7 Insights on Services Allied to Construction (Design and Engineering, Fit-out Services, Facility management, etc.)

    8. 1.8 Insights on Key Distributors/Traders of Construction Materials

    9. 1.9 Value Chain / Supply Chain Analysis

    10. 1.10 Impact of COVID-19 on the market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Sector

      1. 2.1.1 Residential

      2. 2.1.2 Commercial

      3. 2.1.3 Industrial

      4. 2.1.4 Infrastructure

      5. 2.1.5 Energy and Utilities

Poland Construction Market Size FAQs

The Poland Construction Market size is expected to reach USD 116.22 billion in 2024 and grow at a CAGR of 4.62% to reach USD 145.66 billion by 2029.

In 2024, the Poland Construction Market size is expected to reach USD 116.22 billion.

Poland Construction Market Report Snapshots

Poland Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)