How big is the Guatemala Construction Market?

The Guatemala Construction Market size is expected to reach USD 3.5 billion in 2024 and grow at a CAGR of 7.87% to reach USD 5.10 billion by 2029. Read More

What is the current Guatemala Construction Market size?

In 2024, the Guatemala Construction Market size is expected to reach USD 3.5 billion. Read More

Who are the key players in Guatemala Construction Market?

Corporacion San Francisco S.A, Construcciones de Guatemala, Constructora Aicsa SA, Metro Proyectos SA and CVG Itsa SA are the major companies operating in the Guatemala Construction Market. Read More

What years does this Guatemala Construction Market cover, and what was the market size in 2023?

In 2023, the Guatemala Construction Market size was estimated at USD 3.22 billion. The report covers the Guatemala Construction Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Guatemala Construction Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Guatemala Construction Market Size & Share Analysis - Industry Research Report

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

The Guatemala Construction Market Report is Segmented by Type (Residential Construction, Commercial Construction, Industrial Construction, Institutional Construction, Infrastructure Construction, and Energy and Utility Construction). The Report Offers Market Sizes and Forecasts for Guatemala Construction Market in Value (USD) for all the Above Segments.

Guatemala Construction Industry Overview

Guatemala’s construction market is consolidated in nature, with regional leading construction companies having a good presence in the Honduran construction market. There are other key players in the market who provide construction services. Key players in the market include Construcciones de Guatemala, Constructora Aicsa SA, Metro Proyectos, SA, CVG Itsa S.A,and Corporacion San Francisco S.A. are a few names among the industry. Like the other countries in Central America, Guatemala’s construction market is also mainly driven by residential projects. However, construction for public services is also on the rise with the government’s investment plans. According to industry sources, technology adoption is still at an infant stage in THE Guatemala construction sector. It is observed that most of the companies in the construction sector are not investing much in research and development activities.