Who are the key players in Poland Construction Market?

BUDIMEX SA, SKANSKA S A, STRABAG SP Z O O, PORR S A and WARBUD S A are the major companies operating in the Poland Construction Market. Read More

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

In 2023, the Poland Construction Market size was estimated at USD 111.09 billion. The report covers the Poland Construction Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Poland Construction Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Poland Construction Market Size

Market Size of Poland Construction Industry

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 *Disclaimer: Major Players sorted in no particular order

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

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Poland Construction Market Size Summary

The construction market in Poland is poised for growth over the forecast period, driven by a combination of infrastructure projects, residential housing demand, and commercial construction activities. Despite challenges posed by the COVID-19 pandemic, which led to project delays and concerns over cost escalations, the sector is expected to recover and expand. Key areas of development include road and railway infrastructure, with significant government investments planned for high-speed rail networks and new airport hubs. The residential construction sector is particularly promising, with demand outstripping supply, and an increase in construction permits indicating a robust pipeline of projects. The competitive landscape is characterized by a fragmented market with major players like Budimex SA, Skanska SA, and Strabag SP ZOO, who are actively involved in large-scale projects.

The market dynamics are further influenced by favorable economic conditions, such as low-interest rates, which are expected to stimulate construction investments. The Polish construction industry is also navigating challenges like increased material costs and labor expenses, which could impact profit margins. Payment delays remain a concern, with average payment terms extending beyond 80 days. However, the ongoing demand for residential buildings and infrastructure development, coupled with strategic investments in transport and energy projects, positions the Polish construction market for continued growth. The involvement of major construction firms in significant projects underscores the sector's potential to expand and adapt to evolving market conditions.

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Poland Construction Market Size - Table of Contents

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. 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