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Construction in France - Key Trends and Opportunities to 2024

Construction in France - Key Trends and Opportunities to 2024

Summary

Prior to the Coronavirus (COVID-19) outbreak, the French construction sector had posted growth of 2.6% for 2019 in real terms. However, with disruptions caused by the COVID-19 outbreak and the subsequent lockdown measures, the industry has been severely impacted in 2020. According to Eurostat, the French construction industry contracted by 10.8% year on year (YoY) in the third quarter of 2020 (the latest data available at the time of writing), following Y-o-Y declines of 29.9% in Q2 and 9.6% in Q1 2020.

Reflecting the disruptions caused by the pandemic, coupled with the weak outlook for economic growth, GlobalData forecasts the construction industry to contract by 13.6% in 2020. Following the second COVID-19 outbreak, the French government imposed new lockdown restrictions with the closure of non-essential businesses from October 30th until December. However, construction sites and factories were exempted from the new lockdown measures imposed at the end of October.

Over the remaining part of the forecast period, the industry's output will be supported by government measures to contain the impact of the outbreak on manufacturing output, and support for businesses to cope with the outbreak by providing a guarantee on loans.

GlobalData's Construction in France - Key Trends and Opportunities to 2024 report provides detailed market analysis, information, and insights into the French construction industry, including -
- The French construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the French construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in France. It provides -
- Historical (2015-2019) and forecast (2020-2024) valuations of the construction industry in France, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
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Construction in France - Key Trends and Opportunities to 2024
Published By :GlobalData
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