Construction Market in Croatia Analysis by Growth Rate, Competitive landscape and Insights for next 5 years

A new research document with title 'Construction in Croatia - Key Trends and Opportunities (H1 2021)’ covering detailed analysis, Competitive landscape, future growth and strategies. The market Study is segmented by key a region that is accelerating the marketization. The market research includes historical and forecast market data, demand, and trends.

Get Free Sample Report + All Related Graphs & Charts @: https://www.htfmarketreport.com/sample-report/3223386-construction-in-croatia-key-trends-and-opportunities

Summary
Prior to the Coronavirus (COVID-19) outbreak, the construction industry in Croatia was growing at a robust pace. However, the pandemic created economic disruption in the country, with containment measures bringing many key sectors to a standstill and causing a slowdown in the construction industry. Croatia’s construction industry registered a growth of 4.1% in real terms in 2020, following an annual growth of 8% in 2019. The industry’s output value, measured at constant 2017 US dollar exchange rates, increased from US$7.8 billion in 2019 to US$8.1 billion in 2020.
Global Data expects the construction industry to grow by 3.1% in 2021, and to then expand at an annual average rate of 2.8% between 2022 and 2025. Over the forecast period, the industry’s output is expected to be supported by the government’s focus on the development of infrastructure, as well as energy and utilities construction projects. Improvements in consumer and investor confidence and positive developments in regional economic conditions will also provide momentum.

In April 2020, the Transport and Infrastructure Minister emphasized that the government is continuing to implement large infrastructure projects, including the Istrian Y motorway project, the Peljesac Bridge, the Vc corridor and several railway projects. Moreover, the Regional Development and European Union (EU) Funds Minister said that work on the EU-funded projects was ongoing, although a portion of the funds was redirected for the procurement of medical equipment. In May 2020, the State Secretary for infrastructure said that the country is witnessing an increase in the financing for transport infrastructure projects. Construction projects are being developed using several sources of financing, including EU funding, private-public partnerships and through concessions. This will provide some boost to the implementation of public infrastructure projects over the forecast period.

In November 2020, the government unveiled a proposal for the national development strategy until 2030 to support long-term social and economic development. Under which, the government aims to increase GDP per capita to 75% of the EU average by 2030, compared to 65% in 2019 and increase the employment rate from 66.7% in 2019 to 75% by 2030.

This report provides detailed market analysis, information, and insights into Croatia’s construction industry, including -
- Croatia’s 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 Croatia’s 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 Croatia. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Croatia, 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.

Get customization & check discount for report @ https://www.htfmarketreport.com/request-discount/3223386-construction-in-croatia-key-trends-and-opportunities

Table of Contents
1. Construction Outlook
2. Construction Industry: At-a-Glance
3. Latest News and Developments
4. Project Analytics
5. Construction Market Data
6. About GlobalData
6.1 DefinitionsList of Tables

....Continued

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3223386-construction-in-croatia-key-trends-and-opportunities

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Place a Purchase Order For Market Study (Single User License) at: https://www.htfmarketreport.com/buy-now?format=1&report=3223386

Contact US:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
Connect with us at LinkedIn | Facebook | Twitter

About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

This release was published on openPR.