Press release
Brazil Construction Market Size & Forecast To 2025 Across 40+ Market Segments Constrack360’s Market Data Forecast Till 2025 | Expected To Grow Steadily Over The Next Four Quarters
Brazil Construction Market Size
With interest rates at the lowest level, the Brazilian government has launched a new housing program. Under the Casa Verde e Amarela housing program, the government is planning to serve 1.6 million low-income families with a housing financing scheme by 2024. Despite the near-term challenges, the outlook for the construction industry remains positive in the medium to long term. With the growth forecast over the next five years, the investment in the construction sector will be supported by government spending in the infrastructure sector.
Although the construction sector saw a drop in demand during the first three quarters of 2020, the industry began to notice recovery in the fourth quarter. The real estate market in the Sao Paulo market reported increase on month-on-month basis in October 2020.
This growing demand has also increased the prices of mansions and penthouses in the country. This growing real estate market and increases in prices can be associated with changing consumer behavior. People are prioritizing more comfortable and large homes, with home office and leisure options, as they have more time to spend at home.
Moreover, the purchasing power of the consumers has also increased, as the interest on financing is at the lowest level in history. Several first time home buyers in Brazil are taking advantage of the low-interest rates to finance their property. With the installment being close to the rent, people are finding buying a new home more accessible than ever before.
The commercial construction sector in Brazil remained stable. Despite the crisis, several micro and small entrepreneurs decided to carry out reform and improve their office establishments to prepare for the resumption of business activities. Moreover, office renovations were also carried out to adapt to the new scenario after the pandemic.
With the resulting growth in the residential and commercial sector, cement sales have increased by 21% in September 2020. The National Cement Industry Union has also attributed this growth to the support from the government for civil construction.
The government is planning to launch at least 20 infrastructure projects in 2021. While the plan was to launch more than 40 projects in 2020, the outbreak has forced the government to reconsider its strategy. The projects that are anticipated to be launched this year include highways, railways, terminals, mining and electric power works.
Moreover, the Government is also expected to hold the auction in December for transmission lines. This auction is projected to attract investment of over 7 billion real. Apart from this, government spending on local projects such as street lighting and sanitation is also expected to support the growth of infrastructure construction in Brazil.
According to ConsTrack360's Q2 2021 Global Construction Survey, construction industry in Brazil is expected to grow by 16.2% to reach US$ 217640.1 million in 2021. Despite near-term challenges in certain construction sectors, medium to long term growth story in Brazil remains intact. The construction industry in Brazil is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 9.8% during 2021-2025. The construction output in the country is expected to reach US$ 316262.7 million by 2025.
This report from ConsTrack360 provides data and trend analyses on construction industry in Brazil, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
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Scope
• Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025 in Brazil. KPIs covered include the following:
• Market size by value
• Market size by volume of construction
• Number of units
• Brazil Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Housing type (multi family, single family)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development & maintenance)
• Brazil Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Green building by Housing type (multi family, single family)
• Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Green building by Price point / income level (luxury, mid-tier, affordable)
• Brazil Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office (further broken down by Grade A, Grade B, and Grade C)
• Retail (further broken down by Grade A, Grade B, and Grade C)
• Hospitality (further broken down by Grade A, Grade B, and Grade C)
• Restaurant (further broken down by Grade A, Grade B, and Grade C)
• Entertainment
• Sports facility
• Construction stage (new construction, re-development & maintenance)
• Brazil Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office green building construction
• Retail green building construction
• Hospitality green building construction
• Restaurant green building construction
• Entertainment green building construction
• Sports facility green building construction
• Other commercial green building construction
• Brazil Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
• Brazil Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare construction
• Educational construction
• Public sector
• construction stage (new construction, re-development & maintenance)
• Brazil Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare green building construction
• Educational green building construction
• Brazil Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
• Marine and inland water infrastructure
• Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
• Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
• Construction stage (new construction, re-development & maintenance)
• Brazil Green Infrastructure Construction: 10- year market size & forecast in value terms
Get deep insights and FREE sample Report @ https://www.constrack360.com/reportstore/view/Brazil-Construction-Industry-Databook-Series-4019
Reasons to Purchase
• In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Brazil.
• Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
• City Level Insights: Get city level trend analyses by tier-1, tier-2, and tier-3 cities.
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- ConsTrack360 is a global research and advisory firm providing comprehensive, accurate, and unbiased business intelligence platform on construction industry. Through detailed databases and insights, we offer unmatched detailed and unbiased content globally.
With over 100,000 data points and 300+ reports, we help clients gain actionable insights across 50 countries, which directly impact revenues. For more information, please visit our website www.constrack360.com or email us at info@constrack360.com
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