Egypt Construction Market to Grow at 8.27% CAGR by 2033| IMARC Group

Egypt Construction Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Increased government investment in infrastructure projects is a significant driver of the Egypt Construction Market. According to the latest report by IMARC Group, The Egypt construction market size is projected to exhibit a growth rate (CAGR) of 8.27% during ​2025-2033​.

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Egypt Construction Industry Trends and Drivers:

Egypt's construction market is experiencing a dynamic surge, driven by rapid urbanization and substantial government-led infrastructure projects. With a population growth rate of 2.25% and 43% of Egyptians living in urban centers like Greater Cairo and Alexandria, demand for residential and commercial buildings is soaring. The government's ambitious initiatives, such as the New Administrative Capital and Suez Canal expansions, are fueling a projected market size of USD 55.04 billion in 2025, with a CAGR of 8.39% through 2030. Investments in transport infrastructure, including high-speed rail networks spanning 2,000 km and port expansions aiming to increase capacity to 370 million tons by 2030, are key growth drivers. However, challenges like currency devaluation and reliance on imported materials are inflating costs, prompting a push toward local production and innovative construction methods to ensure sustainable growth. These trends highlight Egypt's emergence as a construction powerhouse in the MENA region, balancing opportunity with economic hurdles.

Sustainability is reshaping Egypt's construction landscape, with a focus on eco-friendly practices and renewable energy integration. The government's goal to achieve 40% renewable energy in the electricity mix by 2040 is spurring projects like the 10GW West Suhag wind farm and green hydrogen plants, supported by partnerships like SK Eco Plant and CSCEC. Foreign direct investment, projected to reach USD 120 billion from Middle East Sovereign Wealth Funds, is accelerating tourism and residential developments, notably in Ras Al Hikma. Despite geopolitical tensions and Egyptian pound devaluation impacting investor confidence, stabilizing exchange rates and robust net international reserves of USD 46.1 billion in 2024 are boosting market momentum. The residential sector, expected to hit USD 20.13 billion in 2025, is driven by demand for Grade A housing and modern mixed-use developments. By embracing sustainable technologies and fostering public-private partnerships, Egypt's construction market is poised for resilient growth, navigating challenges while capitalizing on its strategic regional position.

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Egypt Construction Industry Segmentation:

The report has segmented the market into the following categories:

Sector Insights:

●Residential
●Commercial
●Industrial
●Infrastructure (Transportation)
●Energy and Utilities

Regional Insights:

●Greater Cairo
●Alexandria
●Suez Canal
●Delta
●Others

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Key highlights of the Report:

●Market Performance (2019-2024)
●Market Outlook (2025-2033)
●COVID-19 Impact on the Market
●Porter's Five Forces Analysis
●Strategic Recommendations
●Historical, Current and Future Market Trends
●Market Drivers and Success Factors
●SWOT Analysis
●Structure of the Market
●Value Chain Analysis
●Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.