Peru Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

The Construction in Peru - Key Trends and Opportunities to 2028 (H2 2024) report provides detailed market analysis, information, and insights into the Peruvian construction industry, including :

The Peruvian construction industry 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 Peruvian construction industry
Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Following a decline of 8% in 2023, Peru’s construction industry is expected to grow by 5.1% in real terms in 2024, supported by private investments in the mining industry, and public spending in transport and energy infrastructure projects. According to the Instituto Nacional de Estadística e Informática (INEI), the value add of extraction activities domestically rose by 7.6% year on year (YoY) in Q1 2024, following an annual growth of 8.2% in 2023. Growth in the construction activity will also be supported by the 2024 Budget, approved in November 2023, that allocated PEN46.5 billion ($12.2 billion) for education, PEN29.5 billion ($7.7 billion) for healthcare, PEN22 billion ($5.8 billion) for the transportation sector, and another PEN3.2 billion ($837.2 million) for the housing sector.

Over the remainder of the forecasted period, the construction industry is expected to record an average annual growth of 3.7% between 2025 and 2028, supported by government spending in educational facilities, road infrastructure, and renewable energies, among other projects. Construction on the first four pilot schools (out of the 75 planned under the Bicentenary Schools public program) were completed in March 2024. The program involves an investment of PEN5.3 billion ($1.4 billion) for 75 new schools in 21 districts within the capital city of Lima and nine additional regions across the country. Furthermore, growth will also be supported by the government's portfolio of 47 mining projects worth PEN204.4 billion ($53.7 billion) of investments; copper projects comprise the largest share of investment (72%), followed by gold (13%), iron ore (10%) and zinc, silver, phosphate and lithium (5%).

Scope

This report provides a comprehensive analysis of the construction industry in Peru. It provides :

Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Peru, 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 the analyst'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 the analyst's critical and actionable insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.

1 Executive Summary2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

Outlook
Latest news and developments
Construction Projects Momentum Index

4.2 Commercial Construction

Outlook
Project analytics
Latest news and developments

4.3 Industrial Construction

Outlook
Project analytics
Latest news and developments

4.4 Infrastructure Construction

Outlook
Project analytics
Latest news and developments

4.5 Energy and Utilities Construction

Outlook
Project analytics
Latest news and developments

4.6 Institutional Construction

Outlook
Project analytics
Latest news and developments

4.7 Residential Construction

Outlook
Project analytics
Latest news and developments

5 Key Industry Participants

5.1 Contractors
5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology

About the Analyst
Contact the Publisher

List of Tables

Table 1: Construction Industry Key Data
Table 2: Peru, Key Economic Indicators
Table 3: Peru, Commercial Construction Output by Project Type (Real % Change), 2019-28
Table 4: Peru, Top Commercial Construction Projects by Value
Table 5: Peru, Industrial Construction Output by Project Type (Real % Change), 2019-28
Table 6: Peru, Top Industrial Construction Projects by Value
Table 7: Peru, Infrastructure Construction Output by Project Type (Real % Change), 2019-28
Table 8: Peru, Top Infrastructure Construction Projects by Value
Table 9: Peru, Energy and Utilities Construction Output by Project Type (Real % Change), 2019-28
Table 10: Peru, Top Energy and Utilities Construction Projects by Value
Table 11: Peru, Institutional Construction Output by Project Type (Real % Change), 2019-28
Table 12: Peru, Top Institutional Construction Projects by Value
Table 13: Peru, Residential Construction Output by Project Type (Real % Change), 2019-28
Table 14: Perud, Top Residential Construction Projects by Value
Table 15: Peru, Key Contractors
Table 16: Peru, Key Consultants
Table 17: Peru, Construction Output Value (Real, $ Million)
Table 18: Peru, Construction Output Value (Nominal, PEN Million)
Table 19: the analyst Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions

List of Figures

Figure 1: Latin America, Construction Output (Real % Change), 2022-28
Figure 2: Peru, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Peru, Risk Summary
Figure 4: Peru, Risk Regional Comparison
Figure 5: Peru, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
Figure 6: Peru, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Peru, Construction Value Add (PEN Million, 2007 Constant Prices)
Figure 8: Peru, Gross Fixed Capital Formation in Construction (PEN Million, 2007 Constant Prices)
Figure 9: Peru, Construction Materials Price Index (2013=100)
Figure 10: Peru, Monthly Unemployment in Metropolitan Lima (Three-Month Moving Average)
Figure 11: Peru, Construction Projects Momentum Index
Figure 12: Latin America, Construction Projects Momentum Index
Figure 13: Peru, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 14: Peru, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 15: Peru, Accommodation and Restaurants Services Value Add (PEN Million, 2007 Constant Prices)
Figure 16: Peru, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 17: Peru, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 18: Peru, Manufacturing Value Add (PEN Million, 2007 Constant Prices)
Figure 19: Peru, Total Export Value ($ Million)
Figure 20: Peru, Extraction of Oil, Gas, Minerals, and Related Services Value Add (PEN Million, 2007 Constant Prices)
Figure 21: Peru, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 22: Peru, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 23: Peru, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 24: Peru, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 25: Peru, Electricity, Gas, and Water Services Value Add (PEN Million, 2007 Constant Prices)
Figure 26: Peru, Telecommunication and Other Information Services Value Add (PEN Million, 2007 Constant Prices)
Figure 27: Peru, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 28: Peru, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 29: Peru, Public Administration and Defense Sector Value Add (PEN Million, 2007 Constant Prices)
Figure 30: Peru, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 31: Peru, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 32: Peru, Hedonic Property Price Index
Figure 33: Peru, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 34: Peru, Headquarters of Key Consultants (% of Total Project Pipeline)

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€1423EUR$1,495USD£1,194GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€2134EUR$2,242USD£1,791GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€2846EUR$2,990USD£2,389GBP

The Construction in Peru - Key Trends and Opportunities to 2028 (H2 2024) report provides detailed market analysis, information, and insights into the Peruvian construction industry, including :

Scope

This report provides a comprehensive analysis of the construction industry in Peru. It provides :

Reasons to Buy

Table of Contents

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