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Construction market set to grow by 10.4pc in 2025

The construction industry in Bangladesh is expected to grow by 10.4% annually, reaching BDT 4.58 trillion in 2025, according to a recent industry report.

Between 2020 and 2024, the sector experienced robust growth, achieving a compound annual growth rate (CAGR) of 13.0%. This upward trend is projected to continue, with the market forecast to expand at a CAGR of 9.7% from 2025 to 2029, eventually reaching BDT 7.27 trillion by the end of the forecast period.

The report provides an in-depth, data-driven analysis of Bangladesh’s construction sector, offering insights into building and infrastructure development at the national level.

It covers over 100 key performance indicators (KPIs), including market growth dynamics, construction cost structures, and city-level analyses. Through comprehensive charts and tables, the databook aims to equip stakeholders with a thorough understanding of emerging opportunities.

Market Insights and Analysis

The report breaks down market dynamics by value, volume, and the number of units across residential, commercial, industrial, and institutional sectors. Using a proprietary analytics platform, it provides unbiased insights into business and investment opportunities.

Key highlights include a detailed cost analysis of construction materials and labour, as well as assessments of market trends across tier-1, tier-2, and tier-3 cities.

Reasons to Purchase the Report

  1. Comprehensive Market Understanding: Gain insights into construction industry trends, opportunities, and growth drivers across 40+ market segments.

  2. Cost Analysis: Explore in-depth breakdowns of construction costs by type, including materials and labour.

  3. City-Level Data: Access construction market data from the top 10 cities in Bangladesh.

  4. Volume and Value Forecasts: Obtain detailed market forecasts by activity and unit numbers.

  5. Strategic Insights: Formulate targeted strategies by identifying growth opportunities and assessing risks.

Scope of the Report

The report offers a 10-year market size forecast for various construction sectors, including residential, commercial, industrial, and institutional building construction. It also features green building data, reflecting the industry’s growing focus on sustainable practices.

Residential Building Construction:

Commercial Building Construction:

Industrial and Institutional Construction:

Infrastructure Development:

Construction Cost Analysis

The report provides a detailed breakdown of construction costs, segmented by materials, labour, and equipment.

Material Costs:
Includes major materials like cement, steel, aggregates, bricks, wood, electrical systems, and plumbing.

Labour Costs:
Categorised by skilled and unskilled labour across tasks such as masonry, carpentry, painting, and electrical work.

Construction Type:
Analysis covers new developments and redevelopment projects.

With its comprehensive analysis and detailed forecasts, the report serves as a vital resource for investors and businesses looking to capitalise on Bangladesh’s expanding construction market.

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