Construction Market Insights H2 2024 – Europe

Linesight’s H2 2024 Construction Market Insights report provides an overview of the construction industry across Europe, including macroeconomic conditions, construction industry performance, commodity movements and supply chain outlooks. 

The report explores the factors shaping construction activity across the region, including public investment in energy and infrastructure, market stabilisation and the conditions expected to influence construction output into 2025. 

For the most recent regional market update, explore Linesight’s June 2026 Europe Construction Market Insights report. 

Key Takeaways:

• Economic growth in Europe is picking up as inflation eases and interest rates level 
• Construction output expected to rebound in 2025 for most countries in Europe, driven by significant public investments in energy and infrastructure, as well as increased funding in data centres, pharmaceuticals and green hydrogen.  
• The exceptions here are UK and Denmark with a modest contraction forecast, while Italy is due to experience a more pronounced 8% decrease.  
• Key challenges remain including persistent labour shortages in mission-critical sectors, dwindling contractor availability due to high demand and increases in insolvency rates.  

Download the full report to access these insights and analysis of the construction market for Europe.