Croatia Construction Industry Report 2025: Output to Expand by 3.5% in Real Terms This Year, Supported by the Government's Investment in Renewable Energy & Transport Infrastructure - Forecast to 2029 - ResearchAndMarkets.com

The "Croatia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to ResearchAndMarkets.com's offering.

The construction industry in Croatia is expected to grow in real terms by 3.5% in 2025, supported by the government's investment in renewable energy and transport infrastructure projects, which will be further boosted through the disbursal of funds, under the European Union's Recovery and Resilience Facility (RRF) as well as other funds.

The growth momentum in the construction industry is reflected by an increase in new construction orders and total number of construction permits issued in the country. According to the Croatian Bureau of Statistics (CBS), the total number of construction permits issued in the country grew by 2.2% year on year (YoY) in 2024, increasing from 11,564 in 2023 to 11,823. Moreover, the average value of new construction orders rose by 12.8% YoY in 2024, according to the CBS.

Over the remainder of the forecast period, growth in the Croatian construction industry is expected to slow down and record an annual average rate of 2.6% in real terms from 2026 to 2029, supported by public and private sector investments in renewable energy, transport and liquefied natural gas (LNG) infrastructure projects. The government, as part of its National Energy and Climate Plan (NECP), aims to increase the share of renewable energy in electricity production from 28% in 2018 to over 36% by 2030.

The government also plans to phase out its coal-fired power plants by 2033. According to the Renewable Energy Sources of Croatia Association (RES Croatia), a Croatian association that unites producers of electricity from renewable energy sources, the country's solar energy sector experienced rapid growth, with 397.1MW of new capacity installed in 2024, up from 238.7MW in 2023

Scope

• Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Croatia, 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 our 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 business strategies using the analyst's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Latest news and developments

4 Project analytics

5 Construction Market Data

6 Risk Profile

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/ydt7xf

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