As the capital of England and the United Kingdom, and as one of the largest and most important cities in the world, London’s construction market did not disappoint too badly last year, with a YoY change of -2.8%.
As shown in the Trends over Years chart, we expect all sectors to grow in the coming years. Specifically for 2021, the infrastructure sector is projected to increase by 48.2% and public housing should grow by more than 100% this year. By the end of year 2022, we estimate the total construction market volume for London will reach about 80 billion Pound Sterling.
[infogram id=”3507eb88-0bb8-4d29-9eeb-0fb5ca425c49″ prefix=”rVb” format=”interactive” title=”2021 Q3: London 1″]
[infogram id=”69fd00d2-7e62-4f18-9894-3e82c1569490″ prefix=”4Vk” format=”interactive” title=”2021 Q3: London 2-3″]
