Report ID: SQMIG25AH2010
Report ID:
SQMIG25AH2010 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
183 |
Figures:
75
In 2022, North America emerged as a dominant player in the global market, making the largest revenue contribution, accounting for 39.6% of the total. The United States witnessed a notable surge in construction spending on public residential buildings in 2021, as per data from the United States Census Bureau.
Asia Pacific is poised for remarkable growth, with an anticipated CAGR of 10.0% from 2023 to 2030. This robust expansion is largely attributed to the rapid ascent of emerging economies within the region, especially India, China, and Australia. Additionally, the flourishing tourism industry in countries such as Thailand and Malaysia has spurred significant construction activities, particularly in the hotel and resort sector.
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Report ID: SQMIG25AH2010