World construction set to see strong growth through to 2025

Following the darkest year of the Covid-19 crisis, the world construction market has been seeing a strong recovery in 2021, with growth reaching record levels (+6.4%, higher even than pre-pandemic figures). The growth trend is expected to continue strongly in 2022 (+3.5%) and then drop back to levels more in line with those of the last decade, fluctuating at around +3%. These forecasts, presented by Cresme Ricerche during the ACIMAC members’ meeting on 10 September, reflect the general global economic recovery and the initial positive impact of the Italian government’s Superbonus tax in-centive scheme on the national building industry.