Mexico Construction Market is Expected to Reach USD 604.58 Billion by 2030

Establishment of new manufacturing and industrial facilities is driving the Mexico construction market growth during the forecast period

The Mexico Construction Market size was valued at USD 341.44 billion in 2024, and is projected to grow to USD 392.09 billion in 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 604.58 billion by 2030, with a CAGR of 9.0% from 2025 to 2030, according to new research by Next Move Strategy Consulting.

The expansion of manufacturing and industrial facilities in Mexico is driving accelerated growth in the national construction market. Business Monitor International projects Mexico’s infrastructure sector to grow by 1.1% in 2024, with an average annual growth rate of 2.8% from 2024 through 2032. This growth trajectory demonstrates a sustained recovery and a strong outlook for long-term development in the country's infrastructure landscape.

However, the construction market faces major challenges due to complex regulatory frameworks. Infrastructure initiatives encounter delays stemming from a dense system of government regulations and permitting protocols. These projects require multiple approvals from authorities across local, regional, and national levels. Compliance includes zoning restrictions, environmental reviews, adherence to building codes, safety protocols, and other regulatory conditions. Delays in obtaining permits, bureaucratic friction, and variations across jurisdictions extend construction timelines and elevate project costs. Shifts in policy or regulatory updates interrupt progress and diminish investor interest. 

For example, the United States Environmental Protection Agency oversees several regulatory areas relevant to infrastructure, such as air quality management, lead handling, waste disposal, and water standards. The agency’s compliance assistance centers provide essential guidance for managing environmental requirements during demolition, recycling of infrastructure materials, and the disposal of refrigeration and air-conditioning systems.

On the other hand, the construction industry is undergoing rapid digital transformation, led by the widespread implementation of Building Information Modeling. BIM enhances design precision, simulation accuracy, and infrastructure control while improving coordination and resource allocation. Demonstrating this momentum, ALLPLAN released Allplan 2024-1 in April 2024 to strengthen BIM capabilities and improve cloud-based workflows, marking a shift toward fully digital project management. The integration of artificial intelligence, the Internet of Things, and cloud systems further supports real-time coordination, predictive infrastructure servicing, and efficient facility operations.

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Several market players operating in the Mexico construction industry include CICSA, IDEAL, Mota-Engil México, Techint Ingeniería y Construcción, Grupo Omega, Pinfra, Aleatica, Grupo Indi, Grupo GP, Grupo Carso, Coconal, Grupo México, Javer, Constructora y Edificadora GIA +A, HYC Group, S.A. de C.V, and others.

Key Insights from the Mexico Construction Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Mexico construction market trends is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The report provides the Mexico construction market share of key players, along with a detailed competitive analysis.