The following is a summary of the main results, trends and forecasts of the report Evolution of the construction market 2025-2026 published by Apliqa, selected for their special relevance for companies in the sector.

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European outlook: a slow but steady recovery

After the cumulative contraction between 2023 and 2024, the European construction market is entering a stabilization phase with 2% growth forecast for 2025. Although the recovery is slower than expected, the trend points to a sustained advance driven by public investment.

France continues to perform steadily, Italy is making slow progress and Germany continues to be affected by the structural weakness of its domestic market and weaker industrial demand.

Spain, on the other hand, is consolidating its position as one of the most solid markets in Europe, with a growth forecast of 2.2% for 2025, supported by residential construction and investment in refurbishment.

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Spain: residential construction drives growth

The residential sector leads activity with estimated increases of between 10% and 20%, reinforcing its role as the industry’s main driver. The most significant challenge will be to execute the 140,000 housing units in progress, in a context marked by a lack of qualified talent.

In parallel, the non-residential sector shows signs of strong reactivation, with an expected increase of between 10% and 15% in production. This dynamism is explained by the strength of the hotel sector, especially in the luxury segment, and by the expansion of logistics and commercial activity linked to e-commerce. Data centers are emerging as one of the fastest growing niches.

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Rehabilitation: energy efficiency and advanced materials

Rehabilitation maintains a stable performance, with activity levels higher than in 2019, driven by residential energy efficiency. The consolidation of the use of SATE (Exterior Thermal Insulation System), solar control glass, high performance carpentry (PVC or aluminum) and mechanical ventilation systems is noteworthy.

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Commodities: sustained prices and new pressures

Key raw materials for construction show a general upward trend.
Aluminum and copper prices remain high due to demand associated with electrification and the ecological transition. In contrast, steel and lumber are approaching pre-pandemic levels. Looking ahead to the 2026-2028 period, copper is expected to see slight upward pressure, while aluminum is expected to follow a more stable trend.