We work predominantly within the construction sector, supporting a wide variety of construction-related clients. We’re fascinated by the ever-evolving landscape of the industry, whether it’s the impressive architecture and developments to the innovative solutions and impactful results it delivers across society, both in the UK and around the world. Over the past three years, the industry has seen many unprecedented changes driven by various socio-economic factors, making the construction industry statistics for 2025 particularly interesting.
Overall construction industry growth statistics 2025
Although overall, total construction output for early 2025 was a 0.0% change compared with the end of 2024. Looking closely, new work increased by 0.9% – (ONS, 2025)
In March 2025, the biggest monthly growth came from infrastructure projects, which increased by 2.5%. Private housing construction also saw strong performance, rising by 2.3% during the same month. (ONS, 2025)
The global modular construction market was worth about $91 billion as of 2022. And it is expected to grow to $120.4 billion by 2027. (Exploding Topics, 2024)
According to the National Infrastructure and Construction Pipeline, there is a £164bn planned investment in construction in the UK by 2024/25. (Gov.uk, 2024)
Unfortunately, the average year-on-year monthly growth rate during 2015-19 was around 3.3%, whereas early 2025 rates (around 0.9%) remain below historical norms. (TMHCC,2025)
Key Statistics for the UK construction industry 2024-2025
According to the Work Related Fatal Injuries data in Great Britain, 28.23% of all workers killed in work-related accidents in 2024/25 were in the construction sector, out of 124 deaths across at least 9 industries, construction accounted for 35. It remains the highest sector for work-related deaths. (HSE, 2025)
Using current 2024 figures, construction costs in the UK are predicted to rise by 3 – 3.8% this year, following an increase of 4.1% in 2023. (Construction Media, 2024)
The leading construction firms in the U.K. are: Balfour Beatty pc, Ferrovial S.A., Acciona, S.A, Interserve Group Limited, Costain Group PLC, Taylor Wimpey PIc, Crest Nicholson Holdings PLC, and Berkeley Group Holdings PLC (Gminsights, 2024)
The most expensive project in the UK is Sizewell C Nuclear Power Station Infrastructure in Leiston, which received its final investment decision in mid-2025 and is expected to cost £38 billion (BBC, 2025)
Whilst the leading killer of all time within the construction industry remains as asbestos (banned in 1999). The leading cause of worker deaths in the UK construction industry currently remains falls from height. In 2024/25, 35 construction workers tragically died and every one of those fatalities was due to falls from height. (HSE,2025)
Construction industry employment statistics 2024 – 2025
In 2024, women made up 15.2% of the total UK construction workforce, with 2% working on-site and 1.6% in skilled trades roles. While these figures show progress, they still reflect a significant gender disparity in the sector. (CIOB, 2025)
The number of construction-related employees (excluding self-employment) in Great Britain increased 3.3% in 2022 compared with 2021, totalling at 1.4 million workers; the biggest contributor to the growth in 2022 was England with a growth of 3.5%, Wales and Scotland both increased by 2.0%. (ONS,2024)
There was an average of 674,000 self-employed construction workers in Great Britain in 2022. This a decrease of 24,000 (3.4%) compared with 2021. (ONS,2024)
The construction sector had the highest number of self-employed jobs across the whole economy, making up 16.7%. (ONS,2024)
The number of construction-related employees (excluding self-employment) in Great Britain increased 3.3% in 2022 compared with 2021, totalling at 1.4 million workers. (ONS,2024)
There were 374,332 Value Added Tax (VAT) and Pay As You Earn (PAYE) registered construction firms operating in the construction industry across Great Britain in 2022. The number of registered firms grew 5.9% in Quarter 3 2022 compared with Quarter 3 2021. This was the strongest growth since 2017 (6.2%). (ONS,2024)
Brexit and the construction industry related statistics 2024 – 2025
In May 2025, there were 385 construction company insolvencies in England and Wales, accounting for 17.2% of all company insolvencies during that period. Each was attributed to either one or multiple of the following: Post-pandemic adjustments, supply chain issues and/or economic pressures. (BCIS,2025)
Analysis of data from EU member states, the central EU database, Eurostat, and the UK Department for Business, Energy and Industrial Strategy show that between 2015 and 2022 the cost of construction materials, including cement, timber and steel increased by 60%. At the same time, the cost of labour in the UK went up by 30% (The Guardian, 2024).
Construction costs in the UK are predicted to rise by 3.8% this year, following an increase of 4.1% in 2023. Increases will challenge construction firms, which will need to develop new processes and capabilities to keep costs under control and projects on track (Currie & Brown, 2024)
However, 2024 and 2025 will see the sector grow by 12% and 3%, respectively. Challenges remain, however, and both contractors and clients will need to navigate a complex landscape shaped by skills shortages, inflation and evolving regulatory environments. (Glenigan, 2024)
Construction industry trends in 2024 to 2025 – Where are we headed?
The IDC predicts that investments in smart cities will grow to £159.9 Billion in 2024. Some estimates also indicate that the market will double again to over £532.4 billion by 2028. (IDC, 2024)
Generative AI is helping us to use parametric models and evidence-based design to test and iterate, using genetic algorithms, to achieve the most optimal design at an early stage, driving up efficiency and driving down carbon emissions. (Building, 2024)
Many startups are addressing the urgent need for alternatives to cement, a major contributor to the world’s annual CO2 emissions. (Forbes, 2024)
As part of a mandatory future homes standards scheme, from June 2024, all newly built homes must emit 75-80% less carbon than current properties, necessitating high insulation specs and renewables like heat pumps. – (Trademansaver, 2024)
Construction has an ongoing mental health crisis with people working in the sector still three times more likely to take their own lives than those in other sectors. This is particularly high among unskilled workers. To create a change in the industry, current trials and research are on-going. An example is, an 18-month study trialling different models of flexible working – led by some of the UK’s largest contracting businesses showed no negative impacts on deadlines or budgets and a significant upturn in employee job satisfaction. (British Safety Council, 2024)
House building statistics 2024 to 2025
Provisional estimates indicate approximately 199,300 new net additional dwellings in England, with an additional 42,400 dwellings estimated between 1 April and 15 June 2025. (GOV.uk, 2025)
As of the year ending March 2025, authorities in England received 335,800 planning applications, reflecting a 4% decrease from the 350,800 applications received in the year ending March 2024. (GOV.uk, 2025)
The January 2024 data shows: On average, house prices have risen 0.5% since December 2023 (Gov.uk, 2024)
There has been an annual price fall of 0.6%. This makes the average property in the UK valued at £282,000 (Gov.uk, 2024)
The biggest house developer in the UK, as of 2024 is Barrat Homes, completing 17,200 homes last year and posting profits of £705m. (The Guardian, 2024)
As of February 2024, Barratt began the purchase of Redrow. The two companies reached an agreement over an all-share offer from Barratt. The merged group, Barratt Redrow, are expected to build about 23,000 homes a year. They have a predicted turnover of more than £7bn. (The Guardian, 2024)
Davis Trackhire thoughts, here’s what we have to say
We are feeling positive about where the overall industry is headed and what that means for the trackway sector. There are always areas of concern and negative factors which we actively work to combat. We will continue to do so within our own health and safety procedures, workforce culture and equality.
Construction Industry Questions – What is the data telling us?
All in all, it looks as though we are set to continue to see growth within the construction sector, which includes an increasing construction workforce and amount of pending, newly started and completed projects. In addition to this, prices in construction work and materials are stabilising and dropping slightly. This is following the unprecedented surge of inflation in the last three years. Positively the data also shows, that innovative technologies and eco-conscious start-ups are creating the foundations to pave the way to a more efficient and greener construction landscape.
The long-awaited growth within the sustainability and technology sector is going to create a huge movement within the construction industry. Both of which complement each other when co-ordinated correctly. We can see the focus on researching and trailing alternative environmentally friendly building materials is becoming very important. If these alternatives are successful, they could change the foundations of the construction industry over the next decade and beyond. We should see many other innovative advancements in technology paving the way for us to become net zero as of 2050.
If you have found our Construction Industry Statistics 2025 helpful, you can read further industry insights, here. Finally, if you would like to hire trackway for your construction project, you can get in touch with our friendly team.
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