The global construction industry is undergoing a significant transformation, driven by a growing awareness of the environmental impact of buildings and a collective push towards sustainability. This transformation centres around the concept of green building, a holistic approach to constructing and operating structures with minimal environmental impact – and it’s a market set for massive growth over the next four years.
According to The Business Research Company’s Green Building Global Market Report 2024, this sector will reach an estimated value of $851.01 billion by 2028 with a huge compound annual growth rate (CAGR) of 9.7%. This upward trend reflects a rising global interest in sustainable building practices, with North America currently leading the market share.