Taiwan Construction Market is predicted to reach USD 74.35 Billion by 2030

According to the study by Next Move Strategy Consulting, the Taiwan Construction Market size is predicted to reach USD 74.35 billion, at a CAGR of 3.4% by 2030.

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Taiwan's construction market is currently expanding rapidly, driven by the government's increasing focus on infrastructure development, particularly railway projects.

Reduced inflation rates play a crucial role in strengthening consumer preference and purchasing power, potentially stimulate the demand for new infrastructure projects, including residential and commercial buildings.

The market players operating in the Taiwan construction industry include Chung-Lu Construction Co., Ltd., RSEA Engineering Corporation, Chong Hong Construction, Ruentex Construction & Development Co., Ltd., Farglory Group, Continental Engineering Corp., Radium Life Tech Co., Ltd., Forte Construction Co., Ltd., Kung Sing Engineering Corporation, Kung Long Batteries Industrial Co., Ltd., and others.