Global Construction Project Insurance Market Forecasted to Reach $10.41 Billion in Value by 2029
Grab 20% Off With Code ONLINE20 On Global market Reports – Evaluate Global Trends, Market Risks, and Competitive Intelligence What Is the Estimated Market Size and CAGR of the Construction Project Insurance Market for the Period 2025–2029? The construction project insurance market size has grown strongly in recent years. It will grow from $7.91 billion in 2024 to $8.38 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing construction activities, global urbanization, investments in infrastructure projects, growing demand for housing, and increasing mandated insurance coverage. The construction project insurance market size is expected to see strong growth in the next few years. It will grow to $10.42 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing focus on sustainable and green construction, increasing risk management awareness,...