Tanzania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Tanzania Construction Market Report Overview

The Tanzania construction market size was $26.5 billion in 2022. The market is projected to achieve an AAGR of more than 7% during 2024-2027. The industry’s output over the forecast period is attributed to growing investments in the transportation, energy, and manufacturing sectors. Additionally, the government’s focus on improving its business environment and attracting FDI is likely to support the industry’s growth over the coming years.

Tanzania Construction Market Outlook, 2022-2027 ($ Billion)

Tanzania Construction Market Outlook, 2022-2027 ($ Billion)
Buy the Full Report to Know More about the
Tanzania Construction Market Forecast

Download a Free Report Sample

The Tanzania construction market report has compiled data on various project types and construction activities across sectors. While discussing the construction projects, our analysts have elucidated the factors responsible for the developments. The report further analyzes the top construction projects in Tanzania from pre-planning to execution, along with the emerging market trends. In addition, the report gives an overview of the latest developments in the Tanzania construction market.

Market Size (2022) $26.5 billion
AAGR (2024-2027) >7%
Forecast Period 2023-2027
Historical Period 2018-2022
Key Sectors ·        Commercial Construction

·        Industrial Construction

·        Infrastructure Construction

·        Energy and Utilities Construction

·        Institutional Construction

·        Residential Construction

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Tanzania Construction Market Segmentation by Sectors

Residential construction was the leading sector in the Tanzania construction market in 2022

The key sectors in the Tanzania construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction. In 2022, the residential construction sector accounted for the highest market share.

Residential construction: The project types in this sector include single-family housing and multi-family housing. The sector’s growth is attributed to growing investments in housing projects.

Energy and utilities construction: The project types in this sector include electricity and power, oil and gas, telecommunications, sewage infrastructure, and water infrastructure. Investments in renewable energy, Liquefied Natural Gas (LNG), water, and telecommunication infrastructure projects will drive the sector’s output during the forecast period.

Infrastructure construction: The project types in this sector include rail infrastructure, road infrastructure, and other infrastructure projects. Growing investments in road, railway, port, and airport infrastructure projects are responsible for the sectoral growth.

Commercial construction: The project types in this sector include leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings, and other commercial construction. The sector’s growth over the forecast period is due to the improvements in tourism activities.

Institutional construction: The project types in this sector include educational buildings, healthcare buildings, institutional buildings, research facilities, and religious buildings. The government’s focus on the education and healthcare sectors in the country will boost the sector’s growth during the forecast period.

Industrial construction: The project types in this sector include chemical and pharmaceutical plants, manufacturing plants, metal and material production and processing plants, and waste processing plants. The sector’s growth is owing to the increasing manufacturing, mining, and export activities.

Tanzania Construction Market Analysis by Sectors, 2022 (%)

Tanzania Construction Market Analysis by Sectors, 2022 (%)

Buy the Full Report for more Sector Insights into the Tanzania Construction Market

Download a Free Report Sample

Tanzania Construction Market – Latest Developments

  • The Tanzanian government’s FY2023-24 (July 2023 to June 2024) Budget has grants to focus on priority areas of the “Third Five-Year National Development Plan”, including sectors such as energy, construction, transport, and tourism.
  • In September 2023, the government proposed the construction of a new cashew nuts industrial park on an area of 1,500ha in Nanyamba District, Mtwara Region. The project involves an investment of TZS267.8 billion ($116 million) to build processing plants with a total processing capacity of 300,000 metric tonnes of cashew nuts annually by 2027.

Segments Covered in the Report

Tanzania Construction Sectors Outlook (Value, $ Billion, 2018-2027)

  • Commercial Construction
  • Industrial Construction
  • Infrastructure Construction
  • Energy and Utilities Construction
  • Institutional Construction
  • Residential Construction

Scope

This report provides:

  • A comprehensive analysis of the construction industry in Tanzania.
  • Historical and forecast valuations of the construction industry in Tanzania, featuring details of key growth drivers.
  • Segmentation by sector and by sub-sector.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants.

Reasons to Buy

  • Identify and evaluate market opportunities using GlobalData’s standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using GlobalData’s critical and actionable insight.
  • Assess business risks, including cost, regulatory, and competitive pressures.
  • Evaluate competitive risk and success factors.

Table of Contents

  • 1 Executive Summary
  • 2 Construction Industry: At-a-Glance
  • 3 Latest news and developments
  • 4 Project analytics
  • 5 Construction Market Data
  • 6 Risk Profile
  • 7 Appendix

    • 7.1 Definitions
    • 7.2 CRI Methodology
    • 7.3 About GlobalData

  • 8 Contact Us

Table

Table 1: Construction Industry Key Data

Table 2: Tanzania, Top Construction Projects by Value

Table 3: Tanzania, Construction Output Value (Real, $ Million)

Table 4: Tanzania, Construction Output Value (Nominal, TZS Million)

Table 5: GlobalData Construction Market Definitions

Table 6: Risk Dimensions

Table 7: Ratings, Scores and Definitions

Figures

Figure 1: Tanzania, Construction Output Value (Real, $ Million, 2017 Prices and Exchange Rate), 2018–27

Figure 2: Tanzania, Construction Output Value, by Sector (Real, $ Million), 2018–27

Figure 3: Sub-Saharan Africa, Construction Output (Real % Change), 2021–27

Figure 4: Tanzania, Construction Output by Sector (Real % Change), 2021–23 and 2024–27

Figure 5: Tanzania, Construction Value Add (TZS Billion, 2015 Constant Prices)

Figure 6: Tanzania, Accommodation and Restaurant Value Add (TZS Billion, 2015 Constant Prices)

Figure 7: Tanzania, Manufacturing Value Add (TZS Billion, 2015 Constant Prices)

Figure 8: Tanzania, Value of Exports of Goods and Services (Million $)

Figure 9: Tanzania, Healthcare and Education Sector Value Add (TZS Billion, 2015 Constant Prices)

Figure 10: Tanzania, Commercial Bank Lending for Building and Construction (TZS Billion)

Figure 11: Tanzania, Real Estate Value Add (TZS Billion, 2015 Constant Prices)

Figure 12: Tanzania, Construction Projects Pipeline, Value by Stage ($ Million)

Frequently asked questions

Tanzania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027 thematic reports
Currency USD
$1,495

Can be used by individual purchaser only

$2,990

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Tanzania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Tanzania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027 in real time.

  • Access a live Tanzania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.