Key Insights
The Guatemalan construction market, valued at approximately $3.5 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 7.87% from 2025 to 2033. This growth is fueled by several key drivers. Increased government spending on infrastructure projects, particularly in transportation and energy, is a significant catalyst. Furthermore, a growing population and rising urbanization are driving demand for residential and commercial construction. Tourism infrastructure development also contributes to the market expansion, creating opportunities in hospitality and related sectors. However, economic volatility and potential regulatory hurdles could pose challenges. The market is segmented by construction type, with residential, commercial, and infrastructure projects representing the largest shares. Key players in the Guatemalan construction landscape include Corporacion San Francisco S.A., Doka, CVG Itsa S.A., and ULMA Construction, among others. These companies are involved in various aspects of the construction value chain, from materials supply to project management and execution.
The market's future trajectory is promising, particularly within the infrastructure sector, given the government's commitment to improving the country's infrastructure network. The residential segment is expected to remain strong due to sustained population growth and increasing demand for housing. The commercial sector, particularly in urban centers, is also expected to experience healthy growth, driven by economic activity and foreign investment. While challenges exist, the long-term outlook for the Guatemalan construction market remains positive, offering significant opportunities for both domestic and international players. Strategic partnerships, technological advancements, and adept risk management will be crucial for success in this dynamic market.

Guatemala Construction Market: A Comprehensive Report (2019-2033)
This insightful report provides a detailed analysis of the Guatemala construction market, offering a comprehensive overview of its current state, future trajectory, and key players. With a study period spanning from 2019 to 2033, a base year of 2025, and a forecast period from 2025 to 2033, this report is an invaluable resource for stakeholders seeking to understand and capitalize on opportunities within this dynamic market. The report incorporates data from the historical period (2019-2024) and leverages estimated figures for 2025, providing a robust foundation for informed decision-making. The market size is predicted to reach xx Million by 2033.
Guatemala Construction Market Composition & Trends
This section delves into the intricate makeup of the Guatemalan construction market, examining market concentration, innovation drivers, regulatory frameworks, substitute products, end-user profiles, and mergers & acquisitions (M&A) activity. The report analyzes the market share distribution amongst key players, including but not limited to Corporacion San Francisco S A, Doka, CVG Itsa SA, and ULMA Construction. Further, it explores the influence of 73 other companies, such as Construcciones de Guatemala, Constructora Aicsa SA, Metro Proyectos SA, Nabla Group, Guatemala Constructions, Futuros Constructivos Sobre la Roca S A, and Lgb Guatemala Sociedad Anonima.
- Market Concentration: The report quantifies the market share held by the top players and assesses the level of competition. An estimated xx% of the market is controlled by the top 5 companies.
- Innovation Catalysts: Analysis of technological advancements and their impact on construction methods, materials, and project efficiency. The adoption rate of Building Information Modeling (BIM) is estimated at xx%.
- Regulatory Landscape: A comprehensive review of building codes, permits, and environmental regulations influencing the market. The average permit processing time is estimated at xx days.
- Substitute Products: Examination of alternative materials and construction techniques impacting market dynamics. The market share of sustainable building materials is estimated at xx%.
- End-User Profiles: Profiling of key end-users across various segments, including residential, commercial, and infrastructure projects. The residential segment is projected to account for xx% of the market in 2033.
- M&A Activities: Analysis of recent merger and acquisition activities, including deal values (xx Million) and their implications for market consolidation. The average deal value in the last 5 years is estimated at xx Million.

Guatemala Construction Market Industry Evolution
This section analyzes the Guatemala construction market's growth trajectory, technological advancements, and evolving consumer demands from 2019 to 2033. The report illustrates the market's growth rate, highlighting periods of expansion and contraction and identifying factors influencing this growth. The report incorporates data on technological adoption rates across the industry, such as the increasing use of prefabricated components and advanced construction management software. It also analyzes shifting consumer preferences in design and functionality, impacting various market segments, such as sustainable construction and smart homes. Specific data points on growth rates and adoption metrics are provided throughout. The compound annual growth rate (CAGR) for the forecast period is estimated at xx%. The report will cover the increasing adoption of sustainable practices within the industry, detailing the growth in green building certifications and eco-friendly construction materials. The impact of government initiatives promoting sustainable development will also be examined.
Leading Regions, Countries, or Segments in Guatemala Construction Market
This section identifies the leading segments within the Guatemalan construction market based on construction type: Residential, Commercial, Industrial, Institutional, Infrastructure, and Energy & Utility. The analysis will pinpoint the dominant segment, delving into the underlying factors driving its prominence. This includes investment trends, regulatory support, and market demand. The report will use bullet points to highlight key drivers and paragraphs to provide in-depth analysis.
- Dominant Segment: (e.g., Residential Construction) – detailed reasons will be given in the report.
- Key Drivers: Factors such as population growth, urbanization, and government investment in housing projects will be examined.
- Analysis of Dominance: A thorough explanation of why this segment outperforms others will be presented.
- Other Segments: A comparative analysis of other market segments, explaining their strengths and weaknesses.
Guatemala Construction Market Product Innovations
This section explores the latest product innovations, applications, and performance metrics within the Guatemalan construction market. The report will discuss unique selling propositions (USPs) and technological advancements impacting efficiency, sustainability, and cost-effectiveness. This includes new building materials, construction technologies, and project management software. The emphasis will be on the trends that are improving the quality, speed, and safety of construction projects.
Propelling Factors for Guatemala Construction Market Growth
This section identifies the key growth drivers for the Guatemalan construction market. These factors include technological advancements (e.g., automation, BIM), economic factors (e.g., GDP growth, infrastructure investment), and regulatory influences (e.g., government policies promoting construction). Specific examples will be provided to demonstrate their influence on the market.
Obstacles in the Guatemala Construction Market
This section highlights barriers and constraints impacting the Guatemalan construction market. This will include regulatory challenges (e.g., permit delays), supply chain disruptions (e.g., material shortages, logistics issues), and competitive pressures. Quantifiable impacts of these constraints on market growth will be detailed.
Future Opportunities in Guatemala Construction Market
This section explores emerging opportunities in the Guatemalan construction market. It will focus on new markets (e.g., renewable energy), technologies (e.g., 3D printing), and consumer trends (e.g., demand for sustainable buildings).
Major Players in the Guatemala Construction Market Ecosystem
This section lists the major players in the Guatemalan construction market. Where available, links to their websites will be provided.
- Corporacion San Francisco S A
- Doka
- CVG Itsa SA
- ULMA Construction
- Construcciones de Guatemala
- Constructora Aicsa SA
- Metro Proyectos SA
- Nabla Group
- Guatemala Constructions
- Futuros Constructivos Sobre la Roca S A
- Lgb Guatemala Sociedad Anonima
- 73 Other Companies
Key Developments in Guatemala Construction Market Industry
This section details significant developments in the Guatemalan construction market, focusing on their impact on market dynamics.
- February 2023: Doka's 100% acquisition of AT-PAC, significantly strengthening its position in the global formwork and scaffolding market.
- May 2023: The Vicuña Mackenna 20 project in Chile (although not directly in Guatemala, this large-scale project showcases relevant trends and technologies that impact the Guatemalan market).
Strategic Guatemala Construction Market Forecast
This section summarizes the growth catalysts for the Guatemalan construction market and forecasts its future potential. The forecast considers factors such as economic growth, infrastructural development, and technological advancements. It highlights opportunities for market expansion and investment.
Guatemala Construction Market Segmentation
-
1. Type
- 1.1. Residential Construction
- 1.2. Commercial Construction
- 1.3. Industrial Construction
- 1.4. Institutional Construction
- 1.5. Infrastructure Construction
- 1.6. Energy & Utility Construction
Guatemala Construction Market Segmentation By Geography
- 1. Guatemala

Guatemala Construction Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.87% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increase in GDP contribution from Construction Industry; Increase in Number of Building Permits
- 3.3. Market Restrains
- 3.3.1. High Initial Investments
- 3.4. Market Trends
- 3.4.1. Increasing residential construction in the country is driving the market growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Residential Construction
- 5.1.2. Commercial Construction
- 5.1.3. Industrial Construction
- 5.1.4. Institutional Construction
- 5.1.5. Infrastructure Construction
- 5.1.6. Energy & Utility Construction
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. Guatemala
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1 United States
- 6.1.2 Canada
- 7. Europe Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1 United Kingdom
- 7.1.2 France
- 7.1.3 Germany
- 7.1.4 Rest of Europe
- 8. Asia Pacific Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1 China
- 8.1.2 India
- 8.1.3 Japan
- 8.1.4 South Korea
- 8.1.5 Australia
- 8.1.6 Rest of Asia Pacific
- 9. Middle East Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1.
- 10. United Arab Emirates Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1 Saudi Arabia
- 10.1.2 South Africa
- 10.1.3 Rest of Middle East
- 11. Latin America Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 Brazil
- 11.1.2 Argentina
- 11.1.3 Rest of Latin America
- 12. Rest of the World Guatemala Construction Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1.
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Corporacion San Francisco S A
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Doka
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 CVG Itsa SA
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 ULMA Construction**List Not Exhaustive 7 3 Other Companie
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Construcciones de Guatemala
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Constructora Aicsa SA
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Metro Proyectos SA
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Nabla Group
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Guatemala Constructions
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Futuros Constructivos Sobre la Roca S A
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 Lgb Guatemala Sociedad Anonima
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.1 Corporacion San Francisco S A
List of Figures
- Figure 1: Guatemala Construction Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Guatemala Construction Market Share (%) by Company 2024
List of Tables
- Table 1: Guatemala Construction Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Guatemala Construction Market Revenue Million Forecast, by Type 2019 & 2032
- Table 3: Guatemala Construction Market Revenue Million Forecast, by Region 2019 & 2032
- Table 4: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 5: United States Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 6: Canada Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 8: United Kingdom Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: France Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Germany Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Rest of Europe Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: China Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: India Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: Japan Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: South Korea Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: Australia Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Rest of Asia Pacific Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 20: Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Saudi Arabia Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: South Africa Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Rest of Middle East Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 26: Brazil Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: Argentina Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Latin America Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 29: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
- Table 30: Guatemala Construction Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: Guatemala Construction Market Revenue Million Forecast, by Type 2019 & 2032
- Table 32: Guatemala Construction Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Guatemala Construction Market?
The projected CAGR is approximately 7.87%.
2. Which companies are prominent players in the Guatemala Construction Market?
Key companies in the market include Corporacion San Francisco S A, Doka, CVG Itsa SA, ULMA Construction**List Not Exhaustive 7 3 Other Companie, Construcciones de Guatemala, Constructora Aicsa SA, Metro Proyectos SA, Nabla Group, Guatemala Constructions, Futuros Constructivos Sobre la Roca S A, Lgb Guatemala Sociedad Anonima.
3. What are the main segments of the Guatemala Construction Market?
The market segments include Type.
4. Can you provide details about the market size?
The market size is estimated to be USD 3.5 Million as of 2022.
5. What are some drivers contributing to market growth?
Increase in GDP contribution from Construction Industry; Increase in Number of Building Permits.
6. What are the notable trends driving market growth?
Increasing residential construction in the country is driving the market growth.
7. Are there any restraints impacting market growth?
High Initial Investments.
8. Can you provide examples of recent developments in the market?
May 2023: The Vicuña Mackenna 20 project represented a significant undertaking led by the University of Chile. Situated adjacent to Plaza Italia, this large-scale initiative is set to host the Faculty of Government, the Institute of International Studies, and the Centre for Artistic and Cultural Extension in the future. The Vicuña Mackenna 20 building, spanning over 32,000 m², boasts eight floors and five underground levels. Additionally, it features more than 1,500 meters of interior courtyards, concert halls, a dance hall, and rehearsal rooms dedicated to the Chilean Symphony Orchestra.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Guatemala Construction Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Guatemala Construction Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Guatemala Construction Market?
To stay informed about further developments, trends, and reports in the Guatemala Construction Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence