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Morocco · Construction

Market study: construction in Morocco

Analysis and projections, 2026 to 2030

The cyclical peak has passed: sector value added tops out at 7.1% in the first quarter of 2025, then falls back to 1.5% a year later, at the very moment order books have never been fuller. Three groups alone carry the equivalent of 87% of the sector's annual output. This study measures every driver of demand, names who already holds the market, opens the horizon to 2030 in three documented scenarios, and compares the ways in that are genuinely open. The point: letting you decide whether to go in, on which segment, and on what terms.

Country
Morocco
Sector
Construction
Length
58 pages
Publication
Forthcoming
Contents

What the study contains, part by part

Nine parts, 58 pages. Click a part to see the detail of what it covers.

  • The ten figures that sum up the market
  • What changes between 2026 and 2030, in one page
  • The study's three operational conclusions
  • Definition of the scope used: building, civil engineering, materials
  • Weight in gross domestic product and in employment
  • Structure of the business base, from the very large to the very small
  • Share of undeclared activity and what it implies for a new entrant
  • Regional distribution of activity
  • Housing: demographics, urbanisation, support schemes and household solvency
  • Transport infrastructure: high-speed rail, motorways, ports
  • Major sporting events: stadiums, hospitality, airports and delivery schedule
  • Water and energy: desalination, water transfer, renewables
  • Post-earthquake reconstruction: scope, funding, actual pace
  • Quantification of each driver and disbursement schedule
  • The national groups that structure the market
  • Foreign players already established and through which door they entered
  • Cement, steel, aggregates: production capacity and pressure points
  • Construction costs and recent index movements
  • Labour: availability, skills, cost
  • Public procurement: who buys, how, and on what award criteria
  • National preference and local content requirements
  • Possible forms of establishment and their implications
  • Applicable taxation and treaties in force
  • Currency regime, repatriation of funds, observed payment terms
  • The projection method, explained without jargon
  • The assumptions of each scenario, written out and isolated one by one
  • Sector output path, low, central and high scenarios
  • Projection by segment: housing, civil engineering, non-residential building
  • What would tip the market from one scenario to another
  • Water risk and its direct effect on construction sites
  • Dependence on public procurement and the cliff effect after 2030
  • Pressure on materials and skilled labour
  • Payment terms and working capital requirements
  • Sensitivity to international financial conditions
  • Segments where demand exceeds local capacity
  • Segments already saturated, to avoid
  • Entry routes compared: partnership, subsidiary, subcontracting, supply
  • Order of magnitude of resources to commit by entry route
  • Table of sources, with consultation date for each
  • Definitions and scopes used
  • Quantified series in table form, ready to reuse
  • Limits of the exercise, stated frankly
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A free extract, so you can judge for yourself

Five pages taken from the final document, layout included: the full summary with its ten key figures, one complete regulatory passage and the detailed table of contents of the nine parts. Enough to check the density and level of detail before paying anything. The extract is offered in the language displayed.

Available at publication

Who it is for

It is written for someone who has to settle a real decision, not to illustrate a slide deck.

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European construction firms

You are considering Morocco as a growth relay and want to know what actually awaits you.

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Investors

You are reviewing a case and need defensible orders of magnitude, with their sources.

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Export advisory firms

You advise clients on this destination and need an up-to-date quantified base.

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Local entrepreneurs

You know the ground, but you want the overall picture and the five-year path.

Method and sources

Where the figures come from

No figure is put forward without its source and date, and none is retyped into the text: each one is computed from a single register. The same figure therefore cannot differ from one page to the next, nor between the French and the English version. We quote only what we have read in the original document: on the accounts of the listed groups, four press write-ups out of five proved inaccurate.

High Commission for Planning Bank Al-Maghrib Sector ministries Office des Changes World Bank International Monetary Fund Listed groups' filings

The projections in this study are built as documented scenarios, not with a statistical model: the Moroccan public series are too short and too discontinuous for a model to yield anything but false precision at five years. The study sets out that choice and isolates each assumption, so you can substitute your own.

Our methodology note, which covers our monthly European analyses →