Global Religious Buildings Market Segments 2024, Forecast To 2033
5 Mar, 2024
The religious buildings market has grown marginally, moving from $19.43 billion in 2023 to $19.71 billion in 2024, reflecting a modest CAGR of 1.4%. This growth is linked to religious practices, community growth, and architectural heritage. Marginal growth is expected to continue, projecting a market size of $21.11 billion in 2028, sustaining a CAGR of 1.7%. Factors include cultural and interfaith dialogue and adaptation to changing religious practices.
Global Religious Buildings Market Key Driver
The increasing religious donations drive the growth of the religious building market. In 2020, Americans donated $471.44 billion to charity, reflecting a 5.1% rise, contributing to the development of religious buildings.
Get A Free Sample Of The Global Religious Buildings Market ReportGlobal Religious Buildings Market Segments
The religious buildings market covered in this report is segmented –
1) By Type: Residential, Non-residential
2) By Construction Activity: New Construction, Repair And Maintenance, Refurbishment, Demolition
3) By Application: Owned, Rental
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the religious buildings market in 2023. The regions covered in the religious buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Religious Buildings Industry Players
Stenz Construction Corporation; Skanska AB; Vinci SA; Turner Construction Company; Lincoln Construction Co.; Churches by Daniels Inc.; Hochtief AG; BGW Architects; Delphi Construction Inc.; Marker Inc.; Hencken & Gaines Inc.; CB Construction LLC; Scherrer Construction Co. Inc.; Tejjy Inc.; Hankins Construction Company; Clark Construction Group LLC; Hensel Phelps Construction Co.; PCL Construction Enterprises Inc.; McCarthy Building Companies Inc.; The Whiting-Turner Contracting Company; Gilbane Building Company; M. A. Mortenson Co.; JE Dunn Construction; Balfour Beatty US; Webcor Builders Inc.; Swinerton Builders; DPR Construction; Holder Construction Company; Brasfield & Gorrie LLC; The Henry C. Beck Company; Ryan Companies US Inc.; Hoffman Construction Company; The Boldt Company; The Korte Company; Whiting-Turner Contracting Co.
Get The Full Global Religious Buildings Market ReportAIOps Religious Buildings Market Overview
A religious building refers to a specially designed construction for religious acts where individuals or a group of people perform acts of devotion, and religious study. These locations are used by members of religious communities to commemorate life’s significant events, such as births. Religious buildings are important to communities as they allow people to share and connect over shared beliefs.
Religious Buildings Global Market Report 2023 provides data on the global religious buildings market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The religious buildings market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.