In a constantly evolving market, MADE Expo 2025 remains a key observatory for analysing the economic and regulatory trends shaping the construction industry. In collaboration with CRESME, an independent research institute specialising in the sector, MADE Expo shares updated data that helps outline the outlook for the next two years.

2024: a key transitional year for building renovation

The analysis highlights 2024 as a pivotal year, marked by major changes to tax incentives for renovation. For example, deductions for work on second homes dropped from 50% to 36%, and are set to fall to 30% by 2026. This makes 2024 a still favourable time to start renovation projects, influencing decisions by homeowners and professionals alike.

Although the construction sector is seeing an annual decline of 8.9%, “spoken transfer” payments in January 2025 reveal a surprising result: nearly €13 billion were processed—up +53% from January 2024—setting a monthly record for traditional incentives. This spike reflects both the completion of works in 2024 and the launch of new sites in 2025, showing the sector's resilience.

Public works driving recovery

Public works are the true engine of growth, showing strong and steady expansion. In 2025, investments are expected to reach nearly €78 billion—up +7.5% in real terms—following +13.8% in 2024 and +23% in 2023. Much of this is driven by the National Recovery and Resilience Plan (PNRR), which has significantly boosted planning and tender activity in recent years.

Between 2021 and 2024, nearly €293 billion in public contracts were launched, with 35.5% (€104 billion) directly linked to the PNRR. However, funding often comes from a mix of sources beyond the PNRR, including national, EU, and local finance tools.

According to the latest report by the Chamber of Deputies’ Research Office, in collaboration with ANAC and CRESME, the national portfolio of strategic and priority public works now exceeds €480 billion—with over 70% of the funding already secured.

From planning to delivery: a new industry paradigm

These figures show that the expansion of public works is entering a decisive phase: moving from planning to actual implementation. The key challenge for the coming years is turning resources and projects into real building sites that generate economic value, jobs, and urban quality.

In this context, MADE Expo 2025 aims to be a strategic platform for dialogue and updates, bringing together companies, professionals, and institutions to explore the future of the built environment. A unique opportunity to anticipate market trends and actively support the sector’s sustainable growth and transformation.