Breaking News from the United Kingdom
SEE OTHER BRANDS

The top news stories from the United Kingdom

Comprehensive Report on the Religious Buildings Market: Opportunities and Challenges

The Business Research Company

The Business Research Company

The Business Research Company's Religious Buildings Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034

Get 30% Off All Global Market Reports With Code ONLINE30 – Stay Ahead Of Trade Shifts, Macroeconomic Trends, And Industry Disruptors”
— The Business Research Company

LONDON, GREATER LONDON, UNITED KINGDOM, September 16, 2025 /EINPresswire.com/ -- What Is The Expected Cagr For The Religious Buildings Market Through 2025?
The market size of religious structures has witnessed a marginal expansion in the past few years. The market will escalate from $21.12 billion in 2024 to $21.27 billion in 2025, marked by a compound annual growth rate (CAGR) of 0.7%. The expansion during the historical timeframe can be credited to factors such as religious customs and worship, growth in community and demographic changes, preservation of cultural and architectural legacy, urban growth and zoning policies, migration trends, and diaspora communities.

Expectations are set for the religious buildings market to experience consistent expansion in the coming years. The market is projected to increase to a value of $23.33 billion in 2029, with a compound annual growth rate (CAGR) of 2.3%. The predicted growth in the forecast period is due to factors like cultural and interfaith dialogue, outreach to the community and social welfare, environmental sustainability considerations, adjustments to changing religious customs, urban rejuvenation, and revitalization. Key trends during the predicted period include community participation programs, efforts in preservation and restoration, art and symbolism, adaptive repurpose of historical sites, with a focus on accessibility and inclusivity.

Download a free sample of the religious buildings market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9671&type=smp

What Are The Driving Factors Impacting The Religious Buildings Market?
Expectations are that the rising amount of religious contributions will accelerate the expansion of the religious building market. These types of donations are typically meant to support religious organizations and are utilized primarily or entirely for the organization's activities. They are commonly channeled towards the construction of worship structures or religious buildings, educational initiatives, missionary purposes, as well as supporting well-being programs notwithstanding religious affiliation, nationality, or ethnicity. For example, in April 2023, reports from the Office of International Religious Freedom, a department of the state based in the US, indicated that the UK government planned to designate $31.1 million (£24.5 million) to Muslim groups and $4.4 million (£3.5 million) to other non-Jewish faith groups. These funds were meant for the enhancement of security in their schools and places of worship in England and Wales. The government also distributed an additional $22.9 million (£18 million), surpassing the previous year's allocation by $5 million (£4 million). Hence, the escalation in religious donations is propelling the growth of the religious building market.

Which Players Dominate The Religious Buildings Industry Landscape?
Major players in the Religious Buildings include:

• 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.

What Are The Major Trends That Will Shape The Religious Buildings Market In The Future?
In the realm of religious building markets, technological progression is becoming an increasingly prevalent trend. To affirm their dominance in this field, leading market contenders are opting for various construction technologies, including 3D printing. This technology is a process where construction components or entire structures are created using a 3D printer, layer by layer, with materials such as concrete, polymer, or metal. To illustrate, in February 2022, The Lake California Community Church, an independent religious institution based in the US, aligned with Don Ajamian Construction, a US-based construction enterprise, to construct a church utilizing 3D printing. This method proved cost-effective and allowed the interior walls to be uniquely designed for optimal acoustics in a shorter time span.

Global Religious Buildings Market Segmentation By Type, Application, And Region
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

Subsegments:
1) By Residential: Monasteries, Convents, Religious Retreat Centers
2) By Non-Residential: Churches, Temples, Mosques, Synagogues, Other Worship Spaces

View the full religious buildings market report:
https://www.thebusinessresearchcompany.com/report/religious-buildings-global-market-report

Which Region Holds The Largest Market Share In The Religious Buildings Market?
In 2024, the religious buildings market size was led by the Asia-Pacific region. The market report includes an analysis of several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Browse Through More Reports Similar to the Global Religious Buildings Market 2025, By The Business Research Company

Precast Concrete Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/precast-concrete-global-market-report

Building Inspection Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/building-inspection-services-global-market-report

Buildings Construction Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/buildings-construction-global-market-report

Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company"

Oliver Guirdham
The Business Research Company
+44 7882 955267
info@tbrc.info
Visit us on social media:
LinkedIn
Facebook
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions