The construction industry is facing numerous challenges, including the cost-of-living squeeze and supply chain disruptions. To seize opportunities in the future, the sector must learn from recent years. In 2021, annual construction output increased by a record 12.7%, the largest increase in history. However, this growth was driven by a surge in public sector projects, and the industry must now adapt to a more challenging economic environment. Offsite construction offers a way to reduce costs and improve sustainability, and recent lessons learned from the Grenfell Tower disaster have highlighted the importance of safety and quality in construction. The industry must also address skills shortages and embrace new technologies to remain competitive.
