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Industrial Building Construction in Minnesota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MN23621

Industrial Building Construction in Minnesota industry analysis

The Industrial Building Construction industry in Minnesota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Industrial Building Construction in Minnesota Market Research Report

What’s Included in the Industrial Building Construction in Minnesota Market Research Report

Definition of the Industrial Building Construction in Minnesota?

The industry comprises contractors primarily responsible for the construction (e.g., new work, additions, alterations, maintenance and repairs) of industrial and manufacturing buildings. Establishments include general contractors, design-build companies and construction management operators.

What’s included in the Industrial Building Construction in Minnesota?

The Industrial Building Construction in Minnesota includes constructing new manufacturing and industrial buildings, performing alterations, additions or repairs to manufacturing and industrial buildings, constructing waste and garbage disposal plants, constructing factories, plants and mills and constructing industrial laboratories and testing facilities. Related terms covered in the Industrial Building Construction in Minnesota industry report includes a group of developers used to construct a building or complex, a written offer or bid to contract goods or services at a specified cost or rate and a building primarily used to accommodate capital equipment for the manufacturing, packaging or storage of products.

Industry Performance of the Industrial Building Construction industry in Minnesota

Benchmark the Industrial Building Construction in Minnesota industry performance with all MN county and national performance.

Industrial Building Construction in Minnesota

#27 in Highest Revenue 1.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Industrial Building Construction in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Industrial Building Construction industry in Minnesota

See how key industry drivers, such as population, private investment in residential construction, new business formation, private investment in manufacturing structures, manufacturing capacity utilization and government consumption and investment are impacting Industrial Building Construction in Minnesota

Minnesota Economic Indicators

Population
Private Investment in Residential Construction
New Business Formation

View more economic information in MN State Economic profile

US Key External Drivers

Private investment in manufacturing structures
Manufacturing capacity utilization
Government consumption and investment

For the full list of industry drivers, see report purchase options.

County Data of the Industrial Building Construction industry in Minnesota

Access proprietary data on county in the Industrial Building Construction in Minnesota, such as Hennepin County, Crow Wing County and Ramsey County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Industrial Building Construction industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Industrial Building Construction industry in Minnesota in 2025?

The market size of the Industrial Building Construction industry in Minnesota is $537.3m in 2025.

How many businesses are there in the Industrial Building Construction industry in Minnesota in 2025?

There are 204 businesses in the Industrial Building Construction industry in Minnesota, which has been growing at an average annual rate of 1.2% from 2020 to 2025.

Has the Industrial Building Construction industry in Minnesota grown or declined over the past 5 years?

The market size of the Industrial Building Construction industry in Minnesota has been growing at an average annual rate of 5.3% from 2020 to 2025.

How many employees in the Industrial Building Construction industry in Minnesota in 2025?

There are 1,102 employees in the Industrial Building Construction industry in Minnesota, which has been growing at an average annual rate of 1.4% from 2020 to 2025.