In 2023, the production value of concrete, cement, and plaster articles in Switzerland stood at 2.46 billion euros. Forecasts for 2024 project a slight increase to 2.48 billion euros, indicating a year-on-year growth of approximately 0.81%. The subsequent years see continued gradual increases, with values reaching 2.55 billion euros by 2028. The average compound annual growth rate (CAGR) over the forecasted five-year period is anticipated to be about 0.72%.
Future trends to watch for:
- Adoption of sustainable and green building materials affecting production costs
- Potential regulatory changes impacting industry standards
- Technological advancements in production processes
- Shifts in demand from emerging markets or large infrastructure projects
