The data indicates a consistent and modest increase in turnover for veneer sheets and wood-based panels in Germany from 2024 to 2028, starting from 5.94 billion euros and reaching 6.07 billion euros. Assuming the turnover in 2023 was similar to the 2024 figure, the industry exhibits minimal growth annually. The year-on-year growth rates between consecutive years are slight, hovering around 0.5% each year. The average annual growth rate, or CAGR, over these five years is approximately 0.53%, reflecting steady but slow expansion.
Future trends to watch for include potential impacts of sustainable product demand, technological advancements in production processes, and changes in global supply chain dynamics that could influence market conditions and opportunities for growth beyond current projections.
