In 2023, the turnover for the Cutting, Shaping and Finishing of Stone industry in Denmark stood at 49.76 million Euros. The forecasted data for the following years shows a declining trend: 48.09 million Euros in 2024, 46.45 million Euros in 2025, 44.84 million Euros in 2026, 43.27 million Euros in 2027, and 41.72 million Euros in 2028.
The year-on-year percentage variation is as follows:
- 2024: -3.4%
- 2025: -3.4%
- 2026: -3.5%
- 2027: -3.5%
- 2028: -3.6%
The overall Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately -3.48%, indicating a consistent decrease over this period.
Future trends to watch for include potential impacts from technological advancements, shifts in demand for natural vs. artificial stone products, and broader economic conditions that could affect construction activities and consequently the demand for stone cutting, shaping, and finishing services.
