Data Analysis:
According to the forecasted data, the sold production of prefabricated buildings of plastics in Belgium is expected to grow from EUR 27.461 million in 2024 to EUR 29.88 million in 2028. Here is the year-on-year percentage variation:
- 2024-2025: 2.24%
- 2025-2026: 2.17%
- 2026-2027: 2.09%
- 2027-2028: 2.04%
The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 2.14%.
Future Trends:
Continued innovation in materials and sustainable building practices, along with increasing demand for quick and efficient construction solutions, are likely to drive the market. Also, potential economic and regulatory changes could significantly impact the growth trajectory of prefabricated buildings of plastics in Belgium.