Based on the forecast, the turnover for the construction of residential and non-residential buildings in Germany is expected to significantly increase from 115.33 billion euros in 2024 to 154.89 billion euros in 2028. This represents an overall growth trend in the sector.
The year-on-year percentage variation indicates a consistent growth pattern, with expected increases in turnover each year from 2024 to 2028. The 5-year CAGR reflects an average annual increase, signifying a robust upward trend in the construction industry.
Future trends to watch for include:
- Sustainability and green building practices gaining momentum.
- Technological advancements, such as smart building innovations.
- Potential fluctuations in material costs and labor availability.
