The Croatian non-domestic cooling and ventilation equipment manufacturing market experienced consistent growth over the past decade, with values rising from 180.16 million euros in 2013 to 313.74 million euros in 2023. Variations in growth were notable, such as a significant increase in 2016 at 26.81% and fluctuations with declines in 2017 and 2020. The latest CAGR from 2018 to 2023 stands at 2.85%, indicating steady growth, though at a slower pace in recent years. Notably, the 2023 market size confirms the sector's resilience, standing robustly at 313.74 million euros.
Future trends to watch include advancements in energy-efficient technologies, regulatory influences on manufacturing practices, and potential impacts from global supply chain disruptions. Continued innovation and adaptation will be pivotal for sustained growth.
How does Croatia rank in Non-Domestic Cooling and Ventilation Equipment Manufacturing Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12,103,000,000 | 2023 | +1.42% | +0.87% | View data |
| 2 | 2 France | 6,616,900,000 | 2023 | +1.31% | +1.47% | View data |
| 3 | 3 Spain | 4,862,800,000 | 2023 | +4.22% | +0.12% | View data |
| 4 | 4 United Kingdom | 3,297,700,000 | 2023 | -0.34% | +0.47% | View data |
| 5 | 5 Sweden | 1,724,300,000 | 2023 | +2.11% | +0.89% | View data |
| 6 | 6 Finland | 1,093,300,000 | 2023 | +1.2% | +0.42% | View data |
| 7 | 7 Greece | 489,840,000 | 2023 | -0.41% | +1.6% | View data |
| 8 | 8 Croatia | 313,740,000 | 2023 | +3.53% | +2.85% | |
| 9 | 9 Bulgaria | 293,740,000 | 2023 | +3.25% | +1.8% | View data |
