The gross investment in the building completion and finishing sector in Spain has seen fluctuations over the past decade. From 2013 to 2023, the sector showed an overall upward trend despite noticeable dips in certain years. For instance, an impressive growth was seen between 2014 and 2018, peaking in 2018 with 253.1 million euros. However, it experienced downturns in 2019 and 2020 but rebounded in subsequent years. In 2023, actual investments stood at 258.7 million euros, marking an 8.29% year-on-year increase and a CAGR of 0.44% over the last 5 years. As per the forecast, the sector is expected to grow steadily, reaching 277.1 million euros in 2028, with a forecasted 5-year CAGR of 0.96% and an overall growth rate of 4.88% from 2024 to 2028.
Future trends to watch for include:
- Economic recovery post-pandemic, impacting investment stability positively.
- Innovations in sustainable and energy-efficient building technologies.
- Potential governmental policies favouring the construction and completion sector.
- Fluctuations in real estate demand and housing market dynamics.
