Forecast: Turnover of Construction Services in the Netherlands

Between 2013 and 2023, the turnover of construction services in the Netherlands has shown a strong upward trend, rising from 17.72 billion euros to 29.14 billion euros. The year-on-year growth rate fluctuated, with a notable dip in 2013, followed by steady increases culminating in a 4.46% growth for 2023. The compound annual growth rate (CAGR) over the last five years was 5.79%, indicating a robust market recovery and expansion from earlier years of decline.

From 2024 onwards, the forecast suggests a continuing rise, with an anticipated turnover of 35.27 billion euros by 2028. The forecasted CAGR for the next five years is 3.03%, indicating a slower but steady growth trajectory.

Future trends to watch for include potential impacts of economic fluctuations, sustainability-driven construction practices, government infrastructure investment, and technological advancements within the industry. Monitoring these will be crucial for anticipating market shifts and capitalizing on emerging opportunities.

Top Countries about Commercial Construction