From 2013 to 2023, the turnover for concrete, cement, and plaster articles in Germany has shown moderate fluctuations, characterized by a general upward trend. Starting at 15.62 billion Euros in 2013 and reaching 18.22 billion Euros in 2023, the market experienced significant variability, especially in 2016 with a 6.55% decline and during the periods of notable growth in 2017 (9.31%) and 2020 (7.87%). The last two years have seen average growth with 1.65% in 2022 and 1.6% in 2023, aligning well with historical growth rates.
Future trends of this market are forecasted with a steady annual growth rate averaging 1.17% CAGR from 2024 to 2028. Expected innovations in green construction techniques and increasing regulatory pressure on sustainability will likely impact future market behavior. Monitoring the adoption of new construction technologies will be crucial in accurately predicting longer-term trends.
