In 2023, the turnover for the cutting, shaping, and finishing of stone in Poland stood at 527.0 million Euros. Based on the forecasted data from 2024 to 2028, there is a slight but consistent decline in turnover. In 2024, the turnover is expected to be 526.6 million Euros, representing a minor decrease from 2023. The trend continues with a year-on-year reduction, resulting in a projected turnover of 524.7 million Euros by 2028. The compound annual growth rate (CAGR) over the five years indicates an average annual decline.
Future trends to watch for:
• Increasing competition from alternative materials.
• Innovation in stone processing technology.
• Impact of economic conditions on construction and renovation sectors.