The turnover of concrete, cement, and plaster articles in Finland showed fluctuations from 2013 to 2023. Starting with a decline up to 2015, the market rebounded significantly in 2017 with a 29.62% year-on-year increase. From 2018, the market saw various moderate gains and slight declines, stabilizing around 1.88 Billion Euros in 2023. Over the last two years, the turnover increased by approximately 1.58% and 1.54%, with a 5-year compounded annual growth rate (CAGR) of 2.24%.
Looking ahead, forecast data from 2024 indicate a positive growth trajectory, reaching 2.02 Billion Euros by 2028. The predicted 5-year CAGR is 1.13%, translating to an overall growth rate of 5.76% over five years.
Future trends to watch for include the adoption of sustainable construction materials, advancements in green building technologies, and potential shifts in demand driven by urbanization and infrastructure development. Monitoring economic factors and regulatory changes will also be crucial for understanding market dynamics.
