The turnover in the manufacture of articles of concrete, cement, and plaster sector in Germany is projected to increase from 18.64 billion euros in 2024 to 19.79 billion euros in 2028. Compared to the baseline year of 2023, where actual values stood at 18.36 billion euros, the sector shows moderate growth.
Year-on-year, the turnover is expected to rise by approximately 1.5% annually, reflecting a steady growth trend. Over the forecast period of five years, a CAGR of around 1.5% is anticipated, driven by consistent demand and industry adaptation to technological innovations.
Future trends to watch for:
- Adoption of sustainable practices and materials as environmental regulations tighten.
- Impact of global supply chain shifts on production costs and efficiencies.
- Advancements in automation and digitalization within the manufacturing process.
