The industrial gases market in Poland has shown significant fluctuations over the years. In 2023, the market size stood at 483.38 million Euros, marking a 2.51% growth from the previous year. This mild increase follows a 2.6% rise in 2022 and a 1.13% uptick in 2021. Over the last five years, the market demonstrated an average annual growth rate (CAGR) of 2.56%, with observable variability due to economic and operational factors.
Key variations include a notable decline in 2016 (-7.76%) and a recovery in 2017 (13.3%). The forecast up to 2028 anticipates a steady growth rate with a CAGR of 1.78%, projecting the market size to reach approximately 540.83 million Euros, signaling a relative growth of 9.24% over the five-year period.
Future trends to watch for include advancements in production technology, growing industrial applications, and potential regulatory impacts. Market players should also monitor global supply chain dynamics and environmental regulations which could further shape the market trajectory.