From 2013 to 2023, the turnover of Building Completion and Finishing in Finland has seen a steady increase, rising from €1.29 billion to €1.54 billion. The most significant annual growth occurred in 2016, with a 6.3% increase. However, the year 2020 experienced a slight decline of -2.17%. The growth has stabilized since, with year-on-year increases hovering around 0.67%. The CAGR over the last five years leading up to 2023 was 0.53%, indicating moderate growth.
Looking ahead from 2024 to 2028, projections suggest a continuous albeit modest growth, with the forecasted 5-year CAGR at 0.52% and an overall 5-year growth rate of 2.61%. Future trends to watch for include:
- Increased investment in sustainable building practices.
- Technological advancements in construction and materials.
- Economic factors such as inflation, interest rates, and government policies.
