The production value of roofing activities in Austria has shown a steady growth from 2013 to 2023, reaching 3.28 billion Euros in 2023. Over the last two years, 2022 and 2023, the year-on-year variations were 2.32% and 2.24% respectively. The compound annual growth rate (CAGR) over the last five years was 2.32%. From 2013 to 2018, the market exhibited fluctuating growth rates but stabilized with a stronger upward trend post-2018.
Looking ahead to the forecasted period from 2024 to 2028, the market is expected to maintain a moderate growth trajectory with a forecasted 5-year CAGR of 1.6% and an overall growth rate of 8.28%. Future trends to watch include technological advancements in roofing materials, policies influencing construction in Austria, and potential economic shifts that could impact the overall construction industry.
