As of 2023, the sold production of boards, sheets, panels, and tiles of plaster in the UK stood at 745 million euros. The forecasts indicate a steady growth trend from 2024 through 2028, with values reaching approximately 841.19 million euros by 2028. This reflects a compound annual growth rate (CAGR) of around 2.43% over the five-year period. Year-on-year growth is expected to range from about 2.60% in 2024 to 2.27% in 2028.
Future trends to monitor include:
- Potential market disruptions due to economic factors such as Brexit impacts and trade policies.
- Technological advancements in production methods and materials that may influence manufacturing efficiency and costs.
- Environmental regulations and sustainability trends that could shift demand towards eco-friendly building materials.
- Fluctuations in construction industry demand which may significantly impact production volumes and investments.
