The turnover in the Building Completion and Finishing Sector in Poland has exhibited significant growth since 2013, increasing from 15.2 billion Zloty to 39.83 billion Zloty by 2023. The sector experienced a notable growth spurt between 2015-2016 and 2018-2019, with year-on-year increases as high as 17.18% and 15.82% respectively. Over the last two years, the growth slightly decelerated with year-on-year increases of 7.66% in 2022 and 6.79% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years has averaged approximately 9.19%, reflecting a robust expansion trend.
Looking ahead, the forecast for turnover continues to be positive but at a more moderate pace. By 2028, the projected turnover is expected to reach 50.89 billion Zloty, translating to a forecasted 5-year CAGR of 3.79% and an overall growth rate of 20.44%. This indicates a steady yet slower growth trajectory compared to previous years.
Future trends to watch for include the impact of new construction technologies, potential economic fluctuations, and regulatory changes in Poland's construction sector. Sustainability and green building practices are also likely to shape the future direction of the industry.
