Forecast: Production in Building Completion and Finishing Sector in Germany

The Building Completion and Finishing sector in Germany saw a steady increase in production value from 33.71 billion euros in 2013 to 62.28 billion euros in 2023. Notable year-on-year increases include a significant 17.48% rise in 2014 and a 14.14% increase in 2019. However, 2020 experienced a slight decline of -2.22% due to pandemic impacts. Over the last two years, the sector grew consistently by approximately 3.72% per year. The CAGR over the last five years stands at 4.8%, indicating robust long-term growth.

Future forecasts predict continued growth, with a CAGR of 2.55% over the next five years, reaching 73.13 billion euros by 2028. This signifies a cumulative growth of 13.39% from 2024 to 2028.

Future trends to watch for include:

• Increased investments in sustainable building practices
• Adoption of advanced construction technologies
• Further economic stability post-pandemic impacts
• Government policies influencing the sector