The turnover in the Specialized Construction Activities sector in Finland grew consistently from 2013 to 2023, reaching 16.62 Billion Euros in 2023. The year-on-year growth varies, with notable increases around 2016 and 2017, followed by a period of steady but modest growth. The compound annual growth rate (CAGR) over the last five years stands at 2.23%, indicating a moderate and sustained upward trend.
Looking forward to the forecasted data from 2024 to 2028:
- Yearly growth continues, with an anticipated CAGR of 1.52% over the next five years.
- The forecast outlook predicts the turnover reaching up to 18.29 Billion Euros by 2028, signifying a 7.84% total growth from 2023.
Future trends to watch for include potential impacts of economic fluctuations, advancements in technology, regulatory changes, and shifts in construction demand. The sector may also be influenced by sustainability measures and innovations in construction methods, which could affect both growth rates and operational practices.