The forecast for hours worked in floor and wall covering in Norway shows a positive growth trend from 2024 to 2028. In 2023, the sector stood at 4.52 million hours. Looking at year-on-year variations, an increase of 5.02% is expected from 2024 to 2025, followed by 4.74% from 2025 to 2026, 4.47% from 2026 to 2027, and 4.23% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 5.00%.
Future trends to watch for include technological advancements in materials and installation methods, as well as potential economic factors influencing construction activity. Additionally, the growing focus on sustainable and environmentally-friendly building practices may impact labor requirements and hours worked.
