The production value of buildings construction in Poland is expected to grow steadily over the forecast period from 2024 to 2028. In 2023, the production value stood at 44.4 billion euros. From 2024, there will be a consistent annual increase with the production value forecasted to reach 47.8 billion euros by 2028. The year-on-year growth rates indicate a stable upward trend: 1.5% from 2024 to 2025, 1.5% from 2025 to 2026, and 1.5% from 2026 to 2027. The compound annual growth rate (CAGR) over the five-year period is approximately 1.5% per annum.
Future trends to watch for include:
- Technological advancements in construction methodologies which could increase efficiency and drive down costs.
- Government policies and investments aimed at boosting construction activities, particularly in residential and commercial sectors.
- Economic factors such as inflation, labor costs, and availability of materials which could influence overall production value.