The production value of Doors and Metal Windows in Sweden experienced fluctuations between 2013 and 2023, peaking in 2013 and hitting a low in 2018. From 2019 onwards, the trend stabilized, showing moderate year-on-year growth. Specifically, the value in 2023 stood at 658.0 million Euros.
Over the last two years, from 2022 to 2023, the production value increased by 0.78%, indicating a slight but positive growth. The Compound Annual Growth Rate (CAGR) over the last five years stood at 2.58%, reflecting a consistent upward trend.
Forecasting into the future, the production value is expected to continue its steady climb, reaching 676.5 million Euros by 2028 with a forecasted 5-year CAGR of 0.42%. This indicates a modest yet sustained growth trajectory.
Future trends to watch for include advancements in sustainable and energy-efficient door and window technologies, as well as any regulatory changes affecting building materials and construction standards. Additionally, market demands driven by new construction and renovation projects are likely to influence production volumes and values.