The building completion and finishing sector in Poland has demonstrated robust growth from 2013 to 2023, with the sector’s production value standing at 35.09 billion Zloty in 2023. Notably, there was an approximate yearly average growth (CAGR) of 9.18% in the past 5 years.
Year-on-year variations show a consistent upward trajectory with a few fluctuations: the largest increase was seen in 2016 with an 18.91% rise while 2021 presented a lesser but still significant growth of 3.62%. The sector also faced a slight decline in 2017 with a -0.97% decrease. The market's resilience is evident with continued growth even through global uncertainties.
Future projections depict an optimistic trend with a projected average annual growth rate (CAGR) of 4.18% over the next five years, leading to a cumulative forecasted growth of 22.71% by 2028.
Future trends to watch for:
- Increasing demand for sustainable and energy-efficient building solutions.
- Technological integration in construction processes, enhancing productivity.
- Impact of policy changes and economic fluctuations on the construction market.
- Urbanization trends driving demand for residential and commercial building completions.