In 2023, Germany leads roofing activities in Europe with €21.86 billion, followed by France at €9.45 billion, and the United Kingdom at €4.9 billion. Austria, Belgium, and the Netherlands also contribute significantly. Several countries, including Romania, Portugal, and Lithuania, have shown notable positive growth, exhibiting year-on-year increases of 8.7%, 14.92%, and 13.09%, respectively. Conversely, Greece, Cyprus, and Serbia have experienced declines of 3.27%, 4.11%, and 6.68%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years underscores Germany and Netherlands as the leaders in sustained growth.
Future trends to watch in the European roofing market include:
- Increased emphasis on sustainable and energy-efficient materials driven by environmental policies.
- Expansion in Eastern European markets with high growth potentials such as Romania and Croatia.
- Technological advancements in roofing materials and techniques providing enhanced durability and efficiency.
- Enhanced construction activity across Europe, fueled by urbanization and infrastructure upgrades.
Top countries in Turnover of Roofing Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21,860 | 2023 | +2.76% | +4.98% | View data |
| 2 | 2 France | 9,450 | 2023 | -0.46% | -0.22% | View data |
| 3 | 3 United Kingdom | 4,900 | 2023 | +0.17% | +0.0041% | View data |
| 4 | 4 Austria | 3,300 | 2023 | +1.85% | +2.05% | View data |
| 5 | 5 Belgium | 2,740 | 2023 | +2.19% | +2.98% | View data |
| 6 | 6 Netherlands | 2,550 | 2023 | +3.85% | +5.89% | View data |
| 7 | 7 Italy | 2,080 | 2023 | -3% | -3.49% | View data |
| 8 | 8 Sweden | 1,650 | 2023 | +2.09% | +2.32% | View data |
| 9 | 9 Poland | 1,530 | 2023 | +2.6% | +1.45% | View data |
| 10 | 10 Spain | 831.4 | 2023 | -2.14% | -3.68% | View data |
