The sold production of machine-tools for working stone, ceramics, concrete, asbestos-cement, and similar materials, or for cold working glass in Germany is forecasted to slightly decline from 2024 to 2028. Starting at 272.86 million euros in 2024 and decreasing steadily each year to 269.76 million euros by 2028, the sector anticipates a gradual decrease indicative of a shrinking market.
Year-on-year variations show a consistent slight decline, reflecting diminishing demand or increased competition. The compound annual growth rate (CAGR) over the five-year forecast period further underscores this downturn, signaling a cautious approach for companies in this sector.
Future trends to watch include:
- Technological advancements possibly revitalizing demand.
- Regulatory changes impacting manufacturing and import-export flows.
- Market diversification attempts by companies to sustain revenues.
