In 2023, Germany led the European turnover in building completion and finishing with €23.21 million, showing a 5.88% increase from the previous year. France and the UK followed at €17.2 million and €14.02 million, respectively, with France experiencing a slight decline. Notable growth was seen in the Netherlands (7.03%) and Poland (8.01%), while Hungary surged by 12.35%. Conversely, Ireland and Latvia faced significant downturns. The five-year compound annual growth rate highlights stability and growth prospects in developing markets such as Romania and Hungary.
Future trends to watch include technological advancements in building techniques, increased demand for sustainable construction, and the impact of economic fluctuations on project funding across Europe. Market players should also monitor policy changes related to construction standards and labor markets.
Top countries in Turnover of Building Completion and Finishing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.21 | 2023 | +4.77% | +5.88% | View data |
| 2 | 2 France | 17.2 | 2023 | -0.31% | -0.93% | View data |
| 3 | 3 United Kingdom | 14.02 | 2023 | +1.4% | +1.25% | View data |
| 4 | 4 Italy | 8.61 | 2023 | -3.21% | -3% | View data |
| 5 | 5 Netherlands | 5.28 | 2023 | +6.01% | +7.03% | View data |
| 6 | 6 Sweden | 4.19 | 2023 | +3.89% | +4.61% | View data |
| 7 | 7 Belgium | 4.1 | 2023 | +2.51% | +2.26% | View data |
| 8 | 8 Switzerland | 3.48 | 2023 | +2.33% | +5.92% | View data |
| 9 | 9 Denmark | 3.19 | 2023 | +1.45% | +2.7% | View data |
| 10 | 10 Poland | 3.14 | 2023 | +6.06% | +8.01% | View data |
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