The turnover for doors and metal windows in Denmark saw significant growth from 2013 to 2018, peaking at 235.8 million Euros in 2018. However, fluctuations occurred thereafter, with a notable dip in 2019 followed by slight recovery and stabilization around 225 million Euros from 2020 to 2023. As of 2023, the turnover was 224.6 million Euros. Year-on-year variation highlights a small decline of 0.13% from 2022 to 2023, while the compound annual growth rate (CAGR) over the last five years stands at -0.97%. The forecasted data from 2024 to 2028 predict a minor decrease, with a forecasted five-year CAGR of -0.06% and a forecasted five-year growth rate of -0.31%.
Future trends to watch for include:
- Potential recovery in the construction sector which could influence demand.
- Technological advancements in material science improving product offerings.
- Environmental policies and regulations impacting production and market dynamics.
- Economic factors and inflation rates affecting consumer and business investments.