Forecast: Turnover in Building Completion and Finishing Sector in Germany

The Building Completion and Finishing sector in Germany has demonstrated a strong growth trajectory with turnover increasing from 33.77 billion Euros in 2013 to 65.38 billion Euros by 2023. Notably, the sector observed a year-on-year increase of 4.77% in 2023. Over the past two years, this trend of mild yet sustained growth has continued, supported by a 5.88% CAGR over the last five years.

Looking forward, forecasting data indicates a steady climb with turnover expected to reach 79.83 billion Euros by 2028, reflecting a CAGR of 3.16% over the next five years.

Future trends to watch for:

• Impact of macroeconomic factors on the construction industry.
• Technological advancements in construction and finishing practices.
• Changes in regulatory environment and sustainability initiatives.
• Market demand and housing policies potentially driving sector growth.