Forecast: Production in Specialized Construction Activities Sector in the Netherlands

Between 2013 and 2023, the specialized construction activities sector in the Netherlands showed fluctuating growth patterns. Initially, there was a slight decline with values decreasing by -2.86% in 2013 and -0.51% in 2014. However, from 2015 onwards, the sector experienced a robust recovery with significant growth, peaking at 10.91% in 2018. Although 2020 saw a setback with a -12.32% decline, the sector rebounded quickly, achieving 10.01% growth in 2021 and 7.47% in 2022. By 2023, the sector stood strong at 52.54 billion Euros, growing by 5.78% year-on-year.

Analyzing the last five years, the sector exhibited a Compound Annual Growth Rate (CAGR) of 3.69%, indicating steady growth. Looking ahead to 2028, the forecasted 5-year CAGR is 2.05%, with an overall projected growth of 10.69%, suggesting moderate yet continued expansion.

Future trends to watch for:

  • Impact of sustainability initiatives and green technologies on construction practices.
  • Potential market fluctuations due to economic uncertainties and global supply chain disruptions.
  • Innovations in construction materials and methods, driving efficiency and growth.

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