Market Size of Europe Building & Construction Sheets Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Building & Construction Sheets Market Analysis
Europe buildings and construction sheets market is anticipated to grow at a CAGR of approximately 4% during forecast period (2022-2027).
In comparison to the global economy, the Europe region took a worse damage in 2020 due to COVID-19 and will recover more slowly in 2022. In Europe region, real GDP is predicted to recover pre-crisis levels by mid-2022. In comparison to the first projections following the commencement of the pandemic, this represents a favourable change in the outlook. It is vital to stress, however, that restoring economic activity to pre-crisis levels will result in gradual recovery for the Europe economy.
The resuscitation of the region's construction industry, as well as the increased use of construction sheets over traditional materials, are projected to boost the market's growth in the short term. The European Central Bank's ultra-low interest rates, a growing urban population, and high immigration over the last five years have all aided the construction boom. The number of pending residential building permits has risen to above 400,000, indicating the sector's expansion.
