Europe Building Materials Market Share, Opportunities, Competitive Landscape, Future Plans, and Forecasts Study Till 2024
Category: #headlines  By Rahul Varpe  Date: 2020-03-31
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Europe Building Materials Market Share, Opportunities, Competitive Landscape, Future Plans, and Forecasts Study Till 2024

Europe Building Materials Market share was valued at USD 85 billion in the year 2017 and is projected to surpass a revenue of USD 125 billion by the year 2024.

Know about Market growth in New Research and its Top growing factors by Key Companies like

BASF, Bituline Industries SA, James Burrell, PCI Augsburg GmbH, Murdock Builders Merchants, Saint-Gobain, JSC SKV, Saint-Gobain Gyproc, Fassa Bortolo, Siniat (acquired by Etex), Thebault Group, UPM Plywood, Danzer Group, Puumerkki Oy, Mogentale A Srl, Klausner Group, Kastamonu Entegre, Lumber/Timber/Truss manufacturers, Pfeifer Holding GmbH, Ilim Nordic Timber GmbH & Co., Stora Enso Oyj, BSW Timber Group, Sodra Group, Panel manufacturers (plywood, MDF, Particleboard and OSB), Metsa Wood, AS Latvijas Finieris, SVEZA, Grupo Garnica Plywood, S.A., Glennon Brothers, Flooring manufacturers (MDF, HDF, plywood, other engineered based and solid), Svenska Cellulosa Aktiebolaget SCA, Danzer, Holz Braun, FRITZ EGGER GmbH & Co. OG, MEDITE SMARTPLY, Wooden Door Manufacturers, Viking Window AS, Baumeister EUROTECH, JOSKO Windows and doors GmbH, Pandoor Interior Doors Industries Ltd., HAUFEN, XL Joinery Limited, Wooden Interior Joinery, Intermolduras S.L., Zebrano Woodworks LLC, Interior-id, Raumplus, Rauch Group, S&T Interiors and Contracting, WEWOOD, Pronto Joinery Ltd., Helios, Poggenpohl Mobelwerke GmbH, pronorm Einbaukuchen GmbH, Nobia AB (HTH Kitchens), Nobia AB (Marbodal), Sigdal, EWE, Magnet, Nobilia, Alno, Wellmann Kitchens, Pino Kitchens GmbH & Co.KG, Impuls Kitchen GmbH, SCHMIDT Groupe, Hacker, Mobalpa, Schuller S.L., Bauformat Group, Snaidero Group, Accessories, Kohler Co., ROCA, Hansa Armaturen GmbH, Ideal Standard International, Duravit AG, Grohe, Villeroy & Boch, Steinberg GmbH, Aloys F. Dornbracht GmbH & Co. KG, Kludi GmbH & Co. KG

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The Europe Building Materials Market to register a CAGR of 5.5% over the period of 2018–2024. Analysis of the report based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2024. The report also includes an in-depth analysis of the market based on its segments and sub-segments.

The Europe building materials market is expected to emerge as one of the most remunerative verticals of the global construction space, given that the construction industry in the region is fast recovering from the financial crisis. It is also vital to note that the regional construction industry is slowly shifting from a traditional model to one that more suitable for the millennial generation, with consumers opting for   With strong growth projections being made for the overall European construction industry, it is rather predictable that the Europe building materials market will depict a massive upsurge in the years ahead. Indeed, estimates claim that Europe building materials industry size is expected to surpass $125 billion by 2024.

Market Growth Drivers - 

  1. UK: Growth of the construction sector and expansion of infrastructural renovation projects
  2. Germany: Rising demand for green building material France: Rising demand for prefabricated residential buildings
  3. Benelux Belgium: Rising demand for R&M activities
  4. The Netherlands: Favorable incentive schemes supporting the construction industry
  5. Luxemburg: Increasing urbanization
  6. Italy: Progression in wood industry
  7. Russia: Growing awareness towards green building practices
  8. Rest of Europe: Preference for wood-based building products

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UK is one of the countries that adds most value to the Europe construction industry. Together with Germany and France, UK contributed to approximately 50% of the total valuation of the construction industry in the continent in 2016. In 2017, UK generated over $8 billion revenue with the UK Office of National Statistics having reported that the construction index in the country had been the highest in the past 15 years in 2017. Also, with major upcoming infrastructure projects such as Brent Cross Shopping Center, Aykon London One, Angel Meadows and other, it is projected that the Europe building materials industry will accrue significant profits solely on account of UK’s contribution toward the regional business.

Comprehensive Review of Market Growth, Applications, and Future Prospects

  1. Flooring,
  2. Door and Window,
  3. Kitchen,
  4. Bath,
  5. Vanity,
  6. Toilet,
  7. Roofing,
  8. Outer Siding,
  9.  Furniture [Interior, Garden Furniture]

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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