Annual gross domestic product (GDP) growth rates slowed in 2023 as the effects of the high inflation rates hit the global economy, even being negative in Germany. In Eastern Europe, the GDP grew by less than 0.3 percent. What is GDP? GDP is an important indicator to measure the economic strength of a country. It is the sum of all the consumption, investment, government expenditures, and net exports in a country. For this reason, consumer confidence can give an idea of future GDP growth. Similarly, stock exchanges such as the S&P 500 index can give an idea of the investment trends in an economy. Government spending tends to be more constant, and net exports are generally a smaller component of overall GDP. In fact, a negative trade balance can fuel an economy by boosting domestic consumption and investment. Not included in GDP GDP does not account for some factors. For example, existing infrastructure is not a part of the GDP calculation, though a thriving economy would be impossible without it. Nevertheless, GDP is the most widespread measure of economic performance because of its simplicity and wide scope.

According to European Commission forecasts, Poland will achieve the highest GDP growth in 2025 (+3.5 percent), followed by Croatia and Lithuania.

The Eastern European construction market, valued at approximately €[Estimate based on XX million and market context, e.g., €200 million] in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 7.00% from 2025 to 2033. This expansion is driven by several key factors. Firstly, increasing urbanization and population growth across the region are fueling demand for residential and commercial construction. Secondly, significant investments in infrastructure development, particularly in transportation networks and energy infrastructure (modernization and expansion of renewable energy sources), are providing a substantial boost to the market. Furthermore, government initiatives focused on improving housing affordability and sustainable urban development are acting as catalysts. While challenges remain, such as economic volatility in some Eastern European countries and potential labor shortages, the overall outlook remains positive. However, certain constraints could temper growth. Geopolitical instability and fluctuations in raw material prices present ongoing risks. Furthermore, the regulatory environment and bureaucratic processes can sometimes hinder project implementation. The market is segmented across residential, commercial, industrial, infrastructure (transportation), and energy and utilities sectors, with residential and infrastructure projects likely dominating market share. Key players, including Vinci, Fomento de Construcciones y Contratas, Balfour Beatty, Strabag, ACS, Royal BAM Group NV, Bouygues, Eiffage, Skanska, and Acciona, are actively competing for market share, often focusing on large-scale infrastructure projects and public-private partnerships. The varying economic conditions across countries like Romania, Hungary, Croatia, Ukraine, Bulgaria, and the rest of Eastern Europe will influence sector-specific growth trajectories within the overall market. This in-depth report provides a comprehensive analysis of the Eastern Europe construction market, offering invaluable insights for investors, contractors, and industry stakeholders. With a study period spanning from 2019 to 2033, a base year of 2025, and a forecast period from 2025 to 2033, this report leverages historical data (2019-2024) to provide accurate projections of market growth and dynamics. The report delves into market size (in millions), key trends, and growth drivers across various segments including residential, commercial, industrial, infrastructure (transportation), and energy & utilities construction. This report is your key to unlocking the potential of this dynamic market. Key drivers for this market are: Urbanization and Infrastructure Development, Sustainable Construction Practices. Potential restraints include: Labor Shortages and Costs. Notable trends are: Increase in Residential Building Permits in Romania:.

Vietnam Imports: East Europe: Hungary data was reported at 148.422 USD mn in 2017. This records a decrease from the previous number of 173.160 USD mn for 2016. Vietnam Imports: East Europe: Hungary data is updated yearly, averaging 28.864 USD mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 173.160 USD mn in 2016 and a record low of 3.200 USD mn in 1992. Vietnam Imports: East Europe: Hungary data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA017: Imports: By Country: Value: Annual.

Vietnam Imports: East Europe: Russian data was reported at 1.386 USD bn in 2017. This records an increase from the previous number of 1.131 USD bn for 2016. Vietnam Imports: East Europe: Russian data is updated yearly, averaging 766.561 USD mn from Dec 1981 (Median) to 2017, with 33 observations. The data reached an all-time high of 1.801 USD bn in 1988 and a record low of 144.823 USD mn in 1995. Vietnam Imports: East Europe: Russian data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA017: Imports: By Country: Value: Annual.

Indonesia Visitors Arrivals: Annual: Europe: Other East Europe data was reported at 180,081.000 Person in 2018. This records a decrease from the previous number of 201,741.000 Person for 2017. Indonesia Visitors Arrivals: Annual: Europe: Other East Europe data is updated yearly, averaging 15,748.000 Person from Dec 1994 (Median) to 2018, with 25 observations. The data reached an all-time high of 201,741.000 Person in 2017 and a record low of 4,326.000 Person in 1999. Indonesia Visitors Arrivals: Annual: Europe: Other East Europe data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Indonesia – Table ID.QA003: Visitors Arrivals: by Country of Residence: Annual.

The Eastern European construction market, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7%, presents a significant investment opportunity. Driven by increasing urbanization, government infrastructure projects (particularly in transportation and energy), and a growing need for residential and commercial spaces, the market is projected to experience substantial expansion throughout the forecast period (2025-2033). Key players like Vinci, ACS, Bouygues, and others are actively engaged, competing for market share across various sectors. While the specific market size for 2025 is not provided, a logical estimation considering a 7% CAGR from a prior year and industry trends would place it within a range reflecting substantial growth. Factors like fluctuating material prices, geopolitical instability (particularly affecting countries like Ukraine), and skilled labor shortages present potential restraints. However, the ongoing investment in infrastructure development, fueled by both public and private funding, is expected to mitigate these challenges. The market is segmented by sector, with significant growth projected across residential, commercial, and infrastructure segments. The infrastructure sector, specifically transportation and energy projects, is likely to be a primary driver due to EU funding and national priorities. Regional variations will exist, with countries like Romania and Hungary potentially leading in terms of growth, while others may experience slower growth due to differing economic conditions and political landscapes. The strong growth trajectory is underpinned by several factors. The European Union's investment in infrastructure modernization across Eastern Europe is a significant catalyst, driving significant projects in transportation, energy, and utilities. Furthermore, increasing tourism and foreign investment are boosting demand for commercial construction. The ongoing expansion of urban areas and rising disposable incomes are fueling the residential construction sector. While challenges remain, the overall outlook for the Eastern European construction market is positive, indicating attractive prospects for both established players and new entrants seeking long-term growth in a dynamic and evolving market. Continuous monitoring of geopolitical risks and economic fluctuations will be vital for success in this region. Notable trends are: Increase in Residential Building Permits in Romania:.

The number of hospitals in Eastern Europe was forecast to continuously decrease between 2024 and 2029 by in total 151 hospitals (-1.65 percent). After the eleventh consecutive decreasing year, the number of hospitals is estimated to reach 9,022 hospitals and therefore a new minimum in 2029. Depicted is the number of hospitals in the country or region at hand. As the OECD states, the rules according to which an institution can be registered as a hospital vary across countries.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of hospitals in countries like Russia and Central & Western Europe.

The number of hospital beds in Eastern Europe was forecast to continuously decrease between 2024 and 2029 by in total 39.9 thousand beds (-2.26 percent). After the fifteenth consecutive decreasing year, the number of hospital beds is estimated to reach 1.7 million beds and therefore a new minimum in 2029. Depicted is the estimated total number of hospital beds in the country or region at hand.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of hospital beds in countries like Northern Europe and Southern Europe.

Vietnam Exports: East Europe: Romania data was reported at 119.678 USD mn in 2017. This records an increase from the previous number of 97.209 USD mn for 2016. Vietnam Exports: East Europe: Romania data is updated yearly, averaging 7.500 USD mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 119.678 USD mn in 2017 and a record low of 0.300 USD mn in 1994. Vietnam Exports: East Europe: Romania data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA007: Exports: By Country: Value: Annual.

The number of internet users in Eastern Europe was forecast to increase between 2024 and 2029 by in total 12.9 million users (+5.97 percent). This overall increase does not happen continuously, notably not in 2028 and 2029. The number of users is estimated to amount to 228.9 million users in 2029. Notably, the number of internet users of was continuously increasing over the past years.Depicted is the estimated number of individuals in the country or region at hand, that use the internet. As the datasource clarifies, connection quality and usage frequency are distinct aspects, not taken into account here.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of internet users in countries like Southern Europe and Northern Europe.

Vietnam Imports: East Europe: Bulgaria data was reported at 71.350 USD mn in 2017. This records a decrease from the previous number of 171.027 USD mn for 2016. Vietnam Imports: East Europe: Bulgaria data is updated yearly, averaging 8.800 USD mn from Dec 1981 (Median) to 2017, with 33 observations. The data reached an all-time high of 171.027 USD mn in 2016 and a record low of 0.100 USD mn in 1994. Vietnam Imports: East Europe: Bulgaria data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA017: Imports: By Country: Value: Annual.

The average number of hospital beds available per 1,000 people in Eastern Europe was forecast to continuously decrease between 2024 and 2029 by in total 0.3 beds (-4.48 percent). After the fifteenth consecutive decreasing year, the number of available beds per 1,000 people is estimated to reach 6.41 beds and therefore a new minimum in 2029. Depicted is the number of hospital beds per capita in the country or region at hand. As defined by World Bank this includes inpatient beds in general, specialized, public and private hospitals as well as rehabilitation centers.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the average number of hospital beds available per 1,000 people in countries like Southern Europe and Northern Europe.

Vietnam Imports: East Europe: Slovakia Republic data was reported at 35.983 USD mn in 2017. This records an increase from the previous number of 32.313 USD mn for 2016. Vietnam Imports: East Europe: Slovakia Republic data is updated yearly, averaging 3.247 USD mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 35.983 USD mn in 2017 and a record low of 1.393 USD mn in 2003. Vietnam Imports: East Europe: Slovakia Republic data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA017: Imports: By Country: Value: Annual.

According to projections, North America will suffer highest economic losses due to digital advertising fraud in 2028. The region is expected to account for 42 percent of the 173 billion U.S. dollars ad fraud losses forecast for that year. The Far East and China will take the second-largest share, with 20 percent, followed by Western Europe with 17 percent and Central and Eastern Europe with seven.

Vietnam Exports: East Europe: Ukraine data was reported at 246.211 USD mn in 2017. This records an increase from the previous number of 188.513 USD mn for 2016. Vietnam Exports: East Europe: Ukraine data is updated yearly, averaging 51.897 USD mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 256.560 USD mn in 2008 and a record low of 4.300 USD mn in 1994. Vietnam Exports: East Europe: Ukraine data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA007: Exports: By Country: Value: Annual.

Snapshot img

Cleaning Services Market Size 2024-2028

The cleaning services market size is forecast to increase by USD 21.78 billion at a CAGR of 6.4% between 2023 and 2028.

The market is experiencing significant growth driven by increasing health consciousness in workplaces and a robust residential sector. With the heightened focus on maintaining clean and hygienic environments to prevent the spread of diseases, the demand for professional cleaning services is on the rise. Moreover, the residential sector's expansion, particularly in urban areas, is fueling the market's growth as more people seek convenient and reliable cleaning solutions. However, the market faces challenges, including the scarcity of skilled labor, which could impact service quality and efficiency. Companies seeking to capitalize on market opportunities must invest in training programs and technology to address the labor shortage. Additionally, offering value-added services, such as disinfection and specialized cleaning, can help differentiate offerings and cater to evolving customer needs. Navigating these challenges and leveraging market trends requires strategic planning and a customer-centric approach.

What will be the Size of the Cleaning Services Market during the forecast period?

Request Free SampleThe market encompasses various sectors, including workplace sustainability and hygiene, window washing, healthcare facilities, and residential customers. Workplace sustainability is a growing concern for business entities, leading to an increased focus on employee wellness and safety protocols in office buildings. The economic upturn has boosted the demand for commercial cleaning services from real estate investment firms and retail stores. High competition prevails in the market, with companies offering services such as vacuuming, floor cleaning, and furniture cleaning to cater to diverse customer needs. Working parents and dual-income households prioritize convenience, driving the growth of residential cleaning services. Safety protocols are essential in healthcare facilities, making professional cleaning services indispensable. Additionally, services like air duct cleaning and carpet cleaning cater to specific customer requirements. Building workers and commercial customers seek reliable and efficient cleaning solutions to maintain their operations. Water damage restoration is another segment that experiences significant demand due to unforeseen circumstances. The trend towards sustainability influences the market, with companies focusing on eco-friendly cleaning methods and practices. In summary, the market is dynamic, with various sectors, customer segments, and trends shaping its evolution. Businesses and individuals prioritize cleanliness, safety, and convenience, driving the demand for professional cleaning services.

How is this Cleaning Services Industry segmented?

The cleaning services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userCommercialResidentialGeographyNorth AmericaUSCanadaEuropeGermanyItalyMiddle East and AfricaAPACChinaSouth AmericaRest of World (ROW)

By End-user Insights

The commercial segment is estimated to witness significant growth during the forecast period.The Metal Additive Manufacturing Market is witnessing significant growth, particularly in the commercial segment. This expansion is driven by the increasing demand for cleaning services from commercial office buildings, medical institutions, and other establishments. Hospitality sector entities, such as hotels and resorts, are major contributors to this segment, prioritizing brand awareness and public hygiene. Food service establishments, including restaurants, cafes, bars, and pubs, also require frequent cleaning to maintain health regulations and customer satisfaction. Hospitals and healthcare centers hold substantial importance due to government-mandated cleanliness standards. With many patients undergoing long-term treatment, the need for regular cleaning is crucial. The residential segment also contributes significantly, with dual-income households and aging populations prioritizing workplace sustainability and workplace hygiene. The labor shortage has led to the adoption of advanced cleaning technologies, such as autonomous sweepers and disinfection techniques. Additionally, the growing population and rapid urbanization have increased the demand for eco-friendly products and services. The availability of these products caters to the sustainability concerns of both residential and commercial customers. In the commercial segment, cleaning priorities include floor cleaning, carpet cleaning, and air duct cleaning. Factories and industries focus on maintaining safety protocols and ensuring the skilled lab

Thailand Number of Arrivals: Europe: East Europe data was reported at 55,927.000 Person in Jun 2017. This records a decrease from the previous number of 192,590.000 Person for Mar 2017. Thailand Number of Arrivals: Europe: East Europe data is updated quarterly, averaging 42,446.000 Person from Mar 2005 (Median) to Jun 2017, with 50 observations. The data reached an all-time high of 192,590.000 Person in Mar 2017 and a record low of 8,878.000 Person in Jun 2005. Thailand Number of Arrivals: Europe: East Europe data remains active status in CEIC and is reported by TAT Inteligence Center. The data is categorized under Global Database’s Thailand – Table TH.Q014: Tourism Statistics: from International Tourist Arrivals.