Within the 2019-2024 timeframe, our forecast models predict growth from 0.5% p.a. in a low scenario to 3.6% p.a. in a high scenario. Accordingly, the industry in Switzerland is expected to achieve revenues of between $414m to $482m by 2024.
The commercial industrial gas market in Switzerland is estimated to have generated revenues of $405m in 2019. This is up from $307m in 2009, indicating an average annual growth rate of 3.8% for the decade.
Between 2009 and 2019 GDP grew by an average of 1.4% p.a. when adjusted for inflation. The economy did fall into recession during the worst year of the financial crisis, before recovering quickly in the following year.
Report Data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential