Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Industry revenue of »retail sale of hardware, paints and glass« in Bulgaria 2011-2023

Over the years, glass production has witnessed robust growth in Bulgaria, owing to the advanced manufacturing facilities and favourable investments within the sector. In fact, in mid-2019, the largest flat glass producing plant in Europe and one of the largest in the world, was opened in the country, with a production capacity of 725 tonnes a day. Additionally, construction activities such as glazing, plastering, painting, and floor and wall tiling have also witnessed a rise. This has augured well for the country’s hardware, paints and glass market, with revenues projected to rise from 457 million U.S. dollars in 2011 to 763 million U.S. dollars by 2023.

However, the industry is expected to face challenging times in the short to medium term, as the outbreak of the corona virus has crippled the economy. As per the latest forecasts, the economy is expected to shrink by four percent in 2020. The construction sector is amongst the worst impacted and has incurred losses of nearly 56 million U.S. dollars since March, after a state of emergency was declared.

Industry revenue of »retail sale of hardware, paints and glass« in Bulgaria from 2011 to 2023

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Bulgaria. The industry “retail sale of hardware, paints and glass in specialised stores“ has the code “G4752“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Bulgaria"

Further Content: You might find this interesting as well

Statistics

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.