The industry’s predicted growth for this year is, however, slow in comparison to other countries, including India, seen up 7.9 per cent, the U.S. expected to increase 6.3 per cent and China, estimated to grow 5.7 per cent.
The sector’s revenues are expected to rise by 4.4 per cent to 224.3 billion euros ($245.09 billion), compared to a 2.0 per cent increase last year. (Image credit: Reuters)