The employment data for the Landscape Care and Maintenance Service Activities Sector in Germany shows a clear upward trend from 2013 to 2023 with a few fluctuations. Employment, measured in thousands of full-time equivalents, grew significantly from 104.6 in 2013 to 165.44 in 2023.
Annual growth rates varied, with some notable peaks and dips. The year-on-year growth rate fluctuated, peaking in 2016 at 11.13% and experiencing a downturn in 2020 with a decrease of 11.33%, likely influenced by external factors such as the COVID-19 pandemic.
From 2018 to 2023, the sector displayed resilience, with a steady CAGR of 2.15%. The forecast suggests this period of recovery and growth will continue at an average rate of 2.38% per year from 2024 to 2028, projecting an overall growth rate of 12.49% over these five years.
Future trends to watch for include:
- Potential impact of technological advancements in landscaping equipment and techniques.
- The influence of environmental policies and sustainability practices on the sector.
- Labour market dynamics, including workforce availability and skill levels.
- Economic conditions and consumer spending patterns on landscaping services.