The landscape care and maintenance service activities sector in Spain experienced a steady growth in turnover from 2013 to 2023, rising from 1.16 billion euros to 1.89 billion euros. The growth momentum varied, with notable increases in 2015 (18.72%) and subsequent moderate growth. The year 2020 saw a slight dip (-0.52%) likely due to the pandemic impact, before returning to consistent growth but at a slower pace. The YoY variation for 2022 was 0.52%.The Compound Annual Growth Rate (CAGR) in the last five years (2018-2023) stands at 2.02%, indicating moderate growth. Forecasts from 2024 show stability with a forecasted 5-year CAGR of 0.16%, translating into a very slight average annual increase of 0.79% till 2028.
Future trends to watch for include potential impacts of economic fluctuations, climate change on demand for landscaping services, and technological advancements in maintenance techniques which could drive efficiency but may also alter the competitive landscape.
