Analysis of the "Services to Buildings and Landscape Activities" sector employment in Belgium highlights significant trends. From 2013 to 2023, employment increased from 63.7 to 101.7 thousand FTEs, with notable year-on-year variations, revealing periods of rapid growth and recovery from declines facilitated by economic fluctuations, evidenced by a significant drop in 2020 followed by a rebound in 2021. A compound annual growth rate (CAGR) for five years leading up to 2023 stands at 3.81%, indicating steady but moderate growth during the recent past.
Forecast data from 2024 to 2028 suggests continued growth, with employment expected to reach 123.4 thousand FTEs in 2028. This growth trajectory seems more stabilized with a forecast 5-year CAGR of 3.06% and a 5-year growth rate of 16.28%, reflecting a relatively healthy expansion of the sector.
Future trends to watch for include the impact of technological advancements on job roles within the sector, evolving environmental regulations influencing landscape activities, and potential economic impacts from global events on this labor market. Additionally, workforce skill enhancement and sustainability practices could play critical roles in shaping employment trends.
