The turnover in the Landscape Care and Maintenance Service Activities sector in Sweden has demonstrated consistent growth from 2013 to 2023, standing at 8.87 billion Swedish Kronas in 2023. Actual year-on-year variations from 2022 to 2023 showed a 4.55% increase. Over the last five years, the sector had an average compound annual growth rate (CAGR) of 5.35%. Notable periodic spikes include an 18.14% increase in 2018 and a 9.07% increase in 2019, highlighting significant growth spurts during those years.
Looking ahead into the forecast data from 2024 to 2028, the sector is expected to continue growing, albeit at a slower pace, with a projected CAGR of 3.01% and a total growth rate of 15.96% over the five-year period. By 2028, the turnover is expected to reach 10.72 billion Swedish Kronas.
Future trends to watch for:
- Potential innovations in landscaping technology and eco-friendly practices
- The impact of urbanization and infrastructure developments
- Shifts in consumer preferences towards sustainable and low-maintenance landscapes
- Policy changes related to environmental conservation and their influence on the sector
