The production in the landscape care and maintenance service activities sector in Germany stood at 16.14 billion Euros in 2023, reflecting a 5.7% year-on-year increase from 2022. The sector has shown consistent growth over the past decade, with varying year-on-year increases ranging from 1.77% to 12.94%. The compound annual growth rate (CAGR) over the last five years stands at 6.15%, indicating stable long-term growth. From 2024 onwards, the forecast predicts a slower but steady growth with a five-year CAGR of 3.66%, leading up to 20.35 billion Euros by 2028.
Future trends to watch for include:
- Impact of technological advancements on operational efficiency.
- Sustainability and eco-friendly practices gaining traction.
- Potential effects of regulatory changes and economic conditions on growth rate.