Forecast: Turnover of Cleaning Services in Norway

The turnover of cleaning services in Norway has experienced fluctuations from 2013 to 2023, with some years showing declines, particularly in 2020 due to a significant drop of -12.27%, likely influenced by the global pandemic. However, recovery was notable with a year-on-year growth of 7.48% in 2021 and 4.3% in 2022. In 2023, it stood at 2.05 Billion Euros, marking a 2.81% increase from the previous year. The Compound Annual Growth Rate (CAGR) over the last five years is relatively modest at 0.57%, indicating a slow but steady recovery.

Future trends to watch include:

  • Adoption of automated and green cleaning technologies that could drive efficiency and cost-effectiveness.
  • Potential market consolidation as companies seek economies of scale.
  • Impacts of economic fluctuations and regulatory changes on service costs and demand.

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