The turnover in the Landscape Care and Maintenance Service Activities sector in Turkey demonstrated fluctuating growth from 2013 to 2023. The sector experienced significant growth up to 2017, peaking at 42.71% year-on-year growth before a dip in 2019. Recovery began in 2020 with moderate year-on-year growth stabilizing around 7.34% in 2023, when the sector turnover stood at 8.69 billion New Turkish Liras. Over the last five years, the calculated CAGR up to 2023 was 5.84%, indicating steady growth.
Future trends to watch for include the anticipated moderate growth with a forecasted 5-year CAGR of 4.52%. By 2028, the sector is projected to grow by 24.73% from 2023 levels, suggesting stable expansion driven by urbanization, increased environmental awareness, and investments in green infrastructure. Potential economic fluctuations and regulatory changes should also be monitored as they could impact this forecast.
