The European Cleaning Services Turnover Index reveals significant variance among countries. Hungary, Montenegro, and Romania lead with scores of 33.07, 29.26, and 28.2, respectively, showcasing strong growth potential. Malta, Lithuania, and Cyprus follow, indicating moderate growth. In contrast, larger economies like Germany, Italy, and Greece show lower values, hinting at market maturity or saturation. Year-on-year growth in 2022 was particularly robust in Hungary, Montenegro, and Romania with respective increases of 17.41%, 17.36%, and 17.11%, while countries like Italy and Portugal experienced minimal growth.
Future trends to watch:
- Potential for consolidation and acquisitions in leading growth markets.
- Increased demand for sustainable and eco-friendly cleaning solutions.
- Technological integration and innovation enhancing service efficiency.
- Impact of economic fluctuations on operational costs and pricing strategies.
Top countries in Cleaning Services Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 330.7 | 2022 | +22.94% | +17.41% | View data |
| 2 | 2 Montenegro | 292.6 | 2022 | -20.77% | +17.36% | View data |
| 3 | 3 Romania | 282 | 2022 | +30.5% | +17.11% | View data |
| 4 | 4 Malta | 197.7 | 2022 | +14.81% | +4.99% | View data |
| 5 | 5 Lithuania | 196.7 | 2022 | +17.08% | +8.74% | View data |
| 6 | 6 Cyprus | 187.2 | 2022 | +12.23% | +9.1% | View data |
| 7 | 7 Latvia | 175.1 | 2022 | +24.01% | +6.25% | View data |
| 8 | 8 Serbia | 171.3 | 2021 | -5.52% | +2.61% | View data |
| 9 | 9 Belgium | 163.7 | 2022 | +11.51% | +7.49% | View data |
| 10 | 10 Bosnia and Herzegovina | 159.4 | 2022 | +21.49% | +8.54% | View data |
