In 2023, the wage and salary value of cleaning services in France stood at 9.45 billion Euros. Over the last decade, this sector has experienced a gradual upward trend, though it has faced some fluctuations. The year-on-year variation has ranged from as low as -1.7% in 2020 to a high of 11.75% in 2017. The Compound Annual Growth Rate (CAGR) over the recent five years is 2.68%, indicating steady, moderate growth.
Looking at the forecasted data, the growth is expected to continue but at a slightly slower pace with a five-year CAGR of 1.89% leading up to 2028. The sector is predicted to reach 10.65 billion Euros by 2028, marking a 9.83% overall growth from 2023 figures.
Future trends to watch for include:
- Possible impacts of inflation and labor market changes on wage growth.
- Technological advancements and their influence on operational efficiency and labor costs.
- Policy changes regarding minimum wage and labor laws.
- Increased demand for specialized cleaning services driven by evolving sanitation standards.