Forecast: Production in Landscape Care and Maintenance Service Activities Sector in Austria

The landscape care and maintenance services sector in Austria exhibited consistent annual growth from 2013 to 2023. In 2023, the sector's production value reached 706.5 million Euros. Over the last two years (2022-2023), the sector saw year-on-year variations of 4.72% and 4.5%, respectively. The most recent five-year CAGR leading up to 2023 stands at 5.21%, indicating sustained sector growth. Historical analysis reveals shifts in year-on-year percentages, with notable spikes in 2018 (10.46%) and 2016 (7.51%), highlighting periods of significant sectoral expansion.

Looking forward to the forecasted period from 2024 to 2028, the sector is expected to continue growing, albeit at a marginally slower pace. The CAGR for this period is projected at 3.05%, with an overall forecasted growth rate of 16.21%. By 2028, production is estimated to hit 856.2 million Euros.

Future trends to watch for include:

  • Increased demand for sustainability practices in landscaping services
  • Technological advancements in landscape care tools and machinery
  • Potential regulatory changes impacting operational practices
  • Shifts in consumer preferences towards eco-friendly and low-maintenance landscaping

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