The wages and salaries in the cleaning services sector in Germany have shown significant fluctuations over the past decade. Starting at €8.88 billion in 2013, the value reached €15.86 billion in 2023. This series has experienced both highs and lows, with a notable peak in 2018 at €14.81 billion and a dip in 2020 to €13.49 billion, largely influenced by economic conditions. The Compound Annual Growth Rate (CAGR) for the past five years stands at 1.38%.
Future trends to watch for:
• Continued gradual growth is expected, with forecasted values reaching €18.77 billion by 2028.
• The forecasted five-year CAGR is 2.67%, suggesting a moderate and steady increase.
• Market dynamics, regulations, and economic conditions will play crucial roles in shaping these trends.
