Forecast: Turnover in Services to Buildings and Landscape Activities Sector in Germany

The turnover in the Services to Buildings and Landscape Activities Sector in Germany has seen significant growth from 2013 to 2023. In 2013, the sector generated 31.67 billion Euros, growing to 66.09 billion Euros in 2023. Over this period, the sector experienced notable yearly variations, with a peak year-on-year growth of 25.26% in 2018, but also faced a minor decline of -1.15% in 2020. The sector ended 2023 with a year-on-year growth of 4.4% and a compounded annual growth rate (CAGR) of 3.46% over the past five years.

Future trends to watch for:

  • The projected CAGR for the next five years (2024-2028) is 2.94%, indicating a moderate pace of growth.
  • Technological advancements in building services and environmental sustainability practices may drive future growth.
  • Labor market conditions and regulatory changes could impact the sector's dynamics over the coming years.

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