The production in the Landscape Care and Maintenance Service Activities Sector in Finland has seen notable growth over the past decade, reaching 352.0 million Euros in 2023. From 2013 to 2023, the sector experienced fluctuations but generally trended upward. Notably, there was a significant spike in 2020 with a 24.17% year-on-year increase, followed by a stabilization in the following years. The sector continued to show positive momentum in 2022 and 2023, with modest year-on-year increases of 4.42% and 4.23%, respectively. The compound annual growth rate (CAGR) over the past five years stands at 6.21%, indicating solid and sustained growth.
Looking ahead, the forecasted data shows continued growth in the sector, reaching 422.2 million Euros by 2028. The forecasted five-year CAGR is 2.89%, reflecting a more tempered growth rate compared to previous years. The overall forecasted five-year growth rate is 15.29%.
Future trends to watch for include advancements in sustainable landscaping practices, increased demand for green spaces due to urbanization, and technological innovations in landscape care. Monitoring these trends will be crucial for understanding the sector's potential and addressing emerging challenges.
