Forecast: Employment in Services to Buildings and Landscape Activities Sector in Denmark

The employment in the Services to Buildings and Landscape Activities sector in Denmark has shown a steady increase from 2013 to 2023, starting at 29.42 thousand FTEs and reaching 38.9 thousand FTEs in 2023. This market exhibited fluctuations, with a notable peak in 2018 at an 8.61% Year-over-Year (YoY) increase, followed by a slight decline in 2019 and a modest recovery thereafter. The Compound Annual Growth Rate (CAGR) from 2018-2023 stood at 1.04%. The anticipated growth period from 2024 to 2028 is forecasted to be stable with a CAGR of 1.23%, reaching up to 42.02 thousand FTEs. This suggests continued albeit gradual growth over the next five years.

Future trends to watch for include:

  • Continual technological advancements in service delivery.
  • Increased emphasis on eco-friendly landscaping and building maintenance solutions.
  • Potential regulatory changes affecting labor markets and employment conditions.
  • Shifts in consumer preferences towards more sustainable and automated services.

Top Countries about Home Improvement