In 2023, the UK employment in the Services to Buildings and Landscape Activities sector was at 594.2 thousand FTE. The forecast indicates a positive growth trend from 2024 onwards, reaching 638.7 thousand FTE by 2028. The year-on-year growth averages between 1.5% to 1.7%. Over the five-year period, the compound annual growth rate (CAGR) is approximately 1.5%, showcasing steady development.
Future trends to watch include:
- Technological advancements, such as automation, potentially shifting employment needs within the sector.
- Environmental regulations, which might influence the demand for sustainable landscaping and building services.
- Economic fluctuations impacting disposable income which could affect sector growth and service demand.