In Switzerland, the output of environmental services in manufacturing is forecasted to grow steadily over the coming years. For 2024, the output is projected to be 9.34 billion euros, increasing to 10.19 billion euros by 2028. This progression indicates an approximate annual growth rate of about 2.17%. Notably, the data points from 2023 stand at 9.12 billion euros, reflecting a year-on-year growth of around 2.41% and 2.35% respectively over the last two years.
Future trends to watch for:
- Increased regulatory pressures and environmental standards driving the demand for sustainable manufacturing solutions.
- Technological advancements in green manufacturing processes potentially accelerating output growth.
- Potential fluctuations in energy prices impacting the cost-efficiency of environmental services.
- Shifts in global trade policies influencing Switzerland's export-driven manufacturing sector.