The landscape care and maintenance services sector in Brazil is projected to see a steady wage increase from 2024 to 2028, with wages rising from BRL 744.3 million in 2024 to BRL 845.7 million in 2028. Compared to actual data up to 2023, this marks an upward trend with a year-on-year growth rate of approximately 3.5% from 2024 onward and a Compound Annual Growth Rate (CAGR) of 3.25% over five years.
Future trends to watch for:
- Inflationary pressures impacting labor costs.
- Technological advancements potentially reducing labor demand.
- Regulatory policies influencing wage growth.
