The turnover in the Services to Buildings and Landscape Activities sector in Sweden has exhibited a steady growth trend from 2013 to 2023, with a notable increase in value from 43.15 billion SEK in 2013 to 73.41 billion SEK in 2023.
The year-on-year variation has generally seen positive growth, peaking in 2016 with a 14.03% increase. Over the last two years, the year-on-year growth rate has slightly slowed to 2.8% in 2023, indicative of a stabilizing market. The five-year CAGR leading up to 2023 stands at 3.62%, reflecting consistent growth in the sector.
Forecasts for 2024 to 2028 suggest a continued increase in turnover, although at a slower rate compared to previous years. The projected five-year CAGR from 2024 to 2028 is 1.97%, with an overall growth rate of 10.25% over this period.
Future trends to watch for include potential technological advancements in eco-friendly and sustainable building services, an increasing emphasis on automation and digitalization in landscape activities, and evolving regulatory standards that could impact market dynamics.
