The turnover of cleaning services in Austria has shown a remarkable upward trend from 2013 to 2023, growing from €2.34 billion in 2013 to €3.89 billion in 2023. The average compound annual growth rate (CAGR) over the last five years was 2.37%, indicating steady growth. Despite some fluctuations, particularly a notable dip in 2020, the market has generally rebounded well. The high year-on-year growth of 19.81% in 2018 stands out as an exceptional year, while the subsequent period saw more modest yet consistent increases.
Looking ahead, the market is forecasted to continue this growth trajectory, reaching €4.52 billion by 2028. The forecasted CAGR over the next five years is 2.36%, consistent with recent historical trends. This signifies a stable market with incremental growth, suggesting that the cleaning services sector will maintain its importance in the Austrian economy.
Future trends to watch for include the impact of technological advancements such as automation and artificial intelligence on efficiency, as well as increasing demand for sustainable and eco-friendly cleaning solutions. Monitoring shifts in corporate and residential cleaning needs, influenced by remote working trends and health consciousness post-pandemic, will also be essential.