The production value of cleaning services in Belgium has shown a consistent growth trend from 2013 to 2023, reaching 5.24 billion Euros in 2023. The year-on-year variations indicate a steady increase, with notable dips like in 2020 due to external factors. Despite such anomalies, the Compound Annual Growth Rate (CAGR) over the last five years was 2.87%, highlighting a relatively stable market.
Looking at the forecasted data from 2024 to 2028, the production value is expected to continue growing, with a CAGR of 2.36% over the next five years, projecting a 5-year growth rate of 12.37%. This sustained growth reflects a robust demand in the cleaning services market.
Future trends to watch for include technological advancements in cleaning equipment and eco-friendly cleaning solutions, which may influence market dynamics. Additionally, post-pandemic hygiene awareness and regulatory changes could drive further growth and innovation in the sector.
