Based on the provided data, the turnover of cleaning services in Italy has experienced a steady increase from 2013 to 2023, with the value reaching 15.13 billion Euros in 2023. There was a notable dip in 2020 attributed to the market disruptions caused by the COVID-19 pandemic, which resulted in a -6.09% year-on-year decrease. However, the sector showed resilience with incremental annual growth, marked by a 0.92% year-on-year increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at 1%, indicating consistent, albeit modest, growth.
Looking ahead, the forecast data suggests a continued upward trajectory in turnover, reaching 15.79 billion Euros by 2028, with a forecasted 5-year CAGR of 0.68%. The total forecasted growth rate over the next five years is projected at 3.46%.
Future trends to watch for include technological advancements in cleaning methods and increased demand for eco-friendly services. Market players should also be attentive to regulatory changes and shifting client preferences toward sustainability and hygiene standards driven by heightened health awareness post-pandemic.
