Forecast: Output of Environmental Services in Manufacturing by Expenditure Category in Finland

Between 2013 and 2023, Finland's output of environmental services in manufacturing fluctuated, showcasing periods of growth and slight declines. The most significant increase occurred in 2014 with a 20.14% rise, while the highest recent growth was in 2021 at 8.88%. A general upward trend is observed, with the output standing at €13.55 billion in 2023. The last five years show a compound annual growth rate (CAGR) of 3.59%, indicating a steady growth trajectory. Moving forward, projections indicate the growth will continue at an average CAGR of 2.07% from 2024 to 2028, reaching €15.44 billion by 2028.

Future trends to watch for:

  • Advancements in green technology and innovation driving higher efficiency and output.
  • Government policies and regulations encouraging sustainable practices.
  • Increased global demand for environmentally friendly manufacturing processes.

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