The Services to Buildings and Landscape Activities sector in France has demonstrated consistent growth over the past decade. The production value in this sector reached €27.85 billion in 2023, marking a slight increase of 2.89% from the previous year. Analyzing the longer trends, the sector witnessed fluctuations with a compound annual growth rate (CAGR) of 3.05% over the last five years. Significant growth was noted in 2019 with an 8.12% rise; however, 2020 saw a brief decline of 2.42% likely due to the pandemic impact.
Future forecasts predict continued growth, albeit at a slightly reduced average annual rate with a forecasted 5-year CAGR of 2.02%, reaching €31.64 billion by 2028. This forecast indicates a cumulative growth rate of 10.54% over the forecast period. Factors to watch include potential policy changes in environmental regulations, technological advancements in building maintenance and landscaping, and economic fluctuations that could impact demand in this sector.
