The output of environmental services in professional, scientific, and technical services in Denmark demonstrated significant growth from 2013 to 2023. From an initial value of 1.55 billion euros in 2013, it increased to 2.72 billion euros by 2023. Key points over the decade included a peak growth of 48.99% in 2015. However, there were periods of minor decline, such as -9.9% in 2017 and -3.38% in 2018. Recently, year-on-year growth showed stability with 3.19% in 2023.
Considering the forecast data, the output is expected to reach 3.12 billion euros by 2028, indicating a forecasted 5-year CAGR of 2.16% and an 11.25% overall growth rate. The average annual variation over the last five years, as of 2023, stood at 3.86%, showing a stronger recent performance compared to earlier years.
Future Trends to Watch for:
- Continued investment in sustainable technologies and practices, driving the growth of environmental services.
- Policy changes related to environmental regulations within the EU, which may spur higher demand for these services.
- Increasing corporate focus on ESG (Environmental, Social, Governance) factors, further boosting sector demand.