As of 2023, the UK's production in the collection of non-hazardous waste stood at £10.30 billion. Forecasts predict steady growth in this sector, with values increasing annually from £10.51 billion in 2024 to £11.38 billion by 2028. This represents a compound annual growth rate (CAGR) over five years of approximately 2.5%.
Future trends to watch include:
- Technological advancements in waste management systems increasing efficiency and reducing costs.
- Government regulations pushing for higher recycling rates and sustainable practices.
- Public awareness and demand for environmental sustainability driving industry changes.