In 2023, the turnover for the treatment and disposal of hazardous waste in France stood at an estimated 640 million Euros. From 2024, forecasted figures indicate a consistent decline: 552.4 million Euros in 2024, 469.1 million Euros in 2025, 387.4 million Euros in 2026, 307.4 million Euros in 2027, and 229 million Euros in 2028. This represents annual year-on-year decreases of approximately 15% from 2024 to 2025, 17% from 2025 to 2026, 21% from 2026 to 2027, and 25% from 2027 to 2028. The compounded annual growth rate (CAGR) over this period is markedly negative, indicating significant contractions.
Future trends to watch include:
- Implementation of stricter environmental regulations that may further reduce the demand for hazardous waste treatment services.
- Advancements in waste treatment technology that could mitigate the decline in turnover.
- Increased public and corporate commitment to sustainability, possibly leading to decreased production of hazardous wastes.
- Potential government incentives or subsidies aimed at boosting the industry.