The Sewerage, Waste Collection, and Management Services output in the US has shown a consistent upward trajectory from 2013 to 2023, increasing from $85.03 billion to $134.24 billion. The year-on-year variations have mostly been positive, with notable growth spurts such as 2017 (7.12%) and 2021 (11.48%). The Compound Annual Growth Rate (CAGR) over these five years from 2018 to 2023 stands at 4.28%. Year 2023 saw a year-on-year growth of 3.24%, indicating a robust sector albeit with some annual fluctuations.
Future trends indicate a continued increase in this sector, with a forecasted CAGR of 2.25% over the next five years, reaching $154.68 billion by 2028. This suggests a stable but slightly decelerated growth rate compared to the previous years. Factors that could affect these trends include regulatory changes, technological advancements in waste management, and rising environmental awareness.
