The output of the Sewerage, Waste Management, and Remediation Activities sector in Belgium has experienced fluctuations over the past decade. Between 2013 and 2023, the sector has generally trended upwards, reaching €11.12 billion in 2023. Significant year-on-year variations include a sharp increase of 20.77% in 2021 and a steady rise to 2023, indicating resilience and growth. The sector saw an average annual growth rate (CAGR) of 4.79% over the past five years.
Future trends to watch for include:
• Increased focus on sustainability and green technologies.• Legislative changes impacting waste management practices.• Technological advancements in remediation activities.• Potential economic and environmental pressures affecting sector growth.• Continued growth projected at a forecasted CAGR of 1.96% up to 2028.
