The value added in Japan’s waste collection, treatment, and disposal activities, and materials recovery sector is forecasted to decline from 2024 to 2028, with values decreasing each year. Compared to a baseline year of 2023 where actual figures set the context, the value trends present a conservative outlook, reflecting a consistent contraction in economic contribution over the projected years.
Year-on-year variations:
- 2024-2025: -1.54%
- 2025-2026: -1.53%
- 2026-2027: -1.53%
- 2027-2028: -1.52%
CAGR from 2024 to 2028 indicates an average annual decline of approximately 1.53%.
Future trends to watch for include technological advancements in waste management, government regulatory changes, and shifting consumer behaviors towards sustainability, all of which might influence the sector’s trajectory positively, despite current declines.