The data on household waste generated in Australia from 2013 to 2028 shows a clear downward trend. In 2023, the value stood at 11.72 million metric tons, reflecting a steady decline over the previous years from a high of 13.27 million metric tons in 2015. The year-on-year variation over the past two years indicates a consistent reduction of approximately 0.5%, with a Compound Annual Growth Rate (CAGR) over the last five years being -0.49%. This trend is expected to continue, with the CAGR forecasted at -0.41% from 2024 to 2028.
Future trends to watch for:
- Increased focus on waste reduction policies and recycling initiatives.
- Technological advancements in waste management.
- Changes in consumption patterns and their impact on waste generation.
- Legislative changes at local and national levels affecting waste management practices.