The municipal waste composting volume in the UK has been experiencing steady growth. As of 2023, the volume stood at 5.78 million metric tons. Over the past decade, the market has seen fluctuations but maintained a generally upward trend. Notably, the growth from 2021 to 2023 showed consistent positive year-on-year increases, with 1.92%, 1.85%, and 1.78%, respectively. The compound annual growth rate (CAGR) for the last five years till 2023 was 2.17%.
Looking forward, the forecasted data from 2024 to 2028 suggests a continuation of this growth, albeit at a moderate average CAGR of 1.25%. By 2028, the volume is projected to reach 6.26 million metric tons, representing a 6.4% increase from 2023 levels.
Future trends to watch for:
- Technological advancements in composting processes to increase efficiency and capacity.
- Policy changes and government incentives promoting sustainability and waste reduction.
- Increased public awareness and participation in composting initiatives.
- Potential market disruptions from environmental regulations or shifts in waste management strategies.
