From 2013 to 2023, the waste collection, treatment, and disposal activities, including materials recovery turnover in Belgium, saw significant fluctuations. 2013 experienced minor growth, but from 2014 to 2015, there was a notable decline of over 14%. A recovery period from 2016 to 2017 led to a sharp increase, followed by another major downturn in 2018. The subsequent years displayed mild variations with recovery starting in 2020. By 2023, the turnover stood at approximately 4.99 billion euros, showing minimal variation with a 0.028% increase from the previous year. The five-year CAGR leading up to 2023 indicated an average annual growth of about 1.08%.
Looking ahead, the sector is forecasted to stabilize from 2024 to 2028, maintaining a turnover of around 4.99 billion euros with almost negligible year-on-year changes. The predicted five-year average growth rate is expected to nearly flatline at 0.02%.
Future trends to watch for include advancements in recycling technologies, increased regulatory pressures for sustainable waste management practices, as well as potential shifts in municipal policies or funding that could impact overall sector growth.
