The waste management sector in Germany has shown a steady upward trend in output expenditure from 2014 to 2023. Starting at 24.23 billion Euros in 2014, the sector grew to 35.09 billion Euros by 2023, reflecting a consistent year-on-year growth.
Notable annual variations include:- 2015: 1.34%- 2016: 7.1%- 2017: 3.91%- 2018: 9.31%- 2019: 7.23%- 2020: -1%- 2021: 4.37%- 2022: 3.1%- 2023: 2.85% (standing at 35.09 billion Euros)
Over the last five years leading to 2023, the sector experienced an average annual growth rate (CAGR) of 3.28%. From 2024 onwards, the forecasted CAGR is modest at 1.74%, suggesting a gradual but continuous rise.
Future trends to watch for include advancements in recycling technologies, stricter environmental regulations, and increased public awareness of waste management practices, all likely contributing to sustained growth in expenditure and innovation in the sector.
