The waste collection turnover in Spain showed a consistent increase from 2013 to 2023, starting at 4.1 billion euros in 2013 and reaching 6.11 billion euros in 2023. The year-on-year growth was positive for most years, except for a slight dip in 2016. The compound annual growth rate (CAGR) over the past five years (2018-2023) was 5.59%, indicating steady growth in the industry. Specifically, the waste collection turnover increased by 15.83% over the forecasted five-year period from 2023 to 2028, with an estimated five-year CAGR of 2.98%.
Future trends to watch for:
- Technological advancements in waste management systems
- Regulatory changes and increased focus on sustainability practices
- Growth in recycling and waste-to-energy conversion sectors
- Impact of urbanization and population growth on waste generation
