The production in waste collection by size class in Finland has experienced significant fluctuations over the years. In 2023, the value stood at 140.7 million Euros, marking a 15.8% year-on-year increase. The last five years showed an average annual growth rate (CAGR) of 8.89%, indicating steady growth after considerable variability in previous years. Notable past trends include significant increases in 2018 and 2019 (76.73% and 27.97%, respectively), followed by a sharp drop in 2020 (-43.11%). However, recovery was evident in 2021 and 2022 with growth rates of 46.94% and 23.6%, respectively.
Future trends to watch for include a projected slowing growth rate, with a forecasted five-year CAGR of 3.75%. By 2028, the production in this sector is expected to rise to 178.3 million Euros, reflecting a 20.23% anticipated growth over five years. Monitoring regulatory changes, advancements in waste management technology, and shifts in societal behaviors toward waste recycling and collection will be crucial for future trend analysis.
