The waste collection turnover in Sweden stood at 1.79 billion Euros in 2023. Reviewing the historical data from 2013 to 2023, the industry exhibited fluctuating growth patterns with a peak in 2015 at 1.98 billion Euros followed by a notable dip in 2018 and 2019. The year-on-year variation for the past two years (2022-2023) demonstrated moderate growth at 1.3% and 1.14% respectively. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 2.59%, suggesting recovery and stabilization.
Looking forward, projected data from 2024 to 2028 forecasts a modest growth rate, with a 5-year CAGR of 0.6% and an overall growth rate of 3.06% over the period. This indicates a sustained but slow recovery trend for the waste collection sector.
Future trends to watch for include advancements in recycling technologies, increased regulations on waste management, and the impact of circular economy initiatives. These factors could stimulate more substantial growth or add volatility depending on policy changes and technological adoption.
