Between 2013 and 2023, the waste collection, treatment, and disposal activities, along with materials recovery output in Mexico saw a progressive increase from 15.23 billion to 30.49 billion Mexican Pesos. Key trends include significant year-on-year variations such as a -5.62% decline in 2022 followed by a 9.67% increase in 2023. The 5-year compound annual growth rate (CAGR) from 2018 to 2023 stands at 6.38%, indicating robust growth.
Forecasts from 2024 to 2028 predict further growth, with the value expected to reach 38.45 billion Pesos by 2028. The forecasted 5-year CAGR is pegged at 3.67%, suggesting steady, albeit slower, expansion compared to the previous period.
Future trends to watch for include advancements in recycling technologies, stricter regulatory frameworks, and increased private sector investment in waste management infrastructure. Additionally, heightened environmental awareness is likely to drive more sustainable waste management practices.
