In 2023, the production value in the collection of hazardous waste sector in Norway stood at 1.18 Billion Norwegian Krones. From 2024 onwards, forecasted values show a steady increase, reaching 1.31 Billion NOK by 2028. Year-on-year, the sector is expected to grow by approximately 2.48% from 2024 to 2025, 1.61% from 2025 to 2026, 2.39% from 2026 to 2027, and 1.55% from 2027 to 2028. The Compounded Annual Growth Rate (CAGR) over the next five years is projected to be approximately 2.14%.
Future trends to watch for include advancements in hazardous waste treatment technologies, regulatory changes influencing waste management practices, and increasing awareness and initiatives towards sustainable and eco-friendly waste collection methods. Market players should stay informed about these developments to remain competitive and compliant in the evolving regulatory landscape.
