The waste collection, treatment, and disposal activities, along with materials recovery turnover in Italy, demonstrated a mixture of growth and decline from 2013 to 2023, reaching 26.73 billion euros by 2023. The year-on-year variation for 2023 was 1.4%. Over the last two years, there has been a minor growth trend of 1.43% in 2022 and 1.4% in 2023. The compounded annual growth rate (CAGR) over the last five years stands at 0.48%, indicating moderate annual growth.
Future projections from 2024 to 2028 point to a steady rise, culminating in 28.52 billion euros by 2028. The forecasted 5-year CAGR is 1.03%, anticipating a total growth rate of 5.25% throughout this period.
Key future trends to watch for include:
- Advancements in waste management technologies and their implementation
- Increased government regulations and policies focusing on sustainable practices
- Growth in the recycling sector driven by environmental awareness and circular economy initiatives
- Investment in infrastructure to manage and recover materials more efficiently