The waste collection, treatment, and disposal activities, along with materials recovery turnover in Spain, recorded a value of €15.18 billion in 2023. From 2013 to 2023, this sector saw an overall upward trend, with occasional fluctuations. The year-on-year growth in 2022 and 2023 stood at 4.35% and 4.13%, respectively. The compound annual growth rate (CAGR) over the last five years is approximately 5.15%, showcasing a consistent increase. Significant increments are forecasted up until 2028, with a five-year forecast CAGR of 2.79% indicating a steady growth rate as the market matures.
Future trends to watch for:
• Increased regulatory pressures promoting recycling and sustainability • Technological advancements in waste management • Rising public awareness and participation in material recovery practices • Investments in innovative recycling and waste treatment solutions • Shifts in waste management policies at national and EU levels
