The waste collection sector in Austria has shown consistent growth over the past decade, reaching a turnover of 2.98 billion Euros in 2023, marking a year-on-year increase of 3.18%. Between 2013 and 2023, the compound annual growth rate (CAGR) varied, with notable yearly fluctuations, particularly in 2016 (5.97%) and 2019 (5.98%). The sector's CAGR over the last five years settled at 3.45%. Looking ahead, forecasts predict the industry’s turnover to maintain steady growth with a 5-year CAGR of 2.21%, translating to an 11.54% increase by 2028.
Future trends to watch for include the impact of increased regulatory focus on sustainability and recycling standards, advancements in waste management technology, and potential economic shifts influencing industrial waste output. Keeping an eye on these variables will be crucial for anticipating future market dynamics in the sector.
