The production in the collection of hazardous waste sector in France has witnessed considerable volatility over the past decade. Initially, from 2013 to 2015, the sector experienced substantial growth. However, starting in 2017, there was a marked decline, which became more pronounced up to 2023. To illustrate, the sector's value stood at 272.1 million Euros in 2023. The year-on-year variation from 2022 to 2023 was a 5.46% decrease, whereas the CAGR over the last five years was-2.68%. Forecasts from 2024 to 2028 indicate a continued downward trend, with an anticipated CAGR of -5.73% and a projected overall decrease of 25.56% by 2028.
Trends over a longer period:
- 2013-2015: Substantial growth
- 2016-2019: Fluctuations with a general decline
- 2020-2023: Steady decrease
- 2024-2028: Forecasted persistent decline
Future trends to watch for include regulatory changes in hazardous waste management, advancements in recycling technologies, and shifts towards more sustainable practices. These factors could potentially impact the sector's performance positively or negatively in the long term.