The sewerage, waste collection, and management services output in France has experienced fluctuations over the past decade. From 2013 to 2016, there was a declining trend, but the sector rebounded in 2017 with an 8.52% increase, followed by moderate growth in the subsequent years. In 2020, the output saw a significant drop of 5.42%, likely due to the COVID-19 pandemic, but quickly recovered with a 23.02% increase in 2021. Although there was a decline of 5.85% in 2022, the sector slightly grew by 1.97% in 2023, where it stood at 34.06 Billion Euros.
Over the last two years, there has been a significant increase in volatility, with large fluctuations in year-on-year values. The last 5-year CAGR of 2.54% indicates overall positive growth. Looking ahead, the forecast for the next five years shows moderate growth, with a forecasted 5-year CAGR of 1.42% and an overall growth rate of 7.32% by 2028.
Future trends to watch for:
- Technological advancements and automation in waste management
- Government policies on sustainable waste management
- Impact of urbanization on sewerage and waste collection demands
- Increased focus on recycling and the circular economy