In 2023, the turnover in the Collection of Hazardous Waste sector in Norway stood at 1.20 Billion Norwegian Krones. The forecasted turnover for the subsequent years shows a steady increase: 1.22 in 2024, 1.24 in 2025, 1.27 in 2026, 1.29 in 2027, and 1.32 in 2028. This data indicates a consistent year-on-year growth.
The year-on-year percentage variations are as follows:
- 2024: 1.67%
- 2025: 1.64%
- 2026: 2.42%
- 2027: 1.57%
- 2028: 2.33%
Over the past two years, from 2023 to 2025, the turnover has increased by an average of 1.66% per year. The compound annual growth rate (CAGR) over the last five years is approximately 1.92%.
Future trends to watch for include increased regulation and technological advances in hazardous waste collection, which may drive efficiency and further boost sector turnover. Moreover, heightened environmental consciousness could lead to more stringent waste handling standards, potentially fostering market expansion.
