The waste collection sector in Belgium has shown considerable fluctuation in turnover from 2013 to 2023. The value began at €903.5 million in 2013, dropped to €748.0 million in 2014, then experienced significant growth reaching up to €1,280.0 million in 2016. However, it again declined to €854.7 million in 2018. The sector recovered slightly in subsequent years, with turnover reaching €1,050.0 million by 2023. The average variation per year over the last five years (CAGR) stands at 2.33%, with year-on-year variation hovering around 3.37% in recent years.
Future Trends:
- Growth trajectory from 2024 to 2028 is expected to be modest, driven by an annual CAGR of 2.33%.
- Forecasted turnover to reach €1,210.0 million in 2028, indicating stable but slow growth.
- Technology advancements and regulatory changes could influence future market dynamics.