The Canadian sewerage, waste collection, and management services sector has shown varied trends over the past decade, growing to 112.51 million hours in 2023. The sector saw significant fluctuations, including a notable decline in 2019 and 2020, but rebounded in 2021. The CAGR over the last five years up to 2023 was relatively modest, at 1.1%. Forecasts project growth to continue, reaching an expected 125.5 million hours by 2028, with a forecasted CAGR of 1.74%.
Future trends to watch for include technological advancements in waste management processes, potential regulatory changes, and the sector's adaptation to sustainable practices, which could significantly impact employment patterns and hours worked. Additionally, economic factors and urbanization trends may influence demand for these essential services, shaping the sector’s growth trajectory.
