The waste treatment and disposal sector in France has demonstrated substantial growth over the past decade. Between 2013 and 2017, turnover increased significantly, highlighted by a 54.95% year-on-year growth in 2017. Despite a slight decrease in 2018, the sector stabilized with marginal fluctuations from 2019 to 2023. In 2023, the turnover stood at 11.21 billion euros, marking a 2.95% increase from the previous year. The average annual growth rate (CAGR) for the past five years was approximately 2.9%.
Future trends indicate a continuing moderate growth path, with forecasts suggesting a 10.4% overall increase in turnover by 2028. This translates to a forecasted 5-year CAGR of 2%, signifying steady yet consistent expansion.
Future trends to watch for:
- Technological advancements in waste treatment processes.
- Increased regulations and policies favoring eco-friendly disposal methods.
- Shifts in consumer behavior towards sustainability potentially impacting waste volumes.
- Potential market consolidation and entry of new players in the sector.