The turnover in the waste collection sector in Finland has experienced significant fluctuations. From 2013 to 2023, the sector witnessed several ups and downs. After a peak in 2014, there were periods of decline, particularly evident from 2015 to 2016 and again in 2020. However, a recovery trend was noticed between 2017 and 2019, with a steady increase observed thereafter. The turnover as of 2023 stands at 365.4 million euros.
Year-on-year variations over the past two years (2021-2023) were relatively stable, with modest increases of 0.83% in 2022 and 0.74% in 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 indicates an average annual rise of 0.7%.
Looking ahead, forecasted data suggests a continual albeit slow growth with a forecasted 5-year CAGR of 0.43%, culminating in a 2.15% total growth by 2028. Future trends to watch include advancements in recycling technologies, government regulations, and potential shifts in waste generation patterns due to societal changes.
