The value added of sewerage and waste management in Australia experienced a steady upward trend from 2013 to 2023, reaching 6.35 billion AUD in 2023. The highest growth was observed between 2016 and 2017 with a 12.44% increase. The past five years showed a moderate compound annual growth rate (CAGR) of 5.47% as of 2023. The year-on-year growth over the last two years saw a slight decrease from 4.23% in 2022 to 4.01% in 2023.
For future trends, the forecast indicates a more moderate CAGR of 2.72% from 2024 to 2028, reaching an estimated 7.54 billion AUD in 2028. Key factors to watch for include advancements in recycling technologies, governmental regulations on waste management, and increasing public awareness of environmental sustainability.
