The forecast of municipal waste designated for recovery operations in South Korea shows a yearly increase from 2024 through 2028. The actual amount in 2023 was recorded at 19.99 million metric tons. From 2024 to 2025, the projected increase is 2.78%; from 2025 to 2026, it's 2.65%; from 2026 to 2027, it's 2.58%; and from 2027 to 2028, there's a 2.47% rise. The Compound Annual Growth Rate (CAGR) over these five years is approximately 2.62%, indicating steady growth.
Future trends to watch for include:
• Technological advancements in waste recovery and recycling processes.
• Government policies and regulations promoting sustainable waste management.
• Increasing public awareness and participation in waste recovery initiatives.
• Investment in infrastructure to support efficient waste collection and recovery.
