The waste collection production value in the Netherlands stood at 2.21 Billion Euros in 2023. Over the past decade, the market experienced fluctuations with notable declines in 2014 and 2020, primarily due to economic slowdowns and potentially other market dynamics. A significant recovery in 2019 and moderate growth in subsequent years have stabilized the market. Specifically, the year-on-year variation from 2022 to 2023 was 3.68%, indicative of a steady upward trend. The compound annual growth rate (CAGR) over the past five years is 1.25%, suggesting modest but consistent growth.
From 2024 onwards, the market is forecasted to experience a slight downward trend with a 5-year forecasted CAGR of -0.3%. Potential factors influencing this trend include increased efficiency in waste management, innovations in recycling technologies, and legislative changes aimed at reducing waste production.
Future trends to watch for:
- Technological advancements in waste processing and recycling.
- Legislation impacting waste generation and management practices.
- Shifts in consumer behavior towards more sustainable practices.
- Economic factors influencing industrial and commercial waste volumes.
