The waste collection sector in Austria has shown steady growth from 2013 to 2023, with the production value increasing from €1.67 billion in 2013 to €2.18 billion in 2023. The sector experienced minor fluctuations between 2014 and 2015, but growth continued strongly from 2016 onwards, reaching a peak CAGR of 6.41% in 2013. The most recent two years, 2022 and 2023, saw year-on-year growth rates of 2.87% and 2.75% respectively, indicating a stabilization in growth trends.
Looking forward, the forecast predicts a continuous rise in production values, with a CAGR of 1.9% over the next five years, projecting €2.46 billion by 2028. This growth trajectory suggests a positive outlook for the waste collection sector in Austria, albeit at a slightly slower pace compared to historic rates.
Future trends to watch for:
- Technological advancements in waste collection and recycling processes.
- Increased regulatory pressures for sustainable waste management practices.
- Rising investments in green technologies and circular economy initiatives.
- Potential impacts from global economic fluctuations and supply chain disruptions.