In 2023, South Korea generated 23.05 million metric tons of municipal waste. Forecast data indicates an increase to 23.22 million metric tons in 2024, with an annual progression reaching 23.88 million metric tons by 2028. This indicates a steady upward trend.
The year-on-year percentage variations are as follows:
- 2024 to 2025: 0.73%
- 2025 to 2026: 0.73%
- 2026 to 2027: 0.68%
- 2027 to 2028: 0.67%
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 0.71%.
Future trends to watch for include advancements in waste management technology, regulatory changes aiming to reduce waste, and shifts in consumer behavior towards more sustainable practices, all of which could impact municipal waste levels in the upcoming years.
