In 2023, the UK generated 1.78 million metric tons of end-of-life vehicles waste. The forecast data from 2024 to 2028 shows a consistent upward trend, reflecting a year-on-year increase that averages around 2%. By 2028, the total waste is expected to reach 1.9665 million metric tons. The compound annual growth rate (CAGR) over these five years is approximately 2.1%, indicating a steady escalation in waste generation.
Future trends to watch for:
- Technological advancements in recycling and materials recovery.
- The impact of new vehicle ownership models on end-of-life vehicle volumes.
- Regulatory changes and environmental policies focusing on waste reduction and sustainability.
- Potential shifts towards electric vehicles influencing the nature and volume of waste.