The turnover in the Waste Treatment and Disposal Sector in Germany has seen significant growth since 2013, reaching 13.84 billion euros in 2023. This represents a solid compound annual growth rate (CAGR) of approximately 4.26% over the last five years.
Key year-on-year variations include a sharp increase in turnover from 2013 to 2015, followed by steady growth until 2017. However, a notable dip occurred in 2018 with a 7.07% decrease, before growth resumed with more moderate pace in recent years. The turnover in 2023 experienced a 3.09% rise from the previous year.
Looking forward, the sector is expected to continue its upward trajectory, with forecasted data showing a CAGR of 2.16% from 2024 to 2028, amounting to an 11.25% growth over this period. This indicates healthy, but slower, growth compared to previous years.
Future trends to watch for include advancements in recycling technologies, increasing regulations on waste management practices, and the potential impact of sustainability initiatives which could drive further growth and innovation in the sector.
