The number of enterprises in the UK’s non-hazardous waste collection sector is predicted to see a steady increase from 2024 to 2028. In 2023, there were approximately 2.95 thousand enterprises, marking the baseline for this forecasted series.
- Year-on-year growth is projected around 2% continually.
- The compound annual growth rate (CAGR) over this period is estimated to be approximately 2%.
Future trends to watch:
- Technological advancements in waste management driving operational efficiency.
- Regulatory developments that might influence sector growth, especially around sustainability.
- Potential consolidation trends as larger firms may seek to acquire smaller players to increase market share.