The value added in the waste collection, treatment and disposal activities; materials recovery sector in Brazil increased from 16.65 billion Brazilian Reals in 2023 to 17.96 billion in 2024. The projected values for 2025 to 2028 indicate steady growth, with respective increases to 18.44, 18.91, 19.36, and 19.81 billion Brazilian Reals. The year-on-year growth rates from 2024 to 2028 range between 2.67% and 2.39%. The compound annual growth rate (CAGR) over the five-year span is approximately 2.61%, highlighting consistent expansion in this sector.
Future trends to watch for include:
- Increased regulatory emphasis on sustainable waste management practices.
- Technological advancements in recycling and waste treatment processes.
- Investment opportunities in the circular economy and green technologies.
- Potential shifts in consumer behavior towards sustainable consumption.