The Waste Collection Sector in Spain has witnessed a consistent growth from 2013 to 2023, with the turnover reaching 6.11 billion euros in 2023. Over the last two years, the sector experienced an average year-on-year growth rate of approximately 4.6%. The CAGR over the past five years has been 5.59%, demonstrating a steady upward trend. From 2024 onwards, the sector is forecasted to continue its growth trajectory, albeit at a slower pace, with an expected CAGR of 2.98% and a cumulative growth rate of 15.83% by 2028.
Future trends to watch for include:
- Technological advancements in waste collection methods
- Increased regulatory pressures for sustainability and recycling
- Rising public awareness and demand for eco-friendly waste management solutions.
