The wholesale of waste and scrap and other products sector in Italy is forecasted to grow steadily from 2024 to 2028. In 2023, the sector was valued at €12.35 billion. The forecasted values indicate a consistent annual increase, with a year-on-year growth of approximately 6.3% for 2024 and a Compound Annual Growth Rate (CAGR) of around 5.7% over the five-year period.
Future trends to watch for in this sector include:
- Increased environmental regulations driving demand for recycling and waste management services.
- Technological advancements improving efficiency and profitability in waste processing.
- Emerging markets and international trade dynamics affecting global scrap prices.
- Sustainability initiatives and the circular economy potentially reshaping sector growth.