Waste collection, treatment, and disposal activities, as well as materials recovery turnover in Austria, stood at 5.44 billion Euros in 2023. The sector has exhibited stability, progressing from 3.98 billion Euros in 2013 to 5.44 billion Euros in 2023, reflecting a steady increase. Notably, the sector faced minor fluctuations, such as a decline in 2015 by -5.31% and in 2020 by -1.31%. However, the recovery was evident in 2021 with a 7.71% increase, followed by consistent growth in subsequent years.
The year-on-year variation from 2021 to 2023 reveals moderate stability, with 4.88% and 4.61%, indicative of a robust growth path, despite external economic factors. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) averages at a resilient 3.44%, underpinning the sector's sustained development.
Looking forward, forecasted data suggests a favorable future, with a projected turnover reaching 6.61 billion Euros by 2028. The forecasted five-year CAGR stands at 3.07%, anticipating a 16.31% growth over this period.
Future trends to watch for include advancements in technology enhancing waste management efficiencies, policy changes aimed towards improved sustainability, and increased participation of the private sector in waste recovery and recycling initiatives.
