The UK's Sewerage, Waste Collection, and Management Services industry has experienced steady growth from 2013 to 2023. As of 2023, the industry stood at 38.61 billion Pounds Sterling. Over the last two years, the year-on-year growth rates were 0.6% in 2022 and 2.07% in 2023. The 5-year CAGR leading up to 2023 reflects an average annual growth of 2.82%. Historically, the industry saw notable annual increases, with the highest in 2021 at 9.75%, likely influenced by pandemic-related factors resetting norms in essential services.
Looking forward to 2028, forecasted data indicates a continued, albeit slower, growth trajectory with a 5-year CAGR of 1.49% and an overall growth rate of 7.67%. Future trends to watch for include technological advancements in waste management and regulatory changes aimed at sustainability, which could impact operational efficiencies and industry outputs.
