In Finland, the Sewerage, Waste Management, and Remediation Activities sector has shown a robust upward trend from 2013 to 2023, increasing from 2.8 billion Euros in 2013 to 4.03 billion Euros in 2023. Between 2022 and 2023, the sector witnessed a year-on-year growth of 2.81%. Over the last two years, that is, from 2021 to 2023, the sector saw consistent growth, ending in 2023 with a year-on-year variation of 2.81%. The compound annual growth rate (CAGR) over the last five years (2018-2023) stands at 3.84%, indicating a steady average annual growth.
Looking ahead, the industry is expected to continue its positive trajectory with forecasts suggesting a growth rate of 2.52% CAGR over the next five years from 2024 to 2028, culminating in an output of 4.73 billion Euros by 2028. This equates to a forecasted total 5-year growth rate of 13.23%.
Future trends to watch for include advancements in waste-to-energy technologies, increased regulatory pressures for sustainable waste management practices, and the acceleration of digital transformation and automation within the sector. This will likely drive further improvements in efficiency and environmental performance.
