The waste collection turnover in Austria stood at 2.98 billion Euros in 2023. Observing the trend from 2013 to 2023, there's a consistent upward trajectory, reflecting an overall positive growth in the sector. The most recent data indicates a year-on-year growth of 3.18% in 2023, maintaining a steady trend from the previous years. The Compound Annual Growth Rate (CAGR) over the last five years is 3.45%, showcasing a resilient industry with moderate growth.
Future trends include:
- Sustained growth with a forecasted CAGR of 2.21% from 2024 to 2028.
- Projected turnover to reach approximately 3.42 billion Euros by 2028.
- Increased emphasis on sustainable waste management practices.
- Potential impacts from technology advancements in waste collection and sorting.
- Regulatory changes and their impact on operational costs.