Since 2013, Turkey's waste treatment and disposal sector has experienced substantial growth. In 2023, the production value stood at 3,460 million New Turkish Liras, with the year-on-year variation showing a trend of consistent increases. From 2013, production values have progressively climbed with notable spikes, particularly a 51.29% rise in 2020 and an average compound annual growth rate (CAGR) of 32% over the last five years.
In the coming years, the sector is forecasted to maintain an upward trajectory. The five-year growth rate from 2024 is estimated at 54.62%, with a projected CAGR of 9.11%, signaling steady but more moderate expansion relative to previous periods.
Future trends to watch for:
- Increased investment in advanced waste treatment technologies
- Regulatory changes and government initiatives aimed at sustainability
- Growing public awareness and demand for eco-friendly disposal methods
