From 2013 to 2023, the output of sewerage, waste management, and remediation activities in Italy experienced variable growth, expressed in Billion Euros. In 2023, the sector stood at €38.94 billion. Notable fluctuations included a significant increase of 16.87% in 2021 and a slight decline of 1.06% in 2022. The year-on-year growth for 2023 was 1.7%, giving a five-year CAGR of 4.26%.
From 2024 onwards, the sector is forecasted to grow steadily, achieving a value of €42.11 billion by 2028, with a five-year CAGR of 1.24%. This points to gradual and consistent sectoral expansion.
Future trends to watch for:
- Technological advancements in waste management and remediation activities.
- Increased regulatory focus on sustainability and environmental compliance.
- Growth in recycling and circular economy initiatives.