Forecast: Sewerage, Waste Management, Remediation Activities Output in Austria

From 2013 through 2023, the sewerage, waste management, and remediation activities output in Austria has shown a positive growth trend. By 2023, this sector stood at a value of €9.19 billion. Analyzing year-on-year variations, significant fluctuations are observed, with the highest increase recorded in 2021 at 12.82%, likely due to market recovery post-pandemic. The last two years saw consistent growth with 5.7% in 2022 and 2.7% in 2023.

Over a longer period, the Compound Annual Growth Rate (CAGR) from 2018 to 2023 highlights robust growth at 4.21%. The forecast for the next five-year period estimates a CAGR of 1.92%, indicating a possible deceleration in growth but heading towards a steady increase of 10% by 2028.

Future trends to watch for in this sector include:

  • Technological advancements in waste management and recycling processes.
  • Stricter environmental regulations and policies driving higher investments in remediation activities.
  • Increased public and private sector collaborations for sustainable waste management solutions.

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