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China Waste Management Market Size (2024 - 2029)

The China Waste Management Market is projected to experience significant growth over the forecast period, with its market size expanding considerably. As one of the largest producers of waste globally, China has historically been a major importer of waste materials, particularly plastics. However, regulatory changes in 2018, which banned the import of certain types of solid waste, have shifted the dynamics of the market. Despite these changes, the market continues to hold substantial potential for growth, driven by the country's reliance on recycled materials for industrial use.

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Market Size of China Waste Management Industry

China Waste Management Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 78.38 Billion
Market Size (2029) USD 101.23 Billion
CAGR (2024 - 2029) 5.25 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

China Waste Management Market Analysis

The China Waste Management Market size is estimated at USD 78.38 billion in 2024, and is expected to reach USD 101.23 billion by 2029, growing at a CAGR of 5.25% during the forecast period (2024-2029).

The people’s Republic of China was the largest market for plastics waste in 2016 which accounts for about 60% of the global imports. The G7 countries held a share of about 50% of all the exports of plastic waste to China in 2016. China is the second largest producer of waste in the world. It was a net importer of a huge amount of waste from other countries until January 2018, when the Chinese government banned the import of 24 grades of solid waste, including mixed paper and plastics. The waste industry has consumed a volume of about 211.5 tons in 2017 with the rise in the volume of 4.7% in 2017 compared to 2013. China relies heavily on the imports of recycled materials as industrial raw materials. Hence, there is huge potential for market players in this industry.

China Waste Management Industry Segmentation

A complete background analysis of the China waste managementmarket, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics is covered in the report.
By Waste type
Industrial waste
Municipal solid waste
Hazardous waste
E-waste
Plastic waste
Bio-medical waste
By Disposal methods
Landfill
Incineration
Dismantling
Recycling
By Type of ownership
Public
Private
Public - Private Patnership
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China Waste Management Market Size Summary

The China waste management market is poised for significant growth, driven by the country's status as a leading producer and consumer of waste, particularly in the realms of plastics and e-waste. Historically, China was a major importer of waste, but policy changes in 2018 shifted its focus towards domestic waste management and recycling. This transition has opened up substantial opportunities for market players, as the demand for efficient waste processing and recycling technologies continues to rise. The market is characterized by a mix of established and emerging players who are leveraging advanced technologies to enhance recycling rates and manage various types of waste, including plastics, metals, and electronics. The economic value of recyclable materials plays a crucial role in driving the efficiency of private waste collectors, who are instrumental in returning materials to manufacturers.

China's waste management industry is also influenced by its ambitious national initiatives, such as the "Made in China 2025" plan, which aims to significantly increase recycling rates. The country's strategic position in the global waste management landscape is further bolstered by its role in the Belt and Road initiative, which encourages sustainable investments in the circular economy. Companies like Capital Environment Holdings Ltd. and China Everbright International Limited are at the forefront of these efforts, focusing on integrated waste management solutions and energy production from waste. As the market evolves, China is expected to become a net exporter of scrap metal, reflecting its growing capabilities in recycling and waste management.

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China Waste Management Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Market Overview

    2. 1.2 Market Trends

    3. 1.3 Industry Attractiveness - Porters Five Forces Analysis

    4. 1.4 Brief on Vietnamese government regulations and initiatives

    5. 1.5 Value Chain/ Supply Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Waste type

      1. 2.1.1 Industrial waste

      2. 2.1.2 Municipal solid waste

      3. 2.1.3 Hazardous waste

      4. 2.1.4 E-waste

      5. 2.1.5 Plastic waste

      6. 2.1.6 Bio-medical waste

    2. 2.2 By Disposal methods

      1. 2.2.1 Landfill

      2. 2.2.2 Incineration

      3. 2.2.3 Dismantling

      4. 2.2.4 Recycling

    3. 2.3 By Type of ownership

      1. 2.3.1 Public

      2. 2.3.2 Private

      3. 2.3.3 Public - Private Patnership

China Waste Management Market Size FAQs

The China Waste Management Market size is expected to reach USD 78.38 billion in 2024 and grow at a CAGR of 5.25% to reach USD 101.23 billion by 2029.

In 2024, the China Waste Management Market size is expected to reach USD 78.38 billion.

China Waste Management Market Report Snapshots

China Waste Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)