糖心vlog传媒

logo

Global Waste Management Market Size (2024 - 2029)

The waste management market size is experiencing growth driven by factors such as urbanization, increasing population, and the rising adoption of recyclable products. Despite challenges like limited land for waste disposal and a lack of comprehensive resource management approaches, the market is expanding due to proactive government measures aimed at reducing illegal dumping. The COVID-19 pandemic shifted waste generation patterns, with residential waste surging during lockdowns, but the resumption of economic activities and vaccination drives are expected to boost waste generation and the capacity of waste management services, influencing the market share positively.

Home Market Analysis Professional and Commercial Services Research Commercial Services Research Waste Management Research Waste Management Services Research Waste Management Sector Industry Market Size

Market Size of Global Waste Management Industry

Waste Management Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR (2024 - 2029) 5.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Waste Management Market Major Players

*Disclaimer: Major Players sorted in no particular order

Waste Management Market Analysis

The Global Waste Management Market is expected to register a CAGR of 5% during the forecast period.

Rapidly growing economies, urbanization and the increasing population have led (materially intensive) to an increase in resource consumption, and consequently the release of large amounts of waste into the environment. Observing from a global perspective, current waste and resource management lacks a holistic approach which covers the whole chain of product design, raw material extraction, production, consumption, recycling and waste management. A scarcity of land for effective waste disposal and focus on energy and resource recovery is driving the waste management industry鈥檚 growth. On the other hand, lower sustainability in the waste management sector and low focus on waste management are restricting the waste management industry growth. In addition, the rise in the purchase of recyclable products is providing immense opportunities for global waste management market growth. The growth of the waste management market size is driven by an increase in the adoption of proactive government measures to reduce illegal dumping. 

COVID-19 impacted the garbage industry from the focus of segment shift; during the lockdown, the residential segment generated more amount of waste than industrial and commercial centers, as industries and offices were partially or completely shut. However, reviving economies and resuming production activities along with start of vaccination drives in numerous countries will increase the amount of waste generation and lead to re-initiation of waste recycle industry and waste management companies at their full-scale capacity, potentially affecting the waste management market share. 

Waste Management Industry Segmentation

The waste management (or waste disposal) market includes the activities and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment, and disposal of waste, with monitoring and regulation of the waste management process. 

The report offers a complete background analysis of the global waste management market, which includes an assessment of the economy and contribution of sectors in the economy, waste management industry overview, waste management market size estimation for key segments, and emerging waste management industry trends in the market segments, and market dynamics. The report also covers the impact of COVID-19 on the garbage industry. 

The report is segmented by waste type (Industrial waste, Municipal solid waste, Hazardous waste, E-waste, Plastic waste, and Bio-medical waste), by Disposal methods (Landfills, Incineration, and Recycling), and by Geography (North America, Europe, Asia-Pacific, and LAMEA). For each segment, the waste management market size and forecasts are based on volume (tons) and value (USD billion). 

By Waste type
Industrial waste
Municipal solid waste
E-waste
Plastic waste
Biomedical and Other Waste Types
By Disposal methods
Landfill
Incineration
Recycling
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Need A Different Region Or Segment?
Customize Now

Global Waste Management Market Size Summary

The global waste management market is poised for significant growth, driven by factors such as rapid urbanization, increasing population, and the consequent rise in resource consumption and waste generation. The industry is experiencing a shift towards more sustainable practices, although challenges remain due to the lack of a comprehensive approach that encompasses the entire waste management chain, from product design to recycling. The scarcity of land for waste disposal and the emphasis on energy and resource recovery are key drivers of market expansion. However, the sector faces constraints due to lower sustainability levels and insufficient focus on waste management. The growing demand for recyclable products presents substantial opportunities for market growth, supported by proactive government measures aimed at reducing illegal dumping.

The COVID-19 pandemic temporarily altered waste generation patterns, with residential waste increasing during lockdowns as industrial and commercial activities slowed. As economies recover and production resumes, waste generation is expected to rise, revitalizing the waste management sector. The construction and demolition waste segment is particularly robust, driven by increased construction activities and the need for effective management of inert, non-biodegradable materials. This segment's growth is crucial for minimizing environmental impact and promoting sustainability. The waste management industry is highly competitive, with numerous players and startups innovating in recycling and waste reduction technologies. Strategic acquisitions, such as Biffa's purchase of Company Shop Group and Waste Management's acquisition of Advanced Disposal, highlight the industry's focus on expanding capabilities and market share.

Explore More

Global Waste Management Market Size - Table of Contents

  1. 1. MARKET INSIGHTS and DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Insights into Technological Advancements and Innovation in Effective Waste Management

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

    4. 1.4 Value Chain/Supply Chain Analysis

    5. 1.5 Insights on Strategies of Rising Startups Venturing into the Global Waste Management Industry

    6. 1.6 Spotlight on Market Trends

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION (Market Size by Value and Volume)

    1. 2.1 By Waste type

      1. 2.1.1 Industrial waste

      2. 2.1.2 Municipal solid waste

      3. 2.1.3 E-waste

      4. 2.1.4 Plastic waste

      5. 2.1.5 Biomedical and Other Waste Types

    2. 2.2 By Disposal methods

      1. 2.2.1 Landfill

      2. 2.2.2 Incineration

      3. 2.2.3 Recycling

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kingdom

        2. 2.3.2.2 Germany

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Middle East & Africa

      5. 2.3.5 Latin America

Global Waste Management Market Size FAQs

The Global Waste Management Market is projected to register a CAGR of 5% during the forecast period (2024-2029)

Clean Harbors, Biffa, Covanta Energy, Daiseki Co., Ltd. and Hitachi Zosen Corporation are the major companies operating in the Global Waste Management Market.

Waste Management Market Report Snapshots

Waste Management Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)