Global Waste Management Market Expected to Grow at a CAGR of 5.6% During 2024-2032, Driven by the Rising Urbanisation

The rising globalisation has led to a rise in waste, for which waste management needs to be taken care of, boosting the demand for waste management. The Asia Pacific is among the leading regions as there is a rise in industrialisation in countries like India and China. As a result, construction and demolition waste are on the rise worldwide. Its management entails various tasks such as monitoring, collecting, transporting, recycling, and disposing of waste generated during the construction, renovation, or demolition of buildings or other infrastructure. Construction and demolition waste products, unlike residential garbage, are inert, hefty, and non-biodegradable. Because improper disposal of these materials causes GHG emissions, environmental degradation, and a decline in people's general health, building and demolition waste management procedures are becoming increasingly popular worldwide, contributing to the expansion of the waste management market.

Among the major companies is Clean Harbors Inc. (NYSE: CLH), a United States environmental services provider that will enter the Indian market with recycled motor oil as stated on Jan 13, 2021, which will help the market the company to expand further. This will provide a boost to the regional as well as in the global industry.

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Market Analysis by Type, Services, and Region:

• The market, based on type, can be divided into industrial waste, municipal waste, and hazardous waste.
• Based on services, the industry can be divided into disposable and collection. Disposable can be further divided into landfills, recycling, composting and anaerobic digestion. Collection can be further divided into collection and transportation, storage and handling, sorting.
• The regional markets for waste management include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

Key Findings of the Report:

• With government regulations and measures to control waste management, the market for waste management has expanded.
• As there is a rise in the population and globalisation, the waste volume is expanding and catering to the market for waste management.
• With awareness among the population, there have been measures to control waste on an individual level, which has led to a rise in the waste management market.
• With better facilities in the market and technological innovation to manage waste, the industry has been growing.

Key Offerings of the Report:

• The EMR report gives an overview of the global waste management market for the periods (2018-2023) and (2024-2032).
• The report also offers the historical (2018-2023) and forecast (2024-2032) market for types, services, and regions of waste management.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global market for waste management are BIFFA PC, Clean Harbors Inc., Covanta Holding Corporation, Daiseki Co. Ltd, and Hitachi Zosen Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Industry Players in the Global Waste Management Market

The report presents a detailed analysis of the following key players in the global waste management market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• BIFFA PC
• Clean Harbors Inc.
• Covanta Holding Corporation
• Daiseki Co. Ltd.
• Hitachi Zosen Corporation
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

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