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Waste Management Market

Global Waste Management Market Size, Share, Growth, Report: By Type: Municipal Waste, Industrial Waste, Hazardous Waste; By Service: Collection, Disposable; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Waste Management Market Outlook

The global waste management market attained a value of about USD 2570.16 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.6% to reach approximately USD 4195.38 billion by 2032.

 

Global Waste Management Market

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Government Regulations to Cater to the Growth of Waste Management Industry

The waste management industry is expected to expand due to various government policies and regulations to maintain and keep control of illegal dumping that might be hazardous to the environment and to human health. There are regulations to keep a check on any hazardous waste and with proper management by the government agencies, the market will benefit over the forecast period. Businesses typically dump non-hazardous waste illegally to avoid paying exorbitant collection fees to commercial haulers.

Residents also dump to avoid paying exorbitant collection fees or because there is no other option. Construction and demolition (C&D) trash, autos, furniture, and medical wastes are among the materials dumped by the individuals, which pile up as the waste discarded in the environment. Vacant or poorly lit property, country roads, and alleys are common places for unlawful dumping. To make matters worse, dumped goods frequently attract more dumping. Government control is expected to manage the disposal of waste by industries, which is predicted to aid the growth of the waste management industry.

 

Waste Management: Market Segmentation

The activities and actions necessary to manage trash from its inception to its final disposal are referred to as waste management (or waste disposal). This comprises waste collection, transportation, treatment, and disposal, as well as waste management process monitoring and control, as well as waste-related laws, technologies, and economic systems.

 

Global Waste Management Market by Segment

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The major types of waste management are:

  • Municipal Waste
  • Industrial Waste
  • Hazardous Waste

The market can be broadly categorised on the basis of services into:

  • Collection
  • Disposable

Collection is segmented on the basis of types into collection and transportation, storage and handling, and sorting, whereas disposable is segmented on the basis of types into composting and anaerobic digestion, landfills, and recycling.

The EMR report looks into the regional markets of waste management like North America, Europe, Latin America, Asia Pacific, Middle East and Africa.

 

Global Waste Management Market by Region

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Rise in the Waste Volume to Aid to Waste Management Industry Growth

The waste management industry is being influenced by factors, such as the increase in the world population, acceleration of rural-urban mobility, and expansion of economic affluence. Further, it is predicted that the globe will generate around 7–10 billion tonnes of solid garbage each year. Municipal solid trash accounts for 2.01 billion tonnes of this total, according to the World Bank.  In the Asia Pacific region, the area is on track to double its solid waste creation from 150 million tonnes to 272 million tonnes within 10–20 years, resulting in a per capita generation of 1.14 kilogramme per day, compared to the global average of 0.74 kilogramme, as per Global Waste Management Conference. Due to the rise in the population of the world, majorly in the developing and under-developed nations, there is expected to be more waste, which will increase the demand for waste management and waste control measures, consequently aiding the growth of the waste management industry. Further, rapid industrialisation in emerging economies, such as India, Taiwan, and China, has resulted in the development of oil and gas, chemical, automobile, and medical industries, which generates a significant amount of waste and pollution. These factors are expected to augment the market growth over the forecast period.

The main constraint for the market growth is the cost put in the management of waste and in disposable activities. This might impede the market growth over the forecast period.

 

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Service
  • Region
Breakup by Type
  • Municipal Waste
  • Industrial Waste
  • Hazardous Waste
Breakup by Service
  • Collection
  • Disposable
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BIFFA PC
  • Clean Harbors, Inc.
  • Covanta Holding Corporation 
  • Daiseki Co. Ltd. 
  • Hitachi Zosen Corporation 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Waste Management Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Waste Management Historical Market (2018-2023) 
    8.3    Global Waste Management Market Forecast (2024-2032)
    8.4    Global Waste Management Market by Type
        8.4.1    Municipal Waste
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Industrial Waste
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Hazardous Waste 
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Waste Management Market by Service
        8.5.1    Collection
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
            8.5.1.3    Breakup by Type
                8.5.1.3.1    Collection and Transportation
                8.5.1.3.2    Storage and Handling
                8.5.1.3.3    Sorting
        8.5.2    Disposable
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
            8.5.2.3    Breakup by Type
                8.5.2.3.1    Landfills
                8.5.2.3.2    Recycling
                8.5.2.3.3    Composting and Anaerobic Digestion
    8.6    Global Waste Management Market by Region        
        8.6.1    North America
          8.6.1.1    Historical Trend (2018-2023) 
          8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
          8.6.2.1    Historical Trend (2018-2023) 
          8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
          8.6.3.1    Historical Trend (2018-2023) 
          8.6.3.2    Forecast Trend (2024-2032)    
        8.6.4    Latin America
          8.6.4.1    Historical Trend (2018-2023) 
          8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
          8.6.5.1    Historical Trend (2018-2023) 
          8.6.5.2    Forecast Trend (2024-2032)
9    North America Waste Management Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Waste Management Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Waste Management Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Waste Management Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Waste Management Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    BIFFA PC
            15.2.1.1    Company Overview
            15.2.1.2    Service Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Clean Harbors, Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Service Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Covanta Holding Corporation 
            15.2.3.1    Company Overview
            15.2.3.2    Service Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Daiseki Co. Ltd. 
            15.2.4.1    Company Overview
            15.2.4.2    Service Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Hitachi Zosen Corporation 
            15.2.5.1    Company Overview
            15.2.5.2    Service Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Waste Management Market: Key Industry Highlights, 2018 and 2032
2.    Global Waste Management Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Waste Management Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Waste Management Historical Market: Breakup by Service (USD Billion), 2018-2023
5.    Global Waste Management Market Forecast: Breakup by Service (USD Billion), 2024-2032
6.    Global Waste Management Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Waste Management Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Waste Management Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Waste Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Waste Management Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Waste Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Waste Management Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Waste Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Waste Management Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Waste Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Waste Management Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Waste Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Waste Management Market Structure

Key Questions Answered in the Report

In 2023, the global waste management market attained a value of nearly USD 2570.16 billion.

The market is projected to grow at a CAGR of 5.6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 4195.38 billion by 2032.

The major market drivers are the rising waste volume, overcrowding of landfills, and introduction of various activities and measures by multiple governments to manage waste.

The key market trends of waste management are rising popularity of various disposal techniques, increasing awareness among consumers regarding waste and sustainability, and the growing adoption of construction and demolition materials for construction purposes.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of waste management in the market are industrial waste, municipal waste, and hazardous waste.

The major services of waste management market are disposable and collection.

The key players in the global waste management market are BIFFA PC, Clean Harbors, Inc., Covanta Holding Corporation, Daiseki Co. Ltd., and Hitachi Zosen Corporation, among others.

Analyst Review

The global waste management market attained a value of nearly USD 2570.16 billion in 2023, driven by the rising prevalence of wastes hazardous for the population. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.6%. The market is projected to reach USD 4195.38 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the waste management industry can be segmented into municipal waste, hazardous waste, and industrial waste. On the basis of services, the market is divided into disposable and collection. The major regional markets for waste management are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BIFFA PC, Clean Harbors Inc., Covanta Holding Corporation, Daiseki Co. Ltd., and Hitachi Zosen Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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