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Waste Management Market Size is valued at 1,251.9 billion in 2024 and is predicted to reach 1,977.1 billion by the year 2034 at a 4.8% CAGR during the forecast period for 2025-2034.
Advancements in waste management technologies, such as waste-to-energy, recycling, and innovative waste management systems, are driving the waste management market growth. These technologies are making waste management more efficient, cost-effective, and sustainable. Adopting waste management practices can result in economic benefits, such as reduced waste disposal costs, increased recycling and resource recovery revenue, and reduced environmental impact. These economic benefits drive businesses and governments worldwide to adopt waste management practices. Overall, these drivers are boosting the growth of the waste management market demand. The waste management market progress is expected to raise as the demand for sustainable waste management practices increases worldwide.
Key Industry Insights & Findings from the Report:
Implementing proper waste management practices and infrastructure requires significant investment, which can challenge developing countries and small businesses. The lack of funding can hinder the adoption of waste management practices and technologies.
The waste management market is segmented based on waste type, service and type. Based on waste type, the market is segmented into Municipal, Industrial, E-Waste. Based on Service, the market is further bifurcated into Collection, Recycling, Landfill and Incineration. Based on type, the market is categorized into hazardous and non-hazardous.
The collection category is expected to hold a major global waste management market share. The collection segment is an essential part of the waste management industry, as it involves the collection of waste from various sources, such as households, commercial establishments, and industrial sites. The collection segment is an important component of waste management; other segments, such as transportation, processing, and disposal, are also critical. For instance, transportation is necessary to transport the collected waste to processing or disposal sites. Processing involves sorting, separating, and treating waste before disposal, and recycling involves recovering valuable materials from waste.
The non-hazardous segment is projected to grow rapidly in the global waste management market. The waste management market for non-hazardous waste is driven by factors such as the increasing amount of waste generated due to population growth and urbanization, the implementation of government regulations promoting sustainable waste management practices, and the adoption of new waste management technologies.
The North American waste management market position is expected to register the highest market share in revenue shortly. The North American waste management market is driven by factors such as the high rate of waste generation, strict government regulations promoting sustainable waste management practices, and the adoption of new waste management technologies. The region has a well-developed waste management infrastructure, including landfills, recycling facilities, waste-to-energy plants, and composting sites. However, the waste management market in other areas, such as Asia Pacific, is also growing rapidly due to increasing population, urbanization, and industrialization. The Asia Pacific region is projected to be the fastest-growing market for waste management due to the rising demand for sustainable waste management practices and the implementation of government regulations to promote waste reduction, recycling, and resource recovery.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 1,251.9 Bn |
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Revenue forecast in 2034 |
USD 1,977.1 Bn |
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Growth rate CAGR |
CAGR of 4.8% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Material, Product, Application, End-Use |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; South Korea; Southeast Asia |
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Competitive Landscape |
Veolia, Cleanway Waste Management Limited, Daiseki Co. Ltd, Waste Connections Inc., Clean Harbors, Seuz, Umicore, E.R.I., Stericycle, Enviro-Hub group, W.M. Intellectual Property Holdings L.L.C., Augean Plc and Reclay Group. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Waste Management Market Snapshot
Chapter 4. Global Waste Management Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Waste Type Estimates & Trend Analysis
5.1. by Waste Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Waste Type:
5.2.1. Municipal
5.2.2. Industrial
5.2.3. E-waste
Chapter 6. Market Segmentation 2: by Service Estimates & Trend Analysis
6.1. by Service & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Service:
6.2.1. Collection
6.2.2. Recycling
6.2.3. Landfill
6.2.4. Incineration
Chapter 7. Market Segmentation 3: by Type Estimates & Trend Analysis
7.1. by Type & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Type:
7.2.1. Hazardous
7.2.2. Non-hazardous
Chapter 8. Waste Management Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Waste Type, 2021-2034
8.1.2. North America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Service, 2021-2034
8.1.3. North America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Type, 2021-2034
8.1.4. North America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Waste Type, 2021-2034
8.2.2. Europe Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Service, 2021-2034
8.2.3. Europe Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Type, 2021-2034
8.2.4. Europe Waste Management Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Waste Type, 2021-2034
8.3.2. Asia Pacific Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Service, 2021-2034
8.3.3. Asia-Pacific Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Type, 2021-2034
8.3.4. Asia Pacific Waste Management Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Waste Type, 2021-2034
8.4.2. Latin America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Service, 2021-2034
8.4.3. Latin America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Type, 2021-2034
8.4.4. Latin America Waste Management Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Waste Type, 2021-2034
8.5.2. Middle East & Africa Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Service, 2021-2034
8.5.3. Middle East & Africa Waste Management Market Revenue (US$ Million) Estimates and Forecasts by Type, 2021-2034
8.5.4. Middle East & Africa Waste Management Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Augean Plc
9.2.2. Biffa Plc
9.2.3. Biomedical Waste Solutions
9.2.4. Clean Harbors
9.2.5. Cleanaway Waste Management Limited
9.2.6. Covanta Holding Corporation
9.2.7. Daiseki Co. Ltd
9.2.8. Enviro-Hub Group
9.2.9. Eri
9.2.10. Fcc Environment
9.2.11. Hitachi Zosen
9.2.12. Reclay Group
9.2.13. Remondis Se & Co. Kg
9.2.14. Republic Services
9.2.15. Stericycle
9.2.16. Suez
9.2.17. Umicore
9.2.18. Urbaser
9.2.19. Valicor
9.2.20. Veolia Environnement
9.2.21. Waste Connections Inc.
9.2.22. Wm Intellectual Property Holdings L.L.C
9.2.23. Other Prominent Players
Waste Management Market By Waste type-
Waste Management Market By Type
Waste Management Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
