The global waste management market size is expected to reach USD 3,225.72 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising concerns regarding waste management across the world, rapid urbanization, economic development, and increasing global population. Steady and increasing generation of vast volumes of waste is driving urgent need for more effective and efficient waste management facilities and solutions. Rising volumes of hazardous chemical wastes generated by healthcare, pharmaceuticals, and manufacturing industries is expected to boost utilization of waste management facilities to minimize environmental degradation during the forecast period. Improper treatment of municipal waste is contaminating oceans, transmitting diseases, clogging drains, causing flooding, and resulting in increasing respiratory problems from burning. Untreated manufacturing wastewater introduces toxic heavy metals into the environment or leads to an explosion of oxygen-depleting algae, which eventually kills marine life and potentially harm plants and animals throughout the food chain. Rising levels of greenhouse gases generated from solid waste is a key contributor to climate change. These factors are contributing to increasing need to adopt more effective and proper waste management solutions to achieve sustainable development goals. Limited availability of landfill sites in overpopulated countries coupled with growing initiatives to minimize the use of landfills due to negative impact on the environment and to overall human, animal, and plant health are key factors boosting the need for effective waste recycling.
The latest report is the most recent study that offers 360° coverage of the Waste Management industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Waste Management market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
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Competitive Outlook: The leading companies operating in the Waste Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Waste Management Market and Profiled in the Report are:
Biffa Group, Clean Harbors, Inc., Covanta Holding Corporation, Daiseki Co., Ltd., Hitachi Zosen Corporation, REMONDIS SE & Co. KG, Suez Environment S.A., Veolia Environnement S.A., Waste Management, Inc., and Republic Services, Inc
Objectives of the Report:
Study of the global Waste Management market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Waste Management market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Waste Management market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Waste Management market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Industrial Waste
- Municipal Waste
- Hazardous Waste
- Bio-medical Waste
Service Outlook (Revenue, USD Billion; 2018–2028)
- Collection Service
- Collection & Transportation
- Storage & Handling
- Sorting
- Disposable Service
- Landfills
- Recycling
- Composting & Anaerobic Digestion
- Collection Service
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Spain
- Ireland
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- North America
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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