Global Waste Management Market Forecast to Hit $703.9 Billion by 2030

 


Meticulous Research®, a top global market research organization, has unveiled a new report titled, “Waste Management Market by Waste Type (Hazardous Waste, Industrial Waste, E-waste), Waste Management Method (Landfilling, Recycling, Incineration), and Source (Residential, Commercial, Municipal, and Industrial) - Global Forecast to 2030.”

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5583

According to the latest data from Meticulous Research®, the waste management market is anticipated to reach $703.9 billion by 2030, with a CAGR of 4.9% from 2024 to 2030. This growth is driven by increased government regulations on waste management, rising consumer awareness regarding environmental issues, and the growing use of smart waste management technologies. Technological improvements in waste management systems and initiatives for managing E-waste are also expected to provide significant growth opportunities.

Despite these positives, high capital investment requirements and the lack of efficient disposal systems in ASEAN countries, along with the high cost of recycling electronic waste, are major market constraints. On the other hand, advancements in waste-to-energy technologies and the growing adoption of smart waste management solutions are notable trends in the industry.

The market is segmented by waste type, management method, and source. It also includes an assessment of industry competitors and a regional analysis.

For waste types, the market encompasses hazardous waste, industrial waste, municipal solid waste, E-waste, plastic waste, biomedical waste, and other categories. The hazardous waste segment is projected to lead the market in 2024, driven by factors such as population growth, increased consumption, and a higher presence of hazardous materials in household waste.

In terms of waste management methods, the market includes landfilling, recycling, incineration, biological reprocessing, waste-to-energy, and other methods. The landfilling segment is expected to dominate in 2024 due to its environmental benefits and the implementation of well-managed facilities that ensure public health and environmental safety.

By source, the market is divided into residential, commercial, municipal, and industrial sectors, with the industrial segment further subdivided into various industries including food & beverage, automotive, electronics, and more. The residential segment is projected to hold the largest market share in 2024, influenced by factors such as demographic changes and evolving household consumption patterns.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to capture the largest market share in 2024, followed by North America, Europe, Latin America, and the Middle East & Africa. The dominance of Asia-Pacific is attributed to rapid advancements in waste management technology and government-led zero waste initiatives.

Key Players:

The key players operating in the waste management market are Advanced Disposal Services, Inc. (U.S.), Biffa Group (U.K.), Clean Harbors, Inc. (U.S.), Covanta Holding Corporation (U.S.), Hitachi Zosen Corporation (Japan), Remondis AG & Co. Kg (Germany), Suez Environment S.A (France), Veolia Environment S.A (France), Waste Management Inc. (U.S.), Republic Services, Inc. (U.S.), Waste Connections, Inc. (U.S.), GFL Environmental Inc. (U.S.), Stericycle, Inc. (U.S.), Casella Waste Systems, Inc. (U.S.), and Bingo Industries Limited (Australia).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/waste-management-market-5583

Key questions answered in the report-

  • Which are the high-growth market segments based on waste type, waste management method, source, and geography?
  • What was the historical market for the waste management market?
  • What are the market forecasts and estimates for the period 2024–2030?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the waste management market?
  • Who are the major players, and what shares do they hold in the waste management market?
  • How is the competitive landscape in the waste management market?
  • What are the recent developments in the waste management market?
  • What strategies are adopted by the major players in the waste management market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the global waste management market, and how do they compete with the other players?

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Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
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