Waste Management Market By Waste Type (Industrial Waste, Municipal Waste, E-waste, Bio-medical, Other Waste), By Service Type (Collection & Segregation, Disposal) - Growth, Future Prospects And Competitive Landscape, 2018 – 2026

The global waste management market is expected to expand at a CAGR of 7.5% during the forecast period from 2018 to 2026. Rapid urbanization has resulted in manifold challenges with respect to the urban environment due to industrialization, economic activities, population growth, changing lifestyles, and new technological advances. Urban waste management is one such boiling issue that has surfaced because of the aforementioned factors, leading to cities and towns worldwide crumbling under heaps of garbage and waste left in the open.

Poorly managed waste also has a direct impact on the urban environment, resulting in water, air, and soil pollution, leading to long-term implications on health and economic growth prospects. This is also due to a mismatch between waste management requirements and service availability. Hence, re-examining the currently available systems for waste management is the need of the hour.

The largest waste management market in Asia Pacific is expected to grow rapidly.

Asia Pacific represents the largest waste management market worldwide and will continue to dominate, offering significant growth and investment prospects for waste segregation, recycling companies, and all other participants involved across the waste management ecosystem during the forecast period. The waste management sector in India is expected to be worth US$ 13.82 billion by 2026, with an annual growth rate of 7.3%. Since the majority of the waste that India produces is simply dumped in landfills, redirecting this waste to proper processing and treatment facilities is expected to open up new investment avenues for value chain participants. With continual growth in industrial output and domestic consumption, India’s total waste production will surge from 62 million metric tonnes in 2017 to a massive 162 million metric tonnes by 2030, driving the need for efficient waste management.

Key Players:

The global waste management market is highly fragmented. Some of the major service providers profiled in the research study include Advanced Disposal Services, Waste Harvesters, Inc., Covanta Holding Corporation, Biffa Group, Clean Harbors, Inc., Remondis AG & Co. Kg., Hitachi Zosen Corporation, Suez Environment S.A., Daiseki Co. Ltd., Veolia Environment S.A., and Waste Management, Inc., among others.

Periods of History and Forecast

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2016 to 2026, considering 2017 as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2018 to 2026.

Key questions are answered in this report.

• What was the global waste management market size in 2016 and 2017?
• What are the estimated forecast and market projections up to 2026?
• Which region generates the largest waste volume, and which is the largest regional market for waste management?
• Which waste type contributes the most worldwide?
• Predominant trends shaping the global waste management market worldwide
• Who are the leading players in the global waste management market worldwide?
• What are the key strategies adopted by the leading vendors in the global management market?

Frequently Asked Questions: