The Next Big Trends in Waste Management Market 2026 (Size, Share and Strategies)

The global market for waste management is expected to expand at a CAGR of 7.5 percent between 2018 and 2026

According to a new market research report published by Credence Research, "Waste Management Market (by Waste Type (Industrial Waste, Municipal Waste, E-waste, Bio-medical Waste, Other Waste Types), by Service Type (Collection & Segregation, Disposal), by Geography (North America, Europe, Asia Pacific, and Rest of the World)) - Growth, Future Prospects and Competitive Landscape, 2018 - 2026," The global market for waste management is expected to expand at a CAGR of 7.5 percent between 2018 and 2026. The rates of waste generation are on the rise. This must be collectively credited to enhancing consumer living standards, industrialization, urbanization, and also evolving digital habits. According to World Bank statistics, the world's cities collectively generated 2.01 billion tons of solid waste, equivalent to a footprint of 0.74 kilograms / person per day in 2016. With economic development, population growth and consequent urbanization, annual waste generation is expected to rise by more than 70 percent from 2016, reaching 3.40 billion tons in 2050.

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Compared to developed economies, people in developing countries, particularly urban poor, are severely affected by the unsustainably managed waste that is either openly incinerated or disposed of in unregulated dumps. By serving a ground for disease vectors and changing global climate through methane generation, such practices have led to serious health and environmental consequences. Thus, one of the major factors driving market growth is the overriding need to manage, control, and recycle waste that is rising due to scrap landfill and incineration.

In addition, government regulations with respect to waste collection and recycling along with initiatives like ‘Smart City’ by the governments will heightened the need for efficient waste management worldwide.

On the flip side, high costs associated with waste management, particularly for buying high-end recycle machineries along with inadequate infrastructure for waste collection, transport, process, and disposal in developing economies are hindering the market growth. Effective and efficient waste management is expensive, often comprising 25% – 55% of municipal budgets and requiring integrated systems that are sustainable, efficient, and socially supported. However, growing awareness regarding its environmental impact and consequent health effects, demand for waste management services is expected to increase in the coming years.

Waste Management Market

The global waste management market is fragmented and characterized by the presence of firms involved in scrap collection, treatment, processing as well as recycling. 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.

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1. Preface

2. Executive Summary

3. Global Waste Management Market Analysis

4. Global Waste Management Market Value, by Waste Type , 2016 – 2026 (US$ Bn)
4.1. Comparative Analysis
4.1.1. Waste Management Market Value, by Waste Type, 2017 & 2026 (Value %)
4.2. Industrial Waste
4.3. Municipal Waste
4.4. E-waste
4.5. Bio-medical
4.6. Other Waste

5. Global Waste Management Market Value, by Service Type , 2016 – 2026 (US$ Bn)
5.1. Comparative Analysis
5.1.1. Waste Management Market Value, by Service Type, 2017 & 2026 (Value %)
5.2. Collection & Segregation
5.3. Disposal

10. Company Profiles
10.1. Advanced Disposal Services
10.2. Waste Harvesters, Inc.
10.3. Biffa Group
10.4. Clean Harbors, Inc.
10.5. Remondis AG & Co. Kg
10.6. Suez Environment S.A.
10.7. Covanta Holding Corporation
10.8. Hitachi Zosen Corporation
10.9. Daiseki Co. Ltd.
10.10. Veolia Environment S.A.
10.11. Waste Management, Inc.

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