Waste Management Global Industry Guide 2020-2029
Global Waste Management industry profile provides top-line qualitative and quantitative summary information including: Industry size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.
Key Highlights
- Waste management involves a comprehensive set of activities designed to handle waste materials effectively, ensuring environmental protection, public health, and resource conservation.
- By type, the market is segmented into MSW, medical and biomedical waste, electronic waste (e-waste), and industrial waste. The market scope excludes hazardous wastes such as explosives, flammable liquids/solids, or substances, oxidizing substances, etc. MSW covers wastes collected from households, commercial complexes, office buildings, and institutions. Medical and biomedical waste includes general solid medical waste. Electronic waste (e-waste) includes IT and telecommunication equipment, and household equipment. The industrial segment covers chemical, manufacturing, and industrial waste.
- The market volume represents the collected/treated waste. The market value is calculated by multiplying the collection & and disposal costs by the volume of the waste collected/treated.
- All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global waste management industry recorded revenues of $2,233,913.2 million in 2024, representing a compound annual growth rate (CAGR) of 3.2% between 2019 and 2024.
- Industry consumption volume increased with a CAGR of 2.5% between 2019 and 2024, reaching a total of 27,305,032.4 thousand tonnes in 2024.
- North America accounted for 42.2% of the global waste management industry in 2024, followed by Asia-Pacific with 39.9% share and Europe with 16.4% share.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global waste management Industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global waste management Industry
- Leading company profiles reveal details of key waste management Industry players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global waste management Industry with five year forecasts by both value and volume
- What was the size of the global waste management Industry by value in 2024?
- What will be the size of the global waste management Industry in 2029?
- What factors are affecting the strength of competition in the global waste management Industry?
- How has the Industry performed over the last five years?
- What are the main segments that make up the global waste management Industry?
Global waste management industry has grown weakly between 2013 and 2017. The industry is expected to continue growing modestly toward 2022. Europe is the largest region for the global waste management industry, accounting for 42.5% of global industry value. This is due to the national targets which Europe has implemented to encourage recycling and reuse, resulting in the individual countries putting in individual measures including plastic bag charges and deposits on plastic bottles which are refunded when the empty bottle is returned.
Key Highlights
- Global waste management industry grew by 1.8% in 2017 to reach a value of $81,699.7 million.
- In 2022, the global waste management industry is forecast to have a value of $88,739.9 million, an increase of 8.6% since 2017.
- The global waste management industry grew by 1.2% in 2017 to reach a volume of 1,372 million tonnes.
- In 2022, the global waste management industry is forecast to have a volume of 1,473.1 million tonnes, an increase of 7.4% since 2017.
- Europe accounts for 42.5% of the global waste management industry value.
Growth in this industry has been volatile over the last five years, peaking at 2.3% in 2014 and dropping to 0.8% the following year. This is mainly driven by the recycled sector due to the cheap cost of oil, resulting in the price of virgin materials undercutting recycled goods. Various countries also introduced landfill taxes and other charges which impacted the value of this industry. Volume growth has remained stable despite various countries implementing goals to lower waste. They have generally increased with population and economic growth.
