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Home Artificial Intelligence

Waste Management Market Development Projects Steady CAGR of 5.12 Percent by 2030

January 22, 2025
in Artificial Intelligence, OpenPR, Web3
Reading Time: 8 mins read
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Waste Management Market

Waste Management Market

The 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at USD 491.81 billion in 2023 and is projected to reach USD 697.58 billion by 2030, growing at a CAGR of 5.12% from 2024 to 2030. This growth is driven by the increasing demand for sustainable waste management solutions and the growing need for efficient recycling and disposal methods across various industries.

𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Waste management refers to the collection, transportation, treatment, and disposal of waste materials. The industry addresses the proper handling of solid, liquid, and gaseous waste, including bio-medical, hazardous, and e-waste. As urbanization increases and environmental concerns rise, waste management has become a critical focus. With rising population densities and the expansion of industries, waste management processes have become more sophisticated, utilizing advanced technology to recycle, compost, and reduce landfill use. The demand for eco-friendly waste solutions is rising, propelling market growth globally.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:https://www.stellarmr.com/report/req_sample/Waste-Management-Market/419 

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:

The Waste Management Market is fueled by the rapid increase in e-waste generation, growing urbanization, and rising consumer awareness regarding environmental sustainability. The shorter life cycle of electronic gadgets has contributed to the rise in e-waste, prompting the need for specialized recycling processes. Additionally, governments worldwide are implementing stricter regulations, encouraging recycling and proper waste management. Increased adoption of sustainable practices and the demand for cleaner, greener cities further boost the market. The growing focus on reducing carbon emissions and waste from landfills is also driving demand for advanced waste disposal and recycling technologies.

𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

A significant trend in the Waste Management Market is the rise of smart waste management systems. These systems use technology, such as sensors and IoT (Internet of Things), to monitor and optimize waste collection, recycling, and disposal processes. Moreover, the recycling and incineration segments are witnessing technological innovations, leading to more efficient waste treatment and energy recovery. Another key trend is the shift towards circular economy practices, where materials are recycled and reused, reducing the reliance on landfills. As environmental concerns continue to grow, more companies are investing in green technologies and processes to make waste management more sustainable.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.stellarmr.com/report/enquire_now/Waste-Management-Market/419

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam’s waste management market is expanding due to increasing urbanization and government initiatives to reduce environmental pollution. Vietnam Waste Solutions Ltd. partnered with international firms to develop advanced recycling facilities. Public-private partnerships are driving the implementation of modern waste processing systems.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand is witnessing an upsurge in waste management practices, particularly in urban areas and industrial zones. Thai Eco Solutions introduced innovative waste-to-energy plants in 2023, targeting industrial and municipal sectors. The government’s push for reducing plastic waste is fostering the adoption of sustainable practices.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan remains a global leader in waste management innovation, with a strong focus on recycling and energy recovery. Companies like Hitachi Zosen Corporation have pioneered technologies for waste-to-energy conversion and plastic recycling. Japan’s advanced regulatory framework promotes high efficiency in waste management.

𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea’s waste management market is undergoing consolidation, with leading firms acquiring smaller companies to enhance service capabilities. Korea GreenTech Ltd. acquired Seoul Recycle Systems, expanding its portfolio in hazardous and municipal waste processing. The government’s focus on eco-friendly waste disposal methods is reshaping the market.

𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore is advancing its waste management market with a focus on high-tech and automated solutions. Singapore Smart Waste Solutions collaborated with European manufacturers to introduce AI-enabled sorting systems for recycling facilities. The government’s zero-waste masterplan is driving innovation and adoption of sustainable practices.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The United States remains a key player in the waste management market, driven by advanced waste processing infrastructure and rising recycling rates. Waste Management Inc. launched innovative composting and recycling solutions in 2023, targeting urban and industrial areas. Federal support for green initiatives is propelling market growth.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe’s waste management market is thriving, supported by stringent environmental regulations and the EU’s focus on a circular economy. Companies like Veolia and SUEZ are leading advancements in waste recycling and sustainable practices. The European Union’s Green Deal is fostering significant investments in waste management infrastructure.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

Vietnam Waste Solutions Ltd. partnered with global firms to expand recycling facilities.
Thai Eco Solutions introduced waste-to-energy plants for industrial and municipal applications.
Hitachi Zosen Corporation pioneered new waste-to-energy technologies in Japan.
Korea GreenTech Ltd. acquired Seoul Recycle Systems, consolidating its market position in South Korea.
Singapore Smart Waste Solutions developed AI-enabled sorting systems in collaboration with European manufacturers.
Waste Management Inc. launched innovative composting and recycling solutions in the United States.
Veolia and SUEZ expanded their portfolios with sustainable waste management technologies in Europe.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.stellarmr.com/report/req_sample/Waste-Management-Market/419

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:

by Waste Type

E-waste
Plastic waste
Bio-medical waste
Hazardous waste
Others

by Service Type

Landfill
Recycling
Incineration
Open Dumping
Composition & Anaerobic Digestion

by End-use Industry

Commercial
Industrial
Residential

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Waste-Management-Market/419

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

Clean Harbors Inc. (United States)
Daiseki Co. Ltd. (Japan)
Waste Management Inc. (United States)
Suez Environment S.A. (United States)
Advanced Disposal Services (United States)
Veolia Environment S.A (France)
Republic Services Inc. (United States)
Covanta (United States)
Biffa Group (United Kingdom)
Recology (United States)
Keppel Segher (Qatar)
Others (*List of Key Players is not Exhaustive)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

♦ Coagulation Analyzers Market https://www.stellarmr.com/report/Coagulation-Analyzers-Market/650
♦ Digital Medicine Market https://www.stellarmr.com/report/Digital-Medicine-Market/676
♦ Microtome Market https://www.stellarmr.com/report/Microtome-Market/683
♦ Outpatient Surgical Procedures Market https://www.stellarmr.com/report/Outpatient-Surgical-Procedures-Market/701
♦ Exosome Research Market https://www.stellarmr.com/report/Exosome-Research-Market/745
♦ Cell Culture Media Market https://www.stellarmr.com/report/Cell-Culture-Media-Market/801

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

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