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The waste management market is projected to attain a value of $703.9 billion by 2030, with an expected CAGR of 4.9% from 2023.<br><br>
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Waste Management Market to be Worth $703.9 Billion by 2030
Global Waste Management Market – 2023-2030 Meticulous Research® has released an insightful 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.' This report projects that the global waste management market will reach $703.9 billion by 2030, with a CAGR of 4.9% over the forecast period. Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5583 The growth of the market is attributed to stringent waste management regulations, growing consumer awareness about environmental issues, and the increasing adoption of advanced waste management technologies. Additionally, ongoing technological advancements and targeted initiatives for e-waste management are expected to offer significant growth opportunities. Despite these favorable conditions, the market faces challenges such as high capital investment requirements and inadequate waste disposal infrastructure in ASEAN countries. The cost associated with recycling electronic devices is also a major challenge. However, emerging trends such as advancements in waste-to-energy technologies and the rise of intelligent waste management solutions are expected to propel market growth. The report segments the waste management market by waste type, waste management method, and source. It also provides a thorough analysis of market dynamics, including competitive analysis and trends at regional and country levels. Waste Type Segmentation: The waste management market is divided by waste type into hazardous waste, industrial waste, municipal solid waste, e-waste, plastic waste, biomedical waste, and other categories. By 2024, hazardous waste is expected to dominate the market due to factors such as population growth, increased consumption of goods and services, and the rise in chemical product trade. The growing use of oils and pesticides and the increase in hazardous content in household waste further contribute to the market dominance of hazardous waste. Waste Management Method Segmentation: The market is segmented by waste management methods into landfilling, recycling, incineration, biological reprocessing, waste-to-energy, and other techniques. Landfilling is anticipated to lead the market in 2024, owing to increased awareness of waste disposal practices and the advantages Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com
Global Waste Management Market – 2023-2030 of landfilling, such as well-managed facilities that mitigate environmental risks. Strategic landfill placement and environmental monitoring systems are crucial for maintaining public health and enhancing landfilling’s market share. Source Segmentation: The market is segmented by source into residential, commercial, municipal, and industrial categories. The industrial segment includes sub-segments such as food & beverage, automotive, semiconductor & electronics, BFSI, aerospace & defense, machinery & metal, pharmaceutical, and other industries. The residential segment is projected to capture the largest market share by 2024, driven by factors such as population growth, urban and rural development, changing lifestyle patterns, and shifts in household consumption behaviors. Regional Market Analysis: The waste management market is also analyzed across regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to account for the largest market share by 2024, followed by North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific’s market leadership is attributed to rapid advancements in waste management technologies and proactive government initiatives promoting zero waste policies. These factors are anticipated to boost public awareness and drive market growth in the region. 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? Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com
Global Waste Management Market – 2023-2030 • 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? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com