The global waste management market size is expected to reach USD 3,225.72 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising concerns regarding waste management across the world, rapid urbanization, economic development, and increasing global population. Steady and increasing generation of vast volumes of waste is driving urgent need for more effective and efficient waste management facilities and solutions. Rising volumes of hazardous chemical wastes generated by healthcare, pharmaceuticals, and manufacturing industries is expected to boost utilization of waste management facilities to minimize environmental degradation during the forecast period. Improper treatment of municipal waste is contaminating oceans, transmitting diseases, clogging drains, causing flooding, and resulting in increasing respiratory problems from burning. Untreated manufacturing wastewater introduces toxic heavy metals into the environment or leads to an explosion of oxygen-depleting algae, which eventually kills marine life and potentially harm plants and animals throughout the food chain. Rising levels of greenhouse gases generated from solid waste is a key contributor to climate change. These factors are contributing to increasing need to adopt more effective and proper waste management solutions to achieve sustainable development goals. Limited availability of landfill sites in overpopulated countries coupled with growing initiatives to minimize the use of landfills due to negative impact on the environment and to overall human, animal, and plant health are key factors boosting the need for effective waste recycling.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Waste Management business sector. According to our expert team, the coronavirus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Waste Management industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdown restrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businessesโ progress in this sector and disrupted the global supply chains.
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ย Key companies profiled in the report include:
Biffa Group, Clean Harbors, Inc., Covanta Holding Corporation, Daiseki Co., Ltd., Hitachi Zosen Corporation, REMONDIS SE & Co. KG, Suez Environment S.A., Veolia Environnement S.A., Waste Management, Inc., and Republic Services, Inc
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Waste Management market?
What are the key product types and applications of the Waste Management industry?
What is the outcome of SWOT analysis and Porterโs Five Forces analysis?
How is the competitive landscape of the Waste Management market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Waste Management Market by 2027?
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ย Market Segmentation
Type Outlook (Revenue, USD Billion; 2018โ2028)
- Industrial Waste
- Municipal Waste
- Hazardous Waste
- Bio-medical Waste
Service Outlook (Revenue, USD Billion; 2018โ2028)
- Collection Service
- Collection & Transportation
- Storage & Handling
- Sorting
- Disposable Service
- Landfills
- Recycling
- Composting & Anaerobic Digestion
- Collection Service
Regional Outlook (Revenue, USD Billion; 2018โ2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Spain
- Ireland
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- North America
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis coversย North America, Latin America, Europe, Asia Pacific, and Middle East Africa.ย The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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