Waste Management Market Projected to Witness Vigorous Expansion by 2028

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 report is a comprehensive research study of the global Waste Management market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

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Key companies operating in the Waste Management market 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 market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Waste Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Critical understanding of the key market segments

• Comprehensive analysis of the drivers, restraints, trends, and opportunities

• Comprehensive analysis of the competitive scenario and its changing dynamics

• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis

• In-depth 8-year analysis of the Global Waste Management Market

• Detailed regional analysis and extensive company profiling

• Extensive assessment of current and emerging trends of the market

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Waste Management Market Segmentation:

• Type Outlook (Revenue, USD Billion; 2018–2028)

  • Industrial Waste

  • Municipal Waste

  • Hazardous Waste

  • Bio-medical Waste

• Service Outlook (Revenue, USD Billion; 2018–2028)

  • Collection Service

    1. Collection & Transportation

    2. Storage & Handling

    3. Sorting

  • Disposable Service

    1. Landfills

    2. Recycling

    3. Composting & Anaerobic Digestion

• Regional Outlook (Revenue, USD Billion; 2018–2028)

  • North America

    1. U.S.

    2. Canada

    3. Mexico

  • Europe

    1. Germany

    2. France

    3. U.K.

    4. BENELUX

    5. Italy

    6. Spain

    7. Ireland

    8. Rest of Europe

  • Asia Pacific

    1. China

    2. Japan

    3. South Korea

    4. India

    5. Rest of APAC

  • Latin America

    1. Brazil

    2. Rest of LATAM

  • Middle East & Africa

    1. Saudi Arabia

    2. UAE

    3. South Africa

    4. Rest of MEA

Waste Management Market Segmentation by Regions:

• North America (U.S., Canada)

• Europe (U.K., Italy, Germany, France, Rest of EU)

• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

• Latin America (Chile, Brazil, Argentina, Rest of Latin America)

• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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