Global Waste Management Market
GMI Research’s recent analysis, global waste management market, forecast to 2027, analyzes the trends in this market and how they are evolving across the different key geographic regions of the world. The increasing industrialization, rapid urbanization and rising population rate are the key factors driving the growth of the global waste management market.
Introduction of the Waste Management Market:
Waste management comprises activities and actions needed to control waster ranging from its inception to its final disposal. It consists of activities that include transportation, the collection of garbage, treatment, and disposal of the waste. This method uses waste materials as a valuable resource and allows safe disposal of the used materials and products.
Waste Management Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The increasing industrialization, rapid urbanization, rising population rate, and growing environmental awareness globally are the key factors surging the growth of the global waste management market size. A significant increase in the emission of greenhouse gases since the industrial revolution has been observed. Moreover, the major factors fuelling the growth of the waste management industry include the growing usage of multiple modes of media to increase environmental awareness among individuals such as water and air pollution, conservation of fuel and energy resources, global warming, the negative implication of the use of polythene and plastics, and overutilization of fertilizers. According to waste management industry analysis, there has been an upsurge in the demand of the market during the forecast period due to the rising implementation of environment-friendly methods, such as the use of low power appliances, planting trees, usage of less paper, work from home, conference calls, and proper waste management across global organizations. The eco-friendly waste disposal services are used by various waste removal companies, which will reduce the intensity of the greenhouse effect and help bring a cleaner and greener environment. The growing environmental awareness is propelling the growth of the global waste management market share in terms of revenue.
Based on the region, Europe is expected to dominate the market during the forecast period. The Wate Management market statistics illustrates that the various initiatives taken by the government for proper management of waste and increased adoption of advanced technology for waste management services are some factors bolstering the growth of the market in the region. Additionally, the Asia-Pacific region is anticipated to grow at a higher CAGR during the forecast period due to the rising population and urbanization in developing countries, such as India and China. Furthermore, the government of the Asian countries is also taking initiatives to maintain health safety, which will further accelerate the growth of the market in the region.
Key Players of the Global Waste Management Market:
- Advanced Disposal Services, Inc
- Biffa Group Ltd
- Clean Harbors, Inc.
- Covanta Holding Corporation
- Daiseki Co. Ltd
- Hitachi Zosen Corporation
- Remondis SE & Co. KG
- Veolia Environnement S.A.
- Suez Environment S.A.
- WM Intellectual Property Holdings, L.L.C.
Waste Management Market Segmentation:
Segmentation by Waste:
- Municipal Waste
- Industrial Waste
- Hazardous Waste
Segmentation by Service:
- Collection
- Disposal
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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