Waste Management Market Size, Analysis, Key Segments, Share, Growth, and Forecast 2023 to 2031

The recent report by Astute Analytica on the Global Waste Management Market covers all the factors which will impact the market in the coming years. The report discusses several sections, such as COVID-19 impact, shareholding segments, etc. Moreover, it also outlines the list of past innovations and ongoing events to give an overview of the trends.

The Waste Management Market is expected to grow at a CAGR of roughly 7.10% over the forecast period and will reach US$ 7870.901 Million in 2027 from US$ 5215.4 Million in 2021.

Factors Affecting the Market 

Technology is maintaining a vital place across all industrial verticals, including healthcare, automotive, construction, etc. Companies leverage cloud and service-based services to propel innovation and bring significant revolution. Thus, it will drive the growth of the Global Waste Management Market during the forecast period.  

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Growing investments in this market are expected to boost the growth of the overall market. For instance, the US Federal Government set aside $58.4 billion budget for IT at civilian Federal agencies in 2022, which is an increase of 2.4 percent from 2021. 

COVID-19 Impact Analysis 

The COVID-19 outbreak forced many organizations to adapt to digital methods, which rapidly accelerated digital transformation. Work environments changed abruptly as remote work became the new normal among organizations. As a result, it is forecast to strengthen the potential scope of the waste management market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.  

Regional Analysis 

By Waste Type:

• Municipal Waste
• Industrial Waste
• Hazardous Waste
• Others

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By Waste Handling Method:

• Collection Services
  • Storage & Handling
  • Sorting
  • Collection & Transportation
• Disposal Services
  • Recycling
  • Incineration
  • Landfill
  • Compositing & anaerobic digestion
  • Others

By Material:

• Paper & Paperboard
• Plastics
• Metals
• Glass
• Food
• Others

Key Players Insights

The major players profiled in the report include Waste Management Inc., Veolia Environnement, Suez, Republic Services, Inc., Remondis Se & Co. Kg, Hitachi Zosen Corporation, Daiseki Co., Ltd., Covanta Holding Corporation, Clean Harbors, Inc. and Biffa Plc. Companies are adopting various competitive strategies to acquire the majority of the market share in the global marketplace. 

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

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