글로벌 폐기물 관리 시장 – 2022-2029년

Market Overview
The global waste management market reached US$ XX million in 2021 and is expected to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of 5.6% during the forecast period (2022-2029).
Waste management involves processing solid waste and safely and effectively removing unwanted items and chemicals. Trash management encompasses all types of waste, including liquid, gaseous and solid. Waste management handles all types of rubbish, including hazardous, municipal and industrial. Industrial waste is waste generated during production and manufacturing processes in industries.
The chemical, paint, pharmaceutical and medical industries create hazardous waste. Furthermore, great efforts are made to collect and dispose of rubbish. Sorting, storing and transporting waste are all included in waste collection services.
Market Dynamics
Technology improvements drive the global market for waste management, shorter product life cycles, an increase in e-waste and increased government attempts to stop illegal dumping. The lack of the necessary garbage collection and sorting framework could impede industry expansion.
Technological advancements and shorter product life cycles have increased e-waste
A product's typical life cycle includes the creation, launch, growth, maturation and disposal or recycling phases. Recycling is influenced by the end of an electrical product's life cycle, technical development or shifting consumer preferences. Rapid technical advancements lead to new electronic gadgets and enhanced versions of dated products like laptops, mobile phones and televisions.
Similarly, as people's buying ability increases, so does the usefulness of technical advancements. At the end of the year, new models of mobile phones and other electronic devices are released and the older units are either discarded or sold for reuse online. More and more e-waste is produced as the lifespan of electronic products decreases. Electronic waste management is necessary due to the accumulation of electronic waste.
Government initiatives to curb unlawful dumping
Due to proactive government efforts to stop unlawful dumping, the world market is expanding. Globalization and population growth have also raised the total volume of waste. Growing industries, including those in the chemical, oil and gas, automotive and medical fields, have emerged due to increased industrialization in developing nations like Taiwan, China and India, contributing significantly to environmental pollution.
Rising public and governmental awareness of waste management solutions and a growing need for waste-to-energy solutions are expected to offer market participants appealing growth expansion during the forecast period.
A lack of the requisite framework for garbage collection and separation
It takes proper waste collection and categorization to recycle trash, plastics and other materials like paper, metals and wood. People who reside close to polluted areas or landfills may experience major health effects due to improper rubbish disposal. Inadequately managed wastes can result in skin rashes, blood infections, respiratory troubles, growth disorders and even reproductive problems.
In developed nations like U.S., Australia, Japan and Germany, waste management systems have been successfully established, enabling adequate waste treatment and guaranteeing beneficial effects through recycling. Solid waste management is impacted by unethical practices such as disposing of electronic waste, ineffective rubbish collection and unscientific treatment. Therefore, environmental degradation, water pollution, soil pollution and air pollution become issues that restrain the expansion of the waste management industry.
COVID-19 Impact Analysis
Due to rising public awareness of the negative effects of trash and the need for superior waste management systems worldwide, the waste management industry was expanding rapidly in several developing countries back in 2018. According to The World Bank's public figures, with 242 million tonnes produced in 2016, plastic garbage made up 12% of all municipal solid waste worldwide.
The virus spread as a result of the COVID-19 outbreak. Thus, several nations enacted lockdowns; as a result, public agencies and municipal garbage operators were compelled to immediately modify their waste management systems and procedures, which hindered the worldwide waste management industry during the pandemic period.
Segment Analysis
By waste type, the waste management market is segmented into industrial waste, municipal solid waste and e-waste.
Growing demand for reducing carbon emissions drives the municipal solid waste segment
Rapid economic growth, urbanization and population growth have all contributed to an increase in resource consumption. Globally speaking, there is currently a lack of a comprehensive waste and resource management strategy that considers the full process of product design, raw material extraction, manufacture, consumption, recycling and trash treatment.
Due to a lack of land for efficient waste disposal and an emphasis on resource and energy recovery, the industry is expanding. Additionally, there are tremendous opportunities for market expansion due to the rising purchase of recyclable goods. The global waste management business's expansion is driven by proactive government attempts to stop illegal dumping. Recycled resources are used to create products of the future. Urbanization is growing, urban transportation is changing and the desire to reduce carbon emissions is all driving this market segment.
Geographical Analysis
The rising disposable income and growing demand for packaged food in Asia-Pacific
Due to Asia-Pacific, the waste management market has seen tremendous growth. One of the main factors influencing the waste management market in the region is the region's growing population. Other important factors include the high disposable income and increased demand for packaged food goods. Marine plastic contamination originates primarily in Asia-Pacific. The materials under question are plastic bottles, plastic bags, single-use plastic items and packaging.
Furthermore, rising consumption and production patterns impact waste streams since they are closely related to rising levels of wealth and well-being among urban dwellers. In low- and middle-income nations, the creation of municipal solid waste is particularly prevalent. These nations are producing rubbish at an accelerated rate and the trend is projected to continue for at least the next ten years.
Competitive Landscape
The demand for trash management services has increased significantly, especially in developing countries. It has given numerous important players tremendous opportunities to provide cutting-edge waste management services at a lower cost. Most players are concentrating on acquisition and teamwork to increase their global presence.
Major global waste management market companies include Veolia Environment S.A, Suez, Waste Management Inc, FCC Environment CEE, Hitachi Zosen Corporation, Aplicaciones Mecánicas Del Caucho S.A., Covanta Holding Corporation, Biffa Group Limited, Daiseki Co., Ltd and Remondis SE & Co.KG
Biffa Group Limited
Overview: To support UK's circular economy, Biffa has been expanding its waste management services for the past 100 years. These services include collection, surplus distribution, recycling, treatment, disposal and energy generation for many UK business sectors, including manufacturing, retail and hospitality.
By investing in waste energy infrastructure, excess redistribution and low-carbon collections, the company has made tremendous strides in its sustainability journey, which has resulted in a 70% reduction in carbon emissions since 2002. The business is active in 76 waste-processing facilities in UK.
Product Portfolio: Paper, plastic, wood, glass, food, soil, metal, aggregates, textiles, waste WEEE and hazardous waste are just a few of the waste kinds that the company processes. The company prioritizes the reuse and recycling of resources, together with recovery and landfilling.
Key Development: The Collections division of Viridor, as well as some Recycling assets, were acquired by Biffa in September 2021. The acquisition will extend Biffa's I&C collections operations and recycling capabilities, growing the group's client base and solidifying its sustainable UK waste management leadership position.
Why Purchase the Report?
• Visualize the waste management market segmentation by waste type, services and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the waste management market by analyzing trends and co-development deals.
• Excel data sheet with thousands of waste management market-level 4/5 segmentation points.
• Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players
The global waste management market report would provide access to an approx. 53 market data table, 41 figures and 202 pages.
Target Audience 2022
• Waste Management Providers/Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Emerging Companies
• Waste System Manufacturers