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Waste Management Market Sales to Generate $530.0 Billion by 2025, Globally--Allied Market Research

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Allied Market Research

03 Sep, 2019, 14:00 GMT

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PORTLAND, Oregon, Sept. 3, 2019 /PRNewswire/ -- According to a new report published by Allied Market Research, titled, "Waste Management Market by Waste Type and Service: Global Opportunity Analysis and Industry Forecast, 2018–2025," the global waste management market size accounted for $330.6 billion in 2017, and is expected to reach $530.0 billion by 2025, growing at a CAGR of 6.0% from 2018 to 2025. In 2018, Europe dominated the global market, in terms of revenue, accounting for about 39.0% share of the global waste management market, followed by North America.

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Download Sample Report: https://www.alliedmarketresearch.com/request-sample/423

Increase in environmental awareness, rapid industrialization, surge in population, and rise in urbanization foster the growth of the global waste management market. In addition, implementation of stringent government norms toward open dumping is expected to fuel the market growth. The other key factors that boost the growth of the waste management market include growth in adoption of recycling techniques and development of innovative technologies and advanced waste collection solutions to enhance collection processes.

Leading market players such as Clean Harbors, Inc., Waste Management Inc., Suez Environment S.A., and Advanced Disposal Services with diverse products offerings seek growth opportunities in the global waste management market to consolidate their position. The global waste management market is projected to exhibit a notable growth by 2025. In addition, uncollected waste and dumping are impacting on health directly or directly, which is expected to increase demand for waste management services.

Based on service, the waste management market is bifurcated into collection services and disposable services. Disposal service is expected to reach $287.4 billion by 2025, growing at a CAGR of 6.9% during the forecast period.

According to Vivek Banik, Lead Analyst, Construction and Manufacturing at Allied Market Research, "Increase in urbanization coupled with deterioration of environment to support industrial development augment the demand for waste management services, thereby driving the growth of the market. In addition, robust increase in municipal waste, owing to rapid rise in population boost the development of the waste management industry."

Europe accounted for the highest market share in the waste management market in 2017, and is expected to maintain its dominance throughout the forecast period, owing to technological leadership and implementation of stringent government regulations toward waste management in the region. However, Asia-Pacific is expected to emerge as a lucrative area with maximum growth potential, owing to the rapidly developing industrial infrastructure and rise in awareness among consumers and companies regarding waste management.

Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/423

KEY FINDINGS OF THE STUDY

  • The municipal waste segment generated the highest revenue in 2017, and is projected to grow at a CAGR of 5.8% during the forecast period.
  • The disposal services sector is expected to grow at a significant CAGR of 6.9% during the forecast period.

The major players profiled in the report include Advanced Disposal Services, Biffa Group, Clean Harbors, Inc., Covanta Holding Corporation, Daiseki Co. Ltd., Hitachi Zosen Corporation, Remondis AG & Co. Kg, Suez Environment S.A., Veolia Environment S.A., Waste Management Inc. The parameters considered for the representation are geographical outreach, key strategies adopted, and their focus on the waste management segment offerings for residential and nonresidential sectors.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Explore Similar Reports:

E-Waste Management Market is Expected to Reach $49.4 Billion, Globally, by 2020

Global Waste to Energy Market Expected to Reach $27,700.8 Million by 2025

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
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Fax: +1(855)550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com

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