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Waste Management Market to Reach $484.9 Billion by 2025, at 6.0% CAGR, Says AMR

06-05-2019 09:03 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Waste Management Market to Reach $484.9 Billion by 2025, at 6.0%

Rapid growth in urban population, rise in environmental awareness, and stringent government regulation toward illegal dumping are the major drivers of the waste management market. However, lack of awareness in the developing countries hampers market growth. On the contrary, high growth potential in emerging countries is expected to create lucrative opportunities in the near future.

According to the report, the global waste management market was pegged at $303.6 billion by 2025 and is expected to reach $484.9 billion by 2025, registering CAGR of 6.0% from 2018 to 2025.

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The market is divided on the basis of type, service, and opportunities. Based on type, the market is divided into municipal and industrial. The municipal segment held the largest share in 2017, contributing more than half of the market, owing to rise in amount of municipal waste and illegal dumping due to increase in urban population growth. However, the industrial waste segment is expected to manifest the fastest CAGR of 6.2% during the forecast period.

On the basis of service, the market is segmented into collection and disposal. The disposal segment is expected to register the fastest CAGR of 6.9% during the study period, owing to rise in environmental awareness toward hygiene. Moreover, the segment held the largest share in 2017, contributing about half of the market share.

Based on geography, the market is divided into Asia-Pacific, LAMEA, Europe, and North America. Europe region held the largest share in 2017, contributing about one-third of the market share. However, the Asia-Pacific region is expected to grow at the fastest CAGR of 6.6% through 2025.

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The major market players are included in the report, such as Advanced Disposal Services, Clean Harbors, Inc., Daiseki Co. Ltd., Remondis AG & Co. Kg, Suez Environment S.A., Biffa Group, Covanta Holding Corporation, Hitachi Zosen Corporation, Veolia Environment S.A., and Waste Management Inc.

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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.

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