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Waste Management Market Forecast 2030: The Ultimate Guide Can be Extremely Beneficial to Business |

08-16-2023 02:37 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Waste Management Market

Waste Management Market

Waste management is the process of gathering, moving, discarding, recycling, and treating various waste materials produced by human activity. To reduce the harmful effects incorrect garbage disposal has on the environment, human health, and society, effective waste management is crucial.

To guarantee that garbage is managed in a sustainable and responsible manner, a variety of tactics and procedures are used.

The global waste management market size was valued at $1,612.0 billion in 2020, and is expected to reach $2,483.0 billion by 2030, registering a CAGR of 3.4% from 2021 to 2030. In 2020, Asia-Pacific region dominated the global waste management market, in terms of revenue, accounting for about 58.0% share of the global waste management industry, followed by Europe and LAMEA

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Top Companies Outlook:
The major players profiled in the waste management market include Biffa Plc, Clean Harbors, Inc., Covanta Holding Corporation, Daiseki Co., Ltd., Hitachi Zosen Corporation, Remondis Se & Co. Kg, Republic Services, Inc., Suez, Veolia Environnement, Waste Management Inc.

The global waste management market is segmented on the basis of type, service, and region. On the basis of type, the market is divided into municipal waste, industrial waste, and hazardous waste. On the basis of services, it is classified into collection services and disposable services. The collection services segment is sub segmented into collection & transportation, storage & handling, and sorting. The disposable services segment is further segregated into landfills, recycling, compositing & anaerobic digestion and others.

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Regional Analysis:
Region wise, the waste management market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Russia, Spain, Italy, Denmark, Norway, Ireland, Portugal, Greece and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Findings Of The Study
• By type, the industrial segment was the highest revenue contributor in 2020.
• By service, the disposable segment generated the highest revenue in 2020.
• Region wise, Asia-Pacific garnered the largest waste management market share in 2020

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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.

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