Municipal Solid Waste Management Market Report, Size, Share, Growth, Trends, Forecast to 2033

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The new report published by The Business Research Company, titled Municipal Solid Waste Management Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the municipal solid waste management market size has grown steadily in recent years. It will grow from $113.35 billion in 2023 to $118.27 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The municipal solid waste management market size is expected to see steady growth in the next few years. It will grow to $140.73 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%.

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What Is Driving The Growth Of The Global Municipal Solid Waste Management Market?

Increasing Industrialization Boosts Growth In The Municipal Solid Waste Management Market
The increasing industrialization in developing economies is expected to propel the growth of the municipal solid waste management market going forward. Industrialization is the process of developing industries on a large scale, characterized by the transition from agrarian economies to ones focused on manufacturing and production, often involving technological advancements and significant changes in labor and economic structures. The increasing industrialization is driven by the pursuit of economic growth, job creation, and enhanced infrastructure, as well as the need to diversify economies and improve living standards through technological advancements and investment. Municipal solid waste management supports industrialization by providing efficient waste disposal and recycling systems, which help maintain environmental sustainability and public health as industries expand and urbanize. For instance, in July 2023, according to Eurostat, a Luxembourg-based government statistical agency, in May 2023, seasonally adjusted industrial production in the European area rose by 0.2%, while in the European Union, it increased by 0.1% compared to April 2023. Therefore, the increasing industrialization in developing economies is driving the growth of the municipal solid waste management market.

What Is The Key Trend In The Global Municipal Solid Waste Management Market?

Innovations In Waste Management Programs Enhancing Municipal Solid Waste Management Market
Major companies operating in the municipal solid waste management market are focusing on developing advanced products, such as digital knowledge platforms, to gain a competitive edge in the market. Digital knowledge platforms for solid waste management provide tools and resources to improve the efficiency, effectiveness, and sustainability of waste management practices. For instance, in March 2023, the Association of Southeast Asian Nations (ASEAN), an Indonesia-based inter-governmental international organization, partnered with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, a Germany-based organization, to launch a three-year regional project called Municipal Waste Management Enhancement (AMUSE). ASEAN Municipal Solid Waste Management (AMUSE) aims to improve environmental quality in small and medium-sized cities in the ASEAN region by optimizing waste disposal and recycling. The project includes the development of a new ASEAN-wide digital knowledge platform. This platform will provide sustainable knowledge, training, dialogue formats, and standards for optimizing municipal waste management and recycling for both public and private stakeholders.

How Is The Global Municipal Solid Waste Management Market Segmented?
The municipal solid waste management market covered in this report is segmented -

1) By Product Or Type: Recycling, Composting, Incineration, Landfill
2) By Waste Type: Paper And Paperboard, Metal, Plastic, Food, Textile, Other Waste Types
3) By Collection: Curbside Collection, Drop-Off Centers, Transfer Stations, Other Collections
4) By Application: Residential, Commercial, Institutional, Industrial

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How Is The Competitive Landscape Of The Global Municipal Solid Waste Management Market?
Major companies operating in the municipal solid waste management market are Clean Harbors Inc., GFL Environmental Inc., Cleanaway Waste Management Limited, Casella Waste Systems Inc., Veolia Environnement SA, Waste Management Inc., SUEZ SA, Remondis AG & Co. Kg., Republic Services Inc, Waste Connections Inc, Sims Limited, China Everbright Environment Group Limited, Hitachi Zosen Corporation, Stericycle Inc, Renewi plc, Biffa Plc, Recology Inc, WIN Waste Innovations Holdings Inc, Keppel Seghers, Bingo Industries Limited, Anaergia Inc., E.L.Harvey & Sons, C&S Waste Solutions, California Waste Solutions Inc., OMNI Conversion Technologies Inc.

Contents Of The Global Municipal Solid Waste Management Market
1. Executive Summary
2. Municipal Solid Waste Management Market Report Structure
3. Municipal Solid Waste Management Market Trends And Strategies
4. Municipal Solid Waste Management Market - Macro Economic Scenario
5. Municipal Solid Waste Management Market Size And Growth
…..
27. Municipal Solid Waste Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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