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Global Waste Recycling Services Market Outlook 2025-2034: Growth Drivers, Share, And Trends

Waste Recycling Services Market Outlook

Waste Recycling Services Market Outlook

The waste recycling services report describes and explains the waste recycling services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global waste recycling services market reached a value of nearly $61.64145 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.49% since 2019. The market is expected to grow from $61.64145 billion in 2024 to $83.18425 billion in 2029 at a rate of 6.18%. The market is then expected to grow at a CAGR of 5.32% from 2029 and reach $107.78581 billion in 2034.

What strategies are being adopted by key players in the global waste recycling services market?
The key players in the market are adopting extensive strategies in the waste recycling services market such as:
• Strengthen business expertise through strategic collaborations and acquisitions
• Expand operational capabilities by establishing new recycling facilities
• Grow industry knowledge and service range through the launch of new offerings

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To take advantage of opportunities, The Business Research Company suggests that global waste recycling services companies enhance offerings:
• Develop state-of-the-art facilities to improve the efficiency of waste processing
• Pursue strategic partnerships to co-create advanced waste management solutions
• Focus on creating innovative systems, such as integrated e-waste management and bezafibrate-based recycling treatments (PBC)
• Invest in forward-thinking initiatives, including pilot programs for home recycling

What Is Global Waste Recycling Services: Market Overview?
Waste recycling services refer to the processes and operations involved in collecting, processing, and converting waste materials into new, usable products. These services are critical components of waste management systems worldwide, aiming to reduce landfill use, conserve natural resources, and mitigate environmental impacts.
Waste recycling services are carried out in urban, suburban, and rural areas across both developed and developing regions, depending on infrastructure. Waste is collected using specialized vehicles, sorted manually or mechanically at material recovery facilities (MRFs), and processed through techniques such as shredding, melting, pulping, and chemical treatments, depending on the material type. Recycled materials are then either sold as raw inputs for manufacturing or repurposed into new products.

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Who Are The Major Companies Operating In The Global Waste Recycling Services Market?
The top ten competitors in the market made up to 19.86% of the total market in 2023. Veolia Environnement S. A. was the largest competitor with a 8.23% share of the market, followed by:
• Republic Services, Inc.
• GFL Environmental Inc.
• Clean Harbors Inc.
• Waste Management Inc.
• Biffa Ltd.
• Casella Waste Systems Inc.
• Remondis
• Suez Environnement S. A.
• Cleanaway Waste Management Limited

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. We have published over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
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