Solid Waste Management Market is Forecasted to Reach US$ 1470.27 Billion in 2028, Says Stratview Research

The global solid waste management market is projected to witness a growth rate of 2.69% annually from 2023 to 2028 with an anticipated size of US$ 1470.27 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global solid waste management market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/2541/Solid-Waste-Management-Market.html#form

Report Highlights:
Market Size in 2028: US$ 1470.27 billion
Growth (CAGR): 2.69% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Solid Waste Management Market:

The global solid waste management market is segmented based on waste type, end-use type, and region.

Based on waste type - The solid waste management market has been classified into municipal solid waste and industrial solid waste. Under these, the municipal solid waste segment held the largest market share in 2022 and is likely to grow at a considered CAGR during the forecast period. The demand for municipal solid waste management is growing across the residential sector owing to rapid urbanization along with rising consumer spending toward manufactured goods, thereby bolstering the segment growth.

To know the most attractive segments, click here:
https://stratviewresearch.com/2541/Solid-Waste-Management-Market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia Pacific market held a significant market share in 2022 and is projected to grow at a healthy CAGR in the coming years. This growth outlook is majorly attributed to the following-

• This is mainly ascribed to the rapidly growing population, a large presence of a strong manufacturing sector, and rising consumer spending.
• This resulted in an expansion of the existing waste collection & treatment facilities to improve its efficiency and effectively manage the solid waste, which further proliferates the regional market growth.

Solid Waste Management Market Drivers:

Some of the key drivers listed in the report are given below.

• Declining public health and productivity, contamination of water bodies, and airborne emissions are some of the key issues associated with the mismanagement of solid waste.
• Growing urbanization along with a steady increase in the global population has ticked up the implementation of solid waste management processes for discarded products while maintaining the social, technical, and economic feasibility of the treatment practices.
• Ongoing efforts toward resource recovery and the increasing demand for integrated solid waste management practices across urban agglomerates will augment the market growth.

Top Companies in the Solid Waste Management Market:

Stratview Research has identified the following companies as the top market players.
• Biffa Group (UK)
• Green Conversion Systems (US)
• Amec Foster Wheeler (UK)
• Xcel Energy (US)
• Recology (US)
• Hitachi Zosen (Japan)
• Covanta Holding Corporation (US)
• Keppel Seghers (Belgium)
• Plasco Conversion Technologies (Canada)
• Wheelabrator Technologies (US)

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Solid Waste Management Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Multiple Solid Waste Management Market: https://stratviewresearch.com/1017/multiple-solid-waste-management-market.html
• Medical Waste Management Market: https://stratviewresearch.com/1192/medical-waste-management-market.html

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This release was published on openPR.