Global Waste Management Market to Reach USD 1.97 Trillion by 2030, Driven by Shifting Regulations, Recycling, and Smart Solutions

Mordor Intelligence has published a new report on the Waste Management Market, offering a comprehensive analysis of trends, growth drivers, and future projections

Waste Management Market Overview

The global waste management market is projected to grow from USD 1.43 trillion in 2024 to USD 1.97 trillion by 2030, expanding at a compound annual growth rate (CAGR) of approximately 6.6% between 2025 and 2030, according to Mordor Intelligence. Several trends are steering the market toward more sustainable, resource-conscious practices.

Report Overview: https://www.mordorintelligence.com/industry-reports/global-waste-management-market?utm_source=openpr

Waste Management Market Key Trends

1. Regulatory Pressure and Corporate Responsibility

Governments worldwide are enforcing extended producer responsibility (EPR) frameworks-particularly in the EU and select U.S. states-shifting disposal costs to brand owners and generating dedicated funding for recycling systems. At the same time, mandatory digital tracking platforms by the U.S. EPA and EU authorities support anti-illicit-dumping efforts and enable data-driven service models.

2. Rise of Waste-to-Energy with Carbon Capture

Investment in waste-to-energy (WtE) facilities, increasingly equipped with carbon-capture systems, is creating revenue streams by linking energy production with carbon reduction. These systems help cities and municipalities mitigate landfill growth and meet emissions targets.

3. Surge in E‐waste

E-waste is the fastest-growing waste stream, with a projected CAGR of 10.2% through 2030. Key drivers include the proliferation of electronic devices and upcoming retirements of electric-vehicle batteries. This has led to a demand for specialized e-waste processing plants and advanced recovery technologies.

4. Growth of Smart Waste Systems

The smart waste management sector is anticipated to reach USD 7.15 billion by 2030, growing at a 15.1% CAGR. Enabled by IoT devices-like smart sensors in collection bins-these systems optimize pickup schedules, reduce fuel consumption, and streamline routing in cities globally. North America and Europe are early adopters, while Asia‐Pacific shows fastest smart-waste growth.

Market Segmentation

The waste management market can be better understood by looking at how it's segmented:

By Source

Residential waste: Held 46.5% of market share in 2024 9.

Industrial waste: Expected to grow at an 8.3% CAGR through 2030.

By Service Type

Landfill operations: Accounted for 52.5% of the market in 2024.

Recycling & resource recovery: Projected to expand at a 6.8% CAGR.

By Waste Type

Municipal solid waste: Made up 46.8% of share in 2024 .

E-waste: Fastest growing at a 10.2% CAGR.

By Region

Asia‐Pacific: Largest market with 56% share in 2024; fast industrialization spans manufacturing hubs .

MEA: Anticipated fastest growth at 9.1% CAGR to 2030.

By Segment-Specific Stats

Industrial Waste: USD 157.9 billion in 2025, growing at 4.8% CAGR to USD 199.5 billion by 2030.

Construction Waste: USD 8.78 billion in 2025, reaching USD 11.71 billion at 5.9% CAGR.

Hazardous Waste: USD 52.9 billion in 2025, with 6.5% CAGR to USD 72.7 billion by 2030.

Smart Waste: USD 3.54 billion in 2025, nearly doubling to USD 7.15 billion by 2030.

Explore Our Full Library of Waste Management Industry Reports - https://www.mordorintelligence.com/market-analysis/waste-management?utm_source=openpr

Key Players

Several leading companies have a dominant presence in the sector:

Veolia Environment, Suez Environment, Waste Management Inc., Republic Services, and Clean Harbors are among the largest waste management firms globally.

For industrial and hazardous waste, key players include Veolia, Suez, Republic Services, Clean Harbors, and Biffa.

In municipal and solid waste management, companies like Waste Management Inc., Republic Services, Waste Connections, Stericycle and others hold significant market shares.

These firms are investing heavily in technology installing RFID tracking, deploying AI for route optimization, integrating carbon capture in energy recovery plants, and establishing specialized e-waste facilities.

Conclusion

The waste management industry is on a steady path of change, shaped by growing environmental concerns, stricter regulations, and increased demand for better recycling and disposal systems. Governments are enforcing new rules, companies are adjusting to shifting responsibilities, and smart technologies are starting to improve how waste is tracked, collected, and processed.

Across regions, Asia‐Pacific leads in market size while other areas, especially the Middle East and Africa, are gaining momentum. Major players continue to invest in more efficient and sustainable operations, setting the stage for broader adoption of circular waste practices.

Industry Related Reports

India Waste Management Market: The report provides an overview of the waste management industry in India, offering insights into its current state and key dynamics. It segments the industry based on different types of waste, including industrial waste, municipal solid waste, hazardous waste, electronic waste (e-waste), plastic waste, and bio-medical waste. Additionally, the report categorizes waste management practices by disposal methods, which include collection, landfilling, incineration, and recycling. This comprehensive segmentation helps in understanding the various facets of the industry and the strategies employed for effective waste management across the country.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/india-waste-management-market?utm_source=openpr

GCC Waste Management Market: The report provides a detailed segmentation of the industry based on waste type, disposal method, and geography. It classifies waste into categories such as industrial waste, municipal solid waste, hazardous waste, e-waste, plastic waste, and bio-medical waste. The report also examines various disposal methods, including collection, landfilling, incineration, and recycling. Geographically, the market is analyzed across key GCC countries, including the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, and the rest of the GCC region. In addition to a comprehensive market analysis, the report includes five years of historical data and provides forecasts for the next five years.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/gcc-waste-management-market?utm_source=openpr

Africa Waste Management Market: The report explores waste management companies in Africa and provides a detailed analysis of the market, segmented by waste type and disposal methods. It categorizes waste into industrial waste, municipal solid waste, hazardous waste, e-waste, plastic waste, and bio-medical waste. The report also examines key disposal methods used across the continent, including landfilling, incineration, dismantling, and recycling. This segmentation offers a comprehensive view of the African waste management landscape and the approaches adopted for effective waste disposal.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/africa-waste-management-market?utm_source=openpr

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This release was published on openPR.