2025 Municipal Solid Waste Management Market Outlook: Key Indicators Shaping Growth Through 2034

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What Will the Municipal Solid Waste Management Industry Market Size Be by 2025?
The growth of the municipal solid waste management market has been consistent over the past few years. Its size is projected to increase from $118.27 billion in 2024 to $123.74 billion in 2025, with a compound annual growth rate (CAGR) of 4.6%. The growth during the historic period can be credited to factors such as financial rewards and subsidies provided for recycling and waste-to-energy initiatives, a heightened focus on corporate social responsibility and sustainability, the emergence of public-private partnerships (PPS), the provision of government funding and grants specifically for waste management endeavours, and a rising demand from customers and businesses for products that are sustainable.

What's the Long-Term Growth Forecast for the Municipal Solid Waste Management Market Size Through 2029?
In the coming years, the market size of the municipal solid waste management is anticipated to experience consistent growth. By 2029, it is projected to reach $146.69 billion, with a CAGR of 4.3%. Factors contributing to this growth during the projected period include rising consumerism leading to more waste, accelerated increase in electronic waste, heightened awareness of zero waste initiatives, an upswing in construction and demolition waste, and an enhanced emphasis on environmental regulations. The forecast period is also expected to introduce innovative trends such as waste-to-energy technologies, improvements in recycling technology, the introduction of biodegradable materials, the incorporation of intelligent technology, and the advancement of sorting technologies.

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What Are the Key Growth Drivers Fueling the Municipal Solid Waste Management Market Expansion?
The escalating advancement of industries in growing economies is anticipated to boost the expansion of the municipal solid waste management market in the future. Industrialization involves the broad-scale growth of industries, signaling a shift from farming-centric economies to those concentrating on manufacturing and production. This often comes with technological progress and major modifications in workforce and economic arrangements. The surge in industrialization is propelled by the aim for economic development, job generation, improved infrastructure, along with the necessity to diversify economies and enhance living standards via technological innovations and investment. The municipal solid waste management system bolsters industrialization by providing effective waste disposal and recycling techniques, which are essential in maintaining environmental sustainability and public health while industries grow and urbanization increases. To illustrate, Eurostat, a government statistical authority in Luxembourg, reported in July 2023 that the industrial output in the Euro area grew by 0.2%, with the European Union noting a 0.1% rise from April to May 2023. Thus, the escalating industrialization in growing economies is fueling the expansion of the municipal solid waste management market.

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What Are the Key Trends Driving Municipal Solid Waste Management Market Growth?
Major organizations in the municipal solid waste management market are strategically focusing on the development of cutting-edge products, such as digital knowledge platforms, to establish a competitive position in the industry. These platforms for solid waste management offer various tools and resources that enhance the productivity, efficiency, and sustainability of waste management methodologies. For example, in March 2023, the Association of Southeast Asian Nations (ASEAN), an inter-governmental international entity based in Indonesia, collaborated with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, a German organization, to initiate a three-year project titled Municipal Waste Management Enhancement (AMUSE). This AMUSE initiative by ASEAN is intended to upgrade the environmental quality in small and medium-scale cities within the ASEAN region by strategically optimizing waste disposal and recycling processes. The project involves the design of a fresh digital platform that would encompass the ASEAN region and offer sustainable knowledge, training processes, dialogue formats, and standards to enhance municipal waste management and recycling operations for both public and private sector stakeholders.

How Is the 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

Subsegments:
1) By Recycling: Paper Recycling, Plastic Recycling, Metal Recycling, Glass Recycling, E-Waste Recycling, Textile Recycling
2) By Composting: Organic Waste Composting, Green Waste Composting, Food Waste Composting
3) By Incineration: Waste-To-Energy (WTE) Incineration, Non-Waste-To-Energy Incineration, Hazardous Waste Incineration
4) By Landfill: Sanitary Landfill, Open Dumping, Hazardous Waste Landfill

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Which Companies Are Leading the Charge in Municipal Solid Waste Management Market Innovation?
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.

Which Regions Are Leading the Global Municipal Solid Waste Management Market in Revenue?
Asia-Pacific was the largest region in the municipal solid waste management market in 2024. The regions covered in the municipal solid waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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