Waste Management Market to hit US$ 1.9 trillion by 2030, Asia Pacific led 45% of global market share | key Players:- Veolia, Suez, Waste Management Inc.

Global Waste Management Market reached US$ 1.5 trillion in 2022 and is expected to reach US$ 1.9 trillion by 2030, growing with a CAGR of 3.0% during the forecast period 2024-2031.

During the forecast period, increasing emphasis on sustainability across various sectors, including waste management, is expected to fuel global waste management market growth. Organizations and governments are adopting sustainable waste management practices to minimize environmental impact, reduce landfill usage, and promote resource conservation. This focus on sustainability drives the demand for advanced waste management solutions.

One of the major trends in recent years has been the maturation of waste-to-energy technology. Many governments are setting up waste energy plants to augment energy generation and ensure proper waste disposal. For example, the Indian state of Telangana announced plans to set up 5 new waste-to-energy plants. The plants are expected to generate up to 100 MW of electricity and dispose off 15,000 tons of solid waste.

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Key Industry Development-

✅ October 2025: The U.S. non-hazardous industrial waste market size reached approximately $194.09 million, with a growing focus on waste-to-energy technologies that use industrial leftovers to generate electricity and heat, reducing landfill burden.

✅ September 2025: The U.S. market for packaging waste management reached a valuation of approximately $18.78 billion, driven by the EPA's National Recycling Strategy which aims for 50 million tons of waste recycled per year by 2025.

✅ May 2025: Dow, PMMI, and Independent Recycling Services collaborated on an initiative at PACK EXPO International 2024 to divert 284.9 tons of waste, a practical demonstration of advanced material recovery techniques for events.

✅ March 2025: Stericycle launched a new medical waste sterilization technology, providing an innovative solution for the safe and efficient processing of biohazardous materials.

✅ March 2025: Casio, a Japanese manufacturer, launched an e-waste collection and awareness initiative in India called "Recycle Responsibility", demonstrating an expanded corporate social responsibility approach to global waste issues.

✅ June 2025: Hitachi Zosen Inova (HZI), a Japanese firm, is using advanced gasification in its waste-to-energy systems to process industrial waste while generating electricity and minimizing residue.

Recent M&A updates:-
→ In Q3 2025 (July-September), major U.S. waste companies including WM, Republic Services, Waste Connections, GFL Environmental, and Casella Waste Systems collectively spent $545.7 million on acquisitions, down from $659 million in Q2.

→ Waste Connections closed two deals in Q3 2025, including the acquisition of Florida-based Great Waste, contributing to 12 deals totaling about $300 million in annualized revenue for the year.

→ GFL Environmental completed deals representing $200 million in annualized revenue since early 2025, with plans for accelerated M&A in 2026 following a stake sale in its infrastructure spinoff.

Report Objectives
The global waste management market report would provide approximately 50 tables, 46 figures and 180 Pages.

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Market Segment Analysis

→ Waste Type Segmentation
• Industrial waste (37%, USD 550B):
Driven by manufacturing, regulations, and recycling adoption; a major portion of global waste management.

• Municipal solid waste (47.5%, USD 675B):
Largest segment due to urbanization, high collection frequency, and initiatives like composting and waste-to-energy.

• E-waste (13%, USD 185B):
Rising with electronics consumption and rapid obsolescence; specialized recovery for valuable metals fuels growth.

→ Service Segmentation
• Collection services (43%, USD 605B):
Dominates waste handling; efficiency boosted by smart bins and optimized fleets.

• Disposal services (33%, USD 477B):
Includes landfills, incineration, and treatment; regulatory pressure drives advanced disposal methods.

Regional insights:-

→ Asia-Pacific: This region dominated the global market , holding the largest market share of approximately 45% of total revenue, depending on the specific market segment . This dominance is driven by rapid urbanization, large population size, and increasing industrial output in countries like China and India.

→ Europe: Europe is a major player and was noted as the largest market in the solid waste management segment in 2021. The region has a significant market value, estimated at approximately $417.33 billion in 2024. Its market is driven by stringent EU regulations and a strong push toward the circular economy and waste-to-energy solutions.

→ Europe is also expected to be the fastest-growing market in some analyses.
North America: This region holds a significant share of the global market, driven by strong environmental regulations and high consumer awareness. The U.S. waste management market alone was estimated at $313.1 billion in 2025. The U.S. accounted for a large portion of the North American municipal solid waste management market, with approximately 75.5% share in 2024.

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Key Players of waste management market
→ Key players are Veolia, Suez, Waste Management Inc, FCC Environment CEE, Hitachi Zosen Corporation, Clean Harbors, Inc., Covanta Holding Corporation, Biffa Group Limited, Daiseki Co., Ltd and Remondis SE & Co.KG.

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