The Waste Management And Remediation Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Waste Management And Remediation Services Global Market Report 2024, The waste management and remediation services market size has grown strongly in recent years. It will grow from $720.03 billion in 2023 to $775.91 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to environmental regulations, waste generation, urbanization, industrial activities, public health concerns.
The waste management and remediation services market size is expected to see strong growth in the next few years. It will grow to $1028.91 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to circular economy initiatives, sustainability and green practices, technological advancements, e-waste management. Major trends in the forecast period include circular economy adoption, sustainability and environmental awareness, green infrastructure development, sustainable construction and demolition waste.
An increase in waste generation across the globe is expected to propel the growth of the waste management and remediation services market. Waste generation encompasses the production of any items that are thrown away, regardless of whether they are recycled or dumped in a landfill. In order to lessen the negative consequences of waste on human health, the environment, and aesthetics, waste management is required, generating demand for waste management and remediation services. For instance, according to 2022 estimates by The World Bank, a US-based international financial institution, the world produced 2.24 billion tons of solid garbage in 2020, or 0.79 kg of rubbish per person every day. The annual waste generation is anticipated to rise by 73% from 2020 levels to 3.88 billion tons in 2050 due to increasing population expansion and urbanization. Therefore, an increase in waste generation is expected to drive the waste management and remediation services market going forward.
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The waste management and remediation services market covered in this report is segmented –
1) By Type: Waste Collection; Waste Treatment And Disposal; Remediation Services; Other Waste Management Services
2) By Mode: Online; Offline
3) By Application: Residential; Manufacturing; Retail/Wholesale; Construction and Demolition
The waste management and remediation services market report table of contents includes:
- Executive Summary
- Waste Management And Remediation Services Market Characteristics
- Waste Management And Remediation Services Product/Service Analysis -Product/Service Examples
- Waste Management And Remediation Services Market Trends And Strategies
- Waste Management And Remediation Services Market – Macro Economic Scenario
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- Global Waste Management And Remediation Services Market Competitive Benchmarking
- Global Waste Management And Remediation Services Market Competitive Dashboard
- Key Mergers And Acquisitions In The Waste Management And Remediation Services Market
- Waste Management And Remediation Services Market Future Outlook and Potential Analysis
- Appendix
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