The Business Research Company’s Municipal Solid Waste Management Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UNITED KINGDOM, October 11, 2024 /EINPresswire.com/ — The municipal solid waste management market has shown steady growth, rising from $113.35 billion in 2023 to $118.27 billion in 2024 at a CAGR of 4.3%. This growth is attributed to financial incentives for recycling and waste-to-energy projects, a focus on corporate social responsibility and sustainability, public-private partnerships, and increasing consumer demand for sustainable products.

What Is The Estimated Market Size Of The Global Municipal Solid Waste Management Market And Its Annual Growth Rate?

The market is forecasted to grow steadily, reaching $140.73 billion by 2028, with a CAGR of 4.4%. Growth will be driven by rising waste generation, rapid e-waste growth, zero waste initiatives, and increased focus on environmental regulations. Trends include waste-to-energy technologies, recycling advancements, biodegradable materials, and smart technology integration.

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Growth Driver of The Municipal Solid Waste Management Market

The increasing industrialization in developing nations is expected to boost the growth of the municipal solid waste management market in the future. Industrialization refers to the large-scale development of industries, marked by a transition from agrarian economies to manufacturing-focused ones, often involving technological advancements and significant shifts in labor and economic structures. The rising industrialization is driven by the quest for economic growth, job creation, improved infrastructure, and the need to diversify economies and enhance living standards through technological progress and investment. Municipal solid waste management plays a crucial role in industrialization by providing efficient waste disposal and recycling systems, which help maintain environmental sustainability and public health as industries expand and urbanize.

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Which Market Players Are Driving The Municipal Solid Waste Management Market Growth?

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.

What Are The Emerging Trends Shaping The Municipal Solid Waste Management Market Size?

In the municipal solid waste management market, companies are developing digital knowledge platforms to improve waste management efficiency and sustainability. These platforms provide valuable tools and resources for waste management practices, empowering companies to optimize their processes and contribute to a cleaner, more sustainable environment.

How Is The Global Municipal Solid Waste Management Market 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

Geographical Insights: Asia-Pacific Leading The Municipal Solid Waste Management Market

Asia-Pacific was the largest region in the municipal solid waste management market in 2023. 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.

Municipal Solid Waste Management Market Definition

Municipal solid waste management involves the processes of collecting, treating, and disposing of solid waste generated by households, businesses, and institutions within a municipality. Effective waste management is essential for reducing pollution, conserving resources, and minimizing health risks, and it incorporates policies to ensure proper waste handling and encourage public participation in recycling efforts.

Municipal Solid Waste Management Global Market Report 2024 from The Business Research Company covers the following information:

• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global municipal solid waste management market report covering trends, opportunities, strategies, and more

The Municipal Solid Waste Management Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on municipal solid waste management market size, drivers and trends, municipal solid waste management market major players, competitors’ revenues, market positioning, and market growth across geographies. The market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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The Business Research Company
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