Waste Management Market Expected to Reach USD 1598.1 Billion by 2029
April 8, 2024
CHICAGO, April 8, 2024 /PRNewswire/ — Waste Management Market is expected to reach USD 1598.1 billion by 2029 from USD 1219.6 billion in 2024 at a CAGR of 5.6% during the forecast period according to a new report by MarketsandMarkets™. Waste management is an important process that includes the collection, transportation, disposal, and recycling of waste materials. Effective waste management is critical to ensuring environmental sustainability, public health, and resource conservation. Sustainable waste management practices not only help in reducing pollution but also create opportunities for economic growth through the development of recycling industries and job creation in the waste management sector. Proactive government actions, technical improvements, and an increase in e-waste output are all key drivers of this expansion. Waste Management, Suez, Veolia, and others are major players in the Waste Management Market, with methods such as corporate development and alliances being implemented to improve services.
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Waste Management Market Scope:
|
Report Coverage |
Details |
|
Market Revenue in 2024 |
$1219.6 billion |
|
Estimated Value by 2029 |
$1598.1 billion |
|
Growth Rate |
Poised to Grow at a CAGR of 5.6% |
|
Largest Market |
Asia Pacific |
|
Market Size Available for |
2019-2029 |
|
Forecast Period |
2024-2029 |
|
Forecast Units |
Value (USD) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
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