Solid Waste Management
The global solid waste management market size is projected to gain traction on account of the increasing amount of waste generation, further attributed to the contributions of the residential, commercial, and industrial sectors.
Solid waste majorly includes waste plastic products, organic matter, and metal and glass products. As per a recent report by Fortune Business Insights, the market is anticipated to reach USD 366.52 billion by the end of 2027 from USD 285.16 billion earned in 2019. The forecast period is set between 2020 to 2027, and the market is likely to exhibit a CAGR of 3.3%.
Solid Waste Management Market report also offers information on the factors impeding the market growth which shall offer valuable data to vendors for strategic planning. It is crucial to understand these factors as they help in identifying the market growth opportunities. Moreover, market research analysts at Fortune Business Insights offer timely assistance in understanding eccentric market parameters in a better way.
This study especially analyses the impact of the Covid-19 outbreak on the Solid Waste Management Market, covering the supply chain analysis, impact assessment to the Solid Waste Management Market market size growth rate in several scenarios, and the measures to be undertaken by companies in response to the COVID-19 epidemic.
Key players in the global Solid Waste Management Market market include:
Stericycle Inc., Remondis AG & Co. Kg, Covanta Holdings Corporation, Biffa PLC, SUEZ Group, Envac Group, Recology, Advanced Disposal Services, Inc., Republic Services Inc., Hitachi Zosen Corporation, Clean Harbors Inc., Veolia Environment S.A., Waste Management Inc
Worldwide Solid Waste Management Market Market Scope in 2022:
The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative analysis of the market including PEST analysis, SWOT analysis, and Porter’s five force analysis. Global Solid Waste Management Market Market report focuses on major six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
The report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications. Report offers a comprehensive analysis of niche industry areas and provides strategic recommendations to the new players and established companies to make lucrative and well-informed business decisions.
The report analyses the key companies engaged in the industry along with their product portfolio, business overview, strategic expansion plans, revenue generation, market share and size, regional presence, and production and manufacturing capacity. The report also sheds light on the recent mergers and acquisitions, joint ventures, collaborations, agreements, product launches, and deals and partnerships, among others.
Regions Covered in the Solid Waste Management Market Market Report:
Besides segmental breakdown, the report is highly structured into a region-wise study. The regional analysis was comprehensively done by the researcher’s highlights key regions and their dominating countries accounting for substantial revenue share in the Solid Waste Management Market market.
The study helps understand how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report. In addition, the report provides insight into the main drivers, challenges, opportunities, and risks of the market and strategies of suppliers.
Key players are profiled as well with their market shares in the global Solid Waste Management Market market discussed. Overall, this report covers the historical situation, present status, and future prospects of the global Solid Waste Management Market Market for 2022-2028.
Companies Focusing on Installation of New Energy-from-Waste Facilities to Gain Impetus
Major companies operating in this market are engaging in adopting smart waste management services to make their mark in the competition. Besides this, they are also engaging in the construction of new energy-from-waste facilities for sustainable waste management solutions, thereby gaining a significant position in the market and gather more revenue in the coming years.
Key Industry Developments of the Market include:
December 2019 – Zhao County, China and Covanta Holdings signed a collaborative agreement for the construction of a new energy-from-waste facility to expand its geographical footprint in China.
May 2020 – Biffa PLC launched a mobile application for tackling the increasing problem of fly-tipping, especially during the COVID-19 outbreak. This application allows various organizations to record and report fly-tipping incidence.