Waste Management Market To Surge: Projected Growth From $822.05 Billion In 2025 To $1.07 Trillion By 2029

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, April 21, 2025 (GLOBE NEWSWIRE) -- The "Waste Management and Remediation Services Market Report 2025" has been added to ResearchAndMarkets.com's offering.

The Waste Management and Remediation Services market is experiencing robust growth, driven by increasing waste generation and pressing environmental concerns.

Projected to grow from $762.9 billion in 2024 to $822.05 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%, the market is set to reach $1.07 trillion by 2029 at a projected CAGR of 7%. This growth is spurred by circular economy initiatives, sustainability efforts, and advancements in technology. Major trends include the adoption of circular economy practices, development of green infrastructure, and enhanced e-waste management strategies.

Environmental regulations, combined with the rise in urbanization and population growth, have heightened the demand for effective waste management solutions. According to The World Bank, annual waste generation is expected to hit 3.88 billion tons by 2050, underscoring the urgency for efficient waste management and remediation services to mitigate environmental and health impacts. The expansion of mining activities further propels market growth, as these operations depend on effective waste management to ensure environmental compliance.

Technological advancements in the sector are notable, especially with sensor technology. These sensors monitor waste bin fill levels, facilitating timely service, and enhance recycling processes, which reduces manual labor and fosters higher recycling rates. OnePlus Systems' OnePlus Metro sensor exemplifies such innovation, allowing waste management companies to efficiently manage waste containers and cut costs.

Leading companies in the sector are pursuing innovative recycling solutions to address non-standard waste streams. For example, Casella Waste Systems Inc. partnered with TerraCycle to introduce a pilot recycling program for hard-to-recycle items, expanding recycling opportunities and rewarding consumer participation. Such initiatives not only divert waste from landfills but also foster community engagement.

Key players in the market include Waste Management Inc., Suez Environnement SA, Republic Services Inc., and Veolia Environnement SA, among others. These companies provide a range of services such as waste collection, treatment, disposal, and remediation, operating both online and offline across various sectors including residential and industrial domains.

Western Europe leads the market, followed by the Asia-Pacific region. Other significant regions covered in the report include Eastern Europe, North America, and Africa. The detailed market analysis provides insights into market size, regional shares, competitor strategies, and emerging opportunities, crucial for stakeholders aiming to thrive in this dynamic industry.

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Report Analysis

The report addresses critical questions regarding the largest and fastest-growing markets for waste management and remediation services and their correlation with broader economic and demographic trends. It offers a detailed examination of market characteristics, size, growth, segmentation, regional breakdowns, competitive landscape, and future strategies.

Market characteristics define and quantify the market, while the size module presents a comprehensive overview of market movements in financial terms, highlighting historical and forecasted growth. Significant factors considered include global geopolitical tensions, economic conditions, and the enduring effects of the COVID-19 pandemic.

Detailed market segmentation categorizes the market into submarkets such as waste collection, treatment, disposal, and remediation services, along with other waste management services. Regional and country analyses provide insights into market size and growth trajectories, disproportionately affected by regional recovery rates.

The competitive landscape section identifies leading companies like Waste Management Inc., Suez Environnement SA, and Republic Services Inc., detailing their market share and influential financial transactions.

Emerging market trends and strategic recommendations help companies navigate recovery phases and optimize growth opportunities. The report's scope covers diverse types of waste management, including waste collection, treatment, disposal, and remediation services, distinguishing between various service modes and applications.

Markets Covered:

• Waste Collection: Residential, Commercial, Industrial, Municipal
• Waste Treatment and Disposal: Landfill, Incineration, Recycling, Composting
• Remediation Services: Soil, Groundwater, Oil Spill, Hazardous Waste
• Other Services: Consulting, Monitoring, Software Solutions, Auditing

The report encompasses key markets across continents, elaborating on regions such as Asia-Pacific, Western and Eastern Europe, North America, South America, the Middle East, and Africa. It covers historical data spanning five years and forecasts extending ten years into the future, offering ratios of market size relative to related markets and GDP proportions.

Delivered in PDF, Word, and Excel formats, this report is an invaluable tool for comprehending and navigating the waste management and remediation services market's intricate facets.

Key Attributes

Report Attribute	Details
No. of Pages	300
Forecast Period	2025-2029
Estimated Market Value (USD) in 2025	$822.05 Billion
Forecasted Market Value (USD) by 2029	$1.07 Trillion
Compound Annual Growth Rate	7%
Regions Covered	Global

The companies featured in this Waste Management and Remediation Services market report include:

• Waste Management Inc.
• Suez Environnement SA
• Republic Services Inc.
• Waste Connections Inc.
• Clean Harbors
• Stericycle Inc.
• Astellas Pharma Inc.
• Covanta Holding Corporation
• Advanced Disposal Services Inc.
• Sacyr SA
• Veolia Environnement SA
• Waste Connections Inc.
• Casella Waste Systems Inc.
• US Ecology Inc.
• Heritage-Crystal Clean Inc.
• Progressive Waste Solutions Ltd.
• GFL Environmental Inc.
• Waste Industries USA Inc.
• FCC Environment Ltd.
• Biffa plc
• Renewi plc
• Remondis SE & Co KG
• Wheelabrator Technologies Inc.
• Ecolab Inc.
• Cleanaway Waste Management Limited
• Transpacific Industries Group Ltd.
• Recology Inc.
• Newalta Corporation
• Ecoserv LLC
• Terracycle US Inc.
• Waste Pro USA Inc.
• Meridian Waste Solutions Inc.
• Wastequip LLC

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