Waste Management Services in the UK - Industry Market Research Report

Piling up: Revenue is on the rise as stricter regulations and growing oil exploration boost the need for waste management

The Waste Management Services industry plays a vital role in ensuring that residential and commercial development sites meet regulatory standards regarding contamination. Waste companies provide a range of services, including the remediation and decontamination of soil, groundwater and surface water, the cleaning of pollution such as oil spills and the safe treatment of toxic materials. Interest in site preparation, the level of public concern over environmental issues, weather conditions and the level of government expenditure all play a vital role in driving waste management companies' performance. Revenue is anticipated to expand at a compound annual rate of 0.6% over the five years through 2023-24 to £1.3 billion, including forecast revenue growth of 3.3% in 2023-24. Companies in this industry offer remediation and other waste management services. These services include decontaminating soil and industrial plants, cleaning up oil spills, and removing asbestos, lead paint and other toxic materials. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.