Waste Recycling Services Market Report 2025

This Waste Recycling Services report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The waste recycling services market size has grown strongly in recent years. It will grow from $61.64 billion in 2024 to $65.3 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to increased awareness of environmental sustainability, stringent waste disposal regulations, rising volumes of generated waste, growing emphasis on resource conservation, regulatory pressures to limitThe use of landfills.

The waste recycling services market size is expected to see strong growth in the next few years. It will grow to $83.18 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to adoption of circular economy practices, government initiatives for waste reduction and recycling, increasing demand for recycled materials, expansion of e-waste recycling services, increasing urbanization. Major trends in the forecast period include development of recycling technologies, integration of robotics and automation in recycling facilities, innovation in the recycling of construction and demolition waste, implementation of smart waste management systems.

The increasing awareness of plastic pollution is fueling the growth of the waste recycling services market. Plastic pollution refers to the accumulation of synthetic plastic materials in the environment, which poses threats to wildlife, their habitats, and human populations. This pollution contributes to environmental degradation, leading to issues like global warming and other climate changes. Governments worldwide are introducing new policies and initiatives to reduce plastic usage and raise awareness about plastic pollution. For example, in March 2022, India's Union Environment Ministry proposed a ban on the production, use, sale, import, and handling of certain single-use plastic items across the country starting in 2022. Such policies are raising awareness of pollution and driving the market's growth.

The growth of the waste recycling services market is expected to be driven by the increasing generation of waste worldwide. Waste generation refers to the production of discarded items, whether they are recycled or sent to landfills. Waste recycling services are essential to mitigate the harmful effects of waste on human health, the environment, and aesthetics. For example, in May 2023, the National Environment Agency, a government body in Singapore, reported that waste generation in 2022 rose by 6.4% compared to 2021, reflecting increased economic activity. As a result, the rise in waste generation will propel the waste recycling services market.

Technological advancements in waste recycling are influencing the waste recycling services market. Recent innovations enable waste-to-energy conversion, allowing industries to utilize their waste and transform it into usable energy through biogas. Plasma arc recycling uses a super-hot plasma torch to recover the majority of metals found in vehicles and other objects. For example, in November 2022, Colas Group, a France-based civil engineering company, launched a construction waste recycling network aimed at increasing the production of recycled materials. Colas established 160 construction waste recycling facilities across France, offering services like Valormat and Ecotri, which focus on stringent quality control and traceability of processed materials. These facilities provide construction companies with access to natural or recycled materials, including innovative products such as "VALOR BLOC" concrete blocks made from recycled concrete, while also offering a two-way freight option for easy disposal and collection of recycled products.

Major companies in the waste recycling services market are intensifying their focus on introducing home recycling pilot programs to enhance their competitive position. Home recycling pilot programs are designed to evaluate different recycling strategies and technologies before broader implementation. In October 2022, Casella Waste Systems, Inc., a US-based waste management and recycling company, partnered with TerraCycle to launch the TerraCycle Pouch for hard-to-recycle items, encouraging consumers to divert waste from landfills, engage with their communities, and receive rewards for their efforts. The aim is to recycle more than 20 hard-to-recycle materials and provide additional services.

In July 2023, Casella Waste Systems Inc., a US-based waste management company, acquired GFL Environmental Inc. for $525 million. This acquisition is part of Casella's plan to expand into adjacent markets with solid waste operations similar to its own. The move supports Casella's growth strategy in the Mid-Atlantic region, emphasizing successful integration and delivering outstanding service to new customers and communities. GFL Environmental Inc., a Canada-based company, provides a broad range of waste recycling services and environmental management solutions for businesses and communities.

Major companies operating in the waste recycling services market include Advanced Disposal Services Inc., Casella Waste Systems Inc., China Recycling Development Co. Ltd., Clean Harbors Inc., Covanta Holding Corp., Eurokey Recycling Ltd., Interface Inc., Kayama Corp., Northstar Recycling Company, Xerox Corporation, Remondis SE & Co. KG., Republic Services Inc., Rubicon Global, Dowa Eco-System Co. Ltd., Fetzer Vineyards, Kcarp Ltd., Tsuneishi Kamtecs Corp., Waste Management Inc., Veolia Environnement S. A., Suez Environnement S. A., Stericycle Inc., Waste Connections Inc., GFL Environmental Inc., US Ecology Inc., Heritage-Crystal Clean Inc., BioHiTech Global Inc., Renewi plc, Biffa plc, FCC Environment UK Limited, ECO Green Equipment.

North America was the largest region in the waste recycling services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waste recycling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the waste recycling services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Waste recycling services involve recovery operations wherein waste materials are collected and reprocessed into new products, materials, or substances for original or alternative purposes. This process includes collecting and reprocessing waste materials using various technologies to clean and transform them into new reusable products. Recycling waste offers several advantages, including reducing the amount of waste sent to landfills and incinerators, preventing pollution, conserving natural resources, saving energy, creating job opportunities, and generating economic benefits.

The main types of waste in the waste recycling services market include compost and food waste, glass and fiberglass, metal scraps, waste paper, and others. Food and compost waste recycling typically involves reprocessing materials such as eggshells and banana peels to create high-quality soil improvers or fertilizers. Additionally, it may involve generating electricity that can be fed back into the national grid. These recycling services find applications in various sectors, including municipal, agricultural, construction, industrial, and others. The services provided include collection and disposal services.

The waste recycling services market research report is one of a series of new reports that provides waste recycling services market statistics, including waste recycling services industry global market size, regional shares, competitors with a waste recycling services market share, detailed waste recycling services market segments, market trends and opportunities, and any further data you may need to thrive in the waste recycling services industry. This waste recycling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The waste recycling services market includes revenues earned by entities by providing services such as plastic recycling, metal recycling, wood recycling, glass recycling, and WEEE recycling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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