The global market for Waste Recycling Services is estimated at US$61.2 Billion in 2023 and is projected to reach US$77.9 Billion by 2030, growing at a CAGR of 3.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the waste recycling services market is driven by several factors including increasing regulatory pressure and environmental policies that mandate higher recycling rates and more sustainable waste management practices. Economic incentives such as pay-as-you-throw schemes and producer responsibility obligations have also significantly influenced both commercial and residential participation rates in recycling programs. Consumer behavior trends towards more sustainable lifestyles have led to greater demand for recycling services as part of a broader environmental consciousness.
Additionally, the expansion of the circular economy, where end-of-life products are reintegrated into the production cycle, creates continuous demand for recycled materials, further propelling the industry. With urbanization and industrial growth continuing globally, the need for effective waste management solutions is becoming more acute, thus ensuring steady growth for the recycling services sector.
The growth in the waste recycling services market is driven by several factors including increasing regulatory pressure and environmental policies that mandate higher recycling rates and more sustainable waste management practices. Economic incentives such as pay-as-you-throw schemes and producer responsibility obligations have also significantly influenced both commercial and residential participation rates in recycling programs. Consumer behavior trends towards more sustainable lifestyles have led to greater demand for recycling services as part of a broader environmental consciousness.
Additionally, the expansion of the circular economy, where end-of-life products are reintegrated into the production cycle, creates continuous demand for recycled materials, further propelling the industry. With urbanization and industrial growth continuing globally, the need for effective waste management solutions is becoming more acute, thus ensuring steady growth for the recycling services sector.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Paper & Paperboard Material segment, which is expected to reach US$33.5 Billion by 2030 with a CAGR of a 4.1%. The Bulbs, Batteries, & Electronics Material segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $16.7 Billion in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $16.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Waste Recycling Services Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Waste Recycling Services Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Waste Recycling Services Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Biffa Ltd, Clean Harbors, Inc., Daiseki Co. Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Biffa Ltd
- Clean Harbors, Inc.
- Daiseki Co. Ltd.
- Eurokey Recycling, Ltd.
- FCC Environmental Services
- Hitachi Zosen Corporation
- Interface, Inc.
- Northstar Recycling Company, LLC
- Remondis SE & Co. KG
- Reworld Holding Corporation
- Triple M Metal LP
- Urbaser S.A.
- Veolia Environnement S.A.
- Waste Connections, Inc.
- Waste Management, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Biffa Ltd
- Clean Harbors, Inc.
- Daiseki Co. Ltd.
- Eurokey Recycling, Ltd.
- FCC Environmental Services
- Hitachi Zosen Corporation
- Interface, Inc.
- Northstar Recycling Company, LLC
- Remondis SE & Co. KG
- Reworld Holding Corporation
- Triple M Metal LP
- Urbaser S.A.
- Veolia Environnement S.A.
- Waste Connections, Inc.
- Waste Management, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 61.2 Billion |
| Forecasted Market Value ( USD | $ 77.9 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
