Rise in electronic waste as a result of improved technology and shorter product lives is expected to drive market expansion in the near future at a CAGR of 5.80% during the forecast period 2023 to 2032.

Market Research Future (MRFR) has published a cooked research report on the “Global Waste management Market” that contains information from 2018 to 2032.The waste management market is estimated to register a CAGR of 5.80% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global waste management market— Waste Management (US), Veolia (France), Republic Services (US), SUEZ (France), and Waste Connections (US), Biffa (England), Clean Harbors (US), Covanta Holding (US), Daiseki (Japan), Hitachi Zosen (Japan).

Market Highlights

The global waste management market is accounted to register a CAGR of 5.80% during the forecast period and is estimated to reach USD 711.7 billion by 2032.

An electronic product's typical life cycle includes the stages of development, introduction, growth, maturation, disposal, and recycling. Unsafe waste disposal puts municipalities and other garbage collecting businesses in grave risk. Inadequate waste disposal can have detrimental effects on the health of those who live close to a landfill or an area that is contaminated. Most construction and demolition debris is illegally deposited on land or in natural drainage systems, including water, in violation of regulations meant to protect the public's health, industrial.

Segment Analysis

The global waste management market has been segmented based on Waste, Service, and End User.

On the basis of Waste, the market is segmented into Hazardous, E-waste, Plastic, Bio- medical Waste and Ohers. The E-waste segment was attributed to holding the largest market share in 2022. This is because e-waste contains a variety of hazardous substances, such as mercury and hydro chlorofluorocarbons (HCFCs).

Based on Service, the global waste management market has been segmented into Open Dumping, Incineration/Combusion, Landfill, Recycling, and Composting & Anaerobic Digestion. The landfill segment was expected to hold the largest market share in 2022. This is due to the fact that modern landfills are well planned and managed facilities for getting rid of solid waste.

Based on End User, the global waste management market has been segmented into Residential, Commercial, and Industrial. The residential segment was expected to hold the largest market share in 2022. This is because garbage from single- and multi-family dwellings is included in this group.

Regional Analysis

The global waste management market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe waste management market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The waste management market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World waste management market comprises of Middle East, Africa, and Latin America.

The largest market share for waste management was maintained by the North American regional sector. Tight environmental laws have a big influence on how the waste management sector develops. Laws pertaining to recycling, waste management, and environmental protection are passed and implemented by governments at different levels. Businesses and municipalities must frequently invest in cutting-edge waste management technologies in order to comply with these rules. North America is becoming more urbanized and has a growing population, which increases garbage production.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for waste management is driven by rising efficacy of waste management solutions, among other economic factors, has an impact on market dynamics. Eco-friendly and reasonably priced trash management solutions are probably going to catch on faster.

Additionally, due to the increasing Reusing and recycling resources to make more sustainable use of them is known as the circular economy, and this trend is gaining traction. The circular economy is becoming more and more popular among businesses and governments, which is putting more of an emphasis on recycling and waste reduction. Infrastructure investments in waste management by the public and private sectors support market expansion. Governments may spend money updating garbage collection and treatment infrastructure, while private businesses might look for chances to get involved in recycling or waste-to-energy projects.

Furthermore, the rest of the world's waste management market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use Laws pertaining to recycling, waste management. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global waste management market is expected to reach USD 711.7 billion by 2032, at a CAGR of 5.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing Infrastructure investments in waste management by the public and private sectors support market expansion.


• Based on service, the landfill segment was expected to hold the largest market share in 2022.


• Waste Management (US), Veolia (France), Republic Services (US), SUEZ (France), and Waste Connections (US), Biffa (England), Clean Harbors (US), Covanta Holding (US), Daiseki (Japan), Hitachi Zosen (Japan).