United States Waste Management Market Size was valued at USD 142.5 Billion in 2022. The Waste Management market industry is projected to grow from USD 153.9 Billion in 2023 to USD 284.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.00% during the forecast period (2024 - 2032). The growing use of demolition and construction, as well as rising demand from emerging nations for waste management services, are the main market drivers anticipated to propel the Waste Management market in the United States.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Product creation, introduction, growth, maturity, and disposal or recycling are all common stages in the life cycle of an electronic device. An electrical product reaches the recycling stage for a variety of reasons, including the end of its useful life, advancements in technology, or shifting customer demands. Technology is advancing so quickly that new electronic items are created, and older products, like laptops, cell phones, and televisions, are upgraded. In a similar vein, a decline in the shelf life of electronic devices is caused by rising personal purchasing power.
Every year, new iterations of cell phones and other electronic devices are released; the previous models are either discarded or offered for sale on websites so they can be used again. As a result, e-waste is produced at an increasing rate due to the shorter life cycle of electronics. Electronic waste management is required as a result of the volume of electronic trash that accumulates and the requirement to recycle electronic products. With the invention of PCs and cell phones, the average lifespan of consumer electronics and the components that make them has been steadily declining. In the past, it was thought that electronics would survive for over 40 years, but now, most of them only last between 1.5 and 13 years on average.
Furthermore, the building, restoration, and demolition of roads, bridges, and other structures all need the use of construction and demolition (C&D) materials. The Sustainable Materials Management (SMM) method, which highlights specific C&D materials as commodities that can be utilized in new construction projects instead of mining and processing virgin minerals, is promoted by the Environmental Protection Agency (EPA). The Code of Federal Regulations (CFR)-regulated landfills are the legal destination for the majority of construction and demolition debris that is now generated in the United States. Thus, this results in driving up the Waste Management market revenue.
The United States Waste Management market segmentation, based on Type, includes Municipal Waste, Industrial Waste, and Hazardous Waste. The Industrial Waste segment dominated the market mostly. Growing industry and urbanization are two of the main causes of the rise in the production of industrial waste. Industrial waste management is necessary since improper handling of this garbage can harm plants and wildlife as well as contaminate lakes and groundwater.
Figure 1: United States Waste Management Market, by Type, 2024 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The United States Waste Management market segmentation, based on Service, includes Collection Services, Collection and Transportation, Storage and Handling, Sorting, Disposable Services, Landfills, Recycling, and Composting and anaerobic digestion. The Landfills category generated the most income. Contemporary landfills are carefully designed and run structures used to get rid of solid waste. Landfills are planned, situated, run, and observed to guarantee that they adhere to the rules as specified. Additionally, they are made to shield the environment from any pollutants that might be found in the waste stream. Environmentally sensitive regions are off-limits for landfill construction, and on-site environmental monitoring technologies are used to determine their location.
A procedure known as diversion is used to remove a significant amount of garbage related to construction that is produced by an increase in construction activity from the waste stream. Materials that have been diverted are sorted for further recycling and occasionally used again. The amount of trash generated by buildings is mostly determined by social consumption patterns, natural and man-made dangers, and macroeconomic factors that impact construction. The amount of construction and demolition trash dumped in landfills has decreased recently as a result of increased awareness about the proper disposal and reuse of building materials. There are numerous chances to significantly reduce and recover items that would otherwise be disposed of as waste.
Leading market players are putting a lot of money into R&D to broaden the range of their goods, which will fuel further growth in the Waste Management industry. Additionally, market players are engaging in a range of calculated actions to increase their presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure an increasingly cutthroat and dynamic market, the Waste Management industry must offer cost-effective items.
Major players in the Waste Management market are engaging in research and development activities in an effort to boost market demand includes REMONDIS SE & CO. KG, HITACHI ZOSEN CORPORATION, REPUBLIC SERVICES, INC., BIFFA PLC, CLEAN HARBORS, INC., WASTE MANAGEMENT INC., BIGBELLY, INC., VEOLIA ENVIRONNEMENT S.A., COVANTA HOLDING CORPORATION, SUEZ ENVIRONMENTAL SERVICES.
In November 2023, Biffa Ltd, which is one of the leading companies in waste management, finished the acquisition of Hamilton Waste and Recycling Limited, currently the biggest one in the UK, providing services for construction and demotion waste.
In October 2023, Veolia North America (VNA), a leading integrated environmental services provider in the United States and Canada, announced the acquisition of United States Industrial Technologies (USIT), a wholly-owned subsidiary of Michigan-based Total Waste and Recycling Services (WRS).
In July 2023 LRS, The Midwest’s Independent Waste, Recycling, and Portable Services Provider, announced the acquisition of environmental recycling & disposal (Environmental) and moen transfer station, a privately held, family-owned, and operated business that has served Will County, Illinois’ disposal needs for more than 25 years.
In May 2022, Republic Services Inc. completed its acquisition of all outstanding shares of US Ecology, Inc. This acquisition is expected to expand the Republic’s portfolio of environmental solutions across the U.S. and strengthen its position in the waste management industry.
May 2021: Eramet and SUEZ partnered to increase market-wide cooperation in the recycling of electric car batteries that are nearing the end of their useful lives. It is expected that this arrangement would present the European market with a battery recycling solution that is highly implementable, affordable, and sustainable.
October 2020: Waste Management purchased the solid waste management business Advanced Disposal Services. Through this acquisition, Waste Management was able to provide roughly 3 million new commercial, residential, and industrial customers—mostly in 16 states in the eastern half of the US—with unmatched access to unique, sustainable waste management and recycling services.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 142.5 Billion |
| Market Size 2023 | USD 153.9 Billion |
| Market Size 2032 | USD 284.9 Billion |
| Compound Annual Growth Rate (CAGR) | 8.00% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Service, and Region |
| Countries Covered | United States |
| Key Companies Profiled | REMONDIS SE & CO. KG, HITACHI ZOSEN CORPORATION, REPUBLIC SERVICES, INC., BIFFA PLC, CLEAN HARBORS, INC., WASTE MANAGEMENT INC., BIGBELLY, INC., VEOLIA ENVIRONNEMENT S.A., COVANTA HOLDING CORPORATION, SUEZ ENVIRONMENTAL SERVICES |
| Key Market Opportunities | ·        Rapid industrialization is driving up demand for waste management services from emerging economies. ·        The use of building and demolition (C&D) materials in cities is growing as the number of construction projects rises. |
| Key Market Dynamics | ·        Strict laws are enforced by governments across the globe to improve waste management and start environmental preservation. ·        Technology advancements and shorter product life cycles have increased the amount of electronic waste produced. |
Frequently Asked Questions (FAQ) :
In 2023, the waste management market in the United States was estimated to be worth USD 142.5 billion.
From 2024 to 2032, the market is anticipated to expand at a compound annual growth rate of 8.00%.
VEOLIA ENVIRONNEMENT S.A., COVANTA HOLDING CORPORATION, SUEZ ENVIRONMENTAL SERVICES, BIFFA PLC, CLEAN HARBORS, INC., WASTE MANAGEMENT INC., BIGBELLY, INC., REMONDIS SE & CO. KG, HITACHI ZOSEN CORPORATION, REPUBLIC SERVICES, INC., and others.
In 2023, the market was dominated by the Industrial Waste category.
The market's largest proportion belonged to the Landfills segment
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