Waste Management Market Projected To Reached US$80.70 billion in 2023 | Republic Services, Covanta Holding Corporation, Waste Management, Waste Connection

Press Release

The US waste management market is expected to grow at a CAGR of 1.92% till 2023. The market value is forecasted to reach US$80.70 billion in 2023. 

The research dives deep into the global share, size, and trends, as well as growth rate of the Waste Management market to project its progress during the forecast period, i.e., 2019–2027. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the Waste Management market. The research segments the market on the basis of product type, application, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, demand and production capability across different countries.

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This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Waste Management market.

The factors such as rise in oil production, increasing municipal solid waste per capita, rising construction activity, economic growth and surge in ageing population are expected to drive the market growth. However, growth of the market will be hindered by shortage of truck drivers for waste collection, changing composition of waste, barriers to entry, less trained workforce and safety, health & environmental liabilities. There are few trends and opportunities like vertical integration, increasing commercial franchise zones, outsourcing & increased governmental funding and rising demand for environmental services that would influence the growth of the market.

The major manufacturers covered in this report: Republic Services, Covanta Holding Corporation, Waste Management Inc, Waste Connection Inc, Clean Harbor and US Ecology

The US waste management market comprises of two broad segments: hazardous waste management and non-hazardous waste management. The fastest growing segment is non-hazardous waste management, which includes process of collection, processing, disposal of solid waste and commercial collection of recyclables. The waste collected is not hazardous or dangerous and is often collected from a dumpster or curbside. Whereas, hazardous waste management includes collection of hazardous or harmful waste that potentially threaten public health or the environment. It is inflammable, reactive, corrosive, or toxic. Hazardous waste might include fire extinguishers, old propane tanks, pesticides, mercury-containing equipment, etc.

Researchers conducting the research also carry out a comprehensive analysis of the recent amendments in the government regulation and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.

The report profiles the key players in the industry along with a detailed analysis of their individual positions against the global landscape. The researcher provides an extensive analysis of the Waste Management market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Scope of the report:

– The report provides a comprehensive analysis of the US waste management market along with focus on hazardous & non-hazardous waste management market.

– The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

– The competitive landscape of the market, along with the company profiles of leading players (Republic Services, Covanta Holding Corporation, Waste Management Inc, Waste Connection Inc, Clean Harbor and US Ecology) are also presented in detail.

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Key points from Table of Content:

1.Market Overview

2. The US Environmental Services Industry Analysis

3. The US Waste Management Market

4. Market Dynamics

5. Competitive Landscape

6. Company Profiles

Scope of the study:

  • The report conducts a detailed analysis of the evolving market dynamics
  • It gives a holistic view of various drivers and restraints operating in the market
  • The forecast spans 6 years and predicts the prospective progress of the sector
  • It categorizes the prominent product segments and their future growth scenario
  • The market insights derived after a thorough investigation of the industrial segments and subsegments enable readers make informed decisions.

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