Menu ×

ENERGY & POWER

Municipal Solid Waste Management Market Segmentation by Source (Residential, Hospitals, Offices & Institutions, and Others); and by Treatment (Open Dumping, Landfills, Recycling, Incineration, Composting, and Others) - Global Demand Analysis & Opportunity Outlook 2030

  • Text Size:

Extensive insights into the Growth of Municipal Solid Waste Management Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

Global Municipal Solid Waste Management Market Highlights over 2022 – 2030

The global municipal solid waste management market is estimated to grow at a CAGR of ~2.5% over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the growing amount of municipal solid waste (MSW), backed by the growing global population.  According to the data by the World Bank, the global population grew at 1.036% in 2020, with the total population of 7.753 billion, which is expected to reach nearly 10 billion by 2050. The mounting solid waste produced by human activities is a concern for the governments across the world, which is estimated to drive the market growth. According to other report by the World Bank, over 2.01 billion tons of municipal solid waste is generated annually globally. Apart from increasing government concerns, the growing awareness amongst people is estimated to be another major growth factor for the market.

Municipal Solid Waste Management Market Graph

The market is segmented by treatment into open dumping, landfills, recycling, incineration, composting, and others, out of which, the recycling segment is anticipated to hold the notable share in the global municipal solid waste management market over the forecast period on account of the growing awareness regarding proper waste treatment. As of 2020, over 33% of the total MSW is not treated safely, according to the data by the World Bank.

Major Macro-Economic Indicators Impacting the Market Growth

Electricity Consumption Graph

In 2018, the world’s total energy supply was 14282 Mtoe, wherein the highest share in terms of source was captured by oil, accounting for 31.6%, followed by coal (26.9%), natural gas (22.8%), biofuels and waste (9.3%), nuclear (4.9%), hydro (2.5%), and other (2.0%). Where there was an increase in energy demand in 2018, the year 2019 witnessed slow growth as the energy efficiency improved owing to decline in the demand for cooling and heating. However, in 2020, the electricity demand decreased by 2.5% in the first quarter of 2020 due to the outbreak of Coronavirus resulting in government imposed shutdowns in order to limit the spread of the virus, which was further followed by shutdown of numerous business operations impacting their growth. This also resulted in decline of 5.8% in the worldwide CO2 emissions which was recorded to be five times larger than the one recorded during the global financial crisis in 2009. However, in 2021, the demand for oil, gas and coal is estimated to witness growth, which is further projected to create opportunities for market growth. Moreover, rising environment degradation and awareness related to climate change is motivating many key players to employ sustainable energy strategies and invest significantly in environment-friendly power generation technologies with an aim to promote sustainable development among various nations around the world. Such factors are anticipated to promote the growth of the market in upcoming years. CLICK TO DOWNLOAD SAMPLE REPORT

Global Municipal Solid Waste Management Market Regional Synopsis

On the basis of geographical analysis, the global municipal solid waste management market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of the high population in the developing countries, such as, India, and China. Higher population leads to generation of larger quantity of waste, which is estimated to drive the market growth in the region.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period, on the back of increasing general awareness regarding waste management, along with the adoption of recycling in the region. According to the Environment Protection Agency (EPA), 41,900 tons of paper was generated as municipal solid waste, out of which, 33,890 tons paper was recycled, in 2018.

Municipal Solid Waste Management Market Image

The global municipal solid waste management market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global municipal solid waste management market includes the following segments:

By Source

  • Residential
  • Hospitals
  • Offices & Institutions 
  • Others

By Treatment

  • Open Dumping
  • Landfills
  • Recycling
  • Incineration
  • Composting
  • Others

Growth Drivers

  • Increasing Generation of Solid Waste
  • Growing Concerns Regarding Proper Waste Management

Challenges

  • Regulatory Controls and Limitations for the MSW Management
  • High Capital Investment

Top Featured Companies Dominating the Market

  • SPML Infra Limited
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Antony Waste Handling Cell Limited
  • Attero B.V.
  • Recology Inc.
  • SUEZ SA
  • Hitachi Zosen Corporation
  • Waste Connections, Inc.
  • Biffa Waste Services Ltd
  • Waste Management, L.L.C.
  • A2Z Group

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved