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PR Newswire
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Waste Management Market to Garner $484.9 Mn by 2025 at 6.0% CAGR: Allied Market Research

PORTLAND, Oregon, January 8, 2019 /PRNewswire/ --

Surge in urban population, rise in environmental awareness, and high growth potential in the developing countries are expected to propel the growth of the global waste management market

Allied Market Research recently published a report, titled, "Waste Management Market: Global Opportunity Analysis and Industry Forecast, 2018-2025". The report offers detailed analyses of the drivers & restraints, top investment pockets, key growth strategies, market size & estimations, and competitive landscape. According to the report, the global waste management market accounted for $303.6 million in 2017 and is expected to reach $484.9 million by 2025, registering the CAGR of 6.0% during the period 2018-2025.

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Rapid urbanization, surge in waste generation, and rise in environmental awareness drive the growth of the global waste management market. Moreover, stringent regulation regarding illegal dumping of waste has supplemented the market growth. However, lack of awareness in developing countries hinders the market growth. On the contrary, high growth potential in emerging economies is expected to create remunerative opportunities for the market players in the coming years.

Municipal waste segment to retain dominance through 2025

The municipal waste segment held the largest share in 2017, contributing more than 54% of the total market revenue, owing to growth in urban population and increase in illegal dumping. However, the industrial waste segment is expected to manifest the fastest CAGR of 6.2% during the forecast period, owing to rapid industrialization and shift of industrial production from developed to developing regions.

Disposal segment to create lucrative opportunities through 2025

The disposable services segment reaped the largest share in 2017, contributing about half of the market share, owing to rise in environmental awareness and strict government regulation for illegal dumping. Moreover, the segment is estimated to register the fastest CAGR of 6.9% during the study period. The other segment of waste collection services is expected to show gradual growth through 2025.

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Asia-Pacific to manifest the fastest growth by 2025

Asia-Pacific region is expected to portray the fastest CAGR of 6.6% during the forecast period, owing to improvement in infrastructure, increase in waste management reforms, and surge in urban population in emerging markets. However, Europe governs the market in terms of revenue, contributing more than one-third of the market share, owing to rapid growth in population, increase in usage of secondary raw materials, and rise in awareness about sustainable waste treatment solution. The other regions analyzed in the report include North America and Latin America, Middle East and Africa (LAMEA).

Major market players

The major players analyzed in the report include Advanced Disposal Services, Clean Harbors, Inc., Daiseki Co. Ltd., Remondis AG & Co. Kg, Veolia Environment S.A., Biffa Group, Covanta Holding Corporation, Hitachi Zosen Corporation, Suez Environment S.A., and Waste Management Inc.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at:https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Reports:

Warehouse Management Systems Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

Air Quality Monitoring Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
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#205, Portland, OR 97220
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Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

© 2019 PR Newswire
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