Global Waste Management Market Value to Reach $684.35 billion by 2028: Stratistics MRC
HYDERABAD, TELANGANA, INDIA, March 28, 2022 /EINPresswire.com/ — Waste Management Market Forecasts to 2028 – Global Analysis By Waste Type (Hazardous Waste, Municipal Waste, Industrial Waste, Bio-medical, E-waste), Service (Collection Service, Disposal Service) and By Geography
The Global Waste Management Market is accounted for $423.40 billion in 2021 and is expected to reach $684.35 billion by 2028 growing at a CAGR of 7.1% during the forecast period. Waste management is the collection, transportation and disposable of garbage, sewage, and other waste products. It involves treating solid waste and disposing unwanted products and substances in a safe and efficient manner. Waste management includes all types of waste including solid, liquid, or gas. Waste management deals with municipal, industrial, and hazardous waste. The E-waste segment is expected to be the largest during the forecast period, due to rapid urbanization, transforming urban mobility, and increased need to reduce carbon emissions. Asia Pacific is projected to hold the largest market share, owing to the population growth in the region, high disposable income of the people, and increased demand for packaged food products. Europe is projected to have the highest CAGR due to the owing to existence of well-developed infrastructure, increasing awareness regarding positive impact of waste minimization and recycling on environment, and presence of various end-user industries in the region.
Some of the key players profiled in the Waste Management Market include Hitachi Zosen Corporation, Advanced Disposal Services, Covanta Holding Corporation, Biffa Group, Suez Environment S.A., Veolia Environment S.A., Daiseki Co. Ltd, Clean Harbors Inc, Republic Services, Remondis AG & Co. Kg, Biomedical Waste Solutions, Waste Management Inc, Urbaser, Waste Connections, and FCC Environment.
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