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The global municipal solid waste management market size in 2024 was valued at USD 125 billion and is estimated to grow at a CAGR of 3.3% from 2025 to 2034. The transition from conventional waste disposal methods to sustainable and innovative waste management models is driving industry growth.
The increasing demand for clean energy, driven by the need to mitigate climate change impacts, has led to the utilization of waste as a renewable energy source, augmenting the industry outlook. Waste-to-energy facilities incinerate municipal solid waste to generate steam, which is then used to produce electricity through turbines. Moreover, stringent regulations toward environment sustainability along with introduction of mandates toward reduction of solid waste from commercial establishments will positively influence the business dynamics.
Report Attribute | Details |
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Base Year: | 2024 |
Municipal Solid Waste Management Market Size in 2024: | USD 125 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 3.3% |
2025 – 2034 Value Projection: | USD 172.4 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 105 |
Tables, Charts & Figures: | 32 |
Segments covered: | Source, Treatment, Material, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The municipal solid waste management industry is set to grow owing to significant advancements in waste-to-energy technology along with shifting focus toward solid waste disposal to enhance the quality of life. These innovations allow for substantial reduction in waste volume, with some plants capable of converting large amounts of garbage into a fraction of its original weight in ash, complementing the industry landscape. Efforts to educate communities about the health and quality-of-life improvements associated with proper waste management will drive the industry growth. For instance, in June 2024, The EU members voted for the revision of waste framework directive, introducing binding reduction targets for food waste and implements an extended producer responsibility system for textiles.
Landfill segment is anticipated to grow over USD 110 billion by 2034. Landfills are designated areas for solid waste disposal, remain a prevalent waste management solution, particularly in developing nations. Governments worldwide have implemented regulations to mitigate environmental impacts and promote landfill gas utilization for energy production, complementing the business landscape. Population growth, growing urbanization, and increasing waste generation have led to the adoption of these practices. Additionally, technological advancements in landfill management and gas capture systems contribute to the industry growth.
municipal solid waste management market from residential segment is anticipated to witness a CAGR of over 2% till 2034. Ongoing expansion of the residential establishments, rapid urbanization in emerging economies is driving the deployment of residential waste management solutions. Increased production capacity to meet consumer demand has led to higher waste generation from the residential establishments, positively influencing the business landscape. Shifting consumer preference for manufactured goods and products has resulted in significant growth of municipal solid waste across residential areas.
U.S. municipal solid waste management market is set to grow over USD 20 billion by 2034. Ongoing transition from traditional waste collection and disposal methods to more advanced recycling practices along with construction of high-capacity recycling facilities has complement the business landscape. Implementation of supportive regulatory policies and binding regulations concerning recycling and waste management, further driving the industry growth. For instance, in January 2024, The U.S. Environmental Protection Agency has put forward a plan to update Clean Air Act regulations for major municipal solid waste incinerators. The proposal seeks to cut down emissions of nine key pollutants, potentially reducing air pollution by 14,000 tons annually, enhance air quality in nearby communities and reflects the latest cost-effective pollution control methods.
Major players operation across the municipal solid waste management market are focusing on inorganic growth strategies, primarily mergers and acquisitions and joint ventures to gain a competitive edge in the market. These strategies are designed to enhance companies' growth prospects and transform their overall business plans. The increasing demand for renewable energy and improved disposal and treatment of municipal solid waste is driving companies to introduce new products and services and expand their operations. Service providers are now focusing on addressing gaps and enhancing waste management systems and disposal practices due to growing pressure on existing systems.
Major players operating across the industry include:
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Market, By Source
Market, By Treatment
Market, By Material
The above information has been provided for the following regions and countries: