Municipal Solid Waste Management Market Analysis

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.