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Municipal Solid Waste Management Market Size
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.
How big is the global municipal solid waste management market?
The global market size for municipal solid waste management was valued at USD 125 billion in 2024 and is projected to reach USD 172.4 billion by 2034, driven by a CAGR of 3.3% from 2025 to 2034.
What is the forecast for the U.S. municipal solid waste management market?
The U.S. market is set to grow over USD 20 billion by 2034, driven by the transition to advanced recycling practices and supportive regulatory policies.
What is the projected growth of the landfill segment in the municipal solid waste management industry?
The landfill segment is anticipated to exceed USD 110 billion by 2034, driven by population growth, urbanization, and advancements in landfill management technologies.
Who are the major players in the municipal solid waste management industry?
Major players include Biffa, China Everbright Environment Group, Clean Harbors, Cleanaway, E.L. Harvey, GFL Environmental, Hitachi Zosen, Keppel Seghers, OMNI Conversion Technologies, Recology, Reworld, SUEZ, Veolia, Waste Connections, Waste Management, and WIN Waste Innovations.