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Municipal Solid Waste Management Market Trends

Report ID: GMI4568
Published Date: Dec 2024
Report Format: PDF

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Municipal Solid Waste Management Market Trends

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.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

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.

The landfill segment is anticipated to exceed USD 110 billion by 2034, driven by population growth, urbanization, and advancements in landfill management technologies.

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.

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.