Plastic Waste Management Market was valued at USD 34.5 Billion in 2022 and is projected to reach USD 63.3 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
The global plastic waste management market was valued at approximately USD 37.6 billion in 2022 and is anticipated to experience significant growth over the forecast period. The market is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. This growth is driven by increasing environmental concerns, stringent regulations on plastic waste, and advancements in waste management technologies. The rising awareness among consumers and businesses regarding sustainable practices and recycling is further fueling market expansion. Technological innovations, such as enhanced sorting and recycling technologies, are contributing to the efficiency and effectiveness of plastic waste management systems.
Opportunities in the plastic waste management sector are burgeoning, particularly in emerging markets where rapid urbanization and industrial growth are leading to higher volumes of plastic waste. The implementation of supportive government policies and the development of advanced recycling infrastructure present significant opportunities for market players. Additionally, the increasing focus on circular economy models and the growing investment in research and development for sustainable waste management solutions are expected to drive further market growth. Emerging economies in Asia-Pacific and Latin America are projected to witness substantial growth due to their expanding waste management needs and evolving regulatory landscapes.
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Veolia Environnement
Suez Environnement
Waste Management
Republic Services
Stericycle
Clean Harbors
ADS Waste Holdings
Progressive Waste Solutions
Covanta Holding
Remondis
Parc
Kayama
Shirai
New COOP Tianbao
China Recyling Development
Luhai
Vanden
Fuhai Lantian
Shanghai Qihu
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Plastic Waste Management Market
Plastic Waste
Heat Energy Generation
Recycled Plastics
Others
Based on Types the Market is categorized into Below types that held the largest Plastic Waste Management market share In 2023.
Landfill
Recycle
Incineration
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Plastic Waste Management Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Plastic Waste Management Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Waste Management Market, By Type
6. Global Plastic Waste Management Market, By Application
7. Global Plastic Waste Management Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Plastic Waste Management Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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