Solid Waste Management Market

By Waste Type;

Industrial Waste and Municipal Waste [Organic Matters, Paper, Plastic, Glass & Metal and Others]

By Treatment Method;

Collection, Processing [Recycling & Composting] and Disposal [Landfilling & Open Dump and Incineration]

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn685881134 Published Date: September, 2025 Updated Date: October, 2025

Solid Waste Management Market Overview

Solid Waste Management Market (USD Million)

Solid Waste Management Market was valued at USD 294,897.61 million in the year 2024. The size of this market is expected to increase to USD 367,645.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.


Solid Waste Management Market

*Market size in USD million

CAGR 3.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.2 %
Market Size (2024)USD 294,897.61 Million
Market Size (2031)USD 367,645.40 Million
Market ConcentrationHigh
Report Pages372
294,897.61
2024
367,645.40
2031

Major Players

  • Biffa Group
  • Green Conversion Systems
  • Recology
  • Hitachi Zosen Corporation
  • Covanta Holding Corporation
  • Keppel Seghers
  • Plasco Conversion Technologies
  • Wheelabrator Technologies
  • China Everbright International

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Solid Waste Management Market

Fragmented - Highly competitive market without dominant players


The Solid Waste Management Market is experiencing substantial growth, driven by the increasing awareness about environmental sustainability and the need for efficient waste disposal systems. As urbanization continues to rise globally, waste generation rates have also surged, prompting a need for improved waste management solutions. Waste segregation, recycling, and composting are becoming key components of waste management strategies, leading to the market's expansion with a growth of over 25%.

Advanced Waste Management Technologies
A significant shift is taking place in the adoption of advanced waste management technologies. Innovations in smart waste management solutions and IoT-based monitoring systems have revolutionized the efficiency of waste collection, transportation, and disposal. These technologies are contributing to enhanced operational efficiency and reducing the carbon footprint of waste management processes, making them more sustainable. The demand for such technologies has increased by 30% in recent years.

Recycling Sector Growth
The recycling sector holds a dominant position in the market, contributing to over 40% of the total market share. With growing pressure to reduce landfill waste, governments and industries are emphasizing circular economy models that prioritize recycling and resource recovery. Materials such as plastics, paper, and metals are in high demand for recycling, and a significant portion of the waste generated is being diverted from landfills, with the recycling rate increasing by 20% in the last few years.

Public-Private Partnerships
Public-private partnerships are also playing a crucial role in the development and expansion of waste management infrastructure. With increased investment in waste processing plants and recycling facilities, the market has seen a surge in technological advancements. The participation of private players in waste management systems has grown by 15%, contributing to the market's overall growth.

Waste-to-Energy Technologies
The adoption of sustainable waste-to-energy technologies is on the rise, with significant developments in converting waste into valuable energy sources like biogas and electricity. This shift not only helps address the growing energy needs but also reduces the environmental impact of waste accumulation. The adoption of such systems has surged by over 20%, further driving market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Waste Type
    2. Market Snapshot, By Treatment Method
    3. Market Snapshot, By Region
  4. Solid Waste Management Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Urbanization and Population Growth
        2. Stringent Government Regulations on Waste Management
        3. Rising Awareness of Environmental Sustainability
        4. Technological Advancements in Recycling and Waste-to-Energy
      2. Restraints
        1. High Initial Investment Costs
        2. Limited Public Awareness and Participation
        3. Lack of Integrated Waste Management Systems
        4. Challenges in Recycling Complex Materials
      3. Opportunities
        1. Expansion of Recycling and Composting Facilities
        2. Adoption of Circular Economy Practices
        3. Development of Smart Waste Management Solutions
        4. Investment Opportunities in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Solid Waste Management Market, By Waste Type, 2021 - 2031 (USD Million)
      1. Industrial Waste
      2. Municipal Waste
        1. Organic Matters
        2. Paper
        3. Plastic
        4. Glass & Metal
        5. Others
    2. Solid Waste Management Market, By Treatment Method, 2021 - 2031 (USD Million)
      1. Collection
      2. Processing
        1. Recycling & Composting
      3. Disposal
        1. Landfilling & Open Dump
        2. Incineration
    3. Solid Waste Management Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Waste Management
      2. Veolia
      3. Republic Services
      4. SUEZ
      5. Waste Connections
      6. Biffa
      7. Clean Harbors
      8. Covanta
      9. Stericycle
      10. Daiseki
      11. Hitachi Zosen
      12. BVG India
      13. Kirchoff
      14. Casella Waste Systems
      15. GFL Environmental
  7. Analyst Views
  8. Future Outlook of the Market