Report ID: SQMIG15A2139
Report ID:
SQMIG15A2139 |
Region:
Global |
Published Date: August, 2024
Pages:
157
|
Tables:
95 |
Figures:
76
Waste Management Market size was valued at USD 1.39 Trillion in 2023 and is poised to grow from USD 1.47 Trillion in 2024 to USD 2.24 Trillion by 2032, growing at a CAGR of 0.0543 during the forecast period (2025-2032).
Rapidly increasing global population is the primary factor that has resulted in increased volume of waste thereby promoting waste management demand as well. Increasing awareness among consumers, imposition of strict waste management mandates, and emphasis on improving environmental conservation are other factors that could bolster waste management market growth over the coming years. Incentives for recycling and advancements in waste recycling technologies are also expected to alter the global waste management market development trajectory across the study period. Developing countries are lacking in waste management whereas developed countries are leading the adoption of advanced waste management solutions and services. However, lack of infrastructure in developing regions, high costs of waste management operations, and community opposition are some top restraints that could impede waste management demand in the future.
US Waste Management Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15A2139