United States and Canada Waste Management and Circular Economy Market Outlook 2023

United States and Canada Waste Management and Circular Economy Market Outlook 2023

The waste management and circular economy market of the United States and Canada is in full growth. With new recycling targets that must be reached before 2030 and current recycling values close to 30%, countries and stakeholders should focus on improving waste segregation at source, source separation, materials recovery facility optimization, and recycling facilities. Incorporating digital solutions based on artificial intelligence and machine learning will be vital to boosting this market in the coming years and getting closer to the proposed recycling rates. Without neglecting the need to decarbonize this industry and carry out proper emissions management, the market for the management of gases from landfills for generating renewable natural gas (RNG) will see a substantial boost.

This study identifies companies to watch in the United States and Canada waste management and circular economy market and analyzes the factors driving and restraining its growth. It focuses on the following segments: collection, transportation, sorting & separation, reuse & recycling, energy recovery, and landfill management & RNG generation. Frost & Sullivan provides revenue forecasts and analysis and determines the growth opportunities emerging from this space that market participants can leverage. The United States and Canada waste management market is estimated to be $578.18 billion in 2022 and is likely to register a 9.6% CAGR by 2023.