Global Plastic Waste Management Market 2023-2029
Plastic waste management refers to the collection, recycling, and disposal of plastic waste. Plastic waste has become a major environmental problem due to its non-biodegradability and high production rates. Poor plastic waste management can result in pollution of land, water, and marine environments, and can have significant impacts on human health and wildlife. According to the latest estimates, the global plastic waste management market is set to achieve an incremental growth of USD 8.9 billion, accelerating at a CAGR of almost 3.76% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global plastic waste management market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the service, source, polymer type, and region. The global market for plastic waste management can be segmented by service: collection, recycling, incineration, landfills. Among these, the landfills segment was accounted for the highest revenue generator in 2022. Plastic waste management market is further segmented by source: residential, commercial, industrial, others. The residential segment is estimated to account for the largest share of the global plastic waste management market. Based on polymer type, the plastic waste management market is segmented into: polypropylene (PP), low-density polyethylene (LDPE), high-density polyethylene (HDPE), polyvinyl chloride (PVC), polyurethane (PUR), polyethylene terephthalate (PET), others. The polypropylene (PP) segment held the largest share of the global plastic waste management market in 2022 and is anticipated to hold its share during the forecast period. On the basis of region, the plastic waste management market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, Asia-Pacific made up the largest share of revenue generated by the plastic waste management market.
Market Segmentation
By service: collection, recycling, incineration, landfills
By source: residential, commercial, industrial, others
By polymer type: polypropylene (PP), low-density polyethylene (LDPE), high-density polyethylene (HDPE), polyvinyl chloride (PVC), polyurethane (PUR), polyethylene terephthalate (PET), others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global plastic waste management market. Some of the leading players profiled in the report include Biffa plc, Clean Harbors, Inc., Covanta Holding Corporation, Remondis SE & Co. KG, Republic Services, Inc., Stericycle Inc., Suez S.A., Veolia Environment S.A., Waste Connections. Inc., Waste Management, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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