Global Liquid Waste Management Market - Forecasts from 2024 to 2029

Global Liquid Waste Management Market - Forecasts from 2024 to 2029

The global liquid waste management market is estimated at US$90.205 billion in 2024 and is anticipated to grow at a CAGR of 5.45% during the forecast period and reach US$117.589 billion in 2029.

The global liquid waste management market is driven by the surging number of water-borne diseases such as malaria, typhoid, diarrhea, cholera, and other related diseases, which cause safety concerns and increase toxicity among individuals. The market is also expected to be driven by the rising population, increasing urbanization, and surging liquid waste from residential areas, industries, etc.

GLOBAL LIQUID WASTE MANAGEMENT MARKET DRIVERS:

The increasing number of waterborne diseases is expected to propel the market for liquid waste management in the coming years. Some of the most common water-borne diseases are Typhoid, Cholera, diarrhea, and Malaria. For instance, according to the World Health Organization (WHO), global cholera cases doubled from 2021 to 2022, and the number of cases climbed further in 2023. The reported cholera cases in 2022 were 4,72,697, up from 2,23,370 in 2021. The number of countries reporting cholera increased from 35 to 41. Additionally, there was a cholera outbreak in 2022 that was larger and more frequent in seven countries, namely Cameroon, Afghanistan, the Democratic Republic of the Congo, Somalia, Nigeria, Malawi, and Syria. This reported an outbreak of more than 10,000 people.
Similarly, typhoid cases are rapidly increasing in developing countries such as India. For instance, according to the World Health Organization (WHO), the number of typhoid cases in 2022 in India was 4,02,532, which increased to 5,74,129 in 2023. Hence, the increasing number of waterborne diseases is expected to increase the demand for liquid waste management in the projected period.

GLOBAL LIQUID WASTE MANAGEMENT MARKET GEOGRAPHICAL OUTLOOK:

The North American region is anticipated to hold a significant share in the coming years.

The North American region is anticipated to hold a significant share in the projected period, owing to the increasing disposal regulations and stringent government regulations regarding waste management. Additionally, the country has major waste management plants, and major companies operating in the waste management segment are in the North American region.

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Report Coverage:

Historical data & forecasts from 2022 to 2029
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The global liquid waste management market is segmented and analyzed as follows:

By Source:

Industrial
Commerical
Residential

By Service:

Disposal/Recycling
Transportation
Collection

By End-User:

Oil and Gas
Iron and Steel
Automotive
Textile
Others

By Geography:

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
Japan
China
India
South Korea
Indonesia
Thailand
Others