Waste Recycling Service Market Report: Trends, Forecast and Competitive Analysis to 2030
Waste Recycling Service Trends and Forecast
The future of the global waste recycling service market looks promising with opportunities in the municipal and industrial markets. The global waste recycling service market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing concerns regarding waste management and growing challenges pertaining to waste disposal.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Waste Recycling Service by Segment
The study includes a forecast for the global waste recycling service by product type, application, and region.
Waste Recycling Service Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Paper & Paperboard
- Metals
- Plastics
- Glass
- Food
- Bulbs, Batteries & Electronics
- Yard Trimmings
Waste Recycling Service Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Municipal
- Industrial
- Others
Waste Recycling Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Waste Recycling Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waste recycling service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waste recycling service companies profiled in this report include-
- Eurokey Recycling
- Northstar Recycling
- Amdahl
- Interface
- Covanta
Waste Recycling Service Market Insights
Lucintel forecasts that paper & paperboard is expected to witness the highest growth over the forecast period due to the growing generation of paper waste through packaging, newspapers, and containers.
Within this market, municipal will remain the largest segment due to favorable policy decision for waste management and get one step closer to a future that is more sustainable.
APAC is expected to witness highest growth over the forecast period due to population growth and rapid industrialization & urbanization.
Features of the Global Waste Recycling Service Market
Market Size Estimates: Waste recycling service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Waste recycling service market size by product type, application, and region in terms of value ($B).
Regional Analysis: Waste recycling service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the waste recycling service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the waste recycling service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the waste recycling service market size?
Answer: The global waste recycling service market is expected to reach an estimated $79.4 billion by 2030.
Q1. What is the growth forecast for waste recycling service market?
Answer: The global waste recycling service market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the waste recycling service market?
Answer: The major drivers for this market are increasing concerns regarding waste management and growing challenges pertaining to waste disposal.
Q3. What are the major segments for waste recycling service market?
Answer: The future of the waste recycling service market looks promising with opportunities in the municipal and industrial markets.
Q4. Who are the key waste recycling service market companies?
Answer: Some of the key waste recycling service companies are as follows:
- Eurokey Recycling
- Northstar Recycling
- Amdahl
- Interface
- Covanta
Q5. Which waste recycling service market segment will be the largest in future?
Answer: Lucintel forecasts that paper & paperboard is expected to witness the highest growth over the forecast period due to the growing generation of paper waste through packaging, newspapers, and containers.
Q6. In waste recycling service market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to population growth and rapid industrialization & urbanization.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the waste recycling service market by product type (paper & paperboard, metals, plastics, glass, food, bulbs, batteries & electronics, and yard trimmings), application (municipal, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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