India Waste Management Market by Waste Type (Municipal Solid Waste (MSW) or Household, Industrial, and Commercial) and by Waste Treatment (Composting, Incineration, Controlled Landfill, Uncontrolled Landfill, Sanitary Landfill, Open Dump, and Recycling)– Opportunity Analysis and Industry Forecast, 2024 – 2030
India Waste Management Market size was valued at USD 22.17 billion in 2023, and is predicted to reach USD 54.20 billion by 2030, at a CAGR of 12.5% from 2024 to 2030.
The growing population in India is driving the expansion of the waste management market. As the population increases, so does the volume of waste generated, leading to a heightened demand for effective waste management solutions. According to the latest report from the World Bank Group, India’s population reached 1.43 billion in 2023, up from 1.21 billion in 2008, marking an 18.2% increase. This rise in population drives investments in waste management infrastructure, technology, and services, accelerating market growth.
Additionally, the surge in waste generation further propels market growth. The increasing waste volumes create a need for advanced waste management solutions, spurring investments in technology, infrastructure, and services. The latest report from the Energy and Resources Institute (TERI) indicates that India generates over 62 million tons of waste annually. This trend promotes market expansion by opening up opportunities for innovation and improvements in waste handling and processing.
However, compliance with strict waste processing, recycling, and disposal standards demands significant investments in technology and infrastructure, that slows market growth in the country. As regulatory bodies tighten environmental standards to reduce pollution and promote sustainability, waste management companies must adopt more advanced and costly technologies. These include advanced sorting systems, cutting-edge recycling facilities, and innovative waste-to-energy plants, all designed to meet higher efficiency and environmental performance benchmarks.
On the other hand, the adoption of waste-to-energy technologies, including incineration, anaerobic digestion, and gasification, represents a major growth opportunity for the waste management market. These methods convert waste into usable energy, thereby decreasing reliance on landfills and supporting sustainable energy production. By turning waste into a valuable resource, waste-to-energy solutions advance environmental sustainability and stimulate market growth. This innovative approach is in line with global trends towards circular economy practices and provides economic advantages through energy generation from waste, creating a promising pathway for the expansion of the waste reduction sector.
Segment OverviewIndia waste management industry is segmented based on waste type and waste treatment.
• Based on waste type, the market is segmented into municipal solid waste (MSW) or household, industrial and commercial.
• Based on waste treatment, the market is classified into composting, incineration, controlled landfill, uncontrolled landfill, sanitary landfill, open dump, recycling.
Key Benefits• India waste management market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in India waste management market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.