Taiwan 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
Taiwan Waste Management Market size was valued at USD 9.27 billion in 2023, and is predicted to reach USD 16.05 billion by 2030, at a CAGR of 7.10% from 2024 to 2030.
The rise in waste generation is driving the growth of the waste management market in Taiwan. As waste volumes increase, there is a growing need for effective waste management solutions to manage this surge. According to the latest report by Greenpeace East Asia, plastic waste in household trash rose to 28% in 2022, up from 17% in 2017. This growth underscores the demand for advanced waste processing technologies, recycling facilities, and comprehensive waste management systems. The necessity to address these increasing waste challenges is propelling market expansion and fostering innovation in waste management practices across the country.
In addition, government initiatives are further driving the growth of the waste management market in Taiwan. The Taiwanese government introduced a series of policies and regulations focused on enhancing waste management and promoting recycling. According to the Ministry of Environment (MOENV), Taiwan is committed to achieving net-zero emissions by 2050, with a focus on fostering a circular economy, zero emissions, and zero waste. These initiatives, include stricter waste disposal regulations and investments in advanced waste processing infrastructure, creating a favorable environment for market growth.
However, the limited space for landfill expansion in the country requires expensive investments in alternative waste management solutions, that hinders market growth. As urbanization and population growth continue, available land for landfill use is becoming increasingly scarce. This shortage of space presents significant challenges for waste reduction companies that have traditionally relied on landfills as their primary method of waste disposal.
On the contrary, the adoption of waste-to-energy technologies such as incineration, anaerobic digestion, and gasification offers substantial growth potential for the waste management market. These technologies convert waste into usable energy, helping reduce reliance on landfills while supporting sustainable energy generation. By turning waste into a valuable resource, waste-to-energy solutions enhance environmental sustainability and fuel market expansion. This forward-thinking approach aligns with global shifts toward circular economy practices and brings economic advantages by generating energy from waste, paving the way for promising growth in the waste recycling sector.
Segment OverviewTaiwan 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• Taiwan 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 Taiwan 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.