Thailand 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

Thailand 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

Thailand Waste Management Market size was valued at USD 18.28 billion in 2023, and is predicted to reach USD 34.83 billion by 2030, at a CAGR of 8.60% from 2024 to 2030.

The rise in urbanization is accelerating the growth of the waste management market in Thailand. As cities expand and populations increase, the volume of waste generated rises significantly, driving the demand for efficient waste management solutions. According to the latest World Bank Group report, Thailand’s urban population reached 38.4 million in 2023, up from 29.9 million in 2010 marking an increase of 28.4%. This urban growth spurred investments in infrastructure and technology by both government and private sectors, further supporting the expansion of the waste management market in the country.

Additionally, the growing volume of waste generation is fueling the market's growth. With the country’s expanding population and economic activities, waste production continues to climb, creating an urgent need for effective management solutions. According to the United Nations Ocean Conference (UNOC), Thailand generates 26 million tons of waste annually, with about 50,000 tons ending up in the ocean. This rise in waste production necessitates enhanced waste collection, processing, and disposal services, encouraging investments in advanced technologies and infrastructure.

However, the shortage of adequate waste processing facilities, combined with the complexity of regulatory compliance, impedes efficient waste management practices and hinders market growth in the country. As urbanization and industrialization increase waste generation, the demand for effective waste processing facilities exceeds the capacity of current infrastructure. This leads to over-reliance on insufficient facilities that struggle with the growing volume and variety of waste, resulting in inefficiencies and environmental issues.

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 Overview

Thailand 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
• Thailand 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 Thailand 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.