Global waste management market value 2022-2030| ��ƽ��

Market size of waste management worldwide in 2022, with forecasts until 2030 (in billion U.S. dollars)

Characteristic	Market size in billion U.S. dollars
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Release date

March 2022

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Region

Worldwide

Survey time period

2022

Supplementary notes

* Estimated. For subsequent years, figures are forecasts.
This ��ƽ�� estimate is based on the 2023 value and the compound annual growth rate of 5.4 percent until 2030, which were provided by the source. An exponential development of the value was assumed.

Citation formats

The global waste management market was valued at *** trillion U.S. dollars in 2022. This market was projected to register a compound annual growth rate (CAGR) of *** percent from 2023 to 2030, to reach **** trillion U.S. dollars in the latter year. Waste management deals with municipal, hazardous, electronic, and industrial waste. Industrial waste accounts for the largest share of the market, by revenue.

Waste generation is surging

A key driver for the growth of the global waste management market size is the rise in the world’s population and the subsequent increase in waste generation. In 2016, global municipal solid waste generation was estimated at **** billion metric tons and was expected to surpass billion metric tons by 2050. Increasing government regulations are also expected to support market growth.

How is waste managed?

Waste management consists of collecting, transporting, disposing, recycling, and monitoring waste items in a manner that minimizes environmental and health impacts. There are several treatment and disposal methods available, including composting, recycling, landfilling, and waste-to-energy incineration. However, the most common method of waste disposal worldwide is open dumping, a practice widely seen in low-income countries.