Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Waste Recycling Services - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Waste Recycling Services is estimated at US$61.2 Billion in 2023 and is projected to reach US$77.9 Billion by 2030, growing at a CAGR of 3.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the waste recycling services market is driven by several factors including increasing regulatory pressure and environmental policies that mandate higher recycling rates and more sustainable waste management practices. Economic incentives such as pay-as-you-throw schemes and producer responsibility obligations have also significantly influenced both commercial and residential participation rates in recycling programs. Consumer behavior trends towards more sustainable lifestyles have led to greater demand for recycling services as part of a broader environmental consciousness.
Additionally, the expansion of the circular economy, where end-of-life products are reintegrated into the production cycle, creates continuous demand for recycled materials, further propelling the industry. With urbanization and industrial growth continuing globally, the need for effective waste management solutions is becoming more acute, thus ensuring steady growth for the recycling services sector.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Waste Recycling Services Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Waste Recycling Services Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Paper & Paperboard Material segment, which is expected to reach US$33.5 Billion by 2030 with a CAGR of a 4.1%. The Bulbs, Batteries, & Electronics Material segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $16.7 Billion in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $16.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Biffa Ltd, Clean Harbors, Inc., Daiseki Co. Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $61.2 Billion |
| Forecasted Market Value (USD) by 2030 | $77.9 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Waste Recycling Services - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Environmental Regulations Propel Growth in Waste Recycling Services
- Rising Global Awareness of Sustainability Drives Demand for Recycling
- Expansion of the Circular Economy Expands Market Opportunities for Recycling Services
- Technological Innovations in Recycling Processes Enhance Efficiency and Capability
- Growth in Urban Populations Spurs Demand for Efficient Waste Management Solutions
- Enhanced Focus on Reducing Landfill Use Boosts Recycling Initiatives
- Development of Advanced Sorting and Processing Technologies Promotes Recycling Accuracy
FOCUS ON SELECT PLAYERS(Total 86 Featured)
- Biffa Ltd
- Clean Harbors, Inc.
- Daiseki Co. Ltd.
- Eurokey Recycling, Ltd.
- FCC Environmental Services
- Hitachi Zosen Corporation
- Interface, Inc.
- Northstar Recycling Company, LLC
- Remondis SE & Co. KG
- Reworld Holding Corporation
- Triple M Metal LP
- Urbaser S.A.
- Veolia Environnement S.A.
- Waste Connections, Inc.
- Waste Management, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/145oku
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