Waste Recycling Services Market Growth, Trends, Size, Revenue, Scope and Future Competition
Waste Recycling Services Market Size- By Application, By Product- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2023 | Report ID: CHEM2375 | Pages: 1 - 244 | Formats*: |
| Category : Chemical & Materials | |||
Global Waste Recycling Services Market Overview
According to SPER Market Research, the Global Waste Recycling Services Market is estimated to reach USD 101.94 billion by 2033 with a CAGR of 5.02%.
Waste recycling services refer to the collection, sorting, processing, and transformation of waste materials into reusable resources. These services aim to divert waste from landfill and promote the recovery of valuable materials through recycling, composting, and other sustainable methods. Waste recycling services encompass various types of waste, including paper, plastic, glass, metal, electronic waste, organic waste, and more. The services involve the establishment of recycling facilities, the implementation of collection systems, and the adoption of technologies to efficiently process and transform waste into new products or raw materials. Waste recycling services play a crucial role in mitigating environmental impact, conserving resources, reducing greenhouse gas emissions, and promoting a circular economy where waste is viewed as a valuable resource.
Exploring the Growth Drivers of the Global Waste Recycling Services Industry.
The Global waste recycling services industry is driven by factors such as increasing environmental awareness, government regulations, resource scarcity, and the adoption of circular economy principles. Growing consciousness about the environmental impact of waste disposal has led to higher demand for recycling services. Governments worldwide have also implemented stringent regulations and policies to promote recycling and waste reduction. Resource scarcity and rising raw material costs have also driven the need for alternative sources of materials, making waste recycling economically attractive. Additionally, the adoption of circular economy models has contributed to the industry's growth by emphasizing the importance of keeping resources in use through recycling and reuse practices.
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What challenges does the Global Waste Recycling Services Market face?
The Global Waste Recycling Services Market faces significant challenges that can hinder its growth and sustainability. These challenges include contamination and the complex sorting of different types of waste, leading to reduced quality and value of recycled products. The lack of standardized recycling practices and regulations across regions and countries creates hurdles for efficient waste management. Limited recycling infrastructure and processing capacity restrict the handling of large waste volumes, resulting in backlogs and delays. Some recycling processes may not be economically viable due to high costs, low demand for recycled materials, or market fluctuations. Additionally, limited public awareness and participation in recycling programs, along with insufficient education and outreach, can lower recycling rates and contribute to improper waste disposal practices. Addressing these challenges requires industry collaboration, improved infrastructure, standardized practices, and enhanced public engagement.
In what ways has the COVID-19 pandemic affected Global Waste Recycling Services Market?
The COVID-19 pandemic has presented challenges to the Global Waste Recycling Services Market. Disruptions in global supply chains due to trade restrictions and transportation difficulties have affected the export and import of recyclable materials. Financial constraints resulting from the economic impact of the pandemic have led to budget cuts and reduced investments in waste management and recycling programs. The emphasis on hygiene and safety has necessitated changes in waste management practices to properly handle and dispose of potentially contaminated waste. However, the pandemic has also underscored the importance of resilient waste management systems, sustainable practices, and circular economy principles. It has created opportunities to prioritize waste reduction, improve recycling infrastructure, and foster collaboration among stakeholders to build a more resilient and sustainable waste recycling services industry.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application, By Product |
| Regions covered | Asia-Pacific, Europe, the Middle East and Africa, North America, and Latin America |
| Companies Covered | Advanced Disposal Services, Amdahl Corp., Clean Harbors Inc., Covanta Holding Corporation, Daiseki Co. Ltd, Epson Inc., Eurokey Recycling Ltd., FCC Environment Limited, Fetzer Vineyards, Hitachi Zosen Corporation, Interface Inc., Northstar Recycling, REMONDIS SE & Co. KG, Republic Services, Rubicon Global, RU Recycling- und Umweltdienst GmbH, Stericycle, Triple M Metal LP, Xerox Corp., Zanker Road Landfill., Others |
Key Target Audience
- Commercial and Industrial Sector
- Construction and Demolition Industry
- Consumers and Household Sector
- Educational Institutions
- Energy and Resource Recovery Companies
- Environmental Agencies and Organizations
- Healthcare and Pharmaceutical Sector
- Municipalities and Government Entities
- Packaging and Consumer Goods Industry
- Public Awareness and Advocacy Groups
- Waste Management Companies
Global Waste Recycling Services Market Segmentation:
1. By Application:
- Global Waste Recycling Services Market Value Share and Forecast, By Application, 2023-2033
- Industrial
- Municipal
- Others
2. By Product:
- Global Waste Recycling Services Market Value Share and Forecast, By Product, 2023-2033
- Bulbs & Batteries
- Electronics
- Food
- Glass
- Metals
- Paper and Paperboard
- Plastic
- Yard Trimmings
- Others
3. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report
- Global Waste Recycling Services Market Size (FY’2023-FY’2033)
- Outline of Global Waste Recycling Services Market
- Segmentation of Global Waste Recycling Services Market By Application (Industrial, Municipal, Others)
- Segmentation of Global Waste Recycling Services Market By Product (Bulbs & Batteries, Electronics, Food, Glass, Metals, Paper and Paperboard, Plastic, Yard Trimmings, Others)
- Statistical Snap of Global Waste Recycling Services Market
- Growth Analysis of Global Waste Recycling Services Market
- Problems and Obstacles in Global Waste Recycling Services Market
- Competitive View in the Global Waste Recycling Services Market
- Effect of COVID-19 and Demonetization on Global Waste Recycling Services Market
- Details on New Investment in Global Waste Recycling Services Market
- Competitive Analysis of Global Waste Recycling Services Market
- Key Participants in the Global Waste Recycling Services Market
- SWOT Analysis of Global Waste Recycling Services Market
- Global Waste Recycling Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analystx
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Waste Recycling Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Waste Recycling Services Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Waste Recycling Services Market
7. Global Waste Recycling Services Market, By Application (USD Million)
7.1. Global Waste Recycling Services Market Value Share and Forecast, By Application, 2023-20337.2. Industrial7.3. Municipal7.4. Others
8. Global Waste Recycling Services Market, By Product (USD Million)
8.1. Global Waste Recycling Services Market Value Share and Forecast, By Product, 2023-20338.2. Bulbs & Batteries8.3. Electronics8.4. Food8.5. Glass8.6. Metals8.7. Paper and Paperboard8.8. Plastic8.9. Yard Trimmings8.10. Others
9. Global Waste Recycling Services Market Forecast, 2019-2033 (USD Million)
9.1. Global Waste Recycling Services Market Size and Market Share
10. Global Waste Recycling Services Market, By Application, 2019-2033 (USD Million)
10.1. Global Waste Recycling Services Market Size and Market Share By Application (2019-2026)10.2. Global Waste Recycling Services Market Size and Market Share By Application (2027-2033)
11. Global Waste Recycling Services Market, By Product, 2019-2033 (USD Million)
11.1. Global Waste Recycling Services Market Size and Market Share By Product (2019-2026)11.2. Global Waste Recycling Services Market Size and Market Share By Product (2027-2033)
12. Global Waste Recycling Services Market, By Region, 2019-2033 (USD Million)
12.1. Global Waste Recycling Services Market Size and Market Share By Region (2019-2026)12.2. Global Waste Recycling Services Market Size and Market Share By Region (2027-2033)12.3. Asia-Pacific
12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada12.6.2. Mexico12.6.3. United States
12.7. Latin America
12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. Advanced Disposal Services
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Amdahl Corp.
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. Clean Harbors Inc.
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. Covanta Holding Corporation
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. Daiseki Co. Ltd
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. Epson, Inc.
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Eurokey Recycling, Ltd.
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. FCC Environment Limited
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Fetzer Vineyards
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. Hitachi Zosen Corporation
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Interface Inc.
13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments
13.12. Northstar Recycling
13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments
13.13. REMONDIS SE & Co. KG
13.13.1. Company details13.13.2. Financial outlook13.13.3. Product summary13.13.4. Recent developments
13.14. Republic Services
13.14.1. Company details13.14.2. Financial outlook13.14.3. Product summary13.14.4. Recent developments
13.15. Rubicon Global
13.15.1. Company details13.15.2. Financial outlook13.15.3. Product summary13.15.4. Recent developments
13.16. RU Recycling- und Umweltdienst GmbH
13.16.1. Company details13.16.2. Financial outlook13.16.3. Product summary13.16.4. Recent developments
13.17. Stericycle
13.17.1. Company details13.17.2. Financial outlook13.17.3. Product summary13.17.4. Recent developments
13.18. Triple M Metal LP
13.18.1. Company details13.18.2. Financial outlook13.18.3. Product summary13.18.4. Recent developments
13.19. Xerox Corp.
13.19.1. Company details13.19.2. Financial outlook13.19.3. Product summary13.19.4. Recent developments
13.20. Zanker Road Landfill
13.20.1. Company details13.20.2. Financial outlook13.20.3. Product summary13.20.4. Recent developments
13.21. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Waste Recycling Services Market is projected to reach USD 101.94 billion by 2033, growing at a CAGR of 5.02% during the forecast period.
Waste Recycling Services Market grew in market size from 2022. The Market is expected to reach USD 101.94 billion by 2033, at a CAGR of 5.02% during the forecast period.
Waste Recycling Services Market CAGR of 5.02% during the forecast period.
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Waste Recycling Services Market size is USD 101.94 billion from 2023 to 2033.
Waste Recycling Services Market Segment is covered By Application, By Product.
The North America region is anticipated to have the highest market share in the Waste Recycling Services Market.
The key players in the market include Companies Covered Advanced Disposal Services, Amdahl Corp., Clean Harbors Inc., Covanta Holding Corporation, Daiseki Co. Ltd, Epson Inc., Eurokey Recycling Ltd., FCC Environment Limited, Fetzer Vineyards, Hitachi Zosen Corporation, Interface Inc., Northstar Recycling, REMONDIS SE & Co. KG, Republic Services, Rubicon Global, RU Recycling- und Umweltdienst GmbH, Stericycle, Triple M Metal LP, Xerox Corp., Zanker Road Landfill., Others.
The services involve the establishment of recycling facilities, the implementation of collection systems, and the adoption of technologies to efficiently process and transform waste into new products or raw materials.
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