South Korea Waste Management Market Size & Outlook
The waste management market in South Korea is expected to reach a projected revenue of US$ 63.0 billion by 2033. A compound annual growth rate of 6.7% is expected of South Korea waste management market from 2026 to 2033.
Revenue, 2025 (US$B)
$37.9
Estimate, 2026 (US$B)
$40.1
Forecast, 2033 (US$B)
$63.0
CAGR, 2026 - 2033
6.7%
Global Market
Related Markets
South Korea waste management market highlights
- The South Korea waste management market generated a revenue of USD 37.9 billion in 2025 and is expected to reach USD 63.0 billion by 2033.
- The South Korea market is expected to grow at a CAGR of 6.7% from 2026 to 2033.
- In terms of segment, collection was the largest revenue generating service type in 2025.
- Disposal is the most lucrative service type segment registering the fastest growth during the forecast period.
Waste management market data book summary
| Market revenue in 2025 | USD 37.9 billion |
| Market revenue in 2033 | USD 63.0 billion |
| Growth rate | 6.7% (CAGR from 2026 to 2033) |
| Largest segment | Collection |
| Fastest growing segment | Disposal |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Collection, Transportation, Disposal |
| Key market players worldwide | Waste Management Inc, SUEZ Environnement, Veolia Environnement SA, Waste Connections Inc, Republic Services Inc, Biffa, Clean Harbors Inc, EQT Corp, Daiseki Co Ltd, Hitachi Zosen Corp, Stericycle Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.5% of the global waste management market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China waste management market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 118.9 billion by 2033.
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Publish Date: Aug 12, 2025
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Waste Management Market Scope
Waste Management Market segmentation & scope
Waste Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Veolia Environnement SA | View profile | 218,288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | www.veolia.com |
| EQT Corp | View profile | 881 | 625 Liberty Avenue, Suite 1700, Pittsburgh, PA, United States, 15222 | www.eqt.com |
| SUEZ Environnement | View profile | 10001+ | Paris, Ile-de-France, France, Europe | www.suez.com/ |
| Waste Management Inc | View profile | 48,000 | 800 Capitol Street, Suite 3000, Houston, TX, United States, 77002 | www.wm.com |
| Clean Harbors Inc | View profile | 21,539 | 42 Longwater Drive, Norwell, MA, United States, 02061-9149 | www.cleanharbors.com |
| Republic Services Inc | View profile | 41,000 | 18500 North Allied Way, Phoenix, AZ, United States, 85054 | www.republicservices.com |
| Biffa | View profile | 5001-10000 | High Wycombe, Buckinghamshire, United Kingdom, Europe | www.biffa.co.uk |
| Hitachi Zosen Corp | View profile | 11,400 | 7-89, Nanko-kita 1-chome, Suminoe-ku, Osaka, Japan, 559-8559 | www.hitachizosen.co.jp |
| Waste Connections Inc | View profile | 22,539 | 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, Canada, L4H 4G3 | www.wasteconnections.com |
| Daiseki Co Ltd | View profile | 1,215 | 1-86 Funami-cho Minato-ku, Aichi, Nagoya, Japan, 4558505 | www.daiseki.co.jp |
South Korea Waste Management Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Waste Management Market Outlook will help companies and investors design strategic landscapes.
Collection was the largest segment with a revenue share of 67.28% in 2025.
Horizon Databook has segmented the South Korea waste management market based on collection, transportation, disposal covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Waste Management Market Service Type Outlook (Revenue, USD Billion , 2021-2033)
- Collection
- Transportation
- Disposal
- South Korea Waste Management Market Waste Type Outlook (Revenue, USD Billion , 2021-2033)
- Municipal Waste
- Medical Waste
- Industrial Waste
- E-waste
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Waste Management Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Waste Management Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Waste Management Market, 2021-2033 (US$B)
South Korea waste management market statistics, by service type, 2021-2033 (USD Billion)
