Home
»
Press Room
»
Waste Management Market To Reach $2,365.14Bn By 2033

Waste Management Market To Reach $2,365.14 Billion By 2033

August 2025 | Report Format: Electronic (PDF)

Waste Management Market Growth & Trends

The global waste management market size is estimated to reach USD 2,365.14 billion by 2033, registering a CAGR of 5.9% from 2025 to 2033, according to a new report by Grand View Research, Inc. Proactive government measures to decrease illegal dumping and the rising adoption of waste-to-energy (WTE) incineration and recycling techniques are anticipated to boost the market growth.

Rapid industrialization in developing countries such as India and China generates waste and causes pollution by the end-use industries. Rising environmental awareness regarding renewable waste management among individuals and increasing CO2 emissions across the globe are expected to have a positive impact on the market growth over the forecast period.

The adoption of plastics in packaging, consumer goods, transportation, electrical/electronic, and machinery manufacturing industries is witnessing significant growth. Rising demand for consumer electronics such as mobiles, which are typically composed of 40% plastic, PCs/laptops, washing machines, and dishwashers is expected to boost the market growth.

The demand for electronic products is rising rapidly globally, resulting in the increased generation of e-waste. The electronics companies are focusing on the usage of recycled material for production to limit the environmental degradation caused by e-waste. The rising demand for recycled materials from the electronics industry is expected to foster market growth.

The governments of various countries have introduced regulations regarding the effective disposal of wastes such as the landfill directive (1999/31/EC) standards for landfills announced by the European Union. The rising adoption of these regulations is expected to enhance sustainable waste management practices including recycling and anaerobic digestion, thereby fueling the market growth.

Companies are focusing on mergers and acquisitions to increase the consumer base and expand their geographical presence. For instance, in October 2020, Waste Management acquired Advanced Disposal Services, providing waste management services to around new 3 million residential, industrial, and commercial customers in the U.S.

key Request a free sample copy or view the report summary: Waste Management Market Report

Waste Management Market Report Highlights

By service type, the disposal segment is estimated to expand at the highest CAGR of 6.4% over the forecast period as the sustainable methods of disposal reduce pollution and recycled materials can also be used in various end-use industries.
By waste type, the industrial waste segment held the largest market share of 85.8% in 2024, owing to the increasing generation of waste from several end-use industries such as oil & gas, chemical, construction, and electronics.
Asia Pacific is expected to grow at the fastest CAGR of 6.5% from 2025 to 2033, on account of the rising adoption of various waste management techniques for limiting the environmental degradation in the region.
The North America waste management market accounted for the largest share of 33.3% in 2024. The growth is driven by stringent environmental regulations and high public awareness.