Waste Management Market to Surge

Ireland-based ResearchAndMarkets.com has added the “Waste Management and Remediation Services Market Report 2025”.

According to the information, this market is experiencing robust growth, driven by increasing waste generation and pressing environmental concerns. It is projected to grow from 762.9 billion US-Dollar in 2024 to 822.05 billion US-Dollar in 2025 at a compound annual growth rate (CAGR) of 7.8 percent. By 2029, the market is set to reach 1.07 trillion US-Dollar at a projected CAGR of seven percent. “This growth is spurred by circular economy initiatives, sustainability efforts, and advancements in technology,” the market research store explained. “Major trends include the adoption of circular economy practices, development of green infrastructure, and enhanced e-waste management strategies.”

Environmental regulations combined with the rise in urbanization and population growth have heightened the demand for effective waste management solutions. ResearchAndMarkets.com stated – referring to The World Bank – that annual waste generation is expected to hit 3.88 billion tons by 2050, “underscoring the urgency for efficient waste management and remediation services to mitigate environmental and health impacts. The expansion of mining activities further propels market growth, as these operations depend on effective waste management to ensure environmental compliance.”

Western Europe leads the market, followed by the Asia-Pacific region. Other significant regions covered in the report would include Eastern Europe, North America, and Africa. The detailed market analysis would provide insights into the market size, regional shares, competitor strategies, and emerging opportunities, crucial for stakeholders aiming to thrive in this dynamic industry.

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(Published in GLOBAL RECYCLING Magazine 2/2025, Page 18, Photo: MSV, KI-generated)