Latest report on Waste Management Market | Growth, Trends, Key Players and Forecast To 2027

Astute Analytica has recently published a new market research report titled, “waste management market by type and service: opportunity analysis and industry forecast, 2020–2027.”

The latest market research report on the Waste Management Market predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Further, the document provides comprehensive analysis of the key industry trends as well as the opportunities that will ensure an upward growth trajectory in the coming years. It also focuses on developing strategies for challenges faced by the industry. Moreover, an exhaustive discussion of the latest updates including the impact of COVID-19 pandemic is furnished in the study.

As per our analysis the global waste management market size accounted for $2,080.0 billion in 2019, and is expected to reach $2,339.8 billion by 2027, registering a CAGR of 5.5% from 2020 to 2027.

Market forecast was calculated based on in-depth understanding of the future market spending patterns and prevailing market penetration. In the market research study, the market forecasting is based upon a market model, derived from market dynamics, connectivity, and above listed determinants. These calculations are derived on the basis of facts from authentic sources, such as companies’ annual reports, research papers, government websites, white paper, journal, interviews and other secondary sources of information. Information sources were researched by regressive analysis and primary and secondary research instruments.

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 In 2019, Asia-Pacific region dominated the global market, in terms of revenue, accounting for about 58.0% share of the global waste management industry, followed by Europe and LAMEA.

Some Findings of The Study

• The industrial segment was the highest revenue contributor in 2019.
• The disposable segment generated the highest revenue in 2019.
• Region wise, Asia-Pacific garnered the largest waste management market share in 2019

Market Segmentation

The global waste management market is segmented on the basis of Type and Services. These major market segments are further categorized into various sub-segments to study the market in detail.

By Type:

• Municipal Waste
• Industrial Waste
• Hazardous Waste

By Services:

• Collection Services
• Collection & Transportation
• Storage & Handling
• Sorting
• Disposable Services

The market growth is analyzed by studying multiple determinants such as:

• Market Drivers
• Market Trends
• Market Challenges
• Market Opportunities
• Market Restraints, and
• Market Competition

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