Solid Waste Management Market Expected Worth USD 366.52 Billion by 2027 | Global Solid Waste Management Industry Share, Business Growth and Forecast Report by Fortune Business Insights™ – Yahoo Finance

Solid Waste Management Market Expected Worth USD 366.52 Billion by 2027 | Global Solid Waste Management Industry Share, Business Growth and Forecast Report by Fortune Business Insights™ – Yahoo Finance

Companies covered in the solid waste management market are TANA Oy, ALBA Group, Stericycle Inc., Remondis AG & Co. Kg, Covanta Holdings Corporation, Biffa PLC, SUEZ Group, Envac Group, Recology, Advanced Disposal Services, Inc., Republic Services Inc., Hitachi Zosen Corporation, Clean Harbors Inc., Veolia Environment S.A., Waste Management Inc and more players profiled

Pune, India, Dec. 20, 2021 (GLOBE NEWSWIRE) — The global solid waste management market size is projected to gain traction on account of the increasing amount of waste generation, further attributed to the contributions of the residential, commercial, and industrial sectors. Solid waste majorly includes waste plastic products, organic matter, and metal and glass products. As per a recent report by Fortune Business Insights, the market is anticipated to reach USD 366.52 billion by the end of 2027 from USD 285.16 billion earned in 2019. The forecast period is set between 2020 to 2027, and the market is likely to exhibit a CAGR of 3.3%.

Companies Covered in the Solid Waste Management Market Report by Fortune Business Insights:

  • TANA Oy (Finland)

  • ALBA Group (Germany)

  • Stericycle Inc. (USA)

  • Remondis AG & Co. Kg (Germany)

  • Covanta Holdings Corporation (USA)

  • Biffa PLC (U.K.)

  • SUEZ Group (France)

  • Envac Group (Sweden)

  • Recology (USA)

  • Advanced Disposal Services, Inc. (USA)

  • Republic Services Inc. (USA)

  • Hitachi Zosen Corporation (Japan)

  • Clean Harbors Inc. (USA)

  • Veolia Environment S.A. (France)

  • Waste Management Inc. (USA)

  • Other vendors

Request a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/solid-waste-management-market-103045

Drivers & Restraints-

The advent of Smart Waste Management to Aid in Expansion of Market

Rapid industrialization and urbanization are the key factors propelling the solid waste management market growth. In addition to this, the advent of new technological trends, such as smart waste management, is expected to boost the market. This, coupled with the advent of the Internet of Things technologies with the potential of better waste collection process via optimization that also reduces the overall operational expenditure, will aid in the expansion of the market in the coming years.

On the contrary, managing solid waste is a long and tedious task and requires high capital and operational cost in terms of waste collection bins, vehicles, and processing equipment. Additionally, solid waste causes land and water pollution that requires a large number of trained workers for carrying out smooth operations to process the waste. Therefore, the high requirement of manual labor is also set to hamper market growth.

Segment-

Collection Segment to Cover …….

Source: https://finance.yahoo.com/news/solid-waste-management-market-expected-113300584.html

waste management