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Plastic Waste Management Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 120
  • SKU: IRTNTR72791
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The plastic waste management market share is expected to increase by USD 6.33 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.49%.

This plastic waste management market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers plastic waste management market segmentation by type (incineration, disposal, and recycling) and geography (APAC, Europe, North America, Middle East and Africa, and South America). The plastic waste management market report also offers information on several market vendors, including California Waste Solutions Inc., Casella Waste Systems Inc., China Everbright Environment Group Ltd., Clean Harbors Inc., Covanta Holding Corp., Fomento de Construcciones y Contratas SA, Recology Inc., REMONDIS SE and Co. KG, Republic Services Inc., Rumpke Consolidated Companies Inc., Stericycle Inc., SUEZ SA, The Shakti Plastic Industries, Vanden Global Ltd., Veolia Environment SA, Waste Connections Inc., Waste Industries LLC, Waste Management Inc., Waste Pro USA Inc., and Cleanaway Waste Management Ltd. among others.

What will the Plastic Waste Management Market Size be During the Forecast Period?

Plastic Waste Management Market Size

Download the Free Report Sample to Unlock the Plastic Waste Management Market Size for the Forecast Period and Other Important Statistics

 

Plastic Waste Management Market: Key Drivers, Trends, and Challenges

The increasing initiatives by regulatory bodies and government is notably driving the plastic waste management market growth, although factors such as fewer treatment plants and less awareness may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the plastic waste management industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Plastic Waste Management Market Driver

One of the key factors driving growth in the plastic waste management market is the increasing initiatives by regulatory bodies and the government. The United Nations has launched several measures to reduce global plastic waste production. PLAY IT OUT: A Plastic Pollution Festival, and GETTING THE HOUSE IN ORDER: Addressing Plastic Waste at the UN are two efforts that have been launched to raise awareness and combat plastic pollution throughout the world. The President of the United Nations General Assembly has joined forces with the governments of Antigua and Barbuda, Norway, as well as UN Environment, UNOPS, the Krimm Group (TKG), Lonely Whale, and National Geographic to assist in raising global awareness about the issue of plastic waste management. This is boosting the demand for waste management infrastructure and adequate integrated waste management policies, which, in turn, is driving the growth of the plastic waste management market.

Key Plastic Waste Management Market Trend

The increasing number of landfills in India is another factor supporting the plastic waste management market share growth. The landfill is one of the most common waste disposal options in India since more than half of all solid waste created is untreated and deposited into landfills, owing mostly to inadequate waste management systems in the country. Private businesses are gaining traction, particularly in municipal authorities in West Bengal, Karnataka, and Haryana, where the waste management is subpar due to insufficient planning and lower investment than intended by various state governments. As a result, the government is actively monitoring market conditions and offering assistance to industry participants through the easing of investment requirements and monetary incentives.

Key Plastic Waste Management Market Challenge

The fewer treatment plants and less awareness will be a major challenge for the plastic waste management market during the forecast period. Plastic waste management and waste management infrastructure are poorly understood, and many suppliers and production units routinely dump their plastic waste into water bodies or on land. Globally, there are relatively few effective policies and procedures for managing plastic waste. This is one of the most significant barriers to the expansion of the plastic waste management market.

This plastic waste management market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global plastic waste management market as a part of the global environmental and facilities services market within the global industrial market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the plastic waste management market during the forecast period.

Who are the Major Plastic Waste Management Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • California Waste Solutions Inc.
  • Casella Waste Systems Inc.
  • China Everbright Environment Group Ltd.
  • Clean Harbors Inc.
  • Covanta Holding Corp.
  • Fomento de Construcciones y Contratas SA
  • Recology Inc.
  • REMONDIS SE and Co. KG
  • Republic Services Inc.
  • Rumpke Consolidated Companies Inc.
  • Stericycle Inc.
  • SUEZ SA
  • The Shakti Plastic Industries
  • Vanden Global Ltd.
  • Veolia Environment SA
  • Waste Connections Inc.
  • Waste Industries LLC
  • Waste Management Inc.
  • Waste Pro USA Inc.
  • Cleanaway Waste Management Ltd.

 

This statistical study of the plastic waste management market encompasses successful business strategies deployed by the key vendors. The plastic waste management market is fragmented and the vendors are deploying growth strategies such as offering technologically advanced plastic waste management services to ensure compliance with such government regulations to compete in the market.

Product Insights and News

  • calwaste.com ? Unified - Under this segment, the company provides recycling, material disposing, separation, and collection services in commercial support services.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The plastic waste management market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Plastic Waste Management Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the plastic waste management market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Plastic Waste Management Market?

Plastic Waste Management Market Market segmentation by region

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49% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for plastic waste management in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The regional population expansion, people high disposable income, and the growing demand for packaged food goods will facilitate the plastic waste management market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 in APAC adversely affected the economies of various countries such as China, India, and Japan. The increasing number of COVID-19 cases in the region raised the volume of plastic waste, especially from healthcare facilities. This resulted in the raised demand for plastic waste management services in 2020. Moreover, the rising risk of accidental infection incidence due to the poor handling of waste that includes hazardous medical waste increased the demand for plastic waste management services in the region amid the outbreak. In addition, favorable government initiatives for waste management are estimated to boost the sales of plastic waste management services in APAC during the forecast period.

What are the Revenue-generating Type Segments in the Plastic Waste Management Market?

Plastic Waste Management Market Segmentation

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The plastic waste management market share growth by the incineration segment will be significant during the forecast period. Sophisticated incinerators that burn plastic and other forms of MSW can generate sufficient heat and steam to turn the turbine blades and generate electricity for a local grid. This technology is highly popular in countries such as Japan that have a shortage of land. Also, the energy produced by incineration plants is in high demand in nations such as Sweden and Denmark. Hence, incineration is being popularly used across the world for plastic waste management. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the plastic waste management market size and actionable market insights on post COVID-19 impact on each segment.

 

Plastic Waste Management Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.49%

Market growth 2022-2026

$ 6.33 billion

Market structure

Fragmented

YoY growth (%)

3.01

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 49%

Key consumer countries

US, China, Japan, India, Germany, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

California Waste Solutions Inc., Casella Waste Systems Inc., China Everbright Environment Group Ltd., Clean Harbors Inc., Covanta Holding Corp., Fomento de Construcciones y Contratas SA, Recology Inc., REMONDIS SE and Co. KG, Republic Services Inc., Rumpke Consolidated Companies Inc., Stericycle Inc., SUEZ SA, The Shakti Plastic Industries, Vanden Global Ltd., Veolia Environment SA, Waste Connections Inc., Waste Industries LLC, Waste Management Inc., Waste Pro USA Inc., and Cleanaway Waste Management Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Plastic Waste Management Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive plastic waste management market growth during the next five years
  • Precise estimation of the plastic waste management market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the plastic waste management industry across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plastic waste management market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Incineration - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Incineration - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Incineration - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Incineration - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Incineration - Year-over-year growth 2021-2026 (%)
  • 5.4 Disposal - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Disposal - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Disposal - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Disposal - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Disposal - Year-over-year growth 2021-2026 (%)
  • 5.5 Recycling - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Recycling - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Recycling - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Recycling - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Recycling - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Type
    • Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 US - Market size and forecast 2021-2026
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.10 Japan - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Brazil - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Brazil - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 7.13 India - Market size and forecast 2021-2026
    • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography
    • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 Fomento de Construcciones y Contratas SA
    • Exhibit 97: Fomento de Construcciones y Contratas SA - Overview
    • Exhibit 98: Fomento de Construcciones y Contratas SA - Business segments
    • Exhibit 99: Fomento de Construcciones y Contratas SA - Key news
    • Exhibit 100: Fomento de Construcciones y Contratas SA - Key offerings
    • Exhibit 101: Fomento de Construcciones y Contratas SA - Segment focus
  • 10.4 Recology Inc.
    • Exhibit 102: Recology Inc. - Overview
    • Exhibit 103: Recology Inc. - Product / Service
    • Exhibit 104: Recology Inc. - Key offerings
  • 10.5 REMONDIS SE and Co. KG
    • Exhibit 105: REMONDIS SE and Co. KG - Overview
    • Exhibit 106: REMONDIS SE and Co. KG - Product / Service
    • Exhibit 107: REMONDIS SE and Co. KG - Key offerings
  • 10.6 Republic Services Inc.
    • Exhibit 108: Republic Services Inc. - Overview
    • Exhibit 109: Republic Services Inc. - Business segments
    • Exhibit 110: Republic Services Inc. - Key offerings
    • Exhibit 111: Republic Services Inc. - Segment focus
  • 10.7 SUEZ SA
    • Exhibit 112: SUEZ SA - Overview
    • Exhibit 113: SUEZ SA - Business segments
    • Exhibit 114: SUEZ SA - Key offerings
    • Exhibit 115: SUEZ SA - Segment focus
  • 10.8 Veolia Environment SA
    • Exhibit 116: Veolia Environment SA - Overview
    • Exhibit 117: Veolia Environment SA - Business segments
    • Exhibit 118: Veolia Environment SA - Key offerings
    • Exhibit 119: Veolia Environment SA - Segment focus
  • 10.9 Waste Connections Inc.
    • Exhibit 120: Waste Connections Inc. - Overview
    • Exhibit 121: Waste Connections Inc. - Business segments
    • Exhibit 122: Waste Connections Inc. - Key offerings
    • Exhibit 123: Waste Connections Inc. - Segment focus
  • 10.10 Waste Industries LLC
    • Exhibit 124: Waste Industries LLC - Overview
    • Exhibit 125: Waste Industries LLC - Product / Service
    • Exhibit 126: Waste Industries LLC - Key offerings
  • 10.11 Waste Management Inc.
    • Exhibit 127: Waste Management Inc. - Overview
    • Exhibit 128: Waste Management Inc. - Product / Service
    • Exhibit 129: Waste Management Inc. - Key offerings
  • 10.12 Waste Pro USA Inc.
    • Exhibit 130: Waste Pro USA Inc. - Overview
    • Exhibit 131: Waste Pro USA Inc. - Product / Service
    • Exhibit 132: Waste Pro USA Inc. - Key news
    • Exhibit 133: Waste Pro USA Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 136: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 11.5 List of abbreviations
    • Exhibit 140: List of abbreviations
  • Even though methane is a greenhouse gas (GHG) and carries the potential for climatic degradation, it is a great source of energy, and if collected and treated efficiently, it can be used to produce electricity. Hence, the demand for landfill gases has been rising because of their environmental and economic benefits. As a result, governments across the world have been undertaking initiatives to curb the emission of methane into the atmosphere and utilize this landfill gas to produce electricity.

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Plastic Waste Management market growth will increase by $6337.86 million during 2022-2026.
The plastic waste management market is expected to grow at a CAGR of 3.49% during 2022-2026.
Technavio has segmented the plastic waste management market by type (Incineration, Disposal, and Recycling) and geographic (APAC, Europe, North America, Middle East and Africa, and South America).
California Waste Solutions Inc., Casella Waste Systems Inc., China Everbright Environment Group Ltd., Clean Harbors Inc., Covanta Holding Corp., Fomento de Construcciones y Contratas SA, Recology Inc., REMONDIS SE and Co. KG, Republic Services Inc., Rumpke Consolidated Companies Inc., Stericycle Inc., SUEZ SA, The Shakti Plastic Industries, Vanden Global Ltd., Veolia Environment SA, Waste Connections Inc., Waste Industries LLC, Waste Management Inc., Waste Pro USA Inc., Cleanaway Waste Management Ltd. are a few of the key vendors in the plastic waste management market.
APAC will register the highest growth rate of 49.16% among the other regions. Therefore, the plastic waste management market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • India
  • Germany
  • Brazil
The key factors driving the plastic waste management market growth are:
  • Increasing initiatives by regulatory bodies and government
  • The Increasing number of landfills is a major problem in India
The plastic waste management market vendors should focus on grabbing business opportunities from the incineration segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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