About Waste Collection and Sorting
Rapid industrialization, growth in population, rising living standards, public health and rise in urbanization will help to boost global Waste Collection and Sorting market in the forecasted period. Waste collection and sorting is the process of final removals of waste it includes collection, transport, treatment, and disposal of waste along with inspection and regulation. arising usage of various technologies in waste sorting process is the major driver of global waste collection and sorting market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Competition among existing players is due to the Waste Collection and Sorting market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Waste Collection and Sorting Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage.The Manufacturers having a strong hold in the market are Advanced Disposal Services (United States) Biffa Group (United Kingdom) Clean Harbors, Inc. (United States). Analyst at AMA Research estimates that Europe Manufacturers will contribute the maximum growth to Global Waste Collection and Sorting market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advanced Disposal Services (United States), Biffa Group (United Kingdom), Clean Harbors, Inc. (United States), Covanta Holding Corporation (United States), Daiseki Co. Ltd. (Japan), Hitachi Zosen Corporation (Japan), Remondis AG & Co. Kg (Germany), Suez Environment S.A. (France), Veolia Environment S.A. (France) and Waste Management Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Republic Services (United States), Stericycle (United States), Waste Connections (Canada) and Casella Waste Systems (United States).
Segmentation Overview
AMA Research has segmented the market of Global Waste Collection and Sorting market by Type (Waste Collection, Waste Sorting and Waste Disposal) and Region.
On the basis of geography, the market of Waste Collection and Sorting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Waste Type, the sub-segment i.e. Municipal Waste will boost the Waste Collection and Sorting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. IoT Tech will boost the Waste Collection and Sorting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use Industry, the sub-segment i.e. Construction will boost the Waste Collection and Sorting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction to Smart Waste Management System with IoT Enabled Applications and Growing Concern Regarding Health due to Uncollected Waste
Market Growth Drivers:
Increasing in Environmental Concerns and Government Initiation and Regulation Supports The Growth
Challenges:
Lack of Expenditure in Solid Waste Management
Restraints:
Lack of Awareness from the Underdeveloped Economies
Opportunities:
Growing Demand for Waste Collection and Sorting Solutions in Emerging Countries and Technological Advancement Associated with Waste Collection and Sorting
Market Leaders and their expansionary development strategies
In June 2019, Advanced Disposal Services, Inc. has approved the acquisition of Waste Management, Inc. which is announced in April 2019.
In April 2019, Biffa plc, a leading UK integrated waste management company, has announced s a three-year partnership with UK-based charity WasteAid, which will see the business support WasteAid financially and offer its expertise to help communities in developing countries improve the management of waste.
Key Target Audience
Waste Collection and Sorting Solution Providers, Industry Association Related To Waste Management, Government Regulatory Bodies, Government Research Organizations, Private Reaserch Orgnizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.