Due to causes like economic growth, escalating urbanisation, industrialization, and people's changing lifestyles, the amount of plastic waste produced has surged, posing an increasing threat to the environment.
Plastic Waste Management Market Size – USD 36.96 Billion in 2021, Growth – at a CAGR of 5.4%, Trends – As the population and average income levels of people have increased, the plastic waste management industry has recognised new opportunities.
The global Plastic Waste Management Market size was USD 36.96 Billion in 2021 and is expected to register a revenue CAGR of 5.4% over the forecast period, according to the latest report by Reports and Data.
Several factors are driving the demand for plastic waste management services, including:
- Increasing awareness about the environmental impact of plastic waste.
- Government regulations and initiatives to reduce plastic waste.
- Growing adoption of recycling and waste reduction practices by businesses and consumers.
- Rising demand for recycled plastic products.
- Increasing global population and urbanization leading to a rise in plastic consumption.
Overall, the plastic waste management market is expected to grow in the coming years, driven by increasing demand for sustainable waste management practices.
Get a sample of the report https://www.reportsanddata.com/sample-enquiry-form/4930
Top Companies: Veolia Environment, Waste Connections Inc., Covanta Holding Corporation, Stericycle, SUEZ, Waste Management Inc., Clean Harbors, Waste Connections Inc., Remondis SE, Biffa
Further Key Finding from the Report Suggestion:
- The plastic waste management market was dominated by the recycling segment in 2021. Government regulations that are strict and a significant expansion of recycling infrastructure are credited with this. There are several uses for recycled plastic. In the coming years, it is anticipated that the collecting segment would grow the fastest. The most important and challenging service is collecting. Key participants in the plastic waste management market offer collection services for residential, commercial, and industrial plastic waste.
- In 2021, the plastic waste management market was dominated by Asia-Pacific. This is a result of escalating industrialisation and the strict enforcement of laws governing the disposal of plastic garbage and other materials. North America is anticipated to grow at the quickest rate and achieve a CAGR of 15.5% during the projected period. This is attributable to growing awareness of the need to lessen the carbon footprint that plastic trash has on the environment.
Download Summary: https://www.reportsanddata.com/download-summary-form/4930
The global Plastic Waste Management market is segmented into:
Service Outlook (Revenue, USD Billion; 2019-2030)
- Collection
- Recycling
- Incineration
- Landfills
Polymer Outlook (Revenue, USD Billion; 2019-2030)
- Polypropylene
- Low density polyethylene
- High density polyethylene
- Polyvinyl chloride
- Terephthalate
- Others
Source Outlook (Revenue, USD Billion; 2019-2030)
- Residential
- Commercial
- Industrial
End Use Outlook (Revenue, USD Billion; 2019-2030)
- Packaging
- Textile
- Consumer product
- Transportation
- Building construction
- Electrical electronics
- Others
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Request a customization of the report https://www.reportsanddata.com/request-customization-form/4930
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
Browse More Reports:
Rigid Packaging Market https://www.reportsanddata.com/report-detail/rigid-packaging-market
Fatty Acid Esters Market https://www.reportsanddata.com/report-detail/fatty-acid-esters-market
Packaged Burgers Market https://www.reportsanddata.com/report-detail/packaged-burgers-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs | Insights
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
