Municipal Solid Waste Management Market Trends, Reginal Opportunities & Growth Outlook 2022-2026

15-11-2022

By Ronak Bora

Municipal solid waste management market is strengthened by the improved economic stability in both developed and developing nations, where there has been rapid expansion in the residential and commercial sectors. Rising establishment of offices, especially in the emerging countries due to the investment made by foreign entities to enhance their operations is a major contributor to municipal solid waste generation.

Growing environmental degradation across the globe and the consequent need to manage the levels of pollution is positively influencing global demand for waste management. There is an urgent need to adopt reliable, safe and organized waste management solutions to further control the depletion of the environment.

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Municipal solid waste, commonly known as garbage or trash, includes items that are extensively used on a daily basis or items that are used by the people and are then discarded. These comprise of food scraps, product packaging, furniture, bottles, grass clippings, paint, newspapers, and bottles. These wastes are usually generated by hospitals, businesses, schools, and homes.

It would be ideal to categorize the source of municipal solid waste as residential, commercial, and industrial solid waste. Urbanization and the consequent need to live in improved housing conditions have driven the establishment of houses in various parts of the world. The garbage from single and multi-family residences has witnessed a considerable growth in the coming years, significantly impacting municipal solid waste management industry trends.

The process of recycling the waste to convert them into reusable items is largely assisting the municipal solid waste management agencies to control the consumption of raw materials and energy, which leads to a reduction in the amount of water and air pollution. Recycling and composting solid waste has gained widespread recognition due to the advancement in waste reprocessing and trash conversing systems.

Recyclable items that are commonly found in the residential waste stream comprise of food scraps, paper, plastics, personal electronics, metals, textiles and yarn trimmings. The trash from the commercial sector comes from businesses, offices, markets, stores, and other forms of commercial establishments. Recyclables that are commonly found in this sector include electronic devices, lumber, plastic, textiles, metals, food, and paper.

On the other hand, the industrial solid waste is produced from plants, shipping, non-process lines, and others. The evident increase in the global population is a major factor leading to an increase in the amount of waste generated. There is a rising need for a robust waste management solution to control water and air pollution and also to control chances of diseases. Local corporation bodies are increasingly using different ways of disposing of the waste such as open dumps, landfills, sanitary landfills, and incineration plants.

Landfills are witnessing widespread adoption as a municipal solid waste disposal technique due to their convenience, ability to use waste for energy generation and because they are a relatively faster dumping solution.

Increasing dependence on e-commerce sector due to a wide variety of products at a relatively cheaper price is steering the online sale of products ranging from groceries to consumer electronic items. Increasing penetration of the internet and busy work schedules are shifting the focus of people from traditional shopping trends to online shopping. Cardboard boxes, bubble wraps, and plastic containers are largely used to provide protection to the products, especially during transit. These packages are then thrown into the garbage making them a significant municipal waste material.

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In developing regions such as Latin America, there is a considerable rise in the levels of urbanization due to an increase in the rate of employment, with the region witnessing increasing construction of buildings and complexes to meet the consumer needs. The government is undertaking initiatives to improve the public health infrastructure and improve the environmental conditions.

Partial Chapter of the Table of Content

Chapter 2 Executive Summary

2.1 Global municipal solid waste management market 360⁰ synopsis, 2015 – 2026

2.1.1 Business trends

2.1.2 Source trends

2.1.3 Treatment trends

2.1.4 Material trends

2.1.5 Regional trends

Chapter 3 Global Municipal Solid Waste Management Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2015 – 2026 (USD Billion)

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Innovation & technology landscape

3.4.1 Waste Management, Inc

3.4.2 SUEZ

3.4.3 Veolia

3.4.4 Plasco Conversion Systems

3.5 Regulatory landscape

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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....