NEW YORK, Sept. 26, 2023 /PRNewswire/ -- The wet waste management market size is expected to grow by USD 36.54 billion from 2022 to 2027. In addition, the growth momentum of the market will be progressing at a CAGR of 5.08% during the forecast period, according to Technavio. Growing awareness of wet waste management and recycling is notably driving the wet waste management market. However, factors such as high operating and maintenance costs may impede market growth. The market is segmented by method (landfill, recycling, and incineration), service (Processing, Collection and transportation, Disposal and landfill, Sorting, and Storage), and geography (APAC, Europe, North America, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the wet waste management market including Bertin Technologies SAS, Biffa Plc, Clean Harbors Inc., Covanta Holding Corp., Daiseki Co. Ltd., Earthrecycler, Evac Oy, FCC SA, GEPIL, Hasiru Dala Innovations Pvt. Ltd., Hitachi Zosen Corp., ProEarth Ecosystems Pvt. Ltd., Republic Services Inc., RETHMANN SE and Co. KG, SAAHAS WASTE MANAGEMENT Pvt. Ltd., Stericycle Inc., SUEZ SA, Valicor Inc., Veolia Environnement SA, and Waste Management Inc. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Free Sample Report.
Wet Waste Management Market 2023-2027: Company Analysis
Bertin Technologies SAS - The company offers Sterilwave 100 solutions for the treatment of up to 20kg per hour of biomedical waste.
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Wet Waste Management Market 2023-2027: Segmentation
Method
The landfill segment will account for a significant share of the market growth during the forecast period. Landfills are disposal sites commonly used to manage wet waste. Landfill wet waste causes environmental problems such as bad odors and infestations of rats and seagulls. So, it is built in limited areas. A layer of soil is added every day to cover waste at landfills to prevent odors and rat problems. Additionally, modern landfills are completely sealed to reduce nearby groundwater contamination. In addition, landfills provide a cost-effective solution to keep cities clean with an effective wet waste management system. Thus, wet waste management at landfills is extremely important and this segment is expected to grow significantly during the forecast period.
Geography
- APAC is estimated to contribute 51% to the growth of the global market during the forecast period. China, India, and Japan are the major countries contributing to the growth of the wet waste management market in the region. Factors such as fast urbanization and population growth in the region lead to the accumulation of wet waste and reinforce the need for wet waste management systems. Furthermore, in India, the central government has notified the Municipal Solid Waste (Management and Handling) Code, 2000 under Section 5 of the Indian Environmental Protection Act, 1986, which provides a framework to unify national and local authorities in MSW management. Therefore, enforcement of such strict regulations will make wet waste management in the region even more necessary during the forecast period.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report
Wet Waste Management Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist wet waste management market growth during the next five years
- Estimation of the composite rebar market size and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the wet waste management market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of wet waste management market companies
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Wet Waste Management Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.08% |
Market growth 2023-2027 |
USD 36.54 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.78 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 51% |
Key countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Bertin Technologies SAS, Biffa Plc, Clean Harbors Inc., Covanta Holding Corp., Daiseki Co. Ltd., Earthrecycler, Evac Oy, FCC SA, GEPIL, Hasiru Dala Innovations Pvt. Ltd., Hitachi Zosen Corp., ProEarth Ecosystems Pvt. Ltd., Republic Services Inc., RETHMANN SE and Co. KG, SAAHAS WASTE MANAGEMENT Pvt. Ltd., Stericycle Inc., SUEZ SA, Valicor Inc., Veolia Environnement SA, and Waste Management Inc. |
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, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Method
7 Market Segmentation by Service
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
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Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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