Worldwide Waste Recycling Services Industry Size: Insights, Growth Trends and Forecast

Report ID : 1377092 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Waste Recycling Services Industry is categorized based on Material Type (Plastic Recycling, Metal Recycling, Paper Recycling, Glass Recycling, Electronic Waste Recycling) and Service Type (Collection Services, Sorting Services, Processing Services, Transportation Services, Consulting Services) and End-Use Industry (Construction, Automotive, Consumer Goods, Electronics, Textiles) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In 2023, the size of the Waste Recycling Services Industry was valued at $80 billion and is anticipated to reach $150 billion by 2033, expanding at a 6.5% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.

The waste recycling services market commodities alongside the global mission to promote sustainability and mitigate harmful effects. With consumers and industries understanding the limits of their resources, the demand for efficient waste management services is on the rise. This market includes a broad spectrum of activities which includes collection of recyclable items, sorting them, processing them, and turning them into new products. Waste recycling services minimize pollution and foster the circular economy by enabling the responsible disposal and re-use of materials which in turn reduces waste and accelerates resource re-utilization.

You can easily tell how fast emerging technologies and new regulations have necessitated change in the waste recycling industry. Stricter government regulations and new business models for sorting waste have greatly improved the recycling rates and overall business operations. The efforts of corporations in various industries towards meeting compliance for sustainability goals and changing policies for environmental protection has greatly increased the demand for waste recycling services. This is a rapidly changing industry with innovation and adaptability at the core of its development which provides a broad spectrum of growth opportunities for the businesses. 

With the consumption of waste recycling services growing across territories, our exhaustive research about the Waste Recycling Services Market gives scope for foresight to project key activities, opportunities, current trends, and market players. We focus on explaining critical determining factors and obstacles affecting this industry in order to help different businesses. With shifting global focus on sustainability, waste recycling services will play a key role in ensuring businesses succeed and stay environmentally sustainable.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Waste Management Inc., Veolia Environnement S.A., Republic Services Inc., SUEZ Recycling and Recovery, Clean Harbors Inc., Biffa plc, Stericycle Inc., Covanta Holding Corporation, Current Group LLC, Remondis AG & Co. KG, DS Smith plc
SEGMENTS COVERED	By Material Type - Plastic Recycling, Metal Recycling, Paper Recycling, Glass Recycling, Electronic Waste Recycling By Service Type - Collection Services, Sorting Services, Processing Services, Transportation Services, Consulting Services By End-Use Industry - Construction, Automotive, Consumer Goods, Electronics, Textiles By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

---

Waste Recycling Services Industry Dynamics

The Waste Recycling Services Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

---

Key Players in the Waste Recycling Services Industry

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.

• Waste Management Inc.
• Veolia Environnement S.A.
• Republic Services Inc.
• SUEZ Recycling and Recovery
• Clean Harbors Inc.
• Biffa plc
• Stericycle Inc.
• Covanta Holding Corporation
• Current Group LLC
• Remondis AG & Co. KG
• DS Smith plc

---

Customization Options

Verified Industry Insights offers one of the following report customization options to our respectable clients :

Company Profiling

● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)

Competitive Benchmarking

● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research

Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439

© 2024 Verified Industry Insights. All Rights Reserved