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Global Waste Recycling Services Market was Valued at US$ 57,2761.23 Mn in 2021, and is Projected to Grow at an Estimated CAGR of 6.56% over the Forecast Period; A Report by Absolute Markets Insights

Published On 21 Apr 2022 02:29 PM


Recycling one of the most important ‘R’ has actually gained popularity in last couple of few years thanks to rampant awareness programs by several corporates and government bodies. This has surged awareness in regards with recycling, which is extensively contributing towards the growth of the waste recycling services market. In the times of coronavirus pandemic, the lockdowns imposed by several government bodies to curb the spread of dreadful virus has led to rise of latest type of waste which is called as pandemic waste. This type of waste is inclusive of respirators, masks and gloves. The pandemic waste has caused disruptions in collection of waste. As stated, various initiatives undertaken by government bodies across the globe are not only for awareness but also for collecting waste to recycle and its reuse. The government bodies are running television ads and also publishing bill boards along with implementing reward system to encourage people to contribute towards recycling programs. Meanwhile, the number of waste recycling companies have also gone up and this is also contributing towards the growth of waste recycling services market. The only major hurdle that is likely to dent the growth of this market is that these waste recycling solutions usually cost on higher side and hence they cannot be afforded by everyone. Irrespective of few ups and downs, the waste recycling services market is expected to grow rampantly courtesy of many big corporates also opting to recycle large amount of waste under their corporate social responsibility (CSR) initiatives.

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How Absolute Markets Insights is Unique in Nature?

The research report on Waste Recycling Services Market will include extensive information based on the following pointers:

  • Global Market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) by segments/sub-segments; wherein 2015 to 2020 has been considered as historic years, 2021 as the base year, while 2022 to 2030 has been considered as the forecast period.
  • Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
  • Market Determinants and Influencing Factors
  • Macro-Economic and Micro-Economic Indicators
  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
    • Challenges
  • Trends on Global Waste Recycling Services Market
  • Exclusive Details on the Effect of the Pandemic
  • Porter’s Five Forces Analysis
  • Competitor Landscape
    • Product Benchmarking
    • Market Share Analysis, 2021
    • Global Presence and Growth Strategies
  • The final report will include competitive product benchmarking which will encompass comparison of varied services offered by different market participants on the basis of their features and capabilities that will help you to understand their market offerings. Furthermore, for each company, we will provide information regarding company details, company overview, product offerings, key developments, financial analysis, and SWOT analysis and business strategies.
  • The research study specific to a region, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, is also available.
  • We offer our reports in different languages which include German, Chinese, French, Russian, Spanish, Arabic, Japanese, and Korean amongst others.

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Key Takeaways – Global Waste Recycling Services Market: 

  • On the basis of type, the bulbs, batteries and electronics segment are forecasted to grow at the fastest rate over the period of next few years.
  • The residential segment of the waste recycling services market is expected to witness massive growth over the forecast period and the primary reason behind this is continuous growing global population.
  • Thanks to several government initiatives and awareness programs implemented by major corporates which is helping the waste recycling services market grow.
  • The region of Asia Pacific is forecasted to witness growth at the fastest rate for the waste recycling services market. There are rewards and acknowledgement programs that are implemented by the Government of India to cities recycling maximum waste.

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Some of the major players operating in the Waste Recycling Services Market are listed below:

  • Battery Council International
  • Clean Harbors
  • Covestro AG
  • Epson America, Inc
  • Eurokey Recycling, Ltd
  • Fulton Metals Recycling
  • Hewlett- Packard
  • Interface, Inc.
  • Northstar Recycling
  • Rubicon Global
  • Triple M Metal LP
  • Waste Connections
  • Zanker Road Landfill
  • Other Market Participants

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Global Waste Recycling Services Market

By Types of Waste

  • Bulb, Batteries and Electronics
  • Chemicals and Solvents
  • Wood
  • Food
  • Glass
  • Metals
  • Paper & Paperboard
  • Plastics
  • Others

By Application

  • Residential
  • Commercial and Industrial
    • Retail
    • Construction and Demolition
    • Government
    • Pharmaceutical
    • Restaurants
    • Chemical
    • Power and Energy
    • Others

By Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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Press Release Provided By: Absolute Markets Insights