Plastic Waste Management Market, By Service (Collection, Recycling, Incineration, and Disposal), By Source (Commercial, Residential, and Industrial), By End -use Application (Packaging, Construction, and Textile), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2025

Report Code: PMI421620 | Publish Date: December 2023 | No. of Pages: 142

Global Plastic Waste Management Market Overview

In the everyday life the plastic has become one of the important factor for the daily needs for the packaging and manufacturing the products. The major drawback of the waste plastic is non degradable which can lead to enormous ecological crises all over the world. The rate of generation of the plastics in the whole world generates by the automobile, electronics, agriculture, packaging, constructions, and electronics.

Global Plastic Waste Management Market Dynamics

Increasing population and industrialization

Rise in population and rapid industrialization the usage of plastic increases due to rise in using plastic generates the plastics waste. Additionally, the urbanization of the population can also generates the plastic waste which is the major driving factor for the growth of the target market.    

Stringent government rules and regulations

For the usage of plastics government has stringent government rules and regulations which is another factor expected to fuels acceptance for waste management services and drives growth of the global plastic waste management market during the forecast period.

Lack of infrastructure for proper plastic waste management

Improper plastic waste management causes the land pollution and water, and produce harmfull gases like Sulphur dioxide, carbon monoxide, phosgene, and other toxic oxides in the environment that can affect ecosystems which is the restraining factor for the growth of the global market.

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Global Plastic Waste Management Market Segmentation

The global plastic waste management market is segmented based on service, source, end -use application, and region.

On the basis of service, the global plastic waste management market is segmented into collection, recycling, incineration, and disposal. Based on source, the target market is segmented into commercial, residential, and industrial. Based on the end -use application, the target market is bifurcated into packaging, construction, and textile.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global plastic waste management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region is dominating the plastic waste management market due to well-established rules and regulations by the government. Asia pacific region is anticipated to show important growth for the plastic waste management over the forecast period due to government initiatives and spread awareness about plastic waste management through various programs.

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Attribute

Details

Base year for estimation

2019

Forecast period

2019 – 2025

Market representation

Revenue in USD Million & CAGR from 2019 to 2025

Market Segmentation

By Service- Collection, Recycling, Incineration, and Disposal

By Source – Commercial, Residential, and Industrial

By End -use Application – Packaging, Construction, and Textile

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2025. For the purpose of this study, has segmented the global plastic waste management market report based on service, source, end-use application, and region:

Global Plastic Waste Management Market, By Service:

  • Collection
  • Recycling
  • Incineration
  • Disposal

Global Plastic Waste Management Market, By Source:

  • Commercial
  • Residential
  • Industrial

Global Plastic Waste Management Market, By End-use Application:

  • Commercial
  • Residential
  • Industrial

Global Plastic Waste Management Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Plastic Waste Management Market Key Players

The key players operating the global plastic waste management market includes Veolia Environnement S.A., SUEZ Environnement Company, Waste Management Inc., Republic Services Inc., Stericycle Inc., ADS Waste Holdings, Inc., Remondis SE & Co. KG, Clean Harbors Inc., Hawkvale Limited, Hahn Plastics Limited. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, on 6 March, Veolia Environnement S.A., in Brussels, the French, Danish and Dutch environment ministers officially initiated the European Plastics Pact.

Global Plastic Waste Management Market Company Profile

  • Veolia Environnement S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SUEZ Environnement Company
  • Waste Management Inc.
  • Republic Services Inc.
  • Stericycle Inc.
  • ADS Waste Holdings, Inc.
  • Remondis SE & Co. KG
  • Clean Harbors Inc.
  • Hawkvale Limited
  • Hahn Plastics Limited

 “*” marked represents similar segmentation in other categories in the respective section

Global Plastic Waste Management Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Service
    • Market Snippet, By Source
    • Market Snippet, By End -use Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Plastic Waste Management Market, By Service, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Collection
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Recycling
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Incineration
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Disposal
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Plastic Waste Management Market, By Source, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Commercial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Residential
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Industrial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Plastic Waste Management Market, By End -use Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Packaging  
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Construction
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Textile
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Plastic Waste Management Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Service, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End -use Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Service, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End -use Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Service, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End -use Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Service, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End -use Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Service, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End -use Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Veolia Environnement S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SUEZ Environnement Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Waste Management Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Republic Services Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Stericycle Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ADS Waste Holdings, Inc.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Remondis SE & Co. KG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Clean Harbors Inc.   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hawkvale Limited  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hahn Plastics Limited.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

plastic waste management market accounted for US$ 31.5 billion in 2019 and is estimated to be US$ 38.5 billion by 2025 and is anticipated to register a CAGR of 4.0%.

The market report has been segmented on the basis of services, source, end- use application, and region.

Factors driving the Plastic Waste Management Market include increasing awareness of environmental issues, government initiatives for plastic waste reduction, and growing demand for recycled plastic products.

infrastructure development, lack of proper recycling facilities, and difficulties in managing diverse types of plastic waste act as restraints to the Plastic Waste Management Market globally.

North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is expected to dominate the Plastic Waste Management Market, driven by the high production and consumption of plastics in the region, coupled with increasing environmental concerns.

The prominent player operating in the global plastic waste management market includes Veolia Environnement S.A., SUEZ Environnement Company, Waste Management Inc., Republic Services Inc., Stericycle Inc., ADS Waste Holdings, Inc., Remondis SE & Co. KG, Clean Harbors Inc., Hawkvale Limited, Hahn Plastics Limited.