Waste management industry

Waste management industry, or waste industry for short, subsumes all industrial branches concerned with waste management, waste dumping, waste recycling and - to a lesser degree - waste prevention.

In Germany alone, waste management has evolved into a large economic sector. There are more than 270,000 people working in some 11,000 companies with an annual turnover of around 70 billion euros (~$77,647,000,000). More than 15,500 waste management facilities help to conserve resources through recycling and other recovery operations.[1] On a global scale, the market size is expected to reach $530.0 billion by 2025 from $330.6 billion in 2017, with a compound annual growth rate of 6.0%.[2] The growth might even continue when, according to a World Bank report, global waste production will grow by 70% from 2018 to 2050, unless severe measures are taken.[3][4]

Global players

Among the top companies in the sector are the following:[5]

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References
  1. "Waste Management in Germany 2018 / Facts, data, diagrams" (PDF). BMU. 2018.
  2. "Industry Analysis and Forecast - 2025". Allied Market Research. Retrieved January 20, 2020.
  3. Kaza, Silpa; Yao, Lisa C.; Bhada-Tata, Perinaz; Woerden, Van (September 20, 2018). "What a Waste 2.0". Open Knowledge Repository. doi:10.1596/978-1-4648-1329-0. Retrieved January 21, 2020.
  4. "Global Waste to Grow by 70 Percent by 2050 Unless Urgent Action is Taken: World Bank Report". World Bank. September 20, 2018. Retrieved January 21, 2020.
  5. "Industry Analysis and Forecast - 2025". Allied Market Research. Retrieved January 21, 2020.
  6. https://www.gridwaste.com/news/2014/3/6/top-5-waste-companies
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