CHICAGO, July 7, 2021 /PRNewswire/ — According to the new market research report “Waste Management Market by Waste (Hazardous, E-waste, Plastic, Bio-medical), Service (Open dumping, Incineration, Landfill, Recycling), End User (Residential, Commercial, Industrial) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Waste Management Market size is expected to grow from an estimated USD 423.4 billion in 2021 to USD 542.7 billion by 2026, at a CAGR of 5.1%, during the forecast period. The key drivers for the Waste Management Market include stringent regulations of governments worldwide for better management of waste and initiate environmental protection; strong focus of several governments to conduct awareness programs showcasing importance of waste segregation and waste management; technological advances and shortened life cycle of electronic products help in increasing e-waste.
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By end user, the residential segment is the largest contributor in the Waste Management Market during the forecast period.
The residential segment is estimated to lead the waste management market. Asia Pacific was the largest market for residential end user segment in 2020 Ever-increasing population and significant solid waste generation to drive demand for waste management services from residential segment. The other key drivers for the growth of the Waste Management Market for the…
