Commercial Waste Management Market Research Provides an In-Depth Analysis on the Future Growth

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Commercial Waste Management Market

By Application (Finish Polishing, Electroplating, Oil Compounds, and Others), By Region and Forecast 2018 to 2025

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Commercial Waste Management Market Size and Share 2025 • The global commercial waste management industry stood at USD 141.54 Bn in 2018 and is projected to show noteworthy growth with CAGR 6.7% over the forecast period. Growth in restaurant chains, hotels and commercial buildings across several parts of the globe is increasing waste generation, which is fueling the demand for efficient waste management systems. Growth in consumer awareness for waste management, coupled with increased efforts at government level is projected to augment the industry demand over the forecast period.

• Adroit market research recently published a study on “Commercial waste management market”. The report provides a holistic view of the industry that are relevant to all the participants across the industry chain. The research study provides market estimates from the period ranging from 2015 to 2025 where 2015-2017 represents the historical statistics and 2019 to 2025 as the forecast figures.

• The market research study on commercial waste management gives is categorized by component, product, application and region. The report also assesses the industry scenario through qualitative factors such as drivers, restraints and opportunities. Furthermore, in-depth market competition assessment is done by analyzing the key market players and Porter’s five forces analysis.

• The scope of commercial waste is defined as the waste generated from commercial establishments such as office buildings, complexes, restaurant, and hotels among other establishments falling in this category.

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Commercial Waste Management Market Size and Share 2025 • Ongoing pace of growth of hospitability and commercial estate sector is projected to boost the waste management segment demand in near future. Growing income levels is augmenting per capita spending, which in turn is positively affecting the hospitality industry as the consumer is increasingly spending in “dine out” culture. Rapid industrial growth in developing countries coupled with fast paced urbanization has further boosted the waste generation per capita across the globe. Due to these factors, commercial waste management segment is projected to witness significant growth in coming years.

However, high costs associated with waste management and lack of existing infrastructure is likely to hamper the overall market growth over the forecast period.

• The commercial waste management market is categorized by component, product and application. By component, service sector is projected to dominate the market. Developing waste infrastructure emerging countries, inculcation of sophisticated waste management practices along with advanced technological monitoring is projected to supplement the segment growth over the forecast period. By product, although non-food segment is projected to dominate with one third of the market share, food/organic segment is projected to show high growth with CAGR of 6.9% over the forecast period.

Furthermore, collection segment is slated to continue its dominance with CAGR of 6.4%.

• Suez Environnement SA, Veolia Environnement SA, Republic Services, Waste Connections, Clean Harbors, Covanta, Rubicon Global, Waste Management and Biffa are examples of some of the major companies operating in the commercial waste management market.

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Commercial Waste Management Market Size and Share 2025 • Key segments of the global commercial waste management market • Component Overview, 2015-2025 (USD Million) • Equipment

• Service • Product Overview, 2015-2025 (USD Million)

• Non-food waste • Food waste • Application Overview, 2015-2025 (USD Million) • Collection • Disposal • Transfer • Others +1 (214) 884-6068

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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.

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