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Report Overview

The global plastic waste management market size is expected to increase from USD 36.02 Billion in 2024 to USD 48.88 Billion by 2034, growing at a CAGR of 3.10% over the 2025-2034 forecast period.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

3.1%

2025-2034


Plastic Waste Management Market Outlook

*this image is indicative*

Factors such as increasing urbanisation, industrialisation, economic growth, and the changing lifestyles of people have increased plastic waste generation levels, leading to an increasing environmental threat. Thus, the growing need for plastic waste management due to the rising generation of plastic waste is expected to propel the industry growth.

Market Segmentation

The plastic waste management industry can be divided on the basis of segments like polymer type, service and equipment, source, and end-use.

The industry can be broadly categorised based on its polymer type into:

  • Low-Density Polyethylene (LDPE) 
  • Polyvinyl Chloride (PVC) 
  • Polystyrene (PS) 
  • Polypropylene (PP) 
  • High-Density Polyethylene (HDPE)
  • Polyethylene Terephthalate (PET)
  • Others

The industry can be segmented on the basis of its service and equipment as:

  • Collection        
  • Recycling
  • Incineration
  • Disposal
  • Others

The industry can be divided based on its source as:

  • Residential
  • Industrial
  • Commercial and Institutional
  • Others

The industry can be categorised on the basis of its end-use as:

  • Building and Construction
  • Automobile
  • Packaging
  • Textile and Clothing
  • Wood and Furniture
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Plastic Waste Management Market By End Use

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Market Analysis

Plastic waste management awareness has significantly increased with advancements in public education and increased awareness of health and the environment. The growing population and people's increasing income levels have created new opportunities for the plastic waste management industry. The rising number of rules and regulations pertaining to plastic waste management in countries like Singapore, the USA, Germany and India is expected to drive the industry growth. The plastic waste management industry growth is also supported by the rising number of start-ups focussed on plastic waste management.

During the forecast period, the packaging segment in the market for recycled plastic waste is expected to grow at the fastest CAGR in terms of value. In the forecast period, the Asia Pacific plastic waste management market is expected to grow with the highest CAGR.

Global Plastic Waste Management Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following leading plastic waste management companies, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Waste Management, Inc.
  • Republic Services, Inc.
  • Clean Harbors, Inc.
  • Advanced Disposal Services, Inc.
  • Clear Path Recycling, LLC
  • Suez SA
  • REMONDIS SE & Co. KG
  • Indorama Ventures Public Company Limited
  • Veolia Environnement SA
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global plastic waste management market attained a value of nearly USD 36.02 Billion.

The market is projected to grow at a CAGR of 3.10% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 48.88 Billion by 2034.

The increasing urbanisation, industrialisation, economic growth, and changing lifestyles of people have increased plastic waste generation levels which are expected to aid the market growth of plastic waste management.

The key trend guiding the growth of the global plastic waste management market include the rising number of start-ups focussed on plastic waste management.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Low-density polyethylene (LDPE), polyvinyl chloride (PVC), polystyrene (PS), polypropylene (PP), high-density polyethylene (HDPE), and polyethylene terephthalate (PET), among others, are the leading polymer types in the market.

Collection, recycling, incineration, and disposal, among others, are the significant services and equipment in the market.

Residential, industrial, and commercial and institutional, among others, are the major sources in the market.

Building and construction, automobile, packaging, textile and clothing, and wood and furniture, among others, are the leading end uses of the product in the market.

The major players in the market are Waste Management, Inc., Republic Services, Inc., Clean Harbors, Inc., Advanced Disposal Services, Inc., Clear Path Recycling, LLC, Suez SA, REMONDIS SE & Co. KG, Indorama Ventures Public Company Limited, and Veolia Environnement SA, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Polymer Type
  • Service & Equipment
  • Source
  • End Use
  • Region
Breakup by Polymer Type
  • Low-Density Polyethylene (LDPE)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Polypropylene (PP)
  • High-Density Polyethylene (HDPE)
  • Polyethylene Terephthalate (PET)
  • Others
Breakup by Service & Equipment
  • Collection
  • Recycling
  • Incineration
  • Disposal
  • Others
Breakup by Source
  • Residential
  • Industrial
  • Commercial & Institutional
  • Other
Breakup by End Use
  • Building and Construction
  • Automobile
  • Packaging
  • Textile and Clothing
  • Wood and Furniture
  • Other
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Waste Management, Inc.
  • Republic Services, Inc.
  • Clean Harbors, Inc.
  • Advanced Disposal Services, Inc.
  • Clear Path Recycling, LLC
  • Suez SA
  • REMONDIS SE & Co. KG
  • Indorama Ventures Public Company Limited
  • Veolia Environnement SA
  • Others
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