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Vietnam Waste Management Market Size, Share, Growth: By Waste Type: Municipal Waste, Medical Waste, Industrial Waste, E-waste, Others; By Disposal Method: Landfill, Incineration, Recycling; By Service Type: Collection, Transportation, Disposal; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Vietnam Waste Management Market Size
The Vietnam waste management market reached approximately USD 6.42 billion in 2023. The market is projected to grow at a CAGR of 6.6% between 2024 and 2032, reaching a value of around USD 11.41 billion by 2032.
| Vietnam Waste Management Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 6.42 |
| Market Size 2032 | USD Billion | 11.41 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 6.6% |
| CAGR 2024-2032 - Market by Region | Southeast | 7.1% |
| CAGR 2024-2032 - Market by Region | South Central Coast | 6.4% |
| CAGR 2024-2032 - Market by Waste Type | E-waste | 7.8% |
| CAGR 2024-2032 - Market by Disposal Method | Recycling | 7.5% |
| Market Share by Region | Red River Delta | 22.1% |
Vietnam Waste Management Market Outlook
- The Ministry of Natural Resources and Environment (MoNRE) reports that Vietnam produces an estimated 60,000 tons of household waste every day.
- The majority of waste in Vietnam is disposed of in landfills, with only 20 per cent of these sites meeting the national sanitary standards, as reported in the 2021 National Environmental Status Report by MoNRE.
- Vietnam ranks in the top five countries for ocean pollution, with an annual release of 0.28 to 0.73 million tons of plastic waste, emphasising the critical need for a successful waste management system.
Vietnam Waste Management Market Report Snapshots
Vietnam Waste Management Market Size
Vietnam Waste Management Market Growth
Vietnam Waste Management Market Share
Vietnam Waste Management Companies
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Waste Management Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Waste Management Historical Market (2018-2023)
8.3 Asia Pacific Waste Management Market Forecast (2024-2032)
9 Vietnam Waste Management Market Overview
9.1 Key Industry Highlights
9.2 Vietnam Waste Management Historical Market (2018-2023)
9.3 Vietnam Waste Management Market Forecast (2024-2032)
10 Vietnam Waste Management Market by Waste Type
10.1 Municipal Waste
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Medical Waste
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Industrial Waste
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 E-waste
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Vietnam Waste Management Market by Disposal Method
11.1 Landfill
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Incineration
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Recycling
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Vietnam Waste Management Market by Service Type
12.1 Collection
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Transportation
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Disposal
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Vietnam Waste Management Market by Region
13.1 Southeast
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Red River Delta
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Mekong River Delta
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Central Coast
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Tata Consumer Products Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 SGS SA
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ho Chi Minh City Urban Environment Company Limited (CITENCO)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Green Environment Production and Trade Services Co., LTD.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Vietnam Water and Environmental Sanitation Company Limited
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Tan Phat Tai Co., Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Dai Lam Son Company Limited
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 RecyGlo Company Pte. Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Viet Green Environmental Production Trading Service Company Limited
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Hoa Binh High-Tech Environment Joint Stock Company
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Waste Management Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Waste Management Market: Key Industry Highlights, 2018 and 2032
3. Vietnam Waste Management Historical Market: Breakup by Waste Type (USD Billion), 2018-2023
4. Vietnam Waste Management Market Forecast: Breakup by Waste Type (USD Billion), 2024-2032
5. Vietnam Waste Management Historical Market: Breakup by Disposal Method (USD Billion), 2018-2023
6. Vietnam Waste Management Market Forecast: Breakup by Disposal Method (USD Billion), 2024-2032
7. Vietnam Waste Management Historical Market: Breakup by Service Type (USD Billion), 2018-2023
8. Vietnam Waste Management Market Forecast: Breakup by Service Type (USD Billion), 2024-2032
9. Vietnam Waste Management Historical Market: Breakup by Region (USD Billion), 2018-2023
10. Vietnam Waste Management Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. Vietnam Waste Management Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 6.42 billion.
The market is estimated to grow at a CAGR of 6.6% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 11.41 billion by 2032.
The market is being driven by the rapid urbanisation and excess plastic waste generated in the country.
The key trends aiding the waste management market in Vietnam include the incorporation of smart bins in public places and active government initiatives to manage waste.
The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
The different waste management service types considered in the market report include collection, transportation, and disposal.
The major players in the market are Tata Consumer Products Limited, SGS SA, Ho Chi Minh City Urban Environment Company Limited (CITENCO), Green Environment Production and Trade Services Co., LTD., Vietnam Water and Environmental Sanitation Company Limited, Tan Phat Tai Co., Ltd., Dai Lam Son Company Limited, RecyGlo Company Pte. Ltd., Viet Green Environmental Production Trading Service Company Limited, and Hoa Binh High-Tech Environment Joint Stock Company, among others.
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