Wet Waste Management Market

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Global Wet Waste Management Market information: by Service & Equipment (Collection & Transportation, Processing, Disposal), Source (Industrial, Municipal, Commercial, Healthcare & Medical), Waste Type (Food Scrap, Meat & Bones, Agricultural Waste, Medical Waste) and By Region - Global Forecast to 2023.

Wet Waste Management Market Research

Report By Forecast To 2023

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2023

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


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Wet Waste Management Market Research Report - Forecast to 2023

Global Wet Waste Management Market information: by Service & Equipment (Collection &

Transportation, Processing, Disposal), Source (Industrial, Municipal, Commercial, Healthcare & Medical),

Waste Type (Food Scrap, Meat & Bones, Agricultural Waste, Medical Waste) and By Region - Global

Forecast to 2023.

Wet waste is the organic waste, which is usually heavy in weight due to dampness and can be isolated on the basis of

biodegradable and non-biodegradable waste. Wet waste primarily comprises of food scrap, meat &bones, agricultural

waste, medical waste, shredded paper, and others. Wet waste management is a process of composting the waste for the

production of manure, biogas, etc. Moreover, composting is a process of crushing down the organic matter in the presence

of air. Compost is the end product of composting, usually rich in readily usable plant nutrients forming a part of the fertile

soil. Additionally, removal of waste from public areas helps in reducing risks associated with health and hygiene, diminishing

exposure to biohazards and also diminishes infestation of pests. Wet waste management also produces waste energy, which

can be further utilized and deployed to generate electricity.

Growing awareness for the wet waste management is a vital factor propelling the global wet waste management market.

Additionally, the introduction of new wet waste management technologies such as waste to energy solutions is further

augmenting the overall growth of the wet waste management market. Increasing environmental sustainability and

increasing utilization of the eco-friendly fuels are the prime elements driving the growth of the global wet waste

management market. Growing government initiatives to spread wet waste management awareness among the population

is further anticipated to boost the overall global wet waste management market over the forecast period.

The global wet waste management market is expected to grow at a CAGR of ~ 5% during the forecast period.


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Wet Waste Management Market Research Report - Forecast to 2023

Segmentation

Global wet waste management market is segmented based on service & equipment, source, waste type, and region. Based

on the service & equipment, the market is segmented into collection & transportation, storage, sorting, processing, and

disposal & landfill. The processing is projected to dominate the global wet waste management market and is likely to

continue over the forecast period, 2017-2023 due to growing population, coupled with growing waste generation and

management services. Based on the source, the market is segmented into household & municipal waste, commercial waste,

industrial waste, healthcare & medical waste, and other waste. The household & municipal waste dominated the market in

2016 and is projected to be the fastest-growing source over the review period. The global increase in the urbanization with

humongous population growth is creating a wide scope household & municipal waste generation. Based on the waste type,

the market is segmented into food scrap, meat & bones, agricultural waste, medical waste, shredded paper, and others. The

food wastage is considered as one of the major problems across the world, a huge amount of food is wasted across the

world through the residential and commercial sector. Thus, making food scrap as a prominent segment as a waste type in

global wet waste management market.

The wet waste management industry is expected to have a vast number of new participants over the forecast period owing

to continuous expansions in packaging industry coupled with rising consumer preferences for high hygiene features. The

market is also expected to have high development activities by multinationals and well-established companies. Mergers and

acquisition activities are anticipated to be witnessed over the forecast period.

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Wet Waste Management Market Research Report - Forecast to 2023

Segmentation

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Wet Waste Management Market Research Report - Forecast to 2023

Regional Analysis

The global wet waste management is majorly fragmented into four regions namely North America, Europe, Asia Pacific, and

Rest of the World. Among these, Asia Pacific is anticipated to grow at highest CAGR and hold the largest market share in the

global wet waste management market. The growing awareness for wet waste management of the region with forthcoming

advanced new technologies such as waste to energy solution, also the growing utilization of eco-friendly materials and

increasing ecological sustainability concerns, improved economic conditions of major emerging nations. All these factors are

majorly contributing towards the evolution of the wet waste management market in Asia Pacific region.

Europe held the second largest market share in 2016. The market for wet waste management is primarily driven due to the

increasing government initiatives and support schemes to promote waste management. All the major countries in Europe

have sponsored various private players in the waste management through their municipal commission at the city level to

promote health and hygiene benefits across the population. North American countries are practicing wet waste

management techniques from the last few decades and are expected to witness the same stagnant growth over the

forecast period. The U.S. and Canada are the prominent countries, which are immensely concentrating on promoting wet

waste management at an extensively level to obtain compost for farms and biofuels as transport fuels.

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Wet Waste Management Market Research Report - Forecast to 2023

Key Players

Some of the key players in the global wet waste management market are Clean Harbors Inc. (U.S.), SUEZ Environment Co.

S.A. (France), Veolia Environment S.A. (France), Republic Services Inc. (U.S.), Waste Management Inc. (U.S.), Covanta Energy

Corporation (U.S.), Advanced Disposal Services, Inc. (U.S.), Stericycle (U.S.), Progressive Waste Solution Ltd. (Canada),

Remondis SE & Co. Kg (Germany), Sampurn(e)arth Environment Solutions Pvt. Ltd. (India), Eco Wise Waste Management

Pvt. Ltd. (India), Waste Ventures India (India), Fomento de Construcciones y Contratas (Spain), and Panda Recycling (Ireland)

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