Plastic Waste Management Market is Anticipated to Surpass USD 41.1 Billion up to 2027

The global Plastic Waste Management Market size is anticipated to around USD 41.1 Bn by 2027 and the market is anticipated to grow with 3.3% CAGR during the forecast time period. The report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

Plastic waste management is a major problem faced by the government of developed and developing countries. According to World Economic Forum on global level the plastic waste generation stood at 300 million tons each year.

The market in North America is expected to account for significant revenue share in the global market due to increasing government initiatives in order to control the plastic waste. In addition, stringent government regulations related to use of plastic is expected to support the growth of target market in this region. In 2020, WM worked with Cascade Cart Solutions to integrate bulky rigid plastics collected in curbside recycling programs to begin producing the Company’s curbside carts.

Moreover, increasing government spending on development infrastructure related to plastic waste recycling is expected to support the revenue growth of target market in this region.

The market in Asia Pacific is expected to witness faster growth in the next few years due to high plastic waste generation. Emerging economies in this region are expected to generate high plastic waste due to rapid industrialization. Every year India generates 15 million tons of plastic out of which only one fourth of the plastic is recycled this is majorly due to unavailability of proper functional solid waste management system.

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In addition, high spending of the government along with inclination towards partnerships between public and private players is expected to support the growth of target market. For instance in 2018 United Nations Development Programme India signed a agreement with the Hindustan Coca-Cola Beverages Private Limited (HCCBPL) and Hindustan Unilever Limited (HUL) and initiated a project in order to build a system that help to reduce the impact of plastic. Currently the project is operational in 20 cities and 22 material recovery centers that are established for sustainable waste management.

Increase in plastic waste across the globe and rising concern related to environment is resulting in demand for plastic waste management plants is a major factors expected to drive the growth of the global plastic waste management market. plastic tend to be a better packaging solution for any products which is increasing its adoption from various end use manufacturers such as food & beverage, chemical, pharmaceutical, etc. High use of plastic for product packing is resulting in generation of plastic waste. According to United Nations Environment Programme report, the world produces 400 million ton single-use plastic (SUP) waste annually i.e. 47% of the total plastic waste.

Plastic has an adverse effect on the environment as well as on the well-being on the people. Countries with low economical level are witnessing the impact to a greater extent. Government on developed and developing countries is focused on lowering the plastic waste by implementing various rules and regulations related to use of plastic. Establishment of various waste management plants by the public and private players with the focus to achieve sustainable development goals.

Various initiates by the major players in order to reduce the plastic waste are expected to support the growth of target market. For instance Coca-Cola a beverage manufacturing company operating on global level pledged to adopt 100% recyclable packaging by 2025. In addition, Dow company took an initiative to finance waste management in order to reduce the global plastic leakage by 45%.

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However, factors such as high initial investment and low collection source of plastic waste are expected to hamper the growth of target market. The capital investment involved in the plant set up is high and the collection of plastic waste is relatively low. In addition, difficulty in managing the supply chain is another factor expected to challenge the growth of target market.

Increasing initiatives by the government in order to recycle the plastic and introduction of new recyclable plastic by the players are factors expected to create new revenue opportunities over the forecast period. In addition, approach towards strengthening the supply chain and increase n public private partnerships are expected to support the revenue traction of the global market.

The plastic waste management market is segmented into service, polymer type, end use, and region. The service segment is segmented into collection & transportation, recycling, incineration, and landfills.

Some players operating in the target market are Veolia Environment, SUEZ, Waste Management Inc., Republic Services, Stericycle, Clean Harbors, Waste Connections, Inc., Covanta Holding Corporation, Remondis SE & Co. Kg, and Biffa.

Market Segmentation

Market By Service

• Collection & transportation
• Recycling
• Incineration
• Landfills

Market By Polymer Type

• Polypropylene (PP)
• Low-density polyethylene (LDPE)
• High-density polyethylene (HDPE)
• Polyvinyl chloride (PVC)
• Polyurethane (PUR)
• Polystyrene (PS)
• Polyethylene
• Terephthalate (PET)
• Others

Market By End Use

• Packaging
• Building & construction
• Textile & clothing
• Automotive
• Furniture
• Others

Market By Region

North America

• US
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia Pacific

China

• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest if Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Meddle East & Africa

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Plastic Waste Management
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Plastic Waste Management Market By Service
1.2.2.1. Global Plastic Waste Management Market Revenue and Growth Rate Comparison By Service (2015-2026)
1.2.2.2. Global Plastic Waste Management Market Revenue Share By Service in 2018
1.2.2.3. Collection & transportation
1.2.2.4. Recycling
1.2.2.5. Incineration
1.2.2.6. Landfills
1.2.3. Plastic Waste Management Market By Polymer Type
1.2.3.1. Global Plastic Waste Management Market Revenue and Growth Rate Comparison By Polymer Type (2015-2026)
1.2.3.2. Polypropylene (PP)
1.2.3.3. Low-density polyethylene (LDPE)
1.2.3.4. High-density polyethylene (HDPE)
1.2.3.5. Polyvinyl chloride (PVC)
1.2.3.6. Polyurethane (PUR)
1.2.3.7. Polystyrene (PS)
1.2.3.8. Polyethylene
1.2.3.9. Terephthalate (PET)
1.2.3.10. Others
1.2.4. Plastic Waste Management Market By End Use
1.2.4.1. Global Plastic Waste Management Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.4.2. Packaging
1.2.4.3. Building & construction
1.2.4.4. Textile & clothing
1.2.4.5. Automotive
1.2.4.6. Furniture
1.2.4.7. Others
1.2.5. Plastic Waste Management Market By Geography
1.2.5.1. Global Plastic Waste Management Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Plastic Waste Management Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Plastic Waste Management Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Plastic Waste Management Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Plastic Waste Management Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Plastic Waste Management Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Plastic Waste Management Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Plastic Waste Management Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Plastic Waste Management Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Plastic Waste Management Major Manufacturers in 2018

CHAPTER 4. PLASTIC WASTE MANAGEMENT MARKET BY SERVICE
4.1. Global Plastic Waste Management Revenue By Service
4.2. Collection & transportation
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Recycling
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Incineration
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Landfills
4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. PLASTIC WASTE MANAGEMENT MARKET BY POLYMER TYPE
5.1. Global Plastic Waste Management Revenue By Polymer Type
5.2. Polypropylene (PP)
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Low-density polyethylene (LDPE)
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. High-density polyethylene (HDPE)
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Polyvinyl chloride (PVC)
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.6. Polyurethane (PUR)
5.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.7. Polystyrene (PS)
5.7.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.8. Polyethylene
5.8.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.9. Terephthalate (PET)
5.9.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.9.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.10. Others
5.10.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.10.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. PLASTIC WASTE MANAGEMENT MARKET BY END USE
6.1. Global Plastic Waste Management Revenue By End Use
6.2. Packaging
6.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.3. Building & construction
6.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.4. Textile & clothing
6.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.5. Automotive
6.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.6. Furniture
6.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.7. Others
6.7.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 7. NORTH AMERICA PLASTIC WASTE MANAGEMENT MARKET BY COUNTRY
7.1. North America Plastic Waste Management Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. North America Plastic Waste Management Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Plastic Waste Management Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 8. EUROPE PLASTIC WASTE MANAGEMENT MARKET BY COUNTRY
8.1. Europe Plastic Waste Management Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Europe Plastic Waste Management Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC PLASTIC WASTE MANAGEMENT MARKET BY COUNTRY
9.1. Asia-Pacific Plastic Waste Management Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Asia-Pacific Plastic Waste Management Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.6.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.7.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.8.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 10. LATIN AMERICA PLASTIC WASTE MANAGEMENT MARKET BY COUNTRY
10.1. Latin America Plastic Waste Management Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Latin America Plastic Waste Management Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA PLASTIC WASTE MANAGEMENT MARKET BY COUNTRY
11.1. Middle East & Africa Plastic Waste Management Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Middle East & Africa Plastic Waste Management Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Polymer Type, 2015 – 2026 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 12. COMPANY PROFILE
12.1. Veolia Environment
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. SUEZ
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Waste Management Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Republic Services
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Stericycle
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Clean Harbors
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Waste Connections, Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Covanta Holding Corporation
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Remondis SE & Co. Kg
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Biffa
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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