StockNews.AI
WM
StockNews.AI
8 hrs

Waste Recycling Services Market Size Worth USD 100.90 billion by 2032, Driven by Industrial Waste Management Needs | SNS Insider

1. Waste recycling market expected to grow to $100.90 billion by 2032. 2. U.S. EPA supporting improved waste management with National Recycling Strategy. 3. Industrial waste drives recycling demand, with strong regulatory support. 4. Packaging sector leads demand due to eco-friendly product trends. 5. Asia Pacific region dominates recycling market with 43.80% share.

9m saved
Insight
Article

FAQ

Why Bullish?

The strong growth projections and increased demand for recycling services are favorable for WM's financial outlook, as they align with WM's core business in waste management and recycling. Historically, growth in the recycling market correlates with increased revenue for waste management companies, especially in response to regulatory support.

How important is it?

The future growth of the waste recycling market and strong regulatory support enhances WM's market position. WM's involvement in recycling efforts aligns with an increasing focus on environmental sustainability, likely resulting in enhanced investor confidence and Long-term growth.

Why Long Term?

The ongoing trend towards sustainability and circular economy practices is likely to yield sustained demand for waste recycling services over the next several years, benefiting WM in the long run as more industries adopt these practices.

Related Companies

Austin, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Waste Recycling Services Market Size & Growth Insights: According to the SNS Insider,“The Waste Recycling Services Market Size was valued at USD 65.00 billion in 2024 and is expected to reach USD 100.90 billion by 2032, growing at a CAGR of 5.66% over the forecast period of 2025-2032.” Growing Global Focus on Sustainable Waste Management and Circular Economy Practices The Waste Recycling Services Market is gaining momentum as industries and governments emphasize sustainable waste management and circular economy practices. Rising industrial waste generation, coupled with stricter environmental regulations, is encouraging companies to adopt efficient recycling solutions. Initiatives like the U.S. Environmental Protection Agency's National Recycling Strategy and efforts to reduce chemical waste showcase strong regulatory support. With Asia Pacific leading in implementation and innovative recycling infrastructure, worldwide policies and corporate sustainability programs are driving enhanced adoption of waste recycling services, reflecting a clear shift toward environmentally responsible practices. Get a Sample Report of Waste Recycling Services Market Forecast @ https://www.snsinsider.com/sample-request/8013  The U.S. Waste Recycling Services Market is experiencing significant growth, driven by stringent environmental regulations, increasing industrial waste, and a shift towards sustainable practices. The EPA's 2021 National Recycling Strategy aims to enhance recycling systems, reflecting the government's commitment to improving waste management. Corporate initiatives and consumer demand for eco-friendly products further propel the market's expansion. Leading Market Players with their Product Listed in this Report are: Waste Management Inc.Veolia Environnement S.A.Republic Services Inc.SUEZRemondis SE & Co. KGStericycle Inc.Clean Harbors Inc.Covanta Holding CorporationBiffa plcWaste Connections Inc.GFL Environmental Inc.FCC Environment LtdPaprec GroupRenewi plcRecology Inc.Sims LimitedLi-Cycle Holdings Corp.Northstar Recycling Company LLCEurokey Recycling LtdRubicon Global LLC. Waste Recycling Services Market Report Scope: Report AttributesDetailsMarket Size in 2024USD 65.00 billionMarket Size by 2032USD 100.90 billionCAGRCAGR of 5.66% From 2025 to 2032Report Scope & CoverageMarket Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast OutlookKey Segmentation•By Source (Residential, Commercial, Industrial, Others)•By Material Type (Paper & Paperboard, Metals, Plastics, Glass, Food, Bulbs, Batteries & Electronics, Yard Trimmings, Others)•By Recycling Process (Mechanical Recycling, Chemical / Advanced Recycling, Biological (Composting/Anaerobic Digestion), Thermal (Pyrolysis, Gasification), Others)•By End-User Industry (Packaging, Automotive & Transportation, Electrical & Electronics, Food & Beverage, Construction, Retail, Others) Purchase Single User PDF of Waste Recycling Services Market Report (20% Discount) @ https://www.snsinsider.com/checkout/8013  Key Industry Segmentation By Source, the Industrial dominated the Waste Recycling Services Market in 2024, with a 43.50% Market Share. The dominance is due to the massive volume of waste produced by industries such as chemicals, plastics, and metals. Manufacturing facilities are increasingly adopting recycling practices to comply with stringent environmental norms, cut operational costs, and improve sustainability performance. Government initiatives, particularly those by the U.S. Environmental Protection Agency, have encouraged industries to set up structured recycling programs. These efforts not only address waste management challenges but also strengthen corporate responsibility, making the industrial sector a key contributor to recycling services. By End-User Industry, the Packaging dominated the Waste Recycling Services Market in 2024, with a 32.10% Market Share. The dominance is due to the extensive use of packaging materials, especially plastics and paper, which require recycling for sustainability goals. Growing consumer demand for eco-friendly products and stricter global regulations on single-use plastics have pushed companies to embrace recyclable packaging solutions. Major corporations are redesigning product packaging to meet environmental standards and reduce their waste footprint. This segment’s leadership reflects the rising importance of circular economy practices, where packaging waste is increasingly reused, repurposed, and recycled to minimize environmental impact. By Region, Asia Pacific dominated the Waste Recycling Services Market in 2024, Holding A 43.80% Market Share. The dominance is due to rapid industrialization, urbanization, and government-backed initiatives promoting recycling across key countries. China has implemented strict waste import bans and invested heavily in domestic recycling infrastructure, while Japan leads with advanced recycling technologies and efficient collection systems. Expanding population and urban lifestyles generate substantial waste, driving the demand for recycling services. Furthermore, strong policy frameworks and rising public awareness about environmental sustainability are encouraging industries and municipalities to adopt structured recycling practices, consolidating Asia Pacific’s leading role globally. Do you have any specific queries or need any customized research on Waste Recycling Services Market? Submit your inquiry here @ https://www.snsinsider.com/enquiry/8013  USPs of the Waste Recycling Services Market RECYCLING RATES BY MATERIAL TYPE: Provide data on recycling rates for various materials such as paper, plastics, metals, and glass.REGIONAL RECYCLING PERFORMANCE: Analyze recycling performance across different regions and identify leaders and laggards.IMPACT OF RECYCLING ON CARBON EMISSIONS: Quantify the reduction in carbon emissions due to recycling activities.ECONOMIC VALUE OF RECYCLED MATERIALS: Assess the economic value generated from recycled materials in various industries.CONSUMER PARTICIPATION RATES: Measure consumer participation rates in recycling programs and their impact on overall recycling success.COST-BENEFIT ANALYSIS OF RECYCLING PROGRAMS: Conduct a cost-benefit analysis to demonstrate the financial advantages of recycling initiatives.TECHNOLOGICAL ADOPTION IN RECYCLING: Track the adoption rates of new technologies in the recycling industry and their effectiveness. Recent Developments In April 2024, Veolia unveiled its GreenUp growth plan (2024–2027), committing multi-billion-euro investments into decarbonization, plastics recycling, battery recycling pilots, and hazardous waste treatment. The plan emphasizes scaling plastics recovery, lithium-ion battery recycling pilots, and industrial circularity to capture higher margin recovery services.In March 2025, Republic Services and Blue Polymers inaugurated a plastics recycling complex in Indianapolis (Polymer Center + Blue Polymers resin plant), expanding capacity to convert sorted plastics into drop-in recycled resins for packaging customers, a clear push into downstream resin production and supply-chain integration. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Related News