The Europe waste management market size was exhibited at USD 394.45 billion in 2023 and is projected to hit around USD 693.18 billion by 2033, growing at a CAGR of 5.8% during the forecast period 2024 to 2033.
Report Coverage | Details |
Market Size in 2024 | USD 417.33 Billion |
Market Size by 2033 | USD 693.18 Billion |
Growth Rate From 2024 to 2033 | CAGR of 5.8% |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Segments Covered | Service Type, Waste Type, Country |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Key Companies Profiled | FCC Environmental Services, Suez, Veolia, Renewi, Biffa PLC, Saica Group, Coventa Holding Corporation, Indver, Viridor, Remondis se & co, Fortum |
Europe accounted for 29.1% of the global waste management market. The growth of the Europe waste management market is driven by several factors. The rising population and increased globalization have increased waste generation. Europe, being a highly industrialized region, witnesses substantial waste production across various sectors. The rising population, urbanization, and economic activities contribute to this trend. As waste volumes escalate, the demand for efficient waste management solutions intensifies. As the region continues to prioritize waste reduction and resource recovery, the market is poised for steady growth in the coming years.
The Europe waste management market is expected to grow steadily over the forecast period, mainly driven by a combination of environmental consciousness, regulatory initiatives, and the need for sustainable waste handling. The European Union (EU) actively promotes a circular economy, emphasizing resource efficiency, recycling, and waste reduction.
By setting targets for composting, recycling, and recycled content in plastic bottles, the EU aims to minimize waste generation and enhance recycling practices. The EU’s circular economy plan encourages better product design to facilitate reuse and recycling. By mandating recycled content in plastic bottles and restricting single-use plastics, the EU fosters sustainable practices.
The collection segment dominated the Europe waste management market in 2023 with around 61.7% revenue share. This strong performance is primarily driven by the high demand for efficient and reliable waste collection services from various waste generators, including households, industries, and municipalities.
The disposal segment, while being the second largest, is expected to exhibit the fastest growth with a CAGR of 6.2% from 2024 to 2033. This growth can be attributed to the increasing need for safe and sanitary waste disposal, particularly for hazardous and infectious waste. Advances in waste disposal technologies, such as waste-to-energy, also contribute to the segment’s growth.
The transportation segment is projected to grow steadily during the forecast period. As the waste management market expands, there will be a greater demand for efficient and sustainable transportation services connecting collection points to disposal and recycling stations.
The industrial waste segment dominated the Europe market with around 86.0% revenue share in 2023. This dominance is attributed to the high volume and variety of industrial waste generated by sectors such as manufacturing, construction, mining, and agriculture.
Despite having a mere 1.6% market share in 2023, the E-waste segment is expected to be the fastest-growing segment from 2024 to 2033, with a CAGR of 8%. The rapid increase in consumption and disposal of electronic appliances, including mobile phones, computers, TVs, and other devices, drives the growth of this segment.
The municipal waste segment was the second-largest in 2023. It is expected to grow with a CAGR of more than 6% during the forecast period. Factors contributing to its growth include rising population, urbanization, and consumerism in Europe.
The medical waste segment was the smallest in 2023. However, it is also projected to grow steadily due to increasing healthcare activities and stricter regulations regarding safe disposal.
Europe market include France, Italy, and Spain, which together account for almost 40% of the market share. These countries have also adopted various measures to enhance waste management performance, such as implementing extended producer responsibility schemes, promoting waste prevention and separation, and supporting waste-to-energy projects.
The rest of Europe, which comprises smaller and emerging markets, is also expected to witness steady growth as they strive to comply with EU waste legislation and targets and benefit from EU funds and initiatives for waste management.
Germany Waste Management Market Trends
Germany is the dominant player in the waste management market, accounting for almost 24% market share in 2023. The country has a well-established management system that prioritizes waste prevention, reuse, and recycling over disposal. Germany also has the highest municipal waste recycling rate (69.1%) in the world. Moreover, Germany is also expected to be the fastest-growing in the Europe market with a CAGR of 6.1% from 2024 to 2033.
UK Waste Management Market Trends
The UK is the second largest market in Europe. The UK has made significant improvements in waste management practices over the recent years, especially in terms of reducing landfilling and increasing recycling. It is also projected to be the second fastest market, as it aims to achieve a circular economy and net-zero emissions by 2050.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the Europe waste management market
Service Type
Waste Type
Regional
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segment Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Europe Waste Management Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Trends
3.2.2. Sales Channel Analysis
3.2.3. Manufacturing/Technology Overview
3.3. Regulatory Framework
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.2. Macro-environmental Analysis
3.6. Europe Waste Management Market: Service Type Outlook Estimates & Forecasts
3.7. Service Movement Analysis & Market Share, 2024 & 2033
3.8. Municipal Waste
3.8.1. Market Estimates and Forecasts, 2017 - 2030 (USD Million)
3.9. Medical Waste
3.9.1. Market Estimates and Forecasts, 2017 - 2030 (USD Million)
3.10. Industrial Waste
3.10.1. Market Estimates and Forecasts, 2017 - 2030 (USD Million)
3.11. E-waste
3.11.1. Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 4. Europe Waste Management Market: Waste Type Outlook Estimates & Forecasts
4.1. Waste Type Movement Analysis & Market Share, 2024 & 2033
4.2. Municipal Waste
4.2.1. Market Estimates and Forecasts, 2021 - 2033
4.3. Medical Waste
4.3.1. Market Estimates and Forecasts, 2021 - 2033
4.4. Industrial Waste
4.4.1. Market Estimates and Forecasts, 2021 - 2033
4.5. E-waste
4.5.1. Market Estimates and Forecasts, 2021 - 2033
Chapter 5. Europe Waste Management Market - Competitive Landscape
5.1. Europe Market estimates and forecasts, 2021 - 2033
5.2. Market estimates and forecasts, by service type 2021 - 2033
5.3. Market estimates and forecasts, by waste type, 2021 - 2033
5.4. UK
5.4.1. Market estimates and forecasts, 2021 - 2033
5.4.2. Market estimates and forecasts, by service type 2021 - 2033
5.4.3. Market estimates and forecasts, by waste type, 2021 - 2033
5.5. Germany
5.5.1. Market estimates and forecasts, 2021 - 2033
5.5.2. Market estimates and forecasts, by service type 2021 - 2033
5.5.3. Market estimates and forecasts, by waste type, 2021 - 2033
5.6. France
5.6.1. Market estimates and forecasts, 2021 - 2033
5.6.2. Market estimates and forecasts, by service type 2021 - 2033
5.6.3. Market estimates and forecasts, by waste type, 2021 - 2033
5.7. Italy
5.7.1. Market estimates and forecasts, 2021 - 2033
5.7.2. Market estimates and forecasts, by service type 2021 - 2033
5.7.3. Market estimates and forecasts, by waste type, 2021 - 2033
5.8. Spain
5.8.1. Market estimates and forecasts, 2021 - 2033
5.8.2. Market estimates and forecasts, by service type 2021 - 2033
5.8.3. Market estimates and forecasts, by waste type, 2021 - 2033
Chapter 6. Europe Waste Management Market - Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company Categorization
6.3. Company Market Share/Position Analysis, 2024
6.4. Company Heat Map Analysis
6.5. Strategy Mapping
6.5.1. Expansion
6.5.2. Mergers & Acquisition
6.5.3. Partnerships & Collaborations
6.5.4. New Process Launches
6.5.5. Research And Development
6.6. Company Profiles (Business Overview, Financial Performance, Product Benchmarking)
6.6.1. FCC Environmental Services
6.6.2. Suez
6.6.3. Veolia
6.6.4. Renewi
6.6.5. Biffa PLC
6.6.6. Saica Group
6.6.7. Coventa Holding Corporation
6.6.8. Indver
6.6.9. Viridor, Remondis se & co
6.6.10. Fortum