ASEAN Waste Management Market Size and Share

ASEAN Waste Management Market (2025 - 2030)
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ASEAN Waste Management Market Analysis by Mordor Intelligence

The ASEAN Waste Management Market size stands at USD 33.19 billion in 2025 and is forecast to reach USD 45.75 billion by 2030, advancing at a 6.63% CAGR over the period. This steady climb reflects rising urban populations, increasingly stringent circular-economy regulations, and the surge in e-commerce packaging that demands more sophisticated collection and processing systems. Government-led Extended Producer Responsibility (EPR) schemes, including Vietnam’s Decree 05/2025/ND-CP, tighten compliance thresholds while unlocking predictable funding streams for infrastructure. Ambitious waste-to-energy (WtE) programs in Indonesia, Vietnam, and Thailand, and the adoption of artificial-intelligence route optimization, are lowering operating costs and reinforcing the growth outlook of the ASEAN waste management market. New feed-in tariffs of USD 0.11 (VND 2,575.18) per kWh for WtE power in Vietnam provide developers a bankable revenue floor and signal similar incentives across the bloc. 

Key Report Takeaways

  • By source, residential waste held 49.87% of the ASEAN waste management market share in 2024, while commercial sources are expanding at an 8.79% CAGR through 2030.
  • By service type, collection, transportation, sorting, and segregation accounted for 54.33% of the ASEAN waste management market size in 2024; recycling and resource recovery are projected to grow at an 8.89% CAGR.
  • By waste type, municipal solid waste contributed 57.3% of revenue in 2024, whereas e-waste is advancing at a 7.68% CAGR to 2030.
  • By geography, Indonesia led with 35.93% of the ASEAN waste management market share in 2024; the Rest of the ASEAN group is forecast to expand at a 7.19% CAGR. 

Segment Analysis

By Source: Residential Dominance Drives Commercial Growth

Residential streams delivered 49.87% of 2024 revenue, underscoring the sheer scale of household generation across ASEAN megacities. Commercial waste, however, is set to expand at an 8.79% CAGR, outpacing every other source as malls and office parks comply with stricter segregation mandates. The ASEAN waste management market size for commercial sources is projected to widen notably once large retailers internalize full EPR charges linked to packaging. Food courts and hotels in Singapore already segregate organics for on-site digesters, and similar regulations are being drafted in Vietnam and Malaysia. As procurement teams seek single-contract service bundles covering bins, audit, and reporting, integrated providers will gain cross-selling opportunities.

The ASEAN waste management market share commanded by residential sources may slip because corporate generators purchase premium traceability services that attract higher tariffs. Super-apps offering waste pickup scheduling are bundling reward points, drawing more commercial tenants into formal systems. Industrial parks continue to deliver steady tonnage, yet pollution-control certificates now require third-party audits, nudging factories toward licensed handlers. Construction debris volumes are swelling on the back of infrastructure stimuli, incentivizing joint ventures between cement producers and waste contractors to co-process rubble and wood off-cuts.

ASEAN Waste Management Market: Market Share by Source
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By Service Type: Collection Services Lead While Recycling Accelerates

Collection, transportation, sorting, and segregation made up 54.33% of 2024 revenue, reflecting the unavoidable logistics backbone of the ASEAN waste management market. Municipal tenders still price services by ton collected, ensuring stable cash flows even when downstream commodity prices dip. Yet recycling and resource recovery are climbing at an 8.89% CAGR as brands pursue zero-landfill pledges. The ASEAN waste management market size for recycling will swell further once advanced PET and flexible-film lines backed by IFC and ADB reach commercial operations.

Financial incentives are shifting: Indonesia exempts recycling equipment imports from import duty, and Vietnam gives a 10-year corporate-income-tax holiday for new materials-recovery facilities. Disposal-focused operators face margin pressure as landfill tipping fees plateau and carbon taxes loom. Chemical recycling pilots in Malaysia target 20 kilotons per year by 2027 but must scale to compete with virgin-polymer economics. Advisory and data analytics services, though still niche, are fast winning ESG-driven contracts from consumer goods multinationals.

By Waste Type: Municipal Solid Waste Dominates as E-Waste Surges

Municipal solid waste (MSW) generated 57.3% of 2024 revenue, cementing its role as the core feedstock for the ASEAN waste management market. Daily MSW in Indonesia tops 200,000 t, and only 60% is formally managed, highlighting latent capacity for private haulers. The ASEAN waste management market size allocated to e-waste, however, is expanding at a 7.68% CAGR. Smartphone penetration exceeds 80% in Singapore and approaches 70% in Thailand; replacement cycles of 24 months translate into growing volumes of printed circuit boards rich in copper and rare earths.

Hazardous industrial waste handling revenue is rising as apparel dye houses and semiconductor fabs move deeper into Southeast Asia. Plastic leakage remains acute; OECD scenarios warn that regional ocean plastic may swell 70% by 2050 without interventions. Medical waste volumes surged during pandemic peaks and remain elevated as hospital networks expand. Construction debris management increasingly incorporates on-site crushers and mobile sorting units, reducing haul distances and carbon footprints.

ASEAN Waste Management Market: Market Share by Waste Type
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Geography Analysis

Indonesia retained 35.93% ASEAN waste management market share in 2024, powered by a population of 270 million and Presidential Regulation 98/2021, which monetizes carbon reductions via a domestic exchange. Jakarta now tenders 12 WtE projects, each backed by long-term power-purchase agreements, while provincial cities replicate the model. Thailand’s plastic-import ban, effective January 2025, compels local capacity expansion and raises gate fees, improving project economics. Vietnam’s Decree 05/2025/ND-CP elevates EPR obligations and gives recyclers a clearer cash flow outlook, catalyzing foreign direct investment in polymer re-processing[3]World Bank Group, “Market Study on Marine Plastic Litter in Southeast Asia,” World Bank, worldbank.org.

Malaysia targets a national 40% recycling rate by 2025, up from 35.38% in 2023, and plans 18 WtE facilities by 2040, signaling steady offtake for technology vendors. Singapore remains the regulatory benchmark with mandatory reporting for food and packaging waste, boosting digital-compliance service demand. Rest-of-ASEAN economies, including Cambodia, Laos, and Myanmar, log the fastest combined growth at a 7.19% CAGR as multilateral aid bankrolls pilot material-recovery facilities and 3R demonstrations.

Cross-border arbitrage in tipping fees persists, especially along Malaysia–Singapore, encouraging illegal shipments and undercutting domestic recyclers. Harmonizing tariff structures could reduce leakage and raise formal treatment volumes in the ASEAN waste management market. National climate pledges, such as Indonesia’s net-zero by 2060, align waste management with decarbonization spending, unlocking green-bond issuances tied to landfill-gas capture and recycling upgrades.

Competitive Landscape

The ASEAN waste management market remains highly fragmented; the top five operators control well under 30% of combined revenue. Informal collectors and small fleet owners dominate first-mile pickups, while bigger players such as Veolia, SUEZ, and Sembcorp secure long-term build-operate contracts. SUEZ’s Manila Bay wastewater project will process 180 million liters per day, reflecting water-waste convergence synergies. Veolia booked USD 12.5 billion (EUR 11.556 billion) in Q1 2024 revenue, with water-tech sales up 15%, showing how global incumbents leverage ESG capital inflows.

Digital disruptors deploy AI route planning, blockchain tracking, and plastic-credit exchanges. They partner with FMCG brands to meet audit-ready compliance, gradually eroding share from traditional haulers. Feed-in-tariff clarity in Vietnam and Indonesia is birthing WtE-specialist joint ventures backed by Japanese EPCs. Rural waste remains underserved; micro-franchise models that equip villages with balers and compactors are emerging. Certification (ISO 14001, SMK3) increasingly influences tender awards, propelling professionalization. Overall, the market’s concentration score stands at 3, reflecting a fragmented field in which the top ten players hold well below 30% collective share.

ASEAN Waste Management Industry Leaders

  1. Sembcorp Environmental Management Pte. Ltd. (Singapore)

  2. Veolia Environmental S.A

  3. SUEZ

  4. PT Prasadha Pamunah Limbah Industri (PPLI)

  5. Colex Holdings

  6. *Disclaimer: Major Players sorted in no particular order
ASEAN Waste Management Market Concentration
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Recent Industry Developments

  • May 2025: Vietnam’s Ministry of Industry and Trade set WtE electricity at USD 0.11 (VND 2,575.18) per kWh for 2025, stabilizing revenue for developers.
  • January 2025: Vietnam enacted Decree 05/2025/ND-CP, lifting EPR exemptions to USD 0.87 million and USD 1.30 million while clarifying producer duties.
  • January 2025: UNDP and The Coca-Cola Foundation launched a USD 15 million plastics-management initiative across nine Asian countries, including Cambodia and Vietnam.
  • September 2024: Indorama Ventures, Dhunseri and Varun Beverages formed a joint venture to build 100 kilotons of PET recycling capacity by 2025.

Table of Contents for ASEAN Waste Management Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Circular-economy regulations accelerating public–private investment
    • 4.2.2 EU-style Extended Producer Responsibility (EPR) schemes spreading across ASEAN
    • 4.2.3 Rapid rise of e-commerce packaging waste
    • 4.2.4 Waste-to-Energy (WtE) feed-in tariffs in Indonesia, Vietnam & Thailand
    • 4.2.5 Corporate zero-plastic footprints commitments (CPG & retail)
    • 4.2.6 AI-enabled route-optimisation cutting collection OPEX (under-reported)
  • 4.3 Market Restraints
    • 4.3.1 Highly fragmented informal sector limiting feedstock traceability
    • 4.3.2 Landfill tipping-fee divergence across member states
    • 4.3.3 Policy uncertainty around carbon credit treatment for WtE plants
    • 4.3.4 High chloride content in mixed municipal waste hindering RDF quality (under-reported)
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Industry Attractiveness - Porter's Five Force Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, In USD Billion)

  • 5.1 By Source
    • 5.1.1 Residential
    • 5.1.2 Commercial (retail, office, etc.)
    • 5.1.3 Industrial
    • 5.1.4 Medical (Health and Pharmaceutical)
    • 5.1.5 Construction & Demolition
    • 5.1.6 Others (institutional, agricultural, etc)
  • 5.2 By Service Type
    • 5.2.1 Collection, Transportation, Sorting & Segregation
    • 5.2.2 Disposal / Treatment
    • 5.2.2.1 Landfill
    • 5.2.2.2 Recycling & Resource Recovery
    • 5.2.2.3 Incineration & Waste-to-Energy
    • 5.2.2.4 Others (Chemical Treatment, Composting, etc.)
    • 5.2.3 Others (Consulting, Audit & Training, etc.)
  • 5.3 By Waste Type
    • 5.3.1 Municipal Solid Waste
    • 5.3.2 Industrial Hazardous Waste
    • 5.3.3 E-waste
    • 5.3.4 Plastic Waste
    • 5.3.5 Biomedical Waste
    • 5.3.6 Construction & Demolition Waste
    • 5.3.7 Agricultural Waste
    • 5.3.8 Other Specialized Waste (radio active, etc)
  • 5.4 By Geography
    • 5.4.1 Indonesia
    • 5.4.2 Thailand
    • 5.4.3 Vietnam
    • 5.4.4 Philippines
    • 5.4.5 Malaysia
    • 5.4.6 Singapore
    • 5.4.7 Rest of ASEAN Countries

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, Recent Developments)
    • 6.4.1 Sembcorp Environmental Management
    • 6.4.2 Veolia Environment SA
    • 6.4.3 SUEZ
    • 6.4.4 PT Prasadha Pamunah Limbah Industri (PPLI)
    • 6.4.5 Colex Holdings
    • 6.4.6 Remondis
    • 6.4.7 ALBA Group Asia
    • 6.4.8 Indorama Ventures (PET Recycling)
    • 6.4.9 Blue Planet Environmental Solutions
    • 6.4.10 Greenway Environmental
    • 6.4.11 Starpal
    • 6.4.12 Boon Poh Refuse Disposal
    • 6.4.13 Binh Duong Water-Environment (BIWASE)
    • 6.4.14 Metro Waste Philippines
    • 6.4.15 Dangote Waste Management Myanmar
    • 6.4.16 Waste4Change Indonesia
    • 6.4.17 Khun Recycle Thailand
    • 6.4.18 Saigon Green Technology
    • 6.4.19 Siam Cement Group (SCG) – Circular Economy Unit
    • 6.4.20 Republic Services Singapore JV

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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ASEAN Waste Management Market Report Scope

Waste management (or waste disposal) covers all of the procedures and actions necessary to control trash from the point of origin to the point of disposal. This covers garbage collection, transportation, treatment, and disposal, as well as the oversight and control of the waste management procedure. A complete background analysis of the ASEAN Waste Management Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.

The ASEAN Waste Management Market is segmented By Waste Type (Industrial Waste, Municipal Solid Waste, E-Waste, and Other Waste Types), By Disposal methods (Collection, Landfills, and Others), and By Geography (Indonesia, Thailand, Malaysia, Singapore, and Rest of ASEAN). The report offers market size and forecasts in value (USD billion) for all the above segments.

By Source
Residential
Commercial (retail, office, etc.)
Industrial
Medical (Health and Pharmaceutical)
Construction & Demolition
Others (institutional, agricultural, etc)
By Service Type
Collection, Transportation, Sorting & Segregation
Disposal / Treatment Landfill
Recycling & Resource Recovery
Incineration & Waste-to-Energy
Others (Chemical Treatment, Composting, etc.)
Others (Consulting, Audit & Training, etc.)
By Waste Type
Municipal Solid Waste
Industrial Hazardous Waste
E-waste
Plastic Waste
Biomedical Waste
Construction & Demolition Waste
Agricultural Waste
Other Specialized Waste (radio active, etc)
By Geography
Indonesia
Thailand
Vietnam
Philippines
Malaysia
Singapore
Rest of ASEAN Countries
By Source Residential
Commercial (retail, office, etc.)
Industrial
Medical (Health and Pharmaceutical)
Construction & Demolition
Others (institutional, agricultural, etc)
By Service Type Collection, Transportation, Sorting & Segregation
Disposal / Treatment Landfill
Recycling & Resource Recovery
Incineration & Waste-to-Energy
Others (Chemical Treatment, Composting, etc.)
Others (Consulting, Audit & Training, etc.)
By Waste Type Municipal Solid Waste
Industrial Hazardous Waste
E-waste
Plastic Waste
Biomedical Waste
Construction & Demolition Waste
Agricultural Waste
Other Specialized Waste (radio active, etc)
By Geography Indonesia
Thailand
Vietnam
Philippines
Malaysia
Singapore
Rest of ASEAN Countries
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Key Questions Answered in the Report

What is the current size of the ASEAN waste management market?

The market is valued at USD 33.19 billion in 2025 and is projected to hit USD 45.75 billion by 2030.

Which country holds the largest share?

Indonesia leads with a 35.93% share, buoyed by its large population and active WtE pipeline.

Which segment is growing the fastest?

Recycling and resource recovery services are expanding at an 8.89% CAGR through 2030.

How does EPR affect operators?

EPR schemes provide predictable revenues for recyclers and push producers to finance end-of-life management, shifting costs away from municipalities.

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