Europe Waste Management Market - Growth, Trends, Covid-19 Impact, and Forecast (2024 - 2029)

Europe Waste Management Market Analysis

• Europe's Waste Management Market valued at USD 45 Billion is expected to register a CAGR of 5.5 % during the forecast period. The outbreak of COVID-19 created several unforeseen pressures on municipal waste management. In most jurisdictions, services were permitted to continue despite various lockdown and curfew measures put in place to thwart transmission of the virus. Waste management personnel who continued to work throughout the pandemic were more likely to be exposed to the virus through close contact with other employees or contact with contaminated materials.
• For decades, Europe has poured millions of tons of its trash into incinerators each year, often under the green-sounding label "waste to energy." Now, concerns about incineration's outsized carbon footprint and fears it may undermine recycling are prompting European Union officials to ease their long-standing embrace of a technology that once seemed an appealing way to make waste disappear. By raising composting and recycling targets, mandating that plastic bottles contain 30% recycled content by 2030, and prohibiting the use of cutlery, cups, and stirrers, the EU is attempting to decrease waste, notably plastic waste. The EU has also developed a new "circular economy" plan, which intends to encourage better product design in the long run, making reuse and recycling easier.
• Two Belgian regions are likewise attempting to restrict incineration capacity. However, few other European countries are following suit. Some countries are planning new plants. Greece, Bulgaria, and Romania now landfill the majority of their waste and will likely require additional incinerator capacity in the future. Other countries that may develop additional plants include Italy and Spain.
• When it comes to e-waste, Norwegians are the worst offenders in Europe, with an average of 57 kg generated per household each year. Six tiny business printers weigh the same amount. The United Kingdom is in second place, with British families producing 55 kilograms of e-waste each year. Irish families generate an average of 52.4 kg of e-waste per year, putting them in third place. The weight of five adult bicycles is equivalent to Irish household e-waste. Spain (49.4 kg), the Netherlands (47.5 kg), Cyprus (47 kg), France (46.2 kg), and Luxembourg (45.4 kg) are the other European nations with homes producing more than 45 kg of e-waste, placing fifth, sixth, seventh, eighth, and ninth, respectively.

Europe Waste Management Market Trends

Increasing Electronic and Electrical Waste Production in Europe

Europe Waste Management Industry Segmentation

The Waste Management (or waste disposal) market includes the activities and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment, and disposal of waste, together with monitoring and regulation of the waste management process.

Europe Waste Management Market is segmented By Waste Type (Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-waste, Plastic Waste, Bio-Medical Waste and Other Waste Types), By Disposal Methods (Landfill, Incineration, Dismantling, Recycling), By Type of Ownership (Public, Private, Public-private Partnership), By Country (United Kingdom, Germany, France, Italy, Russia, Switzerland, Netherlands, Poland, Luxembourg, Belgium, Denmark, Sweden, Norway, Rest of Europe).

A comprehensive background analysis of the Europe Waste Management Market covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.