South American Waste Management Market Trends

Statistics for the 2023 & 2024 South American Waste Management market trends, created by Mordor Intelligence™ Industry Reports. South American Waste Management trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of South American Waste Management Industry

Increasing demand for recycling driving the market

  • Argentinian recycler Reciclar has improved its capacity of over 600 million plastic bottles per time thanks to TOMRA’s outfit. TOMRA and Reciclar set an example of accelerating an indirect treatment of precious coffers in Latin America. The Argentinian factory, with a face area of further than 22,000 m2, features the rearmost generation of TOMRA Recycling Sorting outfit and ministry. AUTOSORT ™ and AUTOSORT ™ FLAKE allow the recycler business to sort and recover further than 30,000 tons/ time of PET holders by color and material type and produce demitasse, green, or light blue PET flakes and HDPE flakes of different sizes and colors. Also, Reciclar produces food-grade PET recyclates from post-consumer PET bottles.
  • Thanks to the chastity situations achieved, recyclers can further reuse them into high-quality PET and HDPE recyclates for the product of new packaging and bottles with increased recycled content, thus supporting an environmentally friendly resource operation and product in Argentina. The plastic recycling challenge is a global problem in which all are involved, and in Latin America, the task isn't a minor bone.
  • For this reason, TOMRA Recycling Sorting and Reciclar, S.A., two important companies in the recycling sector, are joining forces to contribute to environmental conduct in the region to extend the life cycle of plastics. Both companies seek to maximize the use of recycled plastic through commitment, invention, and fidelity. According to this charge, Reciclar recently installed fresh TOMRA outfits to meet the recycling challenges in Argentina. An ECOPLAS report estimates that the total volume of plastic reclaimed in 2021 amounted to 307,000 tonnes of plastics, an increase of 11 compared to 2020.
  • The factory innovated by Marcelino Casella, which has specialized in collecting, sorting, and recovering waste for the last 28 times, only recently added 2 new AUTOSORT ™ FLAKE units to its operation to produce demitasse, green or light blue PET flakes and HDPE flakes of different sizes and colors. Thanks to TOMRA Recycling Sorting's advanced PET bottle and PET packaging sorting outfit and technology, the Argentinean company has reached a processing capacity of 600 million plastic bottles and a product of 18,000 tons of plastic pallets per time, becoming the leading company in Argentina in PET waste processing.
South American Waste Management Market: Share of respondents who are likely to recycle materials in selected countries, Latin America, in Percentage(%), 2022

Increasing waste production driving the market

  • Latin America is inestimable for global food production. Yet it's no stranger to the food waste issue. Latin America accounts for about a quarter of global exports in agricultural and fisheries products. According to the OECD data, 38 of its available area is used for agriculture, out of which 9.5 is devoted to crops and 28.5 to pasturage. The agricultural sector is crucial for Latin American livelihoods, contributing to a normal of 4.7 of GDP and employing at least 14 of the region’s population. Precluding food loss and waste is one of the topmost remaining global challenges.
  • This challenges enterprises also Latin America. The FAO estimates that 6 of global food losses occur in Latin America and the Caribbean, and the region loses and/ or wastes each time about 15 of its food each. The Pan American Health Organization estimates that “ in 2030, hunger will affect 67 million people in the region, a figure that doesn't take into account the impacts of the COVID-19 epidemic ”. In addition, this figure represents the global food supply lapses caused by the war in Ukraine. So, indeed, advanced shameful hunger data are anticipated.
South American Waste Management Market: Forecast of the composition of municipal waste, in %, in Latin American and the Caribbean in 2025

South American Waste Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)