Home Advanced Materials Wet Waste Management Market Size, Top Share, Growth, Report to 2033

Wet Waste Management Market Size, Share & Trends Analysis Report By Service (Collection and Transportation, Disposal and Landfill, Processing, Sorting, Storage), By Source (Industrial, Municipal, Commercial, Healthcare and Medical, Others), By Type of Waste (Food Scrap, Meat and Bones, Medical Waste, Shredded Paper, Agricultural Waste, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRAM2334DR
Last Updated : Nov 14, 2024
Author : Straits Research
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Wet Waste Management Market Size

The global Wet Waste Management Market Size was valued at USD 147.17 billion in 2024 and is projected to reach from USD 153.91 billion in 2025 to USD 220.22 billion by 2033, growing at a CAGR of 4.58% during the forecast period (2025-2033).

The wet waste consists of cooking waste and includes vegetable peels, tea, fruit, etc. Dry trash includes paper, glass, plastic, cardboard, Styrofoam, rubber, metal, and food packaging materials. Wet waste is organic waste that is typically heavy due to its high moisture content and can be separated into biodegradable and non-biodegradable garbage.

These wet wastes consist primarily of flesh and bones, food scraps, agricultural waste, paper shreds, and medical waste, among others. The process of managing wet waste is composting the garbage to create biogas, manure, and other products used to produce electricity. It is also helpful in removing waste from public locations to reduce health and hygiene issues.


Wet Waste Management Market Growth Factors

Migration of People from Rural Areas to Urban Areas

As employment opportunities in cities continue to expand, people are moving from rural and remote areas to industrialized and metropolitan areas. As a result, it is anticipated that the expansion of the global wet waste management business will be driven in the future by the increase in the population of urban areas. Compared to the volume of garbage produced worldwide, a few treatment plants are available for processing wet waste. As a result, there is a pressing demand for many treatment plants to accommodate the volume of trash.

Government Initiatives to Raise Waste Management Awareness

The government promotes waste management awareness through various programs, advertisements, and social networking sites which are expected to enhance the overall wet waste management market during the forecast period. It is anticipated that the development of waste-to-energy solutions would further boost the global industrial demand by easing the process of putting the solution into action.

Wet Waste Management Market Restraining Factors

Increasing Prices of Waste Management Devices

The market for wet wastewater management is being constrained by elements like COVID's influence and the increasing cost of the management equipment. The expansion of the market is hampered by improper discharge management. Poorly managed waste exposure can occasionally cause similar irritants, an increase in blood infections, some respiratory issues, growth issues, and various reproductive issues. The main problem is that recycling plastic is more expensive than buying new plastics and using fillers and colorants.

Wet Waste Management Market Opportunities

Growing Awareness in Public and the Government

The market players are anticipated to benefit from lucrative growth opportunities predicted to arise due to the need to develop waste-to-energy solutions and a rise in awareness among the public and government agencies regarding these solutions. As a result of these prospects, waste management organizations have implemented methods to improve the quality of the services in the market. Veolia and nestle have started to collaborate to develop recycling initiatives to recycle waste plastic. The Shanghai Chemical Industry Park and Suez similarly arranged to collect hazardous waste from the industrial park's clients and the automotive industry.

Study Period 2021-2033 CAGR 4.58%
Historical Period 2021-2023 Forecast Period 2025-2033
Base Year 2024 Base Year Market Size USD 147.17 Billion
Forecast Year 2033 Forecast Year Market Size USD 220.22 Billion
Largest Market Asia-Pacific Fastest Growing Market Europe
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Regional Insights

Asia-Pacific: Dominant region with 5.23% market share

The Asia-Pacific region holds a substantial market share in the global wet waste management market. The industry's economic prospects have improved due to increased urbanization, the use of environmentally friendly products, and the persistence of ecological problems. Europe is the second-largest world region and is anticipated to grow at a CAGR of 5.23% during the forecast period. Several European regions contribute to and account for a substantial market share due to increased government efforts and programs that assist the management's promotion. With the assistance of municipal corporations, European nations have funded the entry of several market participants into health and hygiene facilities.

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Segmental Analysis

By Service

Processing is anticipated to dominate the global market for wet waste management and is likely to continue during the prediction period. This is primarily attributable to the growing population, which has increased the demand for managed services and rising waste generation.

By Source

The municipal waste sector will lead the global wet waste management market. The quick boost in urbanization worldwide, along with the tremendous rate of population expansion, is producing a vast quantity of municipal trash.

By Type of Waste

The food waste segment is dominant in the global wet waste management market. Each year, the amount of food wasted in homes and businesses worldwide is staggering. Food scraps are growing in significance as a waste category in the global wet waste management market.

Market Size By Service

Market Size By Service
  • Collection and Transportation
  • Disposal and Landfill
  • Processing
  • Sorting
  • Storage

  • List of key players in Wet Waste Management Market

    1. Clean Harbors Inc. (U.S.)
    2. SUEZ Environment Co. S.A. (France)
    3. Veolia Environment S.A. (France)
    4. Republic Services Inc. (U.S.)
    5. Waste Management Inc. (U.S.)
    6. Covanta Energy Corporation (U.S.)
    7. Advanced Disposal Services Inc. (U.S.)
    8. Stericycle (U.S.)
    9. Progressive Waste Solution Ltd. (Canada)
    10. Remondis SE & Co. Kg (Germany)
    11. Sampurn(e)arth Environment Solutions Pvt. Ltd. (India)
    12. Eco Wise Waste Management Pvt. Ltd. (India)
    13. Waste Ventures India (India)
    14. Fomento de Construcciones y Contratas (Spain)
    15. Panda Recycling (Ireland).

    Wet Waste Management Market Share of Key Players

    Wet Waste Management Market Share of Key Players

    • June 2022- Clean Harbors Inc., Safety-Kleen Introduces KLEEN+ Brand of Base Oils – a Revolutionary Combination of Sustainability and Superior Quality.
    • June 2022- SUEZ partners with FDJ as the leading co-sponsor of the top French women’s cycling team FDJ-SUEZ-Futuroscope.
    • April 2022- Veolia launches an innovative industrial solution to produce CO2-neutral biofuel from pulp production.
    • May 2022- Republic Services and Archaea Energy Launch Landmark Joint Venture to Develop 39 New Renewable Natural Gas Projects Across U.S.

    Wet Waste Management Market Segmentations

    By Service (2021-2033)

    • Collection and Transportation
    • Disposal and Landfill
    • Processing
    • Sorting
    • Storage

    By Source (2021-2033)

    • Industrial
    • Municipal
    • Commercial
    • Healthcare and Medical
    • Others

    By Type of Waste (2021-2033)

    • Food Scrap
    • Meat and Bones
    • Medical Waste
    • Shredded Paper
    • Agricultural Waste
    • Others

    Frequently Asked Questions (FAQs)

    What is the growth rate for the Wet Waste Management Market?
    Wet Waste Management Market size will grow at approx. CAGR of 4.78% during the forecast period.
    Some of the top industry players in Wet Waste Management Market are, Clean Harbors Inc. (U.S.), SUEZ Environment Co. S.A. (France), Veolia Environment S.A. (France), Republic Services Inc. (U.S.), Waste Management Inc. (U.S.), Covanta Energy Corporation (U.S.), Advanced Disposal Services Inc. (U.S.), Stericycle (U.S.), Progressive Waste Solution Ltd. (Canada), Remondis SE & Co. Kg (Germany), Sampurn(e)arth Environment Solutions Pvt. Ltd. (India), Eco Wise Waste Management Pvt. Ltd. (India), Waste Ventures India (India), Fomento de Construcciones y Contratas (Spain), Panda Recycling (Ireland)., etc.
    In the Wet Waste Management Market, Asia-Pacific has established itself as the market leader with a significant market share.
    The Wet Waste Management Market has seen the most substantial growth rate in Europe.
    The global Wet Waste Management Market report is segmented as follows: By Service, By Source, By Type of Waste


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