Finland Waste Management Market by Waste Type (Municipal Solid Waste (MSW) or Household, Industrial, and Commercial) and by Waste Treatment (Composting, Incineration, Controlled Landfill, Uncontrolled Landfill, Sanitary Landfill, Open Dump, and Recycling)– Opportunity Analysis and Industry Forecast, 2024 – 2030
Industry: Energy & Power | Publish Date: 08-Oct-2024 | No of Pages: 114 | No. of Tables: 82 | No. of Figures: 47 | Format: PDF | Report Code : EP2735
Finland Waste Management Market Overview
Finland Waste Management Market size was valued at USD 10.61 billion in 2023, and is predicted to reach USD 14.74 billion by 2030, at a CAGR of 3.80% from 2024 to 2030.
Finland waste management market involves a wide range of services and activities aimed at managing and mitigating the impact of waste generated by various sectors including residential, commercial, industrial, and healthcare.
It includes the collection, transportation, processing, recycling, and disposal of waste materials in a manner that is environmentally responsible and sustainable. The market also involves the development and implementation of technologies and practices that promote waste reduction, resource recovery, and the safe handling of hazardous materials.
Key components of the waste reduction market include waste collection services, recycling facilities, waste-to-energy plants, landfill operations, and environmental consulting services. As awareness of environmental issues grows, the waste reduction market continues to expand, driven by growing population, technological advancements, and increasing public demand for sustainable waste solutions.
Rising Waste Generation of the Country Fuels the Growth of the Market in the Country
The increase in waste generation in Finland is driving substantial growth in the waste management market. As waste volumes rise due to population growth and heightened industrial activity, there is a growing need for effective waste handling solutions. As per the latest Eurostat report, Finland’s municipal waste generation accounted for 630 kg per capita in 2022 as compared to 611 kg in 2020, an increase of 1.03%. This surge in waste generation stimulates investments in advanced waste processing technologies, recycling facilities, and innovative waste reduction strategies.
Innovative Strategies and Collaborations by Various Organizations Drive Market Expansion in Finland
Innovative strategies from leading companies and research institutions are fueling market growth in the country. These advancements include new technologies, improved recycling methods, and sustainable waste management practices.
For instance, in June 2024, The University of Vaasa, in partnership with Finnish research institution State Technical Research Center (VTT) launched new research initiative Reusify to support the development of reusable packaging systems in Finland.
The collaboration between industry leaders and research entities results in more efficient and effective solutions for handling waste. As these cutting-edge approaches are implemented, they enhance waste recycling capabilities and stimulate market expansion.
Operational Costs and Regulatory Compliance Restrains the Market Growth
High operational costs and strict regulatory compliance requirements present considerable challenges to the Finland waste management market growth. The financial demands of maintaining and upgrading waste management systems, along with the costs of advanced technologies and specialized labor, drive up operational expenses. This, in turn, creates barriers for both established companies and new entrants, limiting opportunities for innovation and expansion.
The Adoption of Waste-To-Energy Technologies Creates Future Growth Opportunities in the Market
The adoption of waste-to-energy technologies such as incineration, anaerobic digestion, and gasification presents a significant growth opportunity for the waste management market as these technologies convert waste materials into usable energy, reducing landfill dependency and contributing to sustainable energy generation.
By transforming waste into a valuable resource, waste-to-energy solutions promote environmental sustainability and drive Finland waste management market expansion. This innovative approach aligns with global trends toward circular economy practices and offers economic benefits by generating energy from waste that creates a promising avenue for growth of the waste reduction sector.
Competitive Landscape
The promising key players operating in Finland waste management industry includes Ekoman, Lassila & Tikanoja (L&T), Remeo, Fortum Waste Solutions, Encore Environmental Services, Kuusakoski Recycling, Jätehuolto Ekokymppi, Kiertokapula, Veolia Environnement S.A., HSY (Helsinki Region Environmental Services Authority), and others.
Finland Waste Management Market Key Segments
By Waste Type
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Municipal Solid Waste (MSW) or Household
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Food
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Paper and Cardboard
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Plastic
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Glass
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Metal
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Others
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Industrial
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Manufacturing Waste
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Construction & Demolition Waste
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Agriculture Waste
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Other Industrial waste
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Commercial
By Waste Treatment
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Composting
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Incineration
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Controlled Landfill
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Uncontrolled Landfill
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Sanitary Landfill
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Open Dump
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Recycling
Key Players
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Ekoman
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Lassila & Tikanoja (L&T)
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Remeo
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Fortum Waste Solutions
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Encore Environmental Services
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Kuusakoski Recycling
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Jätehuolto Ekokymppi
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Kiertokapula
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Veolia Environnement S.A.
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HSY (Helsinki Region Environmental Services Authority)
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size Value in 2023 |
USD 10.61 billion |
|
Revenue Forecast in 2030 |
USD 14.74 billion |
|
Value Growth Rate |
CAGR of 3.80% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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