Italy 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 : EP2737
Italy Waste Management Market Overview
Italy Waste Management Market size was valued at USD 8.79 billion in 2023, and is predicted to reach USD 11.44 billion by 2030, at a CAGR of 2.80% from 2024 to 2030.
Italy 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.
Environmental Concerns Drive Growth in Italy's Waste Management Market
The rising concerns about the environment are propelling the growth of the waste management market in Italy. Increasing awareness of the negative impacts of improper waste disposal on ecosystems and public health drives demand for more efficient and sustainable waste management solutions.
According to the Eurostat report 2023, Italy generated 174.9 million tonnes and stands out within the European Union (EU) landscape with an overall recycling rate of 83.2% in 2020. This heightened environmental consciousness leads to greater adoption of recycling, composting, and waste-to-energy practices, fueling Italy waste management market growth and innovation.
Innovative Initiatives by Key Players Boost Demand for Waste Management Solutions
The recent initiatives by key companies such as product launches and collaborations, are fueling the growth of the market in Italy. Leading firms are investing in innovative technologies and sustainable practices to enhance waste collection, processing, and recycling.
For instance, in June 2024, Crocco (SpA SB) collaborated with Versalis to produce food packaging film made from raw materials partly derived from the recycling of post-consumer plastics.
The aim of this launch is to target mass production for the large-scale retail market. These strategic actions not only improve operational efficiency but also align with the growing demand for environmentally responsible waste management solutions, driving market expansion and competitiveness.
High Cost Associated with Waste Collection, Transportation Restrain the Market Growth
High cost associated with waste collection, transportation, and disposal services. The growing regulatory requirements for sustainable waste treatment and disposal, including recycling mandates and environmental compliance, further increase operational costs.
Additionally, limited landfill capacity and high investment requirements for advanced waste treatment technologies act as barriers for market players, particularly for small and medium-sized enterprises (SMEs).
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 trend 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 the Italy 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 Italy waste management industry includes Siriam S.p.A, A2A ambiente S.p.A., Herambiente S.p.A., Hera Group, ACEA Ambiente, Utilitalia, Iren Ambiente, AMSA (Azienda Milanese Servizi Ambientali), ECO-RICICLI Veritasm, Sogliano Ambiente, and others.
Italy 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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Siriam S.p.A
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A2A ambiente S.p.A.
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Herambiente S.p.A.
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Hera Group
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ACEA Ambiente
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Utilitalia
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Iren Ambiente
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AMSA (Azienda Milanese Servizi Ambientali)
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ECO-RICICLI Veritasm
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Sogliano Ambiente
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size Value in 2023 |
USD 8.79 billion |
|
Revenue Forecast in 2030 |
USD 11.44 billion |
|
Value Growth Rate |
CAGR of 2.80% 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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