Industry: Energy & Power | Publish Date: 08-Oct-2024 | No of Pages: 20 | No. of Tables: 82 | No. of Figures: 47 | Format: PDF | Report Code : EP2742
Sweden Waste Management Market size was valued at USD 7.89 billion in 2023, and is predicted to reach USD 12.59 billion by 2030, at a CAGR of 5.80% from 2024 to 2030.
Sweden 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.
The growing volume of waste in Sweden is accelerating the expansion of the waste management market. As waste generation rates climb, there is an increasing need for advanced waste handling systems and technologies to handle the surge effectively. As per the report published by European Environment Agency report 2022, the annual municipal waste generation in the country accounted for 4.6 million tonnes in 2020 and waste generation per capita stood at 431 kg. This demand is driving innovation and investment in waste recycling solutions that leads to Sweden waste management market growth and development.
The government initiatives aimed at controlling waste disposals further fuels the growth of the market. By implementing regulations and policies that promote waste reduction, recycling, and proper disposal, these initiatives drive Sweden waste management market demand for advanced waste management solutions. As per the report published by European Environment Agency report 2023, the Swedish government decided to raise the targets for preparation for reuse and material recycling of municipal waste gradually until 2035. The focus on enhancing waste control measures supports the development of new technologies and services, contributing to market expansion and improved environmental outcomes.
Stringent environmental regulations and compliance standards significantly increase operational costs for companies, creating a substantial financial burden. These regulations require companies to invest in advanced technologies and processes to meet compliance, which can limit their ability to expand and innovate.
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 Sweden 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.
The promising key players operating in Sweden waste management industry includes Sysav, Renova, Ragn-Sells, Avfall Sverige, Stena Recycling, Vattenfall AB, PreZero Recycling AB, Sortera Group, Lassila & Tikanoja (L&T), Envac Group, and others.
Municipal Solid Waste (MSW) or Household
Food
Paper and Cardboard
Plastic
Glass
Metal
Others
Industrial
Manufacturing Waste
Construction & Demolition Waste
Agriculture Waste
Other Industrial waste
Commercial
Composting
Incineration
Controlled Landfill
Uncontrolled Landfill
Sanitary Landfill
Open Dump
Recycling
Key Players
Sysav
Renova
Ragn-Sells
Avfall Sverige
Stena Recycling
Vattenfall AB
PreZero Recycling AB
Sortera Group
Lassila & Tikanoja (L&T)
Envac Group
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size Value in 2023 |
USD 7.89 billion |
Revenue Forecast in 2030 |
USD 12.59 billion |
Value Growth Rate |
CAGR of 5.80% 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. |