The UK 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: 09-Oct-2024 | No of Pages: 114 | No. of Tables: 82 | No. of Figures: 47 | Format: PDF | Report Code : EP1245
The UK Waste Management Market Overview
The UK Waste Management Market size was valued at USD 8.32 billion in 2023, and is predicted to reach USD 12.50 billion by 2030, at a CAGR of 4.90% from 2024 to 2030.
The UK 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.
Population Growth in the Country Spurs Expansion of Waste Management Market
The growing population drives the expansion of the waste management market as increasing numbers of residents generate more waste. According to the latest report published by the World Bank Group, the population growth in the UK accounted for 0.8% in 2023 as compared to -0.1% in 2021. Furthermore, the increasing population directly leads to a rise in residential waste generation. As per the government of the UK report 2023, the UK biodegradable municipal waste sent to landfill increased to 6.8 million tonnes in 2021 from 6.1 million tonnes in 2020.
Moreover, England is responsible for 79% of UK biodegradable municipal waste to landfill, generating 5.3 million tonnes of the 6.8 million tonnes UK total in 2021. This rise in waste volume necessitates enhanced waste management solutions and infrastructure to effectively handle and process the increased waste, spurring demand for advanced technologies and services in the market.
Rising Waste Volumes Drive Demand for Advanced Waste Management Solutions and Technologies
The increase in waste generation further fuels the growth of the market in the UK. As waste volumes continue to rise across residential and industrial sectors, there is an escalating the UK waste management market demand for effective waste management solutions. According to the waste management company Ecostar report 2023, the UK’s recycling rate rose to around 44% in 2021 from 11% in 2000. The UK recycles 63.2% in 2021 packaging waste and around 47% of waste from households.
Also, in Wales 56.7% of the waste from household is recycled, followed by Northern Ireland with 48.4%, England with 44.1 %, and from Scotland with around 41.7 %. This growing need drives the UK waste management market expansion and stimulates advancements in waste processing technologies and services, promoting the development of more efficient and sustainable waste management practices.
Budget Constraints and Environmental Concerns Restrain the Market Growth
Handling large quantities of waste while adhering to budget limitations and mitigating environmental impacts creates complexities in maintaining effective and sustainable waste management practices.
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 the UK waste management market 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 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 the UK waste management industry includes Biffa Limited, Renewi Plc, Viridor Limited, FCC Environment, Mick George, DS Smith, Reconomy, Veolia UK Limited, SUEZ Recycling and Recovery UK Ltd, REMONDIS UK Ltd., and others.
The UK 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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Biffa Limited
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Renewi Plc
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Viridor Limited
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FCC Environment
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Mick George
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DS Smith
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Reconomy
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Veolia UK Limited
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SUEZ Recycling and Recovery UK Ltd
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REMONDIS UK Ltd.
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size Value in 2023 |
USD 8.32 billion |
|
Revenue Forecast in 2030 |
USD 12.50 billion |
|
Value Growth Rate |
CAGR of 4.90% 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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