Financial Services

Waste Recycling Services Market Expansion Outlook: $82.13 Billion by 2029 Forecast

November 13, 2025 by The Business Research Company

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What Is The Predicted Market Size Trajectory For The Waste Recycling Services Market From 2025 To 2034?

The waste recycling services market has experienced substantial expansion in recent years. It is anticipated to expand from $61.64 billion in 2024 to $64.8 billion in 2025, progressing at a compound annual growth rate (CAGR) of 5.1%. Historically, this market’s growth can be ascribed to a heightened understanding of environmental sustainability, strict waste disposal mandates, increasing quantities of waste produced, a stronger emphasis on conserving resources, and governmental directives aimed at curbing landfill reliance.

The waste recycling services market is projected to experience robust expansion over the coming years. Its valuation is anticipated to reach $82.13 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.1%. This projected increase during the forecast period is primarily driven by factors such as the increasing adoption of circular economy practices, various government initiatives aimed at waste reduction and recycling, a rising demand for recycled materials, the expansion of e-waste recycling services, and ongoing urbanization. Key developments expected within this period involve the advancement of recycling technologies, the incorporation of robotics and automation into recycling facilities, novel approaches in the recycling of construction and demolition waste, and the deployment of intelligent waste management systems.

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What Are The Drivers Pushing New Developments In The Waste Recycling Services Market?

Increasing public consciousness about plastic contamination is fueling the expansion of the waste recycling services market. Plastic pollution refers to the buildup of synthetic plastic materials in the environment to a level that threatens animals, their natural surroundings, and human populations. This degradation of the planet leads to numerous problems such as global warming and other climatic shifts. In response, governments in various countries are implementing new programs and regulations to cut down on plastic usage and raise awareness about plastic pollution. For instance, in March 2022, the Union environment ministry of India put forward a proposal to prohibit the manufacturing, use, sale, import, and handling of certain single-use plastic products nationwide from 2022. Such initiatives are boosting awareness of pollution, thereby driving the growth of the market.

What Are The Major Segments Identified In The Waste Recycling Services Market?

The waste recycling servicesmarket covered in this report is segmented –

1) By Waste Type: Compost And Food Waste, Glass And Fiberglass, Metal Scraps, Waste Paper, Other Types

2) By Service: Collection Service, Disposable Service

3) By Application: Municipal, Agricultural, Construction, Industrial, Other Applications

Subsegments:

1) By Compost And Food Waste: Organic Waste Composting, Anaerobic Digestion

2) By Glass And Fiberglass: Container Glass Recycling, Fiberglass Recycling

3) By Metal Scraps: Ferrous Metal Recycling, Non-Ferrous Metal Recycling

4) By Waste Paper: Cardboard Recycling, Mixed Paper Recycling

5) By Other Types: Electronic Waste, Plastics Recycling

How Are Emerging Market Trends Shaping The Waste Recycling Services Industry Landscape?

Technological advancements in waste recycling are transforming the waste recycling services market. Recent innovations allow for waste-to-power conversion, enabling industries to process their refuse and generate usable energy via biogas. Plasma arc recycling further aids in recovering a significant amount of metal from vehicles and other objects by employing a super-hot plasma torch. For example, in November 2022, Colas Group, a French civil engineering company, launched a construction waste recycling network with the goal of increasing the production of recycled materials. Colas has established 160 construction waste recycling facilities throughout France, introducing services like Valormat and Ecotri that prioritize strict quality control and traceability for processed materials. These facilities empower construction companies to obtain natural or recycled materials, including innovative products such as ‘VALOR BLOC’ concrete blocks made from recycled concrete, and also offer a two-way freight option for effortless disposal and collection of recycled products.

Which Global Market Leaders Are Shaping The Future Of The Waste Recycling Services Sector?

Major companies operating in the waste recycling services market include Advanced Disposal Services Inc., Casella Waste Systems Inc., China Recycling Development Co. Ltd., Clean Harbors Inc., Covanta Holding Corp., Eurokey Recycling Ltd., Interface Inc., Kayama Corp., Northstar Recycling Company, Xerox Corporation, Remondis SE & Co. KG., Republic Services Inc., Rubicon Global, Dowa Eco-System Co. Ltd., Fetzer Vineyards, Kcarp Ltd., Tsuneishi Kamtecs Corp., Waste Management Inc., Veolia Environnement S. A., Suez Environnement S. A., Stericycle Inc., Waste Connections Inc., GFL Environmental Inc., US Ecology Inc., Heritage-Crystal Clean Inc., BioHiTech Global Inc., Renewi plc, Biffa plc, FCC Environment UK Limited, ECO Green Equipment

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Which Regional Markets Are Contributing Most To The Waste Recycling Services Industry Expansion?

North America was the largest region in the waste recycling services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waste recycling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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