Waste management industry
Waste management industry, or waste industry for short, subsumes all industrial branches concerned with waste management, waste dumping, waste recycling and - to a lesser degree - waste prevention.
In Germany alone, waste management has evolved into a large economic sector. There are more than 270,000 people working in some 11,000 companies with an annual turnover of around 70 billion euros. More than 15,500 waste management facilities help to conserve resources through recycling and other recovery operations. On a global scale, the market size is expected to reach $530.0 billion by 2025 from $330.6 billion in 2017, with a compound annual growth rate of 6.0%. The growth might even continue when, according to a World Bank report, global waste production will grow by 70% from 2018 to 2050, unless severe measures are taken.Among the top companies in the sector are the following:
