North America Solid Waste Management Market Size (2024 - 2029)

North America Solid Waste Management Market Analysis

The North America Solid Waste Management Market size is estimated at USD 75.02 billion in 2024, and is expected to reach USD 87.22 billion by 2029, growing at a CAGR of 3.01% during the forecast period (2024-2029).

• In North America, solid waste management is a significant challenge due to the high population density and urbanization. The region generates a substantial amount of waste from residential, commercial, and industrial sources. To effectively manage this waste, comprehensive strategies and infrastructure are in place.
• One of the key trends in North America's solid waste management market is the emphasis on sustainable waste management practices. There is a growing focus on reducing waste generation through initiatives like recycling, composting, and waste reduction programs. Many cities and municipalities have implemented recycling programs to divert recyclable materials from landfills.
• Furthermore, regulatory frameworks play a crucial role in shaping the solid waste management market in North America. Government regulations at the federal, state, and local levels set standards for waste management practices, including landfill operations, waste collection, and recycling. Compliance with these regulations ensures the proper handling and disposal of solid waste.
• About half of the 300 million tons that are produced each year in the United States end up in landfills. Although the rate of MSW recycling in the United States has increased significantly since the 1960s, there has been little progress over the last decade, with recycling rates hovering around 30%. U.S. recycling rates are relatively low when compared with other countries, particularly in Europe.
• In terms of population, the United States is the biggest waste producer. The United States accounts for less than 5% of the global population but produces roughly 12% of global MSW and is the biggest generator of MSW per capita. On average, U.S. citizens produce more than 811 kilograms of waste per year.
• The United States produces more than 1,700 pounds of food, plastic, and hazardous waste per person.
• Each year, the country manages an estimated 35 million tons of hazardous materials. The United States saw nearly USD 9 billion in revenue for dangerous waste treatment and disposal in 2021, up 184% from 2000.
• The waste management industry in North America is also witnessing a shift towards a circular economy approach. The circular economy aims to minimize waste generation by promoting the recycling and reuse of materials. This approach not only reduces the environmental impact but also creates economic opportunities by turning waste into valuable resources.
• Additionally, public awareness and education programs are essential in promoting responsible waste management practices. Many organizations and local governments conduct educational campaigns to encourage individuals and businesses to adopt sustainable waste management habits, such as proper waste sorting and recycling.
• Overall, the solid waste management market in North America is evolving towards sustainable and innovative approaches. By focusing on waste reduction, recycling, and advanced technologies, the region is striving towards a more environmentally friendly and efficient waste management system.

North America Solid Waste Management Industry Segmentation

Solid waste management is basically the whole process of getting rid of solid waste. It involves collecting waste from different sources, transporting it, treating it, analyzing it, and then disposing of it.

The solid waste management market is segmented by waste type, disposal method, and geography. By waste type, the market is segmented into e-waste, plastic, hazardous, bio-medical, and other waste types; by disposal methods, the market is segmented into landfills, incineration, and recycling; and by region, the market is segmented into the United States, Canada, and Mexico.

The report offers market size and forecasts for the solid waste management market in terms of value (USD) for all the above segments.