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Growth Opportunities in the European Industrial Waste Management
Frost & Sullivan, Oct 2011, Pages: 89
This Frost & Sullivan research service titled Growth Opportunities in the European Industrial Waste Management Services Market provides in depth analysis of key market trends and growth sectors. It also offers revenue forecasts. In this research service, Frost & Sullivan's expert analysts thoroughly examine the waste management services for collection, recycling, incineration, and landfill disposal of non-hazardous commercial and industrial waste.
MARKET OVERVIEW
Regulatory Pressures Create Growth Opportunities in the European Industrial Waste Management Service Market
The industrial waste management services sector is strongly positioned as a $75 billion market in Europe, driven by the growth and demand for value-added services such as recycling and recovery. Most countries in this region are working towards limiting landfill disposal, and are favouring energy recovery from waste and material recovery through recycling, due to legislative targets. The European industrial waste management services market will receive a fillip as countries recover from the economic downturn and industrial production rebounds.
“Regulatory pressures are intensifying the demand for value recovery from industrial waste,” notes the analyst of this research. “The European industrial waste management market is increasingly being pushed towards recovering value from waste, through the services of recycling and recovery.”
Overall, key growth markets such as the United Kingdom and countries in Southern Europe are primarily motivated by the need to conform to EU Directives. The growth momentum is being sustained by large markets, such as Germany and France, which maintain their active demand for industrial waste management services.
The industrial waste management market is intrinsically linked to industrial production, and is driven by the EU waste hierarchy policy, which stipulates that waste should go to landfills as the last resort. This is catalysing the development of alternative methods of waste treatment, including recycling and reuse. A rebound in industrial activity, as well as a shift towards value-addition from waste processing, will promote further growth in this well-developed market.
Regional Diversity Boosts the Prospects of Local Companies
Regional economic growth, industrial production levels, and local waste processing laws are the significant factors affecting the market. Regional policies and legislative targets for recycling, recovery, and disposal play an important role in influencing the waste management priorities and trends in various regional markets. These variations require companies in the waste management market to stay updated with regard to changes in legislative measures, as they need to ensure that these provisions are satisfactorily covered in their service offerings.
“The high level of regional diversity has created opportunities for local companies with specialised knowledge of their respective regions,” remarks the analyst. “Large multinational companies have also succeeded through strategies like establishing local subsidiaries or forming effective partnerships to achieve geographic scale-ups and comprehensive service offerings.”
Gaining a foothold in specific regional markets is critical due to the localised nature of the services market. This, in turn, necessitates a keen understanding of local practices, laws, and permitting procedures.
“Waste management remains an essentially localised business. This aspect has assisted in the proliferation of a large number of local participants across Europe,” concludes the analyst. “An understanding of local techniques and operational specifics related to services such as collection, sorting and incineration, will be crucial to gaining a competitive edge at the local level.”
MARKET SECTORS
Expert Frost & Sullivan analysts thoroughly examine the following services in this research:
- Waste collection services
- Waste recycling services
- Waste incineration services
- Waste disposal services
REASONS TO BUY
This comprehensive, objective information allows your company to:
- mitigate risk
- identify new opportunities
- drive effective strategies for growth
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