Waste collection services primarily depend on the amount of waste produced. The COVID-19 pandemic negatively affected the industry as the economy spiraled into recession because of social distancing and stay-at-home orders. Residential waste production increased as consumers remained home, essentially countering decreased business activity. With widespread vaccination efforts and accommodative macroeconomic policy, business activity has recovered rapidly, benefiting the industry's revenue and profit. Despite the unprecedented losses experienced in 2020 and 2021, industry-wide revenue still grew at a CAGR of 1.1% to $73.7 billion over the past five years, including a plateau in 2023. Operators in this industry collect hazardous and nonhazardous waste and recyclable materials. Nonhazardous waste includes municipal solid waste, or household waste, and industrial and commercial waste. This industry also includes transfer stations in which waste is relocated from local vehicles to long-distance automobiles for transport to disposal facilities. This industry does not account for government-provided services of a similar nature. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Trash day: Population growth, business creation and increasing privatization will keep supporting demand for waste collection services
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Waste Management, Inc.
- Republic Services, Inc.
- Waste Connections, Inc.
- Veolia Environnement
- Junk King
- Quest Resource Holding Corporation
- O2E Brands Inc.
- Stericycle, Inc.
- Penn Waste Inc.
- Interstate Waste Services Inc.
- Emanuel Tire LLC
- Tire Disposal & Recycling Inc.
- Lorco Petroleum Services
- California Waste Solutions Inc.
Methodology
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