Water and Waste Management Consulting Services Global Market Report 2024

The water and waste management consulting services market size has grown steadily in recent years. It will grow from $18.47 billion in 2023 to $19.36 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The historical period's growth can be ascribed to factors such as adherence to environmental regulations, development and modernization of infrastructure, management of water scarcity and resources, initiatives for waste reduction and recycling, as well as increased public awareness and engagement with stakeholders.

The water and waste management consulting services market size is expected to see strong growth in the next few years. It will grow to $24.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The anticipated growth in the forecast period can be credited to the expansion of the circular economy and adoption of sustainable practices, efforts in climate change adaptation and resilience, integration of technological innovations, government initiatives and funding, as well as the establishment of public-private partnerships (PPPs). Key trends expected in the forecast period encompass the digitization of services, implementation of waste-to-energy solutions, resilience planning, community engagement, social responsibility, and the introduction of innovative financing models.

The surge in industrial and municipal waste resulting from rapid urbanization is contributing to the expansion of the water and waste management consulting services market. The accelerated urbanization process leads to a substantial rise in production and consumption, generating waste from various sources such as domestic, commercial, institutional, and industrial. According to a World Bank report, by 2050, annual waste generation is projected to increase by 73% from 2020 levels to reach 3.40 billion tons, fueled by rapid population growth and urbanization. Globally, about 2.01 billion metric tons of municipal solid waste (MSW) are produced annually, with approximately 40% of waste worldwide being mismanaged, either dumped or burned in open spaces. This highlights a significant untapped market for waste management consulting services.

The growth of water and waste management consulting services is expected to be driven by increasing water scarcity. Factors such as population growth and climate change contribute to rising water scarcity, posing a threat to the availability of clean water for drinking, agriculture, and industry. Urgent conservation efforts and innovative solutions are essential to address this global challenge. As per a September 2023 report from the World Health Organization, over 1.7 billion individuals worldwide rely on a drinking water source containing fecal contamination, emphasizing the severe threat to water safety. The prevalence of waterborne diseases underscores the need for advanced solutions to counter the diminishing water supply. The increasing water scarcity is poised to continue contributing to the growth of the water and waste management consulting services market.

The water and sanitation services industry, especially in less developed countries, is at risk due to insufficient funding for water and waste management. The WHO/UNICEF Joint Monitoring Programme for Water Supply, Sanitation, and Hygiene reported in 2020 that nearly half of the world's population lacked safely managed sanitation services, and one in four people lacked safely managed drinking water services. The limited funding from local authorities, governments, and international bodies poses a constraint on the growth of the water and waste management consulting services market.

The recent trend gaining momentum in water and waste management consulting is the adoption of SaaS (software-as-a-service)-based solutions. Companies are increasingly utilizing SaaS platforms to provide online services such as water quality management, EHS compliance, and carbon reporting. The SaaS delivery model involves software vendors offering remote access to their software as a web-based service. Many companies are leveraging SaaS to enhance the operational efficiency of water and waste management processes. For example, in 2020, Trimble introduced a new SaaS program for the remote monitoring of water and wastewater infrastructure. This program allows water and wastewater utilities to access hardware and software technologies through a subscription for remote monitoring of critical infrastructure.

Leading companies in the water and waste management consulting services market are incorporating innovative technologies such as SafaiMitra to gain a competitive advantage. SafaiMitra is an all-in-one waste collection management software designed to streamline waste management processes. In June 2023, DVertex Info System, an India-based company specializing in GIS and IoT-based software solutions, launched SafaiMitra, a proprietary waste collection management software. This software covers the entire waste management process, from waste generation to final disposal, using advanced technology to facilitate critical functions such as doorstep waste collection, payment collection, transportation and logistics management, and operations at material recovery facilities and treatment plants.

In July 2021, Green For Life (GFL), a US-based company offering waste management, liquid waste management, and soil remediation solutions, acquired Peoria Disposal Company for an undisclosed amount. This acquisition is part of GFL's strategy to expand its waste management footprint, particularly in the Midwest region of the US. Peoria Disposal Company, the acquired entity, specializes in waste disposal and waste materials management.

Major companies operating in the water and waste management consulting services market report are Jacobs Engineering Group Inc., Fluor Corporation, Republic Services Inc., AECOM Technical Services Inc., E.I. du Pont de Nemours and Company, ERM Worldwide Limited, WSP Global Inc., WorleyParsons PLC, KBR Inc., Amec Foster Wheeler Environment and Infrastructure Limited, CH2M HILL Engineers Inc., Stantec Inc., Black & Veatch Corporation, Parsons Corporation, Tetra Tech Inc., Arcadis NV, MWH Global Inc., Casella Waste Systems Inc., Golder Associates Ltd., SLR Consulting Ltd., ENVIRON International Corporation, Antea Group Inc., Catalyst Canada Inc., Mott MacDonald Middle East LLC, Blue Vista Technologies Inc., Evoqua Water Technologies LLC, URS Corporation, SUEZ Environnement SA, Wood Environment & Infrastructure Solutions Inc. North America was the largest region in the water and waste management consulting services market in 2023. Western Europe was the second largest region in the water and waste management consulting services market analysis. The regions covered in the water and waste management consulting services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The primary consulting services in water and waste management include solid waste management and wastewater management. Solid waste management entails the collection and treatment of solid waste. Various treatments for waste and water encompass primary treatment, secondary treatment, tertiary treatment, along with additional services such as strategic planning for solid waste management, design of water treatment and distribution systems, documentation for recycling and waste disposal facilities, environmental and social impact assessments, sewage system setup services, and other services such as operational services, infrastructure development, and economic and financial advisory services. These services find application in the management of municipal waste, industrial waste, and other waste categories.

The water and waste management consulting services market research report is one of a series of new reports that provides water and waste management consulting services market statistics, including global and regional market sizes, competitors with a water and waste management consulting services market share, detailed water and waste management consulting services market segments, market trends and opportunities, and any further data you may need to thrive in the water and waste management consulting services industry. This water and waste management consulting services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The countries covered in the water and waste management consulting services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The water and waste management consulting services market consists of revenue earned by entities that provide advice and assistance to businesses and other organizations on activities such as wastewater treatment and solid waste management. They offer expertise on processes to treat solid, liquid, gaseous or radioactive substances waste matter from businesses and other organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.