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The Korean waste management market is expected to record a value of US$25.74 billion in 2025, growing at a CAGR of 6.23% for the period spanning 2021-2025. Factors such as growing population, increasing number of construction projects, accelerating generation of e-waste and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by decreasing residual landfill capacity, stringent government regulations regarding waste management operations and requirement for huge capital investment. A few notable trends may include escalating waste generation, surging fees for incineration & burying waste and ban on waste imports by China.
Waste management is the process of collecting, transporting & disposing garbage, sewage and other waste products. It involves treating solid waste and disposing unwanted products and substances in a safe and efficient manner. Waste management comprises of all types of waste i.e., solid, liquid or gas. It deals with municipal, industrial, and hazardous waste. Municipal waste generally is the residential waste and non-hazardous waste generated in towns and cities. Industrial waste refers to waste generated in industries while production and manufacturing processes. Whereas, the waste generated in pharmaceuticals, medicals, chemicals, and paint manufacturing industries is known as hazardous waste.
Based on the type of service, Korea waste management market can be classified into two key categories, named as, waste disposal and other services such as collection. Collection and disposal are the major activities performed on waste.
Scope of the report
- The report provides a comprehensive analysis of Korea waste management market with potential impact of COVID-19.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (IS Dongseo Co., Ltd., Insun Environmental New Technology Co., Ltd., Y-Entec Co., Ltd., Koentec Co., Ltd., TSK Corporation and Environment Management Corporation) are also presented in detail.
Key Target Audience
- Waste Management Firms
- Waste Management Equipment Manufacturers
- Potential Audience (Consumers & Industries Entities)
- Industry Investors
- Government Bodies & Regulating Authorities
What is the estimated value of the Korea Waste Management Market?
What is the growth rate of the Korea Waste Management Market?
What is the forecasted size of the Korea Waste Management Market?
Who are the key companies in the Korea Waste Management Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 77 |
| Published | October 2021 |
| Forecast Period | 2021 - 2025 |
| Estimated Market Value ( USD | $ 20.21 Billion |
| Forecasted Market Value ( USD | $ 25.74 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | South Korea |
| No. of Companies Mentioned | 6 |
Table of Contents
1. Market Overview
1.1 Introduction
1.2 Classification of Waste
1.3 Various Methods of Waste Disposal
1.4 Waste Disposal Procedure
1.5 Expansion in Waste Management Value Chain
1.6 Benefits of Waste Management
1.7 Disadvantages of Waste Management
2. Impact of COVID-19
2.1 Decline in Industrial Production
2.2 Escalating Medical Waste Generation
2.3 Medical Waste Management System in Korea
3. Market Analysis
3.1 Korea Waste Management Market by Value
3.2 Korea Waste Management Market Forecast by Value
3.3 Korea Waste Management Market by Service
3.3.1 Korea Waste Disposal Market by Value
3.3.2 Korea Waste Disposal Market Forecast by Value
3.3.3 Korea Waste Disposal Market by Type
3.3.4 Korea Recycling Waste Disposal Market by Value
3.3.5 Korea Recycling Waste Disposal Market Forecast by Value
3.3.6 Korea Landfill Waste Disposal Market by Value
3.3.7 Korea Landfill Waste Disposal Market Forecast by Value
3.3.8 Korea Incineration Waste Disposal Market by Value
3.3.9 Korea Incineration Waste Disposal Market Forecast by Value
3.3.10 Korea Other Waste Management Service Market by Value
3.3.11 Korea Other Waste Management Service Market Forecast by Value
3.4 Korea Annual Waste Generation Volume
3.5 Korea Annual Waste Generation Volume Forecast
3.6 Korea Recycled Waste by Type
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing Number of Construction Projects
4.1.2 Accelerating Generation of E-Waste
4.1.3 Expanding Urbanization
4.2 Key Trends & Developments
4.2.1 Surging Fees for Incineration & Burying Waste
4.2.2 Ban on Waste Imports by China
4.3 Challenges
4.3.1 Decreasing Residual Landfill Capacity
4.3.2 Process is not Environment Friendly
4.3.3 Requirement for Huge Capital Investment
4.3.4 Stringent Regulations
5. Competitive Landscape
5.1 Korea Market
5.1.1 Revenue Comparison of Key Players
5.1.2 Market Capitalization Comparison of Key Players
5.1.3 Korea Waste Management Market Share by Key Players
5.1.4 Korea Waste Incineration Market Share by Key Players
5.1.5 Korea Landfill Market Share by Key Players (General Waste)
6. Company Profiles
6.1 IS Dongseo Co., Ltd.
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Insun Environmental New Technology Co., Ltd.
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 Y-Entec Co., Ltd.
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 Koentec Co., Ltd.
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies
6.5 TSK Corporation
6.5.1 Business Overview
6.5.2 Business Strategies
6.6 Environment Management Corporation
6.6.1 Business Overview
6.6.2 Business Strategies
List of Charts
- Classification of Waste
- Various Methods of Waste Disposal
- Waste Disposal Procedure
- Expansion in Waste Management Value Chain
- Benefits of Waste Management
- Disadvantages of Waste Management
- Industrial Production in Korea (2020)
- Medical Waste Generation in Some Regions (2020)
- Medical Waste Management System in Korea (2020)
- Korea Waste Management Market by Value (2016-2020)
- Korea Waste Management Market Forecast by Value (2021-2025)
- Korea Waste Management Market by Service (2020)
- Korea Waste Disposal Market by Value (2016-2020)
- Korea Waste Disposal Market Forecast by Value (2021-2025)
- Korea Waste Disposal Market by Type (2020)
- Korea Recycling Waste Disposal Market by Value (2016-2020)
- Korea Recycling Waste Disposal Market Forecast by Value (2021-2025)
- Korea Landfill Waste Disposal Market by Value (2016-2020)
- Korea Landfill Waste Disposal Market Forecast by Value (2021-2025)
- Korea Incineration Waste Disposal Market by Value (2016-2020)
- Korea Incineration Waste Disposal Market Forecast by Value (2021-2025)
- Korea Other Waste Management Service Market by Value (2016-2020)
- Korea Other Waste Management Service Market Forecast by Value (2021-2025)
- Korea Annual Waste Generation Volume (2016-2020)
- Korea Annual Waste Generation Volume Forecast (2021-2025)
- Korea Recycled Waste by Type (2020)
- Korea - Building Permits (2016-2020)
- Online Electronic Goods & Home Appliances Sales in Korea (2016-2020)
- Korea Urban Population (2016-2020)
- Incineration & Landfill Fees in Korea (2016-2021)
- Estimated Residual Capacity at Domestic Landfill Sites in Korea (General + Hazardous Waste) (2019-2028)
- Korea Waste Management Market Share by Key Players (2020)
- Korea Waste Incineration Market Share by Key Players (2020)
- Korea Landfill Market Share by Key Players (General Waste) (2020)
- IS Dongseo Co., Ltd. Revenue and Net Income (2016-2020)
- Insun Environmental New Technology Co., Ltd. Sales and Net Income (2016-2020)
- Y-Entec Co., Ltd. Revenue and Net Profit (2016-2020)
- Koentec Co., Ltd. Revenue and Net Income (2016-2020)
List of Tables
- Revenue Comparison of Key Players (2020)
- Market Capitalization Comparison of Key Players (2020)
Companies Mentioned
- IS Dongseo Co., Ltd.
- Insun Environmental New Technology Co., Ltd.
- Y-Entec Co., Ltd.
- Koentec Co., Ltd.
- TSK Corporation
- Environment Management Corporation
