Benchmarking Country Opportunities in Hazardous Waste Management Market in Asia-Pacific
Country benchmarking by Frost & Sullivan reveals that four countries—Australia, Japan, Singapore, and South Korea—have the highest potential for sustainable and long-term investment in hazardous waste management market.
Singapore appears to be the most attractive market, followed by Japan, South Korea, and Australia.
Other countries that are not benchmarked but are included for brief analysis are Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Frost & Sullivan considers these countries as emerging markets for hazardous waste management.
Unlike the four benchmarked countries, which have relatively more structured markets, these countries have semi-organized or unorganized hazardous waste management markets.
Malaysia appears to be the most promising among the emerging markets, followed by Indonesia, Thailand, the Philippines, and Vietnam.
About this report
The level of hazardous waste management varies among Asia-Pacific countries. Many countries still face major difficulties in managing locally produced hazardous waste. The private sector is often involved in treating hazardous waste at the national level; this is prevalent to a large extent in countries such as Singapore, Australia, and to a lesser extent, in Malaysia and Indonesia. However, for many developing countries, collecting data for proper assessment and action plan is often a challenge. Country benchmarking reveals that four countries—Australia, Japan, Singapore, and South Korea—have the highest potential for sustainable and long-term investment in the hazardous waste management market.
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