This research service outlines the mature market for solid waste management in Australia, and it discusses the reasons for the mature market stage. The fundamental factors driving and restraining this market are examined. The revenue generated, together with the volume of waste generated for the market, is forecast for the long term. Revenue and pricing trends, distribution channel trends, competitive landscape, and end-user segment analysis are also provided. In addition, the market is broken down into individual solid waste analyses by type. The study concludes with the last word, which presents the predictions for this market.
In Australia, the solid waste management (SWM) market is in the mature stage. The compound annual growth rate (CAGR) of the total SWM market is expected to be % from 2013 to 2018.
The market size in 2013 stood at $ billion; it is expected to be $billion in 2018.
The solid waste generated in Australia has continued to rise due to population growth and changing consumerism pattern, increasing urbanization, and economic activities.
The Government of Australia (GOA) realized the importance of integrated waste services for a sustainable environment protection and economic growth in the country.
The leading segment in solid waste management market in 2013 is waste collection service. It captured a market share of % in 2013, and it is likely to capture a higher market share at % in 2018.
Waste recovery segment is expected to gain market share, while the waste disposal segment is likely to witness decreasing revenue and market share.
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