
United States and Canada Waste Management and Circular Economy Market Outlook 2023
Description
United States and Canada Waste Management and Circular Economy Market Outlook 2023
The waste management and circular economy market of the United States and Canada is in full growth. With new recycling targets that must be reached before 2030 and current recycling values close to 30%, countries and stakeholders should focus on improving waste segregation at source, source separation, materials recovery facility optimization, and recycling facilities. Incorporating digital solutions based on artificial intelligence and machine learning will be vital to boosting this market in the coming years and getting closer to the proposed recycling rates. Without neglecting the need to decarbonize this industry and carry out proper emissions management, the market for the management of gases from landfills for generating renewable natural gas (RNG) will see a substantial boost.
This study identifies companies to watch in the United States and Canada waste management and circular economy market and analyzes the factors driving and restraining its growth. It focuses on the following segments: collection, transportation, sorting & separation, reuse & recycling, energy recovery, and landfill management & RNG generation. Frost & Sullivan provides revenue forecasts and analysis and determines the growth opportunities emerging from this space that market participants can leverage. The United States and Canada waste management market is estimated to be $578.18 billion in 2022 and is likely to register a 9.6% CAGR by 2023.
The waste management and circular economy market of the United States and Canada is in full growth. With new recycling targets that must be reached before 2030 and current recycling values close to 30%, countries and stakeholders should focus on improving waste segregation at source, source separation, materials recovery facility optimization, and recycling facilities. Incorporating digital solutions based on artificial intelligence and machine learning will be vital to boosting this market in the coming years and getting closer to the proposed recycling rates. Without neglecting the need to decarbonize this industry and carry out proper emissions management, the market for the management of gases from landfills for generating renewable natural gas (RNG) will see a substantial boost.
This study identifies companies to watch in the United States and Canada waste management and circular economy market and analyzes the factors driving and restraining its growth. It focuses on the following segments: collection, transportation, sorting & separation, reuse & recycling, energy recovery, and landfill management & RNG generation. Frost & Sullivan provides revenue forecasts and analysis and determines the growth opportunities emerging from this space that market participants can leverage. The United States and Canada waste management market is estimated to be $578.18 billion in 2022 and is likely to register a 9.6% CAGR by 2023.
Table of Contents
76 Pages
- Top Predictions for 2023
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top Three Strategic Imperatives on the Waste Management and Circular Economy Market
- Growth Opportunities Fuel the Growth Pipeline Engine™
- Research Scope
- Market Segmentation
- Gross Domestic Product (GDP) Outlook by Country
- Population by Country and US Region
- Assumptions
- 2022 Waste Management Index by Country
- Packaging Recycling Rate by Region, United States
- Materials Recovery Facilities (MRFs), United States
- Landfills Overview, United States
- Revenue Forecast by Segment
- Revenue Forecast by Region
- Unites States National Recycling Targets
- Prediction 1—Higher Adoption of Extended Producer Responsibility (EPR) Initiatives and Policies
- Prediction 2—Promotion of Circular Economy Initiatives to Reduce Waste and Increase Reuse and Recycling
- Prediction 3—The RNG Segment Expands
- Prediction 4—Increased Recycling of Plastic Packaging
- Market Snapshot
- Market Snapshot
- Market Snapshot
- Market Snapshot
- Market Snapshot
- Market Snapshot
- West US
- Midwest US
- Northeast US
- South US
- Canada
- Waste Management Value Chain Competitors
- Competitors for Digitalization of the Waste Management Market
- Companies to Watch
- Growth Opportunity 1—Improvement of Recycling Rates and MRF Infrastructure
- Growth Opportunity 2—Transportation Segment Decarbonization
- Growth Opportunity 3—Incorporate Digital Solutions in the Collection Segment
- Growth Opportunity 4—Anaerobic Digestion to Reduce Organic Waste in Landfills
- Conclusions and Future Outlook
- Your Next Steps
- Why Frost, Why Now?
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