Waste Collection Services in the US - Industry Market Research Report
Description
Waste Collection Services in the US
Waste collection services primarily depend on the amount of waste produced. The COVID-19 pandemic negatively affected the industry as the economy spiraled into recession because of social distancing and stay-at-home orders. Residential waste production increased as consumers remained home, essentially countering decreased business activity. With widespread vaccination efforts and accommodative macroeconomic policy, business activity has recovered rapidly, benefiting the industry's revenue and profit. Despite the unprecedented losses experienced in 2020 and 2021, industry-wide revenue still grew at a CAGR of 1.1% to $73.7 billion over the past five years, including a plateau in 2023.
Operators in this industry collect hazardous and nonhazardous waste and recyclable materials. Nonhazardous waste includes municipal solid waste, or household waste, and industrial and commercial waste. This industry also includes transfer stations in which waste is relocated from local vehicles to long-distance automobiles for transport to disposal facilities. This industry does not account for government-provided services of a similar nature.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Waste collection services primarily depend on the amount of waste produced. The COVID-19 pandemic negatively affected the industry as the economy spiraled into recession because of social distancing and stay-at-home orders. Residential waste production increased as consumers remained home, essentially countering decreased business activity. With widespread vaccination efforts and accommodative macroeconomic policy, business activity has recovered rapidly, benefiting the industry's revenue and profit. Despite the unprecedented losses experienced in 2020 and 2021, industry-wide revenue still grew at a CAGR of 1.1% to $73.7 billion over the past five years, including a plateau in 2023.
Operators in this industry collect hazardous and nonhazardous waste and recyclable materials. Nonhazardous waste includes municipal solid waste, or household waste, and industrial and commercial waste. This industry also includes transfer stations in which waste is relocated from local vehicles to long-distance automobiles for transport to disposal facilities. This industry does not account for government-provided services of a similar nature.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
46 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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