PUBLISHER: Grand View Research | PRODUCT CODE: 1790202
PUBLISHER: Grand View Research | PRODUCT CODE: 1790202
Waste Recycling Services Market Summary
The global waste recycling services market size was valued at USD 65,086.4 million in 2024 and is projected to reach USD 109,796.2 million by 2033, growing at a CAGR of 6.1% from 2025 to 2033. The growth is driven by growing environmental concerns, strict government regulations, rising industrial waste, and increasing awareness of sustainable practices.
Demand for resource recovery, circular economy initiatives, and corporate responsibility also contribute, encouraging businesses and consumers to adopt efficient waste management and recycling solutions. Technological advancements in sorting and processing have revolutionized recycling by increasing efficiency, accuracy, and speed. Automated systems, AI, robotics, and sensor-based sorting reduce contamination, lower labor costs, and maximize material recovery. These innovations make recycling more cost-effective and profitable, encouraging wider adoption across industries and municipalities.
Global Waste Recycling Services Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global waste recycling services market report based on product, application, and region.