Market Size of North America Municipal Solid Waste Management Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 49.96 Billion |
Market Size (2029) | USD 61.46 Billion |
CAGR (2024 - 2029) | 4.23 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Municipal Solid Waste Management Market Analysis
The North America Municipal Solid Waste Management Market size is estimated at USD 49.96 billion in 2024, and is expected to reach USD 61.46 billion by 2029, growing at a CAGR of 4.23% during the forecast period (2024-2029).
The North American municipal solid waste (MSW) management market is pivotal in the environmental services industry. It encompasses the collection, transportation, processing, recycling, and disposal of solid waste from residential, commercial, and industrial sources. North America, particularly the United States and Canada, significantly contributes to the MSW management market. Given the rising waste generation and the adoption of advanced waste management practices, the market is poised for steady growth in the coming years.
Managing municipal solid waste (MSW) in the United States is generally satisfactory. Private entities predominantly handle the transportation and disposal of MSW, ensuring adequate funding. Annually, Americans produce around 258 million tons of MSW. Of this, roughly 53% finds its way to landfills, a figure that has stabilized. Presently, 34.6% of MSW is recycled, while 12.8% is incinerated for energy generation.
Stringent environmental regulations at the federal, state, and local levels, such as the US Resource Conservation and Recovery Act (RCRA), underscore the importance of proper waste management. Urbanization and population growth are directly linked to increased waste generation, necessitating scalable waste management solutions.
Public awareness and government initiatives drive the push for recycling, waste reduction, and waste-to-energy practices. Technological innovations, like automated sorting and IoT-based waste collection, are enhancing the efficiency of waste management processes. Also, as economic development and income levels rise, so does consumption and subsequent waste generation, further bolstering the demand for advanced waste management services.