Solid Waste Management Market in Europe to observe high growth through 2026

Europe solid waste management market trends may be positively affected by the conscious efforts taken by the governments to encourage the practice of sustainable waste management. The high pollution index of most countries in the region is a great cause of concern for the respective authorities. Urbanization is one of the major factors contributing to the rise in solid waste generation.

To combat the above-mentioned problems, the authorities are placing strict rules and regulations to encourage firms to adopt clean and sustainable waste management measures. In 2018, the EU reviewed and revised the legislative proposal pertaining to waste management policies.

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The aim of this proposal was to prevent the use of illegal landfilling methods. Besides, organizations are introducing advanced technologies to dispose of waste responsibly, thereby boosting potential of solid waste management marketin Europe.

The number of residential and commercial complexes is rising at a robust rate in Europe. Moreover, the percentage of the urban population is growing steadily every year. These issues will amplify the need for high-quality waste management solutions. According to the European Environment Agency (EEA), the population of Europe is expected to surpass 510 million by 2030.

The high disposable income has enabled consumers to splurge on manufactured products, which can increase the risk of waste generation. This will, in turn, enhance the demand for solid waste management practices among the consumers.

Plastic pollution and high wastage of food items are expected to increase the adoption of recycling and composting practices in Europe. According to Eurostat, recycled waste occupied 37.9% of the total waste in 2018. Regulatory reforms with respect to preventing the practice of open dumping will drive the regional solid waste management market forecast.

Anaerobic digestion treatment is likely to hold a significant share of Europe solid waste management market by 2026. Governments are focusing on creating innovative waste-to-energy plants that will help create opportunities for generating electricity from waste.

This type of waste treatment is quite affordable as compared to the available alternatives. In addition, strict government actions to decrease the customer’s overall dependence on traditional energy generation stations will augment the deployment of solid waste management services in the region.

UK solid waste management market size will grow at a significant rate as advanced recycling methods and technologies are being created to better manage the large quantities of waste generated annually. The authorities are enforcing strict rules with respect to carbon emissions to reduce pollution levels.

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For example, the Food Waste Recycling Action Plan (FWRAP), which was launched in 2016, aims to greatly enhance the food recycling rate across the industrial and municipal sectors. FWRAP is one of the many projects unveiled by the government to achieve the food recycling and solid waste management targets.

Europe solid waste management market share will increase as organizations, including Biffa Group, Cleanaway, Amec Foster Wheeler, Veolia Environment SA, Stericycle Inc., Keppel Seghers, and Wheelabrator Technologies Inc., among a few others are creating innovative technologies to smartly manage solid waste. These technologies will play an important role in disposing of municipal and industrial solid waste generated in manufacturing, food processing & textiles, mining, hospitals, hotels, and other areas.

Table of Contents (ToC) of the report:

Chapter 1.  Methodology and Scope

1.1. Methodology

1.2. Market definitions

1.3. Market estimates and forecast parameters

1.4. Data sources

1.4.1.  Primary

1.4.2.  Secondary

Chapter 2.  Executive Summary

2.1. Europe solid waste management industry 3600 synopsis, 2015 – 2026

Chapter 3.  Europe Solid Waste Management Market Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 – 2026

3.3. Industry ecosystem analysis

3.3.1.  Vendor matrix

3.4. Innovation & sustainability

3.5. Regulatory landscape

3.6. Price trend analysis

3.7. Industry impact forces

3.7.1.  Growth drivers

3.7.2.  Industry pitfalls & challenges

3.8. Growth potential analysis

3.9. Porter’s analysis

3.10.     Competitive landscape, 2019

3.10.1.            Strategy dashboard

3.11.     PESTEL analysis

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