According to the research report titled ‘Municipal Solid Waste Management Market By Source, By Treatment By Material (Paper & Paperboard, Metal, Plastic, Food, Textile, Others), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, municipal solid waste management market is anticipated to record significant growth over the period of 2020-2026.
 

According the industry experts, advancements in recycling centers along with growing environmental awareness are prime factors driving the expansion of municipal solid waste management market.
 

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Growing population has amplified the amount of waste generated, which in turn has compelled local corporations to adopt various waste disposal methods such as composting, sanitary landfills, incineration plants, and open dumps, further augmenting the market growth.
 

Notably, municipal solid waste mainly comprises of discarded items used daily including paint, newspapers, bottles, grass clippings, batteries, appliances, product packaging, clothing, food scraps, and furniture among others. As a matter of fact, schools, businesses, hospitals, and homes are the primary sources of this waste.
 

Based on streams, municipal solid waste management industry is segmented into commercial, industrial, and residential. Among these, the report states that industrial solid waste segment is predicted to expand significantly over the estimated timeframe, primarily due to increasing amount of waste generated from factories, non-process lines, and shipments.
 

With regards to the material, the plastic segment is anticipated record highest CAGR through 2027. Increasing demand for proper plastic disposal methods due to rising environmental awareness are favoring the overall market outlook.
 

Moreover, the textile segment is also projected to witness considerable growth in the ensuing years, primarily due to rising adoption of fabric reprocessing systems and increasing investments towards development of innovative recycling centers.
 

According to the regional analysis, the municipal solid waste management industry in Middle East and Africa is expected to register substantial growth over 2020-2026, owing to the growing tourism and hospitality sector along with rising rapid urbanization.
 

On the other hand, industry experts claim that Latin America municipal solid waste management market is anticipated to witness considerable expansion through 2026, mainly due to the increasing efforts towards development of public health & environmental infrastructure.
 

The major companies that define the competitive landscape of municipal solid waste management industry are Waste Connections, SUEZ, Sims Metal Management, Veolia Environment, Waste Management, Inc., Stericycle, Inc., Cleanaway, E.L. Harvey & Sons, Inc., China Everbright International Limited, Clean Harbors, Inc., Wheelabrator Technologies, Inc., Advanced Disposal Services, Inc.,  Plasco Conversion Technologies, Inc., Covanta Holding Corporation, Hitachi Zosen Corporation, Recology, Green Conversion Systems, Inc., Keppel Seghers, and Biffa Group among others.