Analysts’ Viewpoint
Stringent waste management rules and recycling objectives in Europe are fueling major investment and innovation in waste management technology across the region. Moreover, the Europe Union's commitment to a circular economy model is prompting governments to announce initiatives, providing not just environmental advantages but also access to key raw material resources. Germany's extraordinary contribution, with a significant 62% waste recycling rate, highlights the region's leading position, globally, in terms of waste management and recycling.
However, in order to effectively benefit from this period of development and transformation, the garbage recycling industry in the region must solve infrastructural constraints and regulatory differences between various states in Europe. The next several years are expected to be critical for the Europe waste recycling services market growth, where sustainability and resource efficiency are top priorities.
The waste recycling services industry in Europe has witnessed considerable transition in the last few years, spurred by both environmental concerns and legislative actions. Europe has long been at the forefront of environment-friendly activities, and the waste recycling services industry is no exception. Countries across Europe have prioritized waste management and recycling due to stringent legislation and a rising commitment to reducing environmental damage. Consequently, a thriving and rapidly developing garbage-recycling sector has emerged.
The Europe Union's Circular Economy Action Plan is one of the primary drivers of the waste recycling services market value in Europe. This Plan aims to encourage resource efficiency and waste reduction by shifting from a linear ‘take-make-dispose’ model to a circular one in which resources are reused, remanufactured, and recycled. This endeavor has boosted innovation and investment in recycling technologies and infrastructure.
Awareness about recycling and sustainability is rising among the public and businesses across Europe. Consumers and businesses are increasingly preferring to support recycling activities, and organizations are implementing more environment-friendly practices. This, in turn is projected to boost the Europe waste recycling services market demand in the next few years.
Rise in investment in waste management by the private sector is reflective of a larger transition toward sustainable and responsible waste management methods in which private businesses play a critical role in tackling the region's environmental concerns.
Private-sector investments have provided much-needed money to the waste management industry, enabling the construction and growth of recycling infrastructure across Europe. These expenditures vary from the construction of cutting-edge recycling facilities to improvements in garbage collection and transportation networks, all of which improve the efficiency and reach of recycling services. Moreover, increased private sector investment in waste management is anticipated to offer significant Europe waste recycling services market opportunities for service providers across the region.
Involvement of the private sector in waste management is frequently accompanied by innovation and technological integration. Companies are constantly looking for new methods to optimize recycling operations, decrease waste, and maximize resource recovery. This drive to innovation helps not just the environment but also creates new business prospects and job chances in the region.
Furthermore, private sector investments encourage healthy competition in the Europe waste recycling services industry. Competition promotes the use of cost-effective alternatives, which can result in decreased recycling costs for consumers and companies. This competitive environment is assisting Europe in remaining at the forefront of sustainable waste management strategies. Therefore, greater private sector investment is not only expected to stimulate economic growth but also contribute considerably to the increase in Europe waste recycling services market statistics in the near future.
Rapid increase in waste generation is a result of rising urbanization, consumerism, and industrial activity, demanding creative and sustainable waste management solutions. Growth in population and economic expansion in several countries across Europe have significantly fueled the amount of garbage produced. This increase creates both environmental and economic difficulties.
Countries in Europe are setting aggressive recycling and waste reduction goals to mitigate the harmful effects of excessive waste. Consequently, these aims to manage the rising waste quantities are estimated to propel the waste recycling services market revenue during the forecast period.
Growing output of garbage has resulted in a greater emphasis on recycling and resource recovery. Governments and companies in Europe are realizing the importance of diverting more waste away from landfills and incineration and toward recycling and circular economy measures. This has led to a significant increase in expenditure on recycling infrastructure, collecting methods, and technologies.
Furthermore, increased public awareness about environmental concerns and demand for sustainable practices have fueled market expansion. Consumers and companies are more inclined to support recycling programs, necessitating the provision of garbage recycling services to match this demand.
Furthermore, rapid increase in garbage creation is driving investments, innovation, and public awareness, transforming Europe into a hotspot for sustainable waste management and resource recovery. This movement not only tackles environmental issues, but it also provides major economic opportunities for the region.
According to analysis of the Europe waste recycling services market forecast, the region has enacted rigorous waste management rules and set lofty recycling objectives. Likewise, it is focused on establishing a circular economy that assures access to high quality, low-cost raw resources. These factors are anticipated to propel the waste recycling services market value in the next few years.
In terms of country, Germany, held a prominent waste recycling services market share in 2022. Germany is expected to provide significant incremental opportunities between 2022 and 2030, and it remains a highly appealing market owing to its role as one of the leading waste recyclers in the region. A recycling rate of 62% for total garbage generated highlights the country's dedication to recycling.
The waste recycling services business in Europe is highly competitive, with several major service providers operating in the region. These companies follow the latest waste recycling services market trends to consolidate their presence in the region. A few prominent players operating in the market in Europe are Waste Management, Inc., SUEZ, Veolia, Sims Lifecycle Services Inc., Ragn-Sells Group, REMONDIS SE & Co. KG, Fortum, Marius Pedersen a.s., Norsk Gjenvinning Norge AS, SCHOLZ RECYCLING GMBH, and Paprec Group.
Key players in the Europe waste recycling services market report have been profiled based on various parameters such as company overview, financial state, business strategies, product portfolio, business sectors, and recent developments.
| Attribute | Detail |
|---|---|
| Size in 2022 | US$ 155.2 Bn |
| Forecast (Value) in 2031 | US$ 251.4 Bn |
| Growth Rate (CAGR) | 5.4% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2020-2022 |
| Quantitative Value | US$ Bn for Value |
| Market Analysis | It includes segment analysis as well as regional level analysis. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Region Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available upon request |
| Pricing | Available upon request |
The Europe market stood at US$ 155.2 Bn in 2022
It is expected to expand at a CAGR of 5.4% from 2023 to 2031
Increased private sector investment in waste management and rapid growth in waste generation
In terms of waste recycling type, the construction & demolition segment held largest share in 2022
Waste Management, Inc., SUEZ, Veolia, Sims Lifecycle Services Inc., Ragn-Sells Group, REMONDIS SE & Co. KG, Fortum, Marius Pedersen a.s., Norsk Gjenvinning Norge AS, SCHOLZ RECYCLING GMBH, Paprec Group
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Europe Waste Recycling Services Market Analysis and Forecast, 2023-2031
2.6.1. Europe Waste Recycling Services Market Value (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Component Providers
2.9.2. List of Manufacturers
2.9.3. List of Dealer/Distributors
2.9.4. List of Potential Customers
2.10. Product Specification Analysis
2.11. Production Overview
2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
3.1. Impact on the Supply Chain of the Europe Waste Recycling Services
3.2. Impact on the Demand of Waste Recycling Services Market – Pre & Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Europe Waste Recycling Services Market Analysis and Forecast, by Waste Recycling Type, 2023-2031
5.1. Introduction and Definitions
5.2. Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type, 2023-2031
5.2.1. Waste Paper and Cardboard Recycling
5.2.2. Plastic Recycling
5.2.3. Metal Recycling
5.2.4. Electronics Waste Recycling
5.2.5. Wood Recycling
5.2.6. Clothing and Textile Recycling
5.2.7. Glass Recycling
5.2.8. Construction & Demolition
5.2.9. Others
5.3. Europe Waste Recycling Services Market Attractiveness, by Waste Recycling Type
6. Europe Waste Recycling Services Market Analysis and Forecast, by End-user, 2023-2031
6.1. Introduction and Definitions
6.2. Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
6.2.1. Municipal
6.2.2. Industrial
6.2.3. Others
6.3. Europe Waste Recycling Services Market Attractiveness, by End-user
7. Europe Waste Recycling Services Market Analysis and Forecast, by Country and Sub-Region, 2023-2031
7.1. Key Findings
7.2. Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Country and Sub-Region, 2023-2031
7.2.1. Germany
7.2.2. U.K
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Sweden
7.2.7. Denmark
7.2.8. Finland
7.2.9. Norway
7.2.10. Poland
7.2.11. Russia & CIS
7.2.12. Rest of Europe
7.3. Europe Waste Recycling Services Market Attractiveness, by Country and Sub-Region
8. Europe Waste Recycling Services Market Analysis and Forecast, 2023-2031
8.1. Key Findings
8.2. Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.3. Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4. Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Country, 2023-2031
8.4.1. Germany Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.2. Germany Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.3. U.K Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.4. U.K Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.5. France Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.6. France Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.7. Italy Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.8. Italy Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.9. Spain Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.10. Spain Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.11. Sweden Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.12. Sweden Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.13. Denmark Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.14. Denmark Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.15. Finland Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.16. Finland Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.17. Norway Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.18. Norway Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.19. Poland Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.20. Poland Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.21. Russia & CIS Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.22. Russia & CIS Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.4.23. Rest of Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023-2031
8.4.24. Rest of Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023-2031
8.5. Waste Recycling Services Market Attractiveness Analysis
9. Competition Landscape
9.1. Market Players - Competition Matrix (by Tier and Size of Companies)
9.2. Market Share Analysis, 2021
9.3. Market Footprint Analysis
9.3.1. By Waste Recycling Type
9.4. Company Profiles
9.4.1. Sims Metal Management Limited
9.4.1.1. Company Revenue
9.4.1.2. Business Overview
9.4.1.3. Product Segments
9.4.1.4. Geographic Footprint
9.4.1.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.1.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.2. Waste Management Inc
9.4.2.1. Company Revenue
9.4.2.2. Business Overview
9.4.2.3. Product Segments
9.4.2.4. Geographic Footprint
9.4.2.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.2.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.3. SUEZ
9.4.3.1. Company Revenue
9.4.3.2. Business Overview
9.4.3.3. Product Segments
9.4.3.4. Geographic Footprint
9.4.3.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.3.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.4. Veolia
9.4.4.1. Company Revenue
9.4.4.2. Business Overview
9.4.4.3. Product Segments
9.4.4.4. Geographic Footprint
9.4.4.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.4.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.5. Sims Lifecycle Service Inc
9.4.5.1. Company Revenue
9.4.5.2. Business Overview
9.4.5.3. Product Segments
9.4.5.4. Geographic Footprint
9.4.5.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.5.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.6. Ragn Sells Group
9.4.6.1. Company Revenue
9.4.6.2. Business Overview
9.4.6.3. Product Segments
9.4.6.4. Geographic Footprint
9.4.6.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.6.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.7. REMONDIS SE & Co. KG
9.4.7.1. Company Revenue
9.4.7.2. Business Overview
9.4.7.3. Product Segments
9.4.7.4. Geographic Footprint
9.4.7.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.7.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.8. Kuusakoski
9.4.8.1. Company Revenue
9.4.8.2. Business Overview
9.4.8.3. Product Segments
9.4.8.4. Geographic Footprint
9.4.8.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.8.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.9. Fortum
9.4.9.1. Company Revenue
9.4.9.2. Business Overview
9.4.9.3. Product Segments
9.4.9.4. Geographic Footprint
9.4.9.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.9.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.10. Marius Pedersen a.s.
9.4.10.1. Company Revenue
9.4.10.2. Business Overview
9.4.10.3. Product Segments
9.4.10.4. Geographic Footprint
9.4.10.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.10.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.11. Norsk Gjenvinning Norge AS
9.4.11.1. Company Revenue
9.4.11.2. Business Overview
9.4.11.3. Product Segments
9.4.11.4. Geographic Footprint
9.4.11.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.11.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.12. SCHOLZ RECYCLING GMBH
9.4.12.1. Company Revenue
9.4.12.2. Business Overview
9.4.12.3. Product Segments
9.4.12.4. Geographic Footprint
9.4.12.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.12.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
9.4.13. Paprec Group
9.4.13.1. Company Revenue
9.4.13.2. Business Overview
9.4.13.3. Product Segments
9.4.13.4. Geographic Footprint
9.4.13.5. Production Type/Plant Details, etc. (*As Applicable)
9.4.13.6. Strategic Partnership, Type Expansion, New Product Innovation, etc.
10. Primary Research: Key Insights
11. Appendix
List of Tables
Table 1: Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 2: Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 3: Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Country, 2023–2031
Table 4: Germany Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 5: Germany Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 6: U.K. Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 7: U.K. Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 8: France Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 9: France Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 10: Italy Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 11: Italy Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 12: Spain Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 13: Spain Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 14: Sweden Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 15: Sweden Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 16: Denmark Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 17: Denmark Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 18: Finland Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 19: Finland Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 20: Norway Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 21: Norway Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 22: Poland Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 23: Poland Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 24: Russia & CIS Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 25: Russia & CIS Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
Table 26: Rest of Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by Waste Recycling Type , 2023–2031
Table 27: Rest of Europe Waste Recycling Services Market Value (US$ Mn) Forecast, by End-user, 2023–2031
List of Figures
Figure 1: Europe Waste Recycling Services Market Value Analysis, by Waste Recycling Type , 2022, 2027, and 2031
Figure 2: Europe Waste Recycling Services Market Attractiveness, by Waste Recycling Type
Figure 3: Europe Waste Recycling Services Market Value Analysis, by End-user, 2022, 2027, and 2031
Figure 4: Europe Waste Recycling Services Market Attractiveness, by End-user
Figure 5: Europe Waste Recycling Services Market Value Analysis, by Country and Sub-region, 2022, 2027, and 2031
Figure 6: Europe Waste Recycling Services Market Attractiveness, by Country and Sub-region
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Europe Waste Recycling Services Market
*86 figures and 60 tables includes