Waste Collection Services in the US - Industry Market Research Report

Waste Collection Services in the US - Industry Market Research Report
Waste Collection Services in the US

Waste collection services primarily depend on the amount of waste produced. The COVID-19 pandemic negatively affected the industry as the economy spiraled into recession because of social distancing and stay-at-home orders. Residential waste production increased as consumers remained home, essentially countering decreased business activity. With widespread vaccination efforts and accommodative macroeconomic policy, business activity has recovered rapidly, benefiting the industry's revenue and profit. Despite the unprecedented losses experienced in 2020 and 2021, industry-wide revenue still grew at a CAGR of 1.1% to $73.7 billion over the past five years, including a plateau in 2023.

Operators in this industry collect hazardous and nonhazardous waste and recyclable materials. Nonhazardous waste includes municipal solid waste, or household waste, and industrial and commercial waste. This industry also includes transfer stations in which waste is relocated from local vehicles to long-distance automobiles for transport to disposal facilities. This industry does not account for government-provided services of a similar nature.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.