The Australia waste management market size reached USD 3.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.40% during 2024-2032. There are several factors that are driving the market, which include population growth, stringent environmental regulations and policies by governing authorities, environmental impact and climate change, and rising adoption of sustainability practices.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | USD 3.2 Billion |
Market Forecast in 2032 | USD 5.2 Billion |
Market Growth Rate 2024-2032 | 5.40% |
Population Growth
Australia’s population was 26,966,789 as on 31 December 2023, as stated by Australian Bureau of Statistics. As Australia's population is growing, the volume of waste generated is also increasing continuously. More people cause higher amounts of residential, commercial, and industrial waste. Managing this rising volume of waste requires expanded and more efficient waste management systems. In addition, the growing demand for collection, sorting, recycling, and disposal services in Australia is offering a favorable market outlook. Population growth often leads to urban expansion, which can result in higher concentrations of waste in urban areas. Managing waste effectively in densely populated cities requires advanced waste management solutions and infrastructure. Furthermore, rapid population growth can put a strain on existing waste management infrastructure such as landfills and recycling facilities. This strain is catalyzing the demand for investments in new facilities, upgrades to existing ones, and innovative waste management practices.
Environmental Impact and Climate Change
Governing agencies in Australia are implementing stringent regulations and policies to reduce greenhouse gas (GHG) emissions and address environmental concerns. They are undertaking initiatives like the National Waste Policy that emphasizes waste reduction, recycling, and reducing landfill use. They are also implementing waste-to-energy technologies and promoting circular economy principles. Compliance with these regulations is catalyzing the demand for advanced waste management solutions. Besides this, there is an increase in the focus on decreasing landfills, which are a significant source of methane, a potent greenhouse gas. Furthermore, many businesses are investing in waste reduction and recycling initiatives to align with climate goals and enhance their environmental credentials. For instance, on 25 July 2024, Australia's pioneering energy recovery facility in Kwinana, Western Australia, received its first waste delivery to the site. Once fully operational, Kwinana will be able to convert 460,000 tons of residential waste every year, which would have otherwise been disposed of in landfills.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on waste type, service, and source.
Waste Type Insights:
The report has provided a detailed breakup and analysis of the market based on the waste type. This includes municipal solid waste, e-waste, hazardous waste, medical waste, construction and demolition waste, and industrial waste.
Service Insights:
A detailed breakup and analysis of the market based on the service have also been provided in the report. This includes collection and disposal.
Source Insights:
The report has provided a detailed breakup and analysis of the market based on the source. This includes industrial, residential, and commercial.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Waste Types Covered | Municipal Solid Waste, E-Waste, Hazardous Waste, Medical Waste, Construction and Demolition Waste, Industrial Waste |
Services Covered | Collection, Disposal |
Sources Covered | Industrial, Residential, Commercial |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |