Global Market Outlook on Global Waste Management Market

  • Waste management market maturity is still very low outside Europe and North America
  • A long term waste management contract is somewhere between 10 to 25 year period
  • APAC and Latin America are witnessing increasing adoption of waste management  due to the efforts by large global buyers to consolidate supply base

Global WM Drivers and Constraints

  • Absence of the major suppliers direct operational presence across all locations in a particular region leads to subcontracting of services
  • Subcontracting of services usually leads to variation in quality of services performed and difficulties in managing multiple suppliers for the buyers and hence is avoided by the buyers as much as possible

Drivers

Tactical Benefits:

  • By outsourcing waste management services to a single supplier, the buyers can exploit the ability of service providers.

Potential Cost Savings:

  • Proper segregation of recyclable waste at source and disposing it to the right supplier would save significant amount of cost involved in the waste disposal
  • Engaging with a single WM supplier would allow buyers to realize operational benefits and cost savings, and achieve economies of scale
  • Centralized procurement through a regional  model will help buyers to re-examine their budgets on a regional scale

Constraints

Economic, Social and Governance Factors:

  • Sufficient amount of flow of funds is not appropriate among various regions for waste management activities. Also the delay in-between framing and enacting regulations
  • There is lack of suitable waste reprocessing infrastructure across the globe, specifically in the developing countries,  and high profile failure of plants or technologies are also adding to the apprehension for fund allocation
  • Subcontracting practice indirectly affects the buyer since subcontractors charge a margin to the service provider, which is eventually passed on to the buyer

Key Facts And Figures- North America Waste Management

North America market have presence of global suppliers with high market maturity.

  • In 2015, local governments across Canada spent around $2.9 billion, this expenditure is increasing annually between 10% to 15%
  • US waste management market has generated an annual revenue of over $70 billion in 2015
  • There are about 1900 municipal waste landfills across United States. Major waste generating industries are residential, food industry, manufacturing plants, and other industrial plants
  • The top waste management industry players are Veolia, Waste Management Inc, and Republic Services
  • These three players account for 40-45 percent of the total industry revenue
  • Canada generates over 30 million tonnes of waste annually
  • MSW is regulated by provinces and territories and managed my waste management industry under contract to municipal or regional authorities, or managed by municipal authorities directly
  • The residential and non-residential waste disposed in Canada is 40 percent and 60 percent respectively

Innovative Smart Technology for Waste Management

Innovative technologies in waste management saves a lot of money for companies, as well for countries and help them to reduce carbon footprints. 

Waste Data Analysis

  • Smart technologies help officials to better analyze and manage their waste
  • An example is IBM Research, which partnered with the Nairobi City County
  • Using big data, analytics and mobile technology to develop a programs for different waste management processes, so that they can collect data about the fleet, trucks and drivers, while also tracking problems on the roadways.

Solar Powered Trash Compactors

  • By compressing its contents, the unit gains capacity, so it doesn’t have to be emptied as often
  • Fewer collections mean cost-savings for labor, fuel and maintenance and reduced greenhouse gas emissions.
  • Powered by the sun,  eco-friendly compactors work in every kind of weather — snow, rain or shine.
  • An example is City of Richmond in Virginia, City of New Orleans in Louisiana

Robot Technology

  • Use suction pads to lift and sort household, municipal waste, such as cans and bottles
  • Each robot is estimated to have a picking cycle of one pick every three seconds, or 20 picks per minute. This equates to 1.8 million picks per year, or up to 200 tons of material

Smart Bins & Internet of Things

  • Equipped with wireless notification system and is connected to a computer or smartphone in real-time which automatically alerts the facility’s Waste Manager when the trash bin or baler is approaching full so that trash related tasks can be completed on demand
  • In cases where the frequency of waste generation is variable or slower, the wireless monitoring will save time, eliminate unnecessary work, and ultimately, save labor costs
  • It is currently been practiced in developed countries, but still not on a larger scale