How big is the Waste Recycling Market | Industry Trends & Growth Insights 2025

Code: MTA9594 Publication Date: Sep 2025

What is the size of Waste Recycling Market?

According to 6Wresearch internal database and industry insights, the Global Waste Recycling Market was valued at USD 12000 Billion in 2024 and is expected to reach USD 17700 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).

The primary factors for this increase are higher environmental awareness and government regulations supporting aspects of recycling, a growing demand for secondary raw materials, and the growth of recycling infrastructure that supports sustainable waste management practices across plastics, paper, metals, glass, and electronic waste globally.

Growth Factors for Waste Recycling Industry

  • Heightened environmental issues are driving recycling. 
  • Increased regulatory pressure advocating for sustainable treatment of waste. 
  • Growing demand for recycled plastics, paper, and metals.
  • Continued development of municipal and industrial recycling infrastructure.
  • Vigorous growth in sophisticated sorting and processing equipment.

Waste Recycling Market Trends

The Waste Recycling Market trends demonstrate a strong and fast uptake of circular economy principles and growth in the demand for recycled raw materials in packaging, automotive, and construction industries. More plastic recycling streams are taking form as new chemical recycling technologies evolve. E-waste is becoming more feasible as electronics continue to grow globally. Government influences are at work in many countries, enabling and incentivizing waste reduction and recycling processes, while compliance becomes more stringent. Consumers are actively gravitating toward sustainable and eco-friendly products, which is driving corporate investment in recycling programs.

Emerging Developments in the Waste Recycling Market

The Waste Recycling Market developments emphasize the adoption of AI-powered robotic sorting systems and chemical recycling methods to improve recovery efficiency and material quality. Companies are expanding partnerships with municipalities for large-scale recycling projects. Circular packaging models and closed-loop supply chains are being increasingly adopted by major manufacturers. Expansion of e-waste recycling facilities is addressing rising demand for rare earth metal recovery. Sustainable financing and green investments are also accelerating growth, positioning recycling as a cornerstone of sustainability.

List of Leading Companies in the Waste Recycling Market

Some of the leading companies include:

  • Veolia Environnement
  • SUEZ
  • Waste Management Inc.
  • Republic Services Inc.
  • Sims Limited
  • Biffa Plc
  • Covanta Holding Corporation

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