The global waste management market is estimated to be valued at $2319.5 billion by 2027 , surging from $2075.8 billion in 2019 at a noteworthy CAGR of 5.6% . Impact Analysis of COVID-19 on the Waste Management Market The global market for waste management is estimated to experience a negative growth amid the COVID-19 pandemic. The growth is declining amidst the pandemic times due to shortage of labors, rapid increase in the amount of generated waste, and lack of efficient waste management to handle huge amount of waste generated from municipal, industrial and hazardous segments. Further, hazardous waste production increased from medical and pharmaceutical sectors. The existing waste management system was completely overwhelmed leading to stock piling of waste, inadequate disposal, open dumping, or burning of waste. Also, the recycling of plastic waste slowed down due to perceived risk of COVID-19 transmission and the use of single-use plast...
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