Top Plastic Waste Management Companies

Plastic Waste Management Market size was valued at USD 38.49 Billion in 2024 and is poised to grow from USD 39.72 Billion in 2025 to USD 51.11 Billion by 2033, growing at a CAGR of 3.2% during the forecast period (2026–2033).

The plastic waste management market is relatively fragmented and highly competitive. Major players in the market are always working on various growth strategies that will help them sustain a competitive edge. In this fiercely competitive industry, these companies rely on innovations, mergers & acquisitions, partnerships, and collaborations to survive. The main market players always look after R&D for the development of the most efficient and cost-effective solutions for the industries. 'Waste Management, Inc. (United States)', 'Republic Services, Inc. (United States) ', 'Veolia Environnement S.A. (France) ', 'SUEZ S.A. (France) ', 'Clean Harbors, Inc. (United States) ', 'Stericycle, Inc. (United States) ', 'Covanta Holding Corporation (United States) ', 'Biffa plc (United Kingdom) ', 'Renewi plc (United Kingdom) ', 'DS Smith plc (United Kingdom) ', 'Tomra Systems ASA (Norway) ', 'Umicore S.A. (Belgium) ', 'Indorama Ventures Public Company Limited (Thailand) ', 'Borealis AG (Austria) ', 'Eastman Chemical Company (United States) ', 'Carbios (France) ', 'GFL Environmental Inc. (Canada) ', 'Cleanaway Waste Management Limited (Australia) ', 'Sims Limited (Australia) ', 'Alpek S.A.B. de C.V. (Mexico)'

To enhance sustainable activities and eliminate plastic waste, governments globally are enforcing more stringent regulations. Companies and governments are being forced to implement more effective plastic waste management solutions by laws such as banning single-use plastics and requiring recycling and waste management programs. With such legal frameworks in place, innovations come with a high demand in making recycling and efficient trash disposal easier. This has led to market expansion of plastic waste management. 

Technical Innovation in Recycling: The development and adoption of advanced recycling technologies, such as chemical recycling and bioplastics, represent a trend. They allow for a more imaginative process of dealing with plastic waste through resource reutilization into higher quality products. New technological solutions further innovate and find new ways of dealing with old recycling issues that challenge companies to effectively and sustainably manage plastic waste. 

North America, with 15.5% of the global market share in 2023, sat at the top. It is expected that this region would witness significant growth in the coming years, considering the growing awareness about plastic waste and the requirement to reduce carbon footprint. The largest market contributors in the region comprise the US that are exporting most of their wastes to other countries for recycling or disposal. Government initiatives and strict laws on the management of the disposal of plastic waste facilitate further market progress in this region. Thus, North America led the plastic waste management market.