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Growth Opportunities in the European Municipal Waste Management Services Market Despite Recession - New analysis from Frost & Sullivan, Growth Opportunities in the European Municipal Waste Management Services Market, finds that the market earned revenues of $41.81 billion in 2007 and estimates this to reach $46.06 billion in 2014
Growth Opportunities in the European Municipal Waste Management Services Market Despite Recession

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/01/26 - New analysis from Frost & Sullivan, Growth Opportunities in the European Municipal Waste Management Services Market, finds that the market earned revenues of $41.81 billion in 2007 and estimates this to reach $46.06 billion in 2014.

   
 
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The municipal waste management services market in Europe continues to offer growth opportunities in key markets despite the global economic crisis. Steadily rising volumes and advanced treatment solutions are creating new segments and attracting sustained interest from key participants. The market has responded essentially to key EU legislations that have prompted a shift away from landfill towards alternate treatment solutions.

New analysis from Frost & Sullivan (environmental.frost.com), Growth Opportunities in the European Municipal Waste Management Services Market, finds that the market earned revenues of $41.81 billion in 2007 and estimates this to reach $46.06 billion in 2014.

“A combination of increasing volumes and the adoption of more expensive forms of treatment and disposal has brought about the solid expansion of the market from $36.60 billion in 2004 to its current levels,” notes Suchitra Padmanabhan, Programme Manager, Waste Management, Frost & Sullivan. “Current forecasts foresee further growth by 2014 as waste stubbornly continues to rise and the move towards more sustainable, and costly, treatment and disposal practices continue.”

Prospects for the municipal waste management services market in Europe beyond 2007 remain positive. The largest market for municipal solid waste (MSW) services in Western Europe is Germany, which accounted for nearly 24 per cent of revenues in 2007. Of the other key markets, Italy and France are the most significant with Italy exhibiting particular dynamism in recent years.

However, the regulation of the sector continues to be varied across countries in the EU. This is hampering its modernisation and the shift towards higher value treatment and disposal practices. Infrastructural constraints remain a major factor for the market - notably capacity constraints and the effects of available investment for the sector. Both should ensure that landfill continues as a significant disposal route for some time to come.

Moreover, technological developments in the sector suggest that although waste volumes overall are set to rise, there is an increasing focus on slowing volume growth. “There is a growing emphasis on these technologies and even though overall waste volumes are rising, there is an effort alongside to reduce waste at source itself through waste minimisation technologies” states Padmanabhan. “In addition, liberalisation of the public sector in certain markets will boost competitive conditions and facilitate the entry of new players across Europe.”

Competitors are offering an integrated waste management services approach. This approach offers a variety of technologies and services to deal with particular waste elements that is beneficial for a municipality both in saving money and meeting its regulatory requirements.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the European municipal waste management services market, then send an email to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

Growth Opportunities in the European Municipal Waste Management Services Market is part of the Environmental Growth Partnership Service programme, which also includes research in the following markets: European Hazardous Waste Management Services Market, Snapshot of Global Waste to Energy Plant Market, European Industrial Waste Management Services Market and Outsourcing Opportunities in the European Industrial Waste Management Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

 
 
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Written by / Agency / Source: Frost & Sullivan

 
 

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Growth Opportunities in the European Municipal Waste Management Services Market Despite Recession

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Publisher Contact: Chiara Carella 
+44 (0) 20 7343 8314 chiara.carella[.]frost.com
 
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