Water and waste management encompasses the design, construction, and operation of plants for water treatment and supply, sewage handling and disposal, and solid waste handling and disposal. water and waste management protect water resources. Recycling and reusing the waste that is produced benefits the environment by lessening the need to extract resources and lowers the potential for contamination.
Sizing and Forecast
The water and waste management consulting services market size has grown steadily in recent years. It will grow from $18.47 billion in 2023 to $19.36 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to environmental regulations and compliance, infrastructure development and modernization, water scarcity and resource management, waste reduction and recycling initiatives, public awareness and stakeholder engagement.
The water and waste management consulting services market size is expected to see strong growth in the next few years. It will grow to $24.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing circular economy and sustainable practices, climate change adaptation and resilience, technological innovation integration, government initiatives and funding, public-private partnerships (ppps). Major trends in the forecast period include digitalization of services, waste-to-energy solutions, resilience planning, community engagement and social responsibility, innovative financing models.
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Segmentation & Regional Insights
The water and waste management consulting services market covered in this report is segmented –
1) By Waste: Solid Waste Management, Waste Water Management
2) By Treatment: Primary Treatment, Secondary Treatment, Tertiary Treatment, Other Treatments
3) By Applications: Municipal Waste, Industrial Waste, Others4) By Service: Strategic Solid Waste Management & Planning, Water Treatment & Distribution System Designs, Design and Documentation for Recycling and Waste Disposal Facilities, Environmental and Social Impact Assessment, Sewage System Setup Services, Other Services (Operational Services, Infrastruture Development, Economics and Finance, Advisory Services)
North America was the largest region in the water and waste management consulting services market in 2023. Western Europe was the second largest region in the water and waste management consulting services market analysis. The regions covered in the water and waste management consulting services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing industrial and municipal waste due to rapid urbanization is contributing to the growth of the water and waste management consulting services market. Due to urbanization, there will be a rapid increase in production and consumption that generates waste from several sources, such as domestic waste, commercial waste, institutional waste, and industrial waste. According to the World Bank report, in 2022, with rapid population growth and urbanization, annual waste generation is expected to increase by 73% from 2020 levels to 3.40 billion tonnes in 2050. Every year, according to Waste Dive, a supplier of recycling equipment, about 2.01 billion metric tonnes of municipal solid waste (MSW) is produced globally. The report also states that 40% of waste worldwide is mismanaged and is dumped or burnt in open spaces, indicating that there is a huge untapped market for waste management consulting services.
Key Industry Players
Major companies operating in the water and waste management consulting services market report are Jacobs Engineering Group Inc., Fluor Corporation, Republic Services Inc., AECOM Technical Services Inc., E.I. du Pont de Nemours and Company, ERM Worldwide Limited, WSP Global Inc., WorleyParsons plc, KBR Inc., Amec Foster Wheeler Environment and Infrastructure Limited, CH2M HILL Engineers Inc., Stantec Inc., Black & Veatch Corporation, Parsons Corporation, Tetra Tech Inc., Arcadis NV, MWH Global Inc., Casella Waste Systems Inc., Golder Associates Ltd., SLR Consulting Ltd., ENVIRON International Corporation, Antea Group Inc., Catalyst Canada Inc., Mott MacDonald Middle East LLC, Blue Vista Technologies Inc., Evoqua Water Technologies LLC, URS Corporation, SUEZ Environnement SA, Wood Environment & Infrastructure Solutions Inc.
The water and waste management consulting services market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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