Dive Summary:
- A new report from the management consulting and market research firm Lucintel predicts that the global waste management and remediation services market will swell to $263.4 billion by 2017.
- The report, titled "Global Waste Management and Remediation Services Industry 2012-2017: Trend, Profit and Forecast Analysis," also anticipates that the market will have a compound annual growth rate of 4.7% over the next five years.
- The predictions credit increasing populations, rising standards of living and government environmental regulations for the anticipated growth.
From the press release:
The global waste management and remediation services industry experienced good growth during the last five years and is expected to continue its growth momentum, reaching approximately US$263.4billion in 2017 with a CAGR of 4.7% over the next five years (2012-2017).Increasing population, rise in living standard of people in emerging and developed economies, technological advancement, and impending infrastructural projects urbanization are expected to drive the industry.
Lucintel, a leading global management consulting and market research firm, has analyzed the global waste management and remediation services industry and presents its findings in “Global Waste Management and Remediation Services Industry2012-2017:Trend, Profit and Forecast Analysis.” ...