The water and waste management consulting services market consists of the sales of water and waste management consulting services by entities (organizations, sole traders and partnerships) that provide advice and assistance to business entities and other organizations on activities such as wastewater treatment and solid waste management. They offer expertise on processes to treat industrial waste such as solid, liquid, gaseous or radioactive substances from a wide range of industries and organizations. Only goods and services traded between entities or sold to end consumers are included.
The global water and waste management consulting service market is expected to grow from $8.1 billion in 2019 to $8.12 billion in 2020, at a compound annual growth rate (CAGR) of 0.03%. There was nominal growth in this market mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $9.72 billion in 2023 at a CAGR of 6.18%.
