What Has Been the Progress and Growth of the Water And Waste Management Consulting Services Market in Recent Years?
The water and waste management consulting services market has seen considerable growth due to a variety of factors.
• In recent times, there has been a stable expansion in the market size of water and waste management consulting services. Predictions are made for it to increase from $17.18 billion in 2024 to a staggering $17.98 billion in 2025, indicating a 4.7% compound annual growth rate (CAGR). Factors contributing to the growth throughout the historic period encompass environmental compliance and regulations, infrastructure advancement and modernization, scarcity of water and resource management, initiatives regarding waste reduction and recycling, public consciousness, and involvement of stakeholders.
What Is The Projected Growth Of The Water And Waste Management Consulting Services Market?
The water and waste management consulting services market is expected to maintain its strong growth trajectory in upcoming years.
• Over the coming years, the water and waste management consulting services market is projected to experience significant expansion. The market, which is expected to be worth $22.38 billion in 2029, will increase at a compound annual growth rate (CAGR) of 5.6%.
This expected growth over the forecast period can be traced back to aspects such as the rise of the circular economy and sustainable practices, adaptations to climate change and resilience, technology innovation deployment, government schemes and funds, and public-private collaborations. The market trends for this period are predicted to include the digitization of services, conversions of waste-to-energy, resilience strategizing, societal engagement and social responsibility, alongside innovative financial strategies.
What Main Forces Are Fueling Expansion In The Water And Waste Management Consulting Services Market?
Surges in industrial and municipal waste brought on by quick urbanization are stimulating the growth of the water and waste management consulting services market. Urbanization is expected to lead to a swift escalation in production and consumption, which will create waste from various sources such as residential, commercial, institutional, and industrial. To illustrate, the Department for Environment Food and Rural Affairs - a UK governmental department, reported in September 2024 that England's commercial and industrial sectors generated 33.6 million tons of waste in 2023. Hence, the rise in industrial and municipal waste is projected to continually fuel the expansion of the water and waste management consulting services market.
What Are The Principal Market Segments In The Global Water And Waste Management Consulting Services Healthcare Industry?
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, Others
4) By Service: Strategic Solid Waste Management And Planning, Water Treatment And 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, Infrastructure Development, Economics And Finance, Advisory Services)
Subsegments:
1) By Solid Waste Management: Waste Collection And Transportation, Recycling And Resource Recovery, Landfill Management, Waste Minimization And Reduction Strategies
2) By Waste Water Management: Treatment Plant Design And Optimization, Effluent Treatment Solutions, Water Reuse And Recycling, Regulatory Compliance And Reporting
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Which Emerging Market Trends Are Altering The Water And Waste Management Consulting Services Market?
Water and waste management consulting has recently seen a surge in popularity for GreenUp, a consulting approach. The GreenUp initiative aims to encourage ecological change by applying sustainable solutions in a variety of areas. Let's look at some central uses and goals of the GreenUp project. For example, in February 2024, Veolia, a utility company from France, initiated a new strategic approach known as "GreenUp" for the 2024-2027 period, positioning Veolia at the forefront of ecological change. The GreenUp initiative aims to accelerate the adoption of current sustainable solutions while also promoting innovations to address environmental problems. This plan targets three major growth sectors: bioenergy, water technologies, and energy efficiency. In these areas, Veolia intends to invest €2 billion (approximately $2.15 billion), aspiring to goals like producing 8 GW of bioenergy and enhancing its proficiency in water management and pollutant treatment. The initiative's ultimate goal is to dramatically decrease carbon emissions, aspiring to decrease scope 1 and 2 emissions by 50% by 2032 and attain carbon neutrality by 2050.
Who Are the Key Players in the Water And Waste Management Consulting Services Market?
Major companies operating in the water and waste management consulting services market include:
• 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
• MWH Global Inc.
• Casella Waste Systems Inc.
• Golder Associates Ltd.
• SLR Consulting Ltd.
• ENVIRON International Corporation
• Antea Group Inc.
• Mott MacDonald Middle East LLC
• Blue Vista Technologies Inc.
• Evoqua Water Technologies LLC
• URS Corporation
• SUEZ Environnement SA
• Wood Environment & Infrastructure Solutions Inc.
What are the Regional Insights into the Water And Waste Management Consulting Services Market?
North America was the largest region in the water and waste management consulting services market in 2024. 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.
