The global packaging waste management market will grow from USD 39.78 billion in 2025 to USD 54.21 billion by 2034, at a CAGR of 3.5% during 2025–2034. This growth comes from rising pollution concerns, higher consumer demand for sustainable solutions, strict government rules, focus on circular economy practices, and new innovations in recycling technologies. With sustainability becoming a top priority, companies are actively adopting packaging waste management practices.
Top Packaging Waste Management Market Players
- Veolia Environnement S.A.
- Suez S.A.
- Waste Management, Inc.
- Republic Services, Inc.
- Biffa plc
- Waste Connections, Inc.
- Remondis AG & Co. KG
- Stericycle, Inc.
- Covanta Holding Corporation
- FCC Environment
- Clean Harbors, Inc.
- Republic Services, Inc.
- Green Waste Management
- Recology
- China Everbright International Limited
- Urbaser S.A.
- Hitachi Zosen Corporation
- E.ON SE (in waste-to-energy)
- Renewi plc
- TerraCycle
Latest Announcement by the Industry Leader
- In July 2025, PyroGenesis Inc., a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry, announced that it has signed a contract for €379,000 with one of the world’s largest integrated environmental services companies, expanding PyroGenesis’ relationship with this client to include developing a solution for the plastic waste problem in Europe.
Recent Developments
- In May 2025, Chemco partnered with Kandoi to launch an INR 450-crore JV for the rPET project, creating a circular economy project, which is expected to transform PET waste into industrial packaging. Commercial production will begin by the end of 2025, and it will generate over 2,500 jobs and formalise India's waste value chain.
- In March 2025, Danish-Indian collaboration launched the ‘From Beach to Big Bags’ recycling initiative. The partnership is focused on building a scalable and sustainable value chain that recycles both ocean-bound and inland plastic waste into recycled polypropylene (rPP) big bags for industrial use.
- In January 2025, the Coca-Cola Foundation (TCCF) and the United Nations Development Programme (UNDP) are joining forces to tackle the escalating plastic waste crisis in Asia. With a grant of $15 million (nearly Rs 130 crore) from TCCF, this three-year program will be implemented across nine countries: Bangladesh, Bhutan, Cambodia, India, Maldives, Nepal, Philippines, Sri Lanka, and Vietnam.
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