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Waste Management Market Insights By Growth, Research Methodology

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The global waste management market was valued at USD 383.83 billion in 2020 and is expected to register a CAGR of 5% during the forecast period (2021 – 2026). Rapidly growing economies, urbanization and the increasing population have led (materially intensive) to an increase in the resource consumption, and consequently the release of large amounts of waste into the environment. Observing from a global perspective, current waste and resource management lacks a holistic approach which covers the whole chain of product design, raw material extraction, production, consumption, recycling and waste management. A scarcity of land for the effective waste disposal and focus on the energy and resource recovery is driving the market growth. On the other hand, lower sustainability in waste management and low importance towards waste management are restricting market growth. In addition, the rise in the purchase of recyclable products is providing immense opportunities for market growth. The growth of the global waste management market is driven by an increase in the adoption of proactive government measures to reduce illegal dumping.

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COVID-19 impacted the waste management industry from the focus of segment shift; as during lockdown, the residential segment generated more amount of waste as compared to industrial and commercial centres, as industries and offices were partially or completely shut. However, reviving economies and resuming production activities along with start of vaccination drives in numerous countries will increase the amount of waste generation and lead to re-initiation of waste recycle industry and waste management companies at their full-scale capacity.

Key Market Trends

Spotlight on the Construction and Demolition waste management systems

At present, Construction and Demolition waste across worldwide is growing healthily whose management involves various activities such as – monitoring, collecting, transporting, recycling and disposing of the waste generated during construction, renovation or demolition of buildings or any other infrastructure. It assists in minimizing and re-using waste materials such as concrete, soil, wood, glass, plastic, cardboard and metal during construction activities. Unlike residential waste, construction and demolition waste materials are inert, heavy and non-biodegradable. Hence, regulatory authorities require commercial facilities for sorting, treating and filtering these materials before they can be re-used or decomposed. Increased construction and demolition activities are catalyzing the demand for the construction and demolition waste management worldwide. Construction and demolition activities produce large amounts of concrete, wood, plastic and metal waste. As improper disposal of these materials results in the emission of GHGs, environmental degradation, and deterioration of the overall health of people, the adoption of construction and demolition waste management practices has been gaining popularity all over the world.

Growth in Global Waste

There is a generation of 2.01 billion tons of municipal solid waste per year at the global level, with at least 33% of that—extremely conservatively—not managed in an environmentally safe manner. Worldwide, waste generated per person per day averages 0.74 kilograms but ranges widely, from 0.11 to 4.54 kilograms. Though they only account for 16 percent of the world’s population, high-income countries generate about 34 percent, or 683 million tons, of the world’s waste.

Waste Management Market
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India Veterinary Healthcare Market According to the latest research

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The India veterinary healthcare market is projected to register a CAGR of 7.98% during the forecast period, with a revenue of approximately USD 1,083.13 million in 2020 and expected to reach USD 1,697.15 million by 2026

The COVID-19 pandemic has been continuing to transform the growth of various markets, the immediate impact of the outbreak is varied. While a few industries registered a drop in demand, numerous other markets may continue to remain unscathed and show promising growth opportunities. In addition, supply disruption and medicine shortages of veterinary medicines had been observed in several countries, primarily due to the temporary lockdowns of manufacturing sites, export bans, and increased demand for medicine, for the treatment of COVID-19. Hence the studied market is anticipated to be impacted during the pandemic due to the reduced veterinary visits, along with the shortage of veterinary medicines, during the outbreak of COVID-19

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Zoonotic diseases are naturally transmitted from animals to humans, due to the consumption of contaminated food and water, and exposure to the pathogen during preparation, processing, or by direct contact with infected animals or humans. Zoonotic diseases are caused by microorganisms, like viruses, bacteria, parasites, and fungi. Microbes can cause different types of diseases in humans and animals, ranging from mild to serious infections, and can even lead to death. As per the International Livestock Research Institute (ILRI) study, in India 13 zoonoses are the cause of 2.4 billion cases of human disease and 2.2 million deaths per year. Among the developing countries, India has the highest zoonotic disease burden, with widespread illness and death. Hence, owing to these factors, the market is expected to grow in the forecast period.

Key Market Trends

Vaccine Segment is Expected to have Highest Growth Rate Over the Forecasted Period

India has been in lockdown and has suspended trade with other countries and implemented travel restrictions, which has affected the import and export activities of veterinary medicines and diagnostics, leading to a decline in sales of many products. Supply disruption and medicine shortages of veterinary medicines have been observed in several regions due to the temporary lockdowns of manufacturing sites, export bans, increased demands for medicine for the treatment of COVID-19, and stockpiling of medicines by individuals. However, the government has been taking up measures to mitigate the supply of medicines and veterinary practices during the COVID-19 pandemic. For instance, in March 2020, the Government of India stated that all states must ensure that medical help for animals is treated as an essential service, which does not get suspended during COVID-19 lockdowns across the country.

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The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

India Veterinary Healthcare Market
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Isoxaflutole Market Inclinations And Development Status Highlighted

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The isoxaflutole market is expected to develop at a CAGR of over 3% during the forecast period. The major factor driving the growth of the market studied is the increasing demand for food production. On the flip-side, the market is expected to face environmental regulations which are anticipated to hinder the growth of the market.

– Isoxaflutole is basically an herbicide that is used in the agro-chemical industry. It acts as a catalyst for the growth of the plants.
– North America is expected to be the largest market of isoxaflutole market due to the large-scale consumption in the region.

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Key Market Trends

Vegetables Segment Leads the Isoxaflutole Market

– Isoxaflutole is a herbicide that is used in the agro-chemical industry which acts as a growth catalyst for the plants. The active elements in the compound rapidly get utilized in the soil and start acting on the plants.

– In 2020, the total revenue from the vegetable segment globally is estimated to be USD 801.24 billion and is anticipated to grow annually at a CAGR of 3.2% from 2020 to 2025.
– For the year 2019/20, the total production of vegetable oils around the world amounted to 203.91 million metric tons.
– The total vegetable imports value of China is projected to be USD 767.81 million between January to May 2020.
– Therefore, the increased demand is predicted to drive the growth of the market studied during the period of forecast.

North America to be the Largest Isoxaflutole Market

– In 2019, the total market value of herbicides in the United States is projected at around USD 10.31 billion and is predicted to grow to a market size of around USD 12.7 billion by 2022.
– According to the US Department of Agriculture, the number of farms in the United States was around 2.03 million in 2019.
– The total value of the agricultural export of the United States was estimated to be USD 135.5 billion and is anticipated to reach a value of USD 136.5 billion in 2020.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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Mexico Caustic Soda Market Current Trends, Segmentation, Key Players, and Analysis

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The market for caustic soda in Mexico is expected to develop at a CAGR of over 2% during the forecast period. The major factor driving the growth of the market is the high demand for caustic soda in pulp & paper due to the increasing demand for paper and paperboard. Unfavorable conditions arising due to the sudden outbreak of COVID-19 is anticipated to foil the growth of the market during the forecast period.

– Caustic soda is used to manufacture products in industries like paper & pulp, soap & detergents, textiles, etc. and also in the synthesis of many organic and inorganic chemicals. Therefore, the product has a high demand and is expected to boost the market studied.

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Key Market Trends

High Demand from Pulp & Paper Application to Boost Caustic Soda Market in Mexico

– Caustic soda is used in the pulp and paper industry mostly for digesting wood to make wood pulp. It is also used as a bleaching agent for neutralizing bleached pulp and paper.

– Furthermore, it is used for the deinking of waste papers. Caustic soda is available in solid, flake, or powder form, while its water solution is mostly used by the pulp and paper industry.
– The paper production value in Mexico for the month of June 2019 is projected to be USD around 290 million, which is an increase of 1.5% compared with the figure enrolled around the same time of the last year.
– In Mexico, the gross production value of the book, newspaper, and magazine printing industry is estimated to add up to USD 19.5 million. The production of Magazine printing alone has a value of USD 1.8 million.
– All the aforementioned factors are expected to drive the Mexico Caustic Soda market during the forecast period.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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Africa Managed Services Market Report Analysis, Share, Revenue, Growth Rate

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Africa managed services market is expected to grow at 7.2% CAGR during the forecast period of 2020-2025. Managed services refer to a concept, wherein a third-party service provider manages an organization’s in-house day-to-day management functions. Managed services primarily involve the outsourcing services related to network infrastructure, security, mobility, and other functions, though the ownership rights stay with the end-user. The African market for managed services is expected to witness significant demand for managed mobility and network services. There has been a massive shift in focus towards managed services and their applications for both short and long-term strategic decisions.

– As managed services enable the companies to access enhanced applications and services, it primarily helps the companies target their core strategic areas, while outsourcing the rest of the operations to the service providers with the operational expertise in that domain.

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Key Market Trends

IT & Telecom Industry is Expected to Grow at a Significant Rate Over the Forecast Period

– Africa remains one of the fastest-growing mobile communication markets in the world. According to the Ericsson Mobility Report, by 2025, in Sub-Saharan Africa, mobile broadband subscriptions will reach around 70% of the mobile subscriptions, with increased 4G coverage and uptake being the main growth engine. Growth factors behind this shift include a young population and the availability of lower-priced smartphones.
– The region is plagued with the cybersecurity skills shortage, which causes hackers to target organizations, especially banks and telecoms. As stated by the State of Enterprise Security in South Africa 2019, 31% of businesses surveyed expected an attack with the year. Keeping this in mind, Falanx Group Ltd was selected by SolarWinds MSP in the recent past, to serve as a threat monitoring service provider for the delivery and support of SolarWinds Threat Monitoring Service.
– Telephone cost in the country is high due to the high price involved in acquiring poor telecommunication infrastructure. Thus, local companies, such as IT-Simplified, LeftClick, Sensys, and Innovative Solutions, are offering Voice over Internet Protocol (VoIP) as core managed service. In the latest instance, Bigen Group selected LanDynamix to implement a voice-over-Internet protocol (VoIP) solution for the company’s Bloemfontein office. This new installation is anticipated to reduce telephone costs by up to 50%.

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The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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Middle East Media and Entertainment Market By Key Players and Region

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The Middle East Media and Entertainment Market is expected to reach a CAGR of 13.5% during the forecast period 2020-2025. Growing trends around personalization and increased digitalization​, significant growth in online Gaming, OTT, and internet advertising are some of the major factors driving the growth of the market. The use of social media is growing across Saudi Arabia, a trend of interest to brands, agencies, and media companies alike for advertisements. According to GSMA, the region has 44% mobile social media penetration, which is double as compared to 5 years ago. Facebook now accounts for 187 million active monthly users in the region. The social network in Saudi Arabia has more than 10 million active users, akin to 38% of the population, and 8.3 million in Turkey (13%).

– The market also witnessed significant changes in the last couple of years. One of the biggest milestones was the opening of the Saudi Arabia cinema market. With the growing demand for leisure and entertainment across the region, the media and entertainment industry in the nation is likely to record considerable growth over the coming years.

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Key Market Trends

Video on Demand Segment is Expected to Witness Significant Growth

– Increased penetration of mobile devices and faster and cheaper internet connectivity, as well as a shift from traditional payment models to the subscription-based payment model, has increased the growth of video on demand across the region. Moreover, increased emphasis on enhanced customer experience is leading to the revamping of streaming platforms giving customers an overall control of what to watch, where, and how.
– For instance, in December 2019, Orbit Showtime Network has revamped its streaming platform named WAVO in the Middle East. The revamp has changed the linear TV viewing to non-linear, which has eliminated the need to follow a fixed schedule pre-planned by the TV network.
– According to Mideastmedia, as of 2019, the use of traditional media has declined in all surveyed countries. The percentage of nationals who watch TV fell most sharply in Qatar and Jordan from 2013 to 2019 (down 26 and 22 percentage points, respectively).
– With the rise of Video-on-demand and streaming services, the market for OTT players has become highly competitive. The penetration of these services is also less in this region as compared to other parts of the world and posses threat from foreign competitors such as Apple TV and Disney.

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The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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