The report titled “India Waste Management and Recycling Market Outlook to 2016 - E-waste Poised to Achieve Considerable Growth” provides a comprehensive analysis on the waste industry in terms of the various qualitative and quantitative factors that are influencing the market. The report outlines the various facets such as market size, segmentation and trends and development of the Waste management market in India with a special focus on the segments such as Municipal solid waste (MSW), Industrial hazardous waste (IHW), E-waste and Bio medical waste (BMW) segments in India. The report also provides an in depth analysis of the competition between major players in the market. The report also covers future outlook and projections for the different segments as well as the overall India Waste management market on the basis of several industry factors that will shape the growth of this market in next five years.
The waste management market in India is one of the rapidly emerging markets in the globe. The market has showcased an immense potential while registering a CAGR of ~% for the period 2006-2011. In 2006, the overall waste volume in India was recorded at ~ million tons which rose up to ~ million tons in the year 2011. The waste volume declined during the global recessionary period in 2008, showcasing a restricted growth of ~% as compared to ~% growth in the year 2007.
In 2006, MSW volumes were witnessed at ~ million tons which later increased to ~ million tons in 2011 at a CAGR of ~% per annum. The MSW volumes witnessed a slowdown during the global economic turmoil of 2007 and 2008 which was quite evident from the negligible growth of ~% in 2008 over its previous year. This was due to the subdued income levels of the people in India during 2008, which finally resulted into restricted purchasing behavior. The urban population comprises almost more than ~% of the population of India which as a whole generated close to ~ kg/day of MSW in 2011, whereas this figure stood at around ~kg/day per person in 2006. There was a rise of ~ kg/day per person in the daily MSW generation during the period 2006-2011 which has clearly showcased the growth of ~% from its 2006 base year figures.
The recyclable segment in 2011 contributed approximately ~% or ~ million tons of IHW in the year 2011. The recyclable contribution has increased from ~% in 2008 to ~% in 2011 has showcased increase in recyclable IHW.
In 2006, e-waste volumes were registered at around ~ tons which increased to ~ million tons in 2011 registering a double digit CAGR of ~%. The e-waste market segment is anticipated to reach to ~ million tons in 2012 and further to ~ million tons in 2016, at a CAGR of ~%. The growth would be in correlation to the increasing sales of electronic goods and the increasing formal recycling players in the nation.
Overall, the biomedical waste market is expected to grow at a CAGR of ~% from 2011 to 2016. Increase in the biomedical waste market by volume would be substantially visible as the figures are anticipated to reach to ~ tons by 2016 end.
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