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Frost & Sullivan: Government Focus on Waste Diversion from Landfills Sustains Solid Waste Management Market in Australia

6 pages
Frost & Sullivan: Government Focus onFrost & Sullivan: Government Focus on Waste Diversion from Landfills Sustains Solid Waste Management Market in Australia PR Newswire SYDNEY, March 26, 2014 -- Good opportunities for private waste management companies with expertise and efficiency in engineering both treatment facilities and landfill Government emphasis on waste diversion from landfills will strengthen the prospects of the solid waste management (SWM) market in Australia. With increasing waste volume and the government's long-term plan to achieve zero or near-zero waste, market participants are already seeing the lucrative benefits of SWM. However, growth will be tempered by the lukewarm demand for recovered materials and the inconsistent standards enforced across states and territories in the country. New analysis from Frost & Sullivan, Solid Waste Management Market in Australia, finds that the market earned revenues of $6.80 billion in 2013 and estimates this to reach $8.21 billion in 2018. The study covers waste collection, waste recovery, and waste disposal services. Although the SWM market in Australia is mature, it will continue to evolve in terms of waste collection efficiency and the uptake of resource recovery as the government implements a reduce, reuse, recycling, and recovery strategy.
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Frost & Sullivan: Government Focus on Waste Diversion from Landfills Sustains Solid Waste Management Market in Australia

PR Newswire

-- Good opportunities for private waste management companies with expertise and efficiency in engineering both treatment facilities and landfill

Government emphasis on waste diversion from landfills will strengthen the prospects of the solid waste management (SWM) market in Australia. With increasing waste volume and the government's long-term plan to achieve zero or near-zero waste, market participants are already seeing the lucrative benefits of SWM. However, growth will be tempered by the lukewarm demand for recovered materials and the inconsistent standards enforced across states and territories in the country.