$4.8bn
$XXX.Xm
7,220
808
$XXX.Xm
The Waste Treatment and Disposal Services industry's performance has grown at a solid pace in recent years, benefiting from steady growth in household waste generation. Despite the pandemic disrupting operations, manufacturing and food-service activity has increased, bolstering demand for waste treatment and disposal services. However, demand from the construction sector has declined. Furthermore, more recyclable and recoverable waste materials have been diverted to firms outside the industry, restricting revenue. This trend has partly been due to government regulations encouraging recycling and raising landfill disposal costs. However, industry firms have continued to treat and dispose of a large proportion of waste generated by households and businesses, which has supported revenue.
Industry revenue has grown at a CAGR of 3.2 % over the past five years, to reach an estimated $4.8bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Cleanaway Waste Management | 978.0 | |
Veolia Environmental Services | 689.3 | |
J.J. Richards & Sons | 264.5 |
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Industry revenue is measured across several distinct product and services lines, including Treatment and disposal of lightweight materials, Treatment and disposal of liquids and Treatment and disposal of organics. Treatment and disposal of lightweight materials is the largest segment of the Waste Treatment and Disposal Services in Australia.
Growing recycling rates have weighed on revenue from treating and disposing of lightweight materials
Industry firms primarily treat or dispose of solid, liquid and other waste types, including hazardous waste. The industry also includes businesses that mainly operate landfills, combustors, incinerators, compost dumps and other treatment facilities (except sewage treatment facilities), including waste transfer stations.
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ANZSIC 2921 - Waste Treatment and Disposal Services in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Market consolidation and acquisition activity is increasing. Major players like Cleanaway and Veolia Australia have acquired smaller companies to expand their market share, l...
Learn about an industry's products and services, markets and trends in international trade.
Waste treatment and disposal fees vary depending on weight, recyclability and any relevant levies. Hazardous material treatment and disposal services impose relatively high p...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The larger the size of local councils, the more likely it is that waste treatment and disposal services are contracted out to private operators. This is particularly the case...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Internal competition in the industry is low due to waste treatment and disposal services’ specialised nature, the need for economies of scale and geographic limitations. Wast...
Learn about the performance of the top companies in the industry.
The industry’s two largest players, Cleanaway and Veolia, have expanded their market shares in recent years. Strong merger and acquisition activity by both companies has driv...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Waste Treatment and Disposal Services industry has a moderate level of regulation, and regulations are becoming increasingly stringent. The industry is regulated at natio...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Many large and mid-size firms have comparable cost structures. However, smaller firms usually lack the capital required to invest in large-scale automated waste treatment equ...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Waste Treatment and Disposal Services industry in Australia is $4.8bn in 2024.
There are 808 businesses in the Waste Treatment and Disposal Services industry in Australia, which has grown at a CAGR of 0.8 % between 2018 and 2023.
The market size of the Waste Treatment and Disposal Services industry in Australia has been growing at a CAGR of 3.2 % between 2018 and 2023.
Over the next five years, the Waste Treatment and Disposal Services industry in Australia is expected to grow.
The biggest companies operating in the Waste Treatment and Disposal Services market in Australia are Cleanaway Waste Management, Veolia Environmental Services and J.J. Richards & Sons
Treatment and disposal of lightweight materials and Treatment and disposal of liquids are part of the Waste Treatment and Disposal Services industry.
The company holding the most market share in Australia is Cleanaway Waste Management.
The level of competition is low and increasing in the Waste Treatment and Disposal Services industry in Australia.