Key Takeaways
- The U.S. waste hauling industry revenue reached $51.4 billion in 2023, driven by a 3.8% CAGR from 2018-2023 due to population growth and urbanization.
- Global waste management market was valued at $1.2 trillion in 2022, with hauling segment accounting for 28% or $336 billion.
- North American waste hauling services grew by 4.1% in 2023 to $62.7 billion, fueled by commercial construction waste increases.
- Waste Management Inc. reported $20.4 billion revenue in 2023, 9% YoY growth with hauling core at 55%.
- Republic Services Inc. hauling revenue $13.2 billion in 2023, EBITDA margin 28.4%.
- Waste Connections Inc. generated $7.8 billion in solid waste hauling 2023, up 15%.
- U.S. generated 292.4 million tons of municipal solid waste (MSW) in 2018, with hauling volume at 146 million tons collected.
- Daily U.S. MSW generation per capita 4.9 pounds in 2022, equating to 80 million tons hauled annually.
- Commercial waste volume in U.S. 70 million tons/year 2023, 52% of total hauled MSW.
- U.S. MSW recycling rate reached 32.5% in 2023, diverting 95 million tons from landfills via hauling.
- U.S. composting rate for MSW 23.5% in 2022, 35 million tons hauled to facilities.
- Paper recycling rate 66% U.S. 2022, 32 million tons collected by haulers.
- U.S. waste haulers employed 144,000 workers in 2023, up 2.1%.
- Average wage for refuse collectors $45,760/year U.S. 2023.
- Driver shortage affected 35% U.S. hauling firms 2023.
The waste hauling industry is a multi-billion dollar global market experiencing steady growth.
Company Performance
Company Performance Interpretation
Market Size & Growth
Market Size & Growth Interpretation
Recycling & Sustainability
Recycling & Sustainability Interpretation
Waste Volume & Types
Waste Volume & Types Interpretation
Workforce & Regulations
Workforce & Regulations Interpretation
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