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Pneumatic Waste Collection Service Market

Global Market for Pneumatic Waste Collection Service: Increasing Government Initiatives and Increasing Demand for Smart City Solutions to Swell Revenue in Forthcoming Years

Global Pneumatic Waste Collection Service Market by End Use (Hospitals, Hotels/Restaurants, Airports, Educational Institutes, Stadium)

Pneumatic Waste Collection Service Market Snapshot

Newly released Pneumatic Waste Collection Service Market analysis report by Persistence Market Research reveals that global sales of Pneumatic Waste Collection Service in 2022 were held at US$ 300 Million. With an 8.3% projected CAGR from 2023 to 2033, the market is expected to reach a valuation of US$ 706 Million by the end of the forecast period. Pneumatic Waste Collection Service’s end use in hospitals is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 4.6% from 2023 to 2033.

Attributes Details

Global Pneumatic Waste Collection Service Market Size (2023)

US$ 318.2 Million

Global Pneumatic Waste Collection Service Market Size (2033)

US$ 706 Million

Global Pneumatic Waste Collection Service Market CAGR (2023-2033)

8.3%

U.S Pneumatic Waste Collection Service Market CAGR (2023 – 2033)

5.1%

Key Companies Covered

  • STREAM Environment
  • Envac
  • MariCap Oy
  • Logiwaste AB
  • Marimatic
  • Green Wave
  • Aerbin Aps
  • AMCS Group
  • AWC Berhad
  • Caverion Corporation
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Revenue of Pneumatic Waste Collection Service Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033

As per the pneumatic waste collection service market research by Persistence Market Research - a market research and competitive intelligence provider, historically, from 2018 to 2022, the value of the Pneumatic Waste Collection Service Market increased at around 3.6% CAGR. With an absolute dollar opportunity of US$ 366.8 Million, the market is projected to reach a US$ 706 Million valuation by 2033.

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What factors are influencing the pneumatic waste collection service market expansion?

Key factors that are driving the market are the increasing demand for smart city solutions, government initiatives and regulations to promote sustainable development, and the need to effectively manage waste in urban areas.

According to the United Nations Sustainable development goals, 6.5 million people will reside in smart cities in 2050, 30 years from now. As more and more cities around the world are striving to become “smart cities”, there is an increasing demand for innovative solutions to address urban challenges such as waste management.

Pneumatic waste collection systems are one such solution that is gaining traction in the industry. The increasing demand for smart city solutions is driving the pneumatic waste collection system market as it offers an eco-friendly and efficient waste management solution that can be integrated with other smart city technologies to optimize waste collection and reduce costs while improving the quality of life for city residents.

To promote the adoption of pneumatic waste collection systems, governments around the world have initiated various regulations and policies. Many governments have introduced strict environmental regulations to encourage sustainable waste management practices.

Pneumatic waste collection systems are seen as an eco-friendly solution as they reduce greenhouse gas emissions associated with traditional waste collection methods. For example, in Singapore, the government has implemented regulations such as the Zero Waste Masterplan, which sets targets for reducing waste and increasing recycling rates. The adoption of pneumatic waste collection systems aligns with these goals, and the government has provided incentives and subsidies to encourage their implementation.

By 2050, global municipal solid waste generation is expected to have increased by around 70%, which is 3.4 billion metric tons. Authorities must now offer suitable trash treatment and disposal services due to the enormous amounts of garbage that are generated. However, less than 20% of garbage gets recycled annually, and a significant amount is still dumped in landfills.

As cities and municipalities around the world aim to reduce the amount of waste sent to landfills, they are turning to alternative waste management solutions, such as pneumatic waste collection systems. Pneumatic waste collection systems are well suited for this purpose, as they can handle a variety of waste types, including organic waste, recyclables, and general waste.

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Which Region is projected to offer Significant Revenue through Pneumatic Waste Collection Service?

Europe had a market size of US$ 110.1 Million in 2022 and it is projected that Europe will have a market for Pneumatic Waste Collection Services worth US$ 173.5 Million by 2033.

The European Union has set waste management targets under its Circular Economy Action Plan, which aims to promote sustainable waste management practices. Pneumatic waste collection systems are considered a part of the circular economy concept as they enable efficient waste separation, recycling, and resource recovery. Governments across Europe have implemented policies and strategies that support the adoption of pneumatic waste collection systems as a sustainable waste management solution. This is the leading cause of Europe being among the prominent region for the market.

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Country-wise Analysis:

United States Pneumatic Waste Collection Service Market Analysis:

The market in the United States is expected to grow to be worth US$ 65.5 Million with an absolute dollar growth of US$ 29.5 Million from 2023 to 2033. Pneumatic waste collection service demand in the United States has grown at a CAGR of 3.6% from 2018 to 2022 and is expected to grow at a CAGR of 5.8% from 2023 to 2033.

Several factors contribute to the increasing adoption of pneumatic waste collection services in the United States. Firstly, urbanization and population growth lead to higher waste generation rates, creating a need for more efficient waste management solutions. The urban population in the United States reached 274 Million in 2021; this is an increase of 0.7% compared to the previous year. Pneumatic waste collection systems address this challenge by providing a scalable and cost-effective approach.

United Kingdom Pneumatic Waste Collection Service Market Analysis:

The market in the United Kingdom is expected to grow to be worth US$ 25 Million by 2033, with an absolute dollar growth of US$ 7.4 Million from 2023 to 2033. The pneumatic waste collection service revenues in the United Kingdom has grown at a CAGR of 2.1% from 2018 to 2022 and is expected to grow at a CAGR of 3.4% from 2023 to 2033.

The market in the country has experienced steady growth due to several factors. The increasing population density in urban areas, the need for more sustainable waste management solutions, and the emphasis on reducing carbon emissions have all contributed to the adoption of pneumatic waste collection systems.

The market is expected to continue growing in the coming years as more local authorities and developers recognize the benefits of this technology. In addition, several large corporations in this industry including Envac, Stream Environment, and Greenwave operates actively in the U.K., which makes it a favorable market in coming years.

Finland Pneumatic Waste Collection Service Market Analysis:

The market in Finland is expected to grow to be worth US$ 34.7 Million with an absolute dollar growth of US$ 8.9 Million from 2023 to 2033. The market in the United Kingdom has grown at a CAGR of 2.2% from 2018 to 2022 and is expected to grow at a CAGR of 2.5% from 2023 to 2033.

According to Statistics Finland, in 2020 nearly 600 kg/ inhabitant of waste was generated. The government of Finland is strongly focusing on implementing advanced waste management methods to effectively dispose of waste with minimum carbon emission. In line with this objective, it is promoting the installation of pneumatic waste collection systems.

The market in Finland has witnessed significant growth in recent years. Finland's strong focus on environmental sustainability, along with its advanced waste management infrastructure, has contributed to the adoption of pneumatic waste collection systems. The market is expected to continue expanding as more municipalities and real estate developers recognize the benefits of this technology.

China Pneumatic Waste Collection Service Analysis:

China’s market is expected to grow to be worth US$ 32.2 Million with an absolute dollar growth of US$ 9.5 Million from 2023 to 2033. The Pneumatic Waste Collection Service in China has grown at a CAGR of 0.7% from 2018 to 2022 and is expected to grow at a CAGR of 3.4% from 2023 to 2033.

China is among the leading nations in the race of developing smart cities through digital and infrastructural advancement. More than 900 pilot smart city projects were in progress as of 2020 and the number is continuously increasing with the growing urban population.

To achieve the aim of developing such smart cities, governments and companies are implementing advanced technologies in the various aspects of urban life and waste management is one of them. Pneumatic waste collection system has proven to be among the leading smart waste management technologies that effectively complements other smart city features. For example, various smart city projects in Shanghai, Beijing, Shenzhen, and Guangzhou have made significant investments in this technology to enhance waste management efficiency and promote environmental sustainability.

Category-wise Insights

Which End Use sector of Pneumatic Waste Collection Services is projected to Witness the Fastest Growth?

Pneumatic waste collection service demand in hospitals is projected to witness the fastest growth as it has grown at a CAGR of 1.9% from 2018 to 2022 and is expected to grow at a CAGR of 4.6% from 2023 to 2033.

Hospitals produce a substantial amount of medical waste, including infectious waste, sharps, pharmaceutical waste, and other hazardous materials. Pneumatic waste collection systems streamline the collection and disposal process for these types of waste, ensuring compliance with regulations and reducing the risk of contamination. For example, Hainan cancer hospital in Haikou has installed a pneumatic waste collection system to increase the hospital’s productivity and enhance hygiene levels.

Which industry is expected to be the most lucrative for Pneumatic Waste Collection Services?

The demand for pneumatic waste collection services through the residential segment is projected to witness the significant growth as it has grown at a CAGR of 2.3% from 2018 to 2022 and is expected to grow at a CAGR of 5.3% from 2023 to 2033.

There is a high demand for pneumatic waste collection systems from the upcoming smart city residential projects as this technology highly complements other smart city solutions. For instance, a Lake City project named “Yantai Hammar by Eco City” in Stockholm is an 880,000 square meters model. This model is fully integrated with a pneumatic waste collection system in order to meet its aim of urban sustainable development.

Competitive Analysis:

Key players in the market are STREAM Environment, Envac, MariCap Oy, Logiwaste AB, Marimatic, Green Wave, Aerbin Aps, AMCS Group, AWC Berhad, and Caverion Corporation.

Some of the recent developments in the Pneumatic Waste Collection Service Market are:

  • In March 2023, Ecosir Group announced that it will provide waste and laundry logistics to Abo University psychiatric hospitals, Turku. Their new automatic logistics system is enabled with technology to fight viruses and bacteria.
  • In January 2023, Envac announced the launch of its automated waste collection operations in North America. It aims to assist hospitals, residential communities, cities and other areas of North America in waste collection. This step is to establish itself in U.S. and Canadian markets.
  • In November 2022, Ecosir Group signed a contract with the University hospital in Beijing to provide the latest vacuum system logistics in collaboration with their long-term partner Telelift China.
  • In September 2022, Ecosir Group announce that it will provide laundry and logistics for Norway’s new Stavanger University Hospital.
  • In January 2022, Evac, a Swedish firm acquired Precision AirConvey (PAC). This acquisition will extend Envac’s reach into new markets and also uphold the firm as the largest pneumatic waste collection system firm to serve the U.S. The decision is also in line with Envac’s ambition of organic growth.

Segmentation of the Global Pneumatic Waste Collection Service Market:

By End Use

  • Hospitals
  • Hostels/ Restaurants
  • Airports
  • Educational institutes
  • Stadium

By Industry

  • Commercial
  • Residential
  • Industrial

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & ASEAN
  • Middle East and Africa
  • Oceania

- Companies Covered in This Report -

  • Envac
  • Marimatic Oy
  • Logiwaste
  • Caverion Corporation
  • Ecosir Group
  • Meiko
  • Aerbin Aps
  • Green Wave
  • AWC Berhad
  • Air-Log
  • Ros Roca
  • Stream Environment

- Frequently Asked Questions -

The market is estimated to be valued at US$ 300 Million in 2022.

The market is estimated to be valued at US$ 318.2 Million in 2023.

The market is expected to reach a valuation of US$ 706 Million in 2033.

The global absolute market growth of pneumatic waste collection service from 2023 to 2033 is US$ 366.8 Million.

The market registered a CAGR of 3.6% over the last 4 years.

The market is projected to witness a CAGR of 8.3% from 2023 to 2033.

Hospitals are expected to garner a significant value share by 2023.

Residential sector is expected to garner a significant value share by 2023.

The United States is projected to witness a market size of US$ 65.5 Million and is expected to grow at a 5.8% CAGR from 2023 to 2033.

STREAM Environment, Envac, MariCap Oy, Logiwaste AB, Marimatic, Green Wave, Aerbin Aps, AMCS Group, AWC Berhad, and Caverion Corporation.

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