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India Waste Management Market To Witness A New Dawn Of Opportunities

New Delhi: 28th November 2012: India is the second largest populous country in the world

, with a population base of more than 1.21 billion natives in 2011, accounting for nearly 17.2% of worlds population. More than 1.3 million people reside in 53 cities in India. Due to this large population capacity and insufficient knowledge and resources to treat its wastes produced year on year, the growth of waste volume has been phenomenal. Although there has been an immense growth in the volume of waste in India, the waste management market in the country is still at its nascent stage. In 2011, Indias waste management market recorded more than 70 million tons of waste which has grown at a CAGR of close to 10% during the period 2006-2011. The waste management market is broadly classified into municipal solid waste (MSW), industrial hazardous waste (IHW), E-waste and bio medical waste (BMW).

This enormous growth was due to the increasing purchasing power capacity at a CAGR of close to 16% for the period 2006-2011 enabling the people to buy more consumables. Indian population has been growing at a CAGR of 1.4% for the period 2006-2011, providing huge population base for the waste generation- According to the research analyst, Ken Research.

According to the research report India Waste Management and Recycling Market Outlook to 2016 - E-waste Poised to Achieve Considerable Growth by Ken Research, the India waste management market would witness huge growth opportunities for the current and upcoming waste management companies in terms of revenue due to increasing waste, tightening government waste disposal regulations with increased waste project support would show the market new dawn.

The report India Waste Management and Recycling Market Outlook to 2016 - E-waste Poised to Achieve Considerable Growth provides detailed overview on the waste management market in the India. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, waste management companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.


For more information on the industry research report please refer to the below mentioned link:

http://kenresearch.com/report.php?A=328&T=D&S=103

by: Ken Research
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