Market Response








Strategic Insights: Analyzing the Waste Management Industry and Facility Management Market Trends up to 2030

As we embark on this extensive market study, our primary objective was to delve deep into the current state and future projections of the waste management industry until 2030. This initiative is closely aligned with our client’s (DFPL: Devesh Foods and Agro Products Pvt Ltd.) commitment to gaining insightful knowledge and industry expertise. In addition to the waste management sector, we also ventured into a comprehensive evaluation of the facility management market. Our assessment spans across a diverse array of sectors, including infrastructure, healthcare, education, retail, BFSI, IT & telecommunication, and various other essential industrial segments. We believe that providing a detailed analysis of these markets will empower our client with the strategic foresight needed to navigate and excel in these industries.

Our aim is to deliver comprehensive insights that will aid our client's decision-making process and support their long-term goals in the waste management and facility management sectors, ensuring a successful and informed business journey.


What was the study about?

Comprehensive Industry Analysis: Waste Management and Facility Management - Unveiling Current Realities and Future Horizons

The client's vision encompasses a comprehensive exploration of the waste management industry, including an in-depth analysis of its current status and a forward-looking perspective extending up to the year 2030. Furthermore, an integral component of this study involves a meticulous examination of the facility management market, spanning across a wide spectrum of sectors such as infrastructure, healthcare, education, retail, BFSI, IT & telecommunication, and any other industrial segments that may come into play.

In alignment with our client's strategic goals, this holistic undertaking seeks to unearth profound insights and foster a profound understanding of both the waste management and facility management landscapes. By shedding light on industry dynamics, trends, and potential opportunities, we aim to equip our client with the knowledge and strategic foresight necessary for making informed decisions and achieving enduring success in these sectors.


Focus areas of the study

Exploring Waste Management and Facility Solutions for Tomorrow's Sustainable World

1. In this study, our focus extends to a comprehensive examination of various waste streams. Each stream involves a meticulous analysis of relevant legislation, encompassing both international and domestic aspects, as well as an exhaustive assessment of market size, stakeholder dynamics, key performance indicators (KPIs), growth drivers, and a thorough competitor analysis. The waste streams under scrutiny are:

• Municipal Solid Waste

• Biomedical Waste

• Industrial Waste (Hazardous and Non-Hazardous)

• Plastic Waste

• E-Waste

• Other waste streams, including Construction Waste, among others

2. Additionally, the client's specific interest lies in a targeted market research study aimed at evaluating the business case for facility management across various segments. This study encompasses:

• Roads (National and State Highways)

• Airports

• Shipping and Inland Waterways Ports

• Railway Stations

• Metro Rail Stations

• EV Charging Stations

• Educational Institutes

• Medical Institutes and HospitalsFood Parks

• Real Estate Developments, including Shopping Complexes, Malls, Amusement Parks, Commercial and Industrial Parks, Logistic Parks, and Housing Societies

• Smart Cities

• Retail Establishments


Eninrac’s scope of work

To cater to the client’s requirements, the study was broadly classified into 12 objectives

The scope was categorized into 12 distinct objectives, with six dedicated to each of the Waste Management and Facility Management markets –

Waste Management Market:

Objective 1: To understand the holistic waste management market in India , examining the current business case and analyzing the past five-year developments for all the waste streams –municipal solid waste, bio medical waste, industrial waste (hazardous and non-hazardous), plastic & e-waste and other construction waste etc.

Objective 2: Market sizing and evolution of the future market with growth drivers factored for all the waste streams till 2030–municipal solid waste, bio medical waste, industrial waste (hazardous and non-hazardous), plastic & e-waste and other construction waste etc.

Objective 3: A deep dive on assessing the future business case in all the distinctive regions and for all the respective states. Identifying the waste stream wise opportunity clusters in the country till 2030.

Objective 4: Identifying the major competitors in the waste management industry for all distinctive waste streams and their service capability benchmarking and competition landscaping.

Objective 5: Determination and filtration of key performance indicators with major drivers of growth.

Objective 6: Identifying the policy and regulatory landscape for waste management in India for all the waste streams at both central and state level. Evaluating the initiatives taken by government w.r.t providing business opportunities to the associated value chain players in the segment.


Facility Management Market:

Objective 1: To understand the holistic facility management market in India , examining the current business case and analyzing the past five-year developments for all across the infrastructure and other industrial segment – roads, airports, shipping and inland waterways ports, railway stations, metro rail stations, food parks, EV charging infra stations, educational institutes, medical colleges & hospitals, logistic parks, commercial & industry parks, shopping complexes, malls and amusement parks, housing societies, smart cities and retail etc.

Objective 2: Market sizing and evolution of the future market with growth drivers factored for all the above highlighted industries. Assessment of business potential for facility management w.r.t the indicated industrial segments till 2030.

Objective 3: A deep dive on assessing the future business case in all the distinctive regions and for all the respective states w.r.t the above indicated industrial segments. Also, identifying business opportunity for the facility management players till 2030.

Objective 4: Identifying the major competitors in the facility management industry for all indicated industrial segment and their service capability benchmarking and competition landscaping.

Objective 5: Determination and filtration of key performance indicators with major drivers of growth.

Objective 6: Identifying the policy and regulatory landscape for facility management in India for all the indicated industrial segment at both central and state level. Evaluating the initiatives taken by government w.r.t providing business opportunities to the associated value chain players in the segment.


Eninrac’s Approach to the Study

Approach to Study – Waste Management Market in India

• To develop a holistic understanding of waste management market in India, current trends and business case potential: We fragmented each waste stream and their associated value chain to conduct an in-depth study of the applicable rules, laws, policies, and regulations at both central and state levels, covering all the regions, including North, South, East, and West.

• Understanding the regulatory and policy aspects: We engaged in interactions with government bodies at concurrent levels to understand the regulatory and policy environment. We also covered international benchmarks and benchmarked legislations applicable in top countries for effective waste management of larger volumes. Countries that were likely to be part of this (indicative) included Australia, Japan, China, and Singapore. We conducted a detailed desktop review, analyst presentations, and received input from domain specialists. Additionally, we had face-to-face interactions with government representatives, ULB representatives, and industry bodies, using structured questionnaires.

• Market sizing and evolution of the future market with growth drivers factored for all the waste streams till 2030: To determine the market size for all the streams, we segregated key production centers across the country by region. We identified the key production zones/clusters for industrial wastes according to various regions, considering the volume of both hazardous and non-hazardous waste production based on industry categories. Dedicated teams of analysts and domain specialist consultants conducted extensive primary research, complemented by a comprehensive desktop review of documents published by government agencies and ULBs. Our interactions encompassed all categories of representatives in the value chain, spanning from the waste-generating sources to the collection and management bodies, government representatives, and key operators/vendors supporting the operations. The future market size was determined through a factor-based approach, assigning more weight to key factors likely to affect the market size, including, but not limited to, industrial clusters, economic growth, urbanization rate, improved manufacturing services, and applicable technologies.

• Competition Landscape: We listed all the key players across each waste production stream at the regional level, considering both structured and unstructured operations. These players were studied with regard to the size and scale of their operations, the volume of waste they managed, the technology they employed, their investments, task force, cross-stream capabilities, and their adaptability to changing rules, laws, and bylaws. We conducted a competition analysis by establishing benchmarks and generating scores for competitors operating in their respective waste streams. Ultimately, a ranking matrix was prepared by domain specialists and cross-validated by our Knowledge Grid (https://eninrac.com/knowledge-grid) experts.

• Developing a project tracker of all the waste management projects: Listing of all the waste management/treatment projects for all the streams across varied municipal and industrial segments through intense primary & secondary research.


Approach to Study – Facility Management Market in India

• To develop a holistic understanding of facility management market in India, current trends and business case potential: Initially, we sought to gain a comprehensive understanding of the development trajectory within the infrastructure and construction sectors. Subsequently, we assessed the business case for facility management. We segmented each industrial segment and its associated value chain to conduct an in-depth study of the applicable rules, laws, policies, and regulations at both central and state levels, covering all regions, including North, South, East, and West.

• Understanding the regulatory and policy aspects: We interacted with government bodies at concurrent levels to gain an understanding of the regulatory and policy landscape. We also explored international benchmarks and the legislations benchmarked against top countries for facility management. The process involved a detailed desktop review, analyst presentations, input from domain specialists, and face-to-face interactions with government representatives, ULB representatives, and industry bodies, facilitated through structured questionnaires.

• Market sizing and evolution of the future market with growth drivers factored for all the industrial segment till 2030: To determine the market size for facility management across all the highlighted industrial segments, we conducted a region and state-wise analysis of opportunities. We also identified dedicated opportunity zones for tracking the business case in facility management for our client across various industrial segments. This involved dedicated teams of analysts and domain specialist consultants conducting extensive primary research alongside a comprehensive desktop review of documents published by government agencies and companies. The interactions included all categories of representatives in the value chain, ranging from facility management bodies to government representatives, followed by key operators and vendors supporting the operations. The future market size was determined using a factor-based approach, giving more weight to key factors likely to affect the market size, including but not limited to industrial clusters, economic growth, infrastructure development, government initiatives for the infrastructure sector, urbanization rates, improved manufacturing services, and applicable technologies.

Competition Landscape: We listed all the key players across facility management at the regional level, considering both structured and unstructured operations (if any). These players were studied with regard to the size and scale of their operations, they managed, the technology they employed, their investments, task force, and cross-stream capabilities. We conducted a competition analysis by establishing benchmarks and generating scores for competitors operating in their respective operation size. Ultimately, a ranking matrix was prepared by domain specialists and cross-validated by our Knowledge Grid (https://eninrac.com/knowledge-grid) experts.

Developing a project tracker of all the infrastructure and construction projects: Listing of all the infrastructure and construction projects for all the indicated sectors were done through intense primary & secondary research.

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