Occupational hazards: Lower waste volume growth is anticipated to slow the industry's expansion

The Hazardous Waste Hauling industry has grown steadily over the past five years due to rising waste volumes from the medical, construction, and hospitality sectors. Demand for hazardous waste hauling services is typically fairly consistent, due to the health risks associated with handling this type of waste and the damage that it can cause to the environment. Although demand from manufacturing firms has remained substantial over the past five years, this market has fallen as a proportion of industry revenue over the period due to declines across the division...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
3.0%
Forecast Growth 19-24
Profit
Employment
3,860
Businesses
420

Industry Threats & Opportunities

  • Hazardous waste volumes have increased over the past five years, supporting industry growth
  • Profit margins have fallen due to higher operational costs over the past five years
  • Chemical product manufacturers are projected to be a key driver of future industry growth
  • Industry Report - Industry Key Buyers Chapter

    Industry concentration is low, with the industry dominated by numerous small operators. The four largest firms are projected to account for around 29% of industry revenue in 2018-19, with the eight largest firms expected to make up approximately 33%. Industry concentration has increased over the past five years, with the merger of Cleanaway and Tox Free in May 2018, and as several of the largest players have increased their market share through organic growth and acquisitions.Industry concentration is expected to continue to increase over the next five years as the larger companies look to increase their market share and acquire smaller companies. Thi...purchase to read more.

    Additional Insights for the Hazardous Waste Hauling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hazardous Waste Hauling Industry are

  • Access to required utility infrastructure
  • Must comply with government regulations
  • Ability to accommodate environmental requirements
  • IBISWorld analysts also discuss how external factors such as Demand from health care and social assistance and Demand from manufacturing in the Hazardous Waste Hauling industry impact industry performance..

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    What's in this report

    What is the Hazardous Waste Hauling Industry?

    The industry collects and transports hazardous waste. Waste is classified as hazardous if it poses a substantial threat to public health or the environment. Four factors determine whether a substance is considered hazardous: ignitability, reactivity, corrosivity and toxicity. The industry excludes councils or municipalities that provide hazardous waste services to residents.

    Industry Products
  • Asbestos hauling
  • Contaminated soil hauling
  • Medical waste hauling
  • Other solid waste hauling
  • Solvent hauling
  • Acid and caustic waste hauling
  • Oil and chemical hauling
  • Other liquid waste hauling
  • Industry Activities
  • Solid hazardous waste collection and transportation
  • Liquid hazardous waste collection and transportation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from health care and social assistance
  • Demand from manufacturing
  • Demand from construction
  • Demand from basic chemical and chemical product manufacturing
  • Demand from cafes, restaurants and takeaway food services

  • Current Performance
  • Revenue and hazardous waste volumes
  • Costs and profit
  • Structure and employment
  • Other industry trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profit growth
  • Industry trends
  • Table: Hazardous Waste Hauling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hazardous Waste Hauling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Fertiliser Manufacturing
  • Copper, Silver, Lead and Zinc Smelting and Refining
  • Motor Vehicle Engine and Parts Repair and Maintenance
  • Health Services
  • Fast Food and Takeaway Food Services
  • Paint and Coatings Manufacturing

  • Key Selling Industries
  • Commercial Vehicle Wholesaling
  • Conveyor and Crane Manufacturing
  • Pump and Compressor Manufacturing
  • Waste Treatment and Disposal Services

  • Products & Services
  • Medical waste hauling
  • Asbestos hauling
  • Oil and chemical hauling
  • Contaminated soil hauling
  • Acid and caustic waste hauling
  • Solvent hauling
  • Other solid waste hauling
  • Other liquid waste hauling
  • Chart: Hazardous Waste Hauling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Hospitals and other medical facilities
  • Manufacturing industries
  • Construction industries
  • Hospitality industries
  • Households
  • Automotive service industries
  • Other industries and sectors
  • Chart: Major Market Segmentation for the Hazardous Waste Hauling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Hazardous Waste Hauling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hazardous Waste Hauling Industry

  • Industry Globalization
    Cleanaway Waste Management Limited, Veolia Environmental Services (Australia) Pty Ltd, Suez Recycling & Recovery Holdings Pty Limited,
  • Table: Cleanaway Waste Management Limited - financial performance
  • Table: Veolia Environmental Services (Australia) Pty Ltd - financial performance
  • Table: Suez Recycling & Recovery Holdings Pty Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Hazardous Waste Hauling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Hazardous Waste Hauling Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Hazardous Waste Volumes (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Abatement Services
  • Reducing the volume or impact of toxic substances in the environment, such as lead paint, asbestos and other toxic materials.
  • Friable Asbestos
  • Unbonded asbestos that easily turns to dust, which is usually used as insulation.
  • Hazardous Waste
  • Waste that can cause significant harm to human health or the environment when improperly managed due to its toxic and dangerous characteristics.
  • Medical Waste
  • Includes instruments or tools used in medical procedures, human tissue, bones, organs, body parts, body fluids, blood, laboratory samples, and other discarded medical products.
  • Non-Friable Asbestos
  • Bonded asbestos that is mixed with other materials, such as cement.
  • What Our Customers Say

    Why buy this report?

    The Hazardous Waste Hauling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hazardous Waste Hauling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hazardous Waste Hauling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hazardous Waste Hauling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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