It doesn’t matter that we are amid a pandemic that is unlikely to dissipate any time soon, we cannot stop producing waste. The waste management industry is, thus, in a good shape, witnessing a relative shift of waste production from industry and commercial centers to medical centers and residential areas.
The coronavirus pandemic has strongly necessitated the proper disposal of trash. Hence, waste management companies are at an advantage as there has been a substantial increase in residential waste with the rise in the work-from-home trend and travel restrictions. Medical waste, too, has increased due to the rising usage of masks, gloves, suits and syringes.
Increasing population and urbanization are key drivers of the industry, as these prompt a significant rise in garbage and recycling. Also, decline in places to store or dump garbage, with the landfills being filled and closed, is considerably fueling the need to manage waste. Environmental