Market Size for Waste collection services in 2026 [Example]

The Total Available Market (TAM) for waste collection services globally includes all individuals and businesses requiring waste disposal. This encompasses households, offices, schools, and industries around the world. With an estimated global population of about 8 billion, and considering that roughly 12.5% of people utilize such services, we arrive at a target audience of approximately 1 billion people. Each person might contribute to a spending of $200 a year for waste collection, leading to a TAM of about $200 billion annually.

For the Serviceable Addressable Market (SAM), we narrow our focus on urban areas in developed countries where waste collection services are organized and essential. Let's assume that 20% of the TAM fits within this criteria, leading to approximately 200 million potential customers. If each contributes around $50 a year on average due to more efficient waste management solutions available in these areas, the SAM amounts to about $10 billion.

The Serviceable Obtainable Market (SOM) represents what can realistically be captured in the first year. With the goal of acquiring 0.5% of the SAM, we target about 1 million customers. If we assume their average spending remains around $50, this yields a SOM of about $50 million. Given the competitive landscape and the challenges of establishing a new waste collection service, this is a realistic target for a first-year capture.