The amount of waste generated in the world amounted to billions (metric tons) in quantity at the end of 2020. With the growing pressure of the human population, it is set to escalate further. In the developed nation, waste management is a profit-making market vertical. Innovative methodologies and techniques are helping make waste management seem an opportunity to bank upon. The sector is steadily progressing at a CAGR of 5.5% annually. Meanwhile, the global waste management market is set to reach USD 2.3 trillion in the upcoming five to six years.