Multi-billion Dollar Waste Management Industry Continues to Evolve With a Rise in Technological Innovation

PALM BEACH, Florida, January 19, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary 

In a recent report published by Dun & Bradstreet - First Research - the global waste and recycling industry collects more than 11 billion tons of solid waste and generates about $410 billion in revenue each year, according to the United Nations Environment Programme. The waste management services industry is largest in developed nations that consume more resources and generate more waste. Demand depends on the volume of waste generated, which depends on economic conditions and consumer spending. The profitability of individual companies depends on efficient operations, because the service is a commodity sold based on price. The waste management market has emerged as amongst the most swiftly developing market. Some of the prominent trends that the market is witnessing include technological advancements, expanding medical waste management services, lack of stringent regulations in developing countries and rising government initiatives. Industry Active companies in the news this week include Deep Green Waste & Recycling Inc. (OTC: DGWR), Waste Management Inc. (NYSE: WM), Republic Services Inc. (NYSE: RSG), Advanced Disposal Services Inc. (NYSE: ADSW), Waste Connections Inc. (NYSE: WCN)

Deep Green Waste & Recycling Inc. (OTC: DGWR) enters into a distributor contract with Veolia North America to further expand its offering of waste solution products and services for commercial properties. Under this agreement Deep Green will include Veolia's RecyclePak® brand environmental and universal waste program into Deep Green's growing portfolio of enhanced waste management services for its retail, multifamily, industrial and institutional client base.

"Universal waste is a huge problem and we feel that this is a valuable additional service for our clients. It is a great solution for them for the disposal of fluorescent lamps, ballasts, batteries, computer electronics and other mercury and heavy metal containing waste", stated Bill Edmonds, Chairman and CEO of Deep Green. "Not only is this a valuable service for our customers to help them be environmentally responsible and legally compliant, but it is a naturally accretive contributor to our revenue and cash flow, one more positive thing we're doing for the environment, and a great market expander for Deep Green". Read this and more news for DGWR at http://www.marketnewsupdates.com/news/dgwr.html