From Yahoo Finance: 2025-03-29 18:48:00

The waste management industry is rapidly expanding, valued at $1,293.70 billion in 2022, with a projected 5.4% CAGR growth from 2023 to 2030. The e-waste segment is expected to grow the fastest at 7.4%, with Asia Pacific leading the market at 24.5% in 2022. Private equity investments in waste management are declining, shifting towards circular economy solutions. Municipal solid waste generation is estimated to increase from 2.1 billion tonnes in 2023 to 3.8 billion tonnes by 2050, with potential yearly net gains through waste management methods and circular economy practices.

ESGL Holdings Limited (NASDAQ:ESGL) is a waste management company that has seen a 52% year-to-date increase in its stock value. The company achieved profitability in the first half of 2024, with revenue rising 2.8% year-on-year to $3.49 million. ESGL anticipates strong performance in the second half of 2024 by expanding its customer base and improving operational efficiency. Despite ranking 12th in the Best Waste Management Stocks list, ESGL shows potential for investment, with a focus on AI stocks for higher returns.

Overall, the waste management industry is set for significant growth, driven by increasing waste generation and the need for sustainable practices. ESGL Holdings Limited showcases promise in the sector, aiming to capitalize on expanding its customer base and enhancing profitability. The shift towards circular economy solutions and AI stocks presents opportunities for investors to align with the industry’s growth trajectory.



Read more at Yahoo Finance: Is ESGL Holdings Limited (ESGL) Among the Best Waste Management Stocks to Invest In Now?