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Hazardous Waste Collection in Hungary - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

HU-E3812 April 2024 Factsheet

Revenue

€42.0m

2019-2024 5.6 %
2024-2029 X.X %

Employees

489

2019-2024 0.4 %
2024-2029 X.X %

Businesses

37

2019-2024 1.0 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Hazardous Waste Collection in Hungary market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Hungary compared to Europe?

Country Benchmarking

Industry Data Hungary

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#16 In Europe
Business
#17 In Europe
Employees
#12 In Europe
Wages
#13 In Europe

View industry report for Europe

Given the essential nature of hazardous waste collection, there’s a fairly consistent demand from companies in downstream markets like construction and manufacturing. Large companies in these industries require industry services to remove hazardous waste like asbestos, chemicals, solvents, oils and electrical equipment. Hazardous waste collection services revenue is expected to fall at a compound annual rate of 0.2% over the five years through 2024 to €4.5 billion, including an estimated decline of 1.8% in 2024.

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Enterprises
Number of businesses in 2024

Biggest companies in the Hazardous Waste Collection in Hungary

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Hazardous Waste Collection in Hungary industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Hazardous Waste Collection industry in Hungary in 2024?

The market size of the Hazardous Waste Collection industry in Hungary is €42.0m in 2024.

How many businesses are there in the Hazardous Waste Collection in Hungary industry in 2024?

There are 37 businesses in the Hazardous Waste Collection industry in Hungary, which has declined at a CAGR of 1.0 % between 2019 and 2024.

Has the Hazardous Waste Collection industry in Hungary grown or declined over the past 5 years?

The market size of the Hazardous Waste Collection industry in Hungary has been declining at a CAGR of 5.6 % between 2019 and 2024.

What is the forecast growth of the Hazardous Waste Collection industry in Hungary over the next 5 years?

Over the next five years, the Hazardous Waste Collection industry in Hungary is expected to grow.

What does the Hazardous Waste Collection in Hungary include?

Medical waste and Contaminated soil are part of the Hazardous Waste Collection industry.

How competitive is the Hazardous Waste Collection industry in Hungary?

The level of competition is moderate and steady in the Hazardous Waste Collection industry in Hungary.

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Table of Contents

About this industry

Industry definition

The industry involves the collection of solid and non-solid hazardous waste. Hazardous waste includes substances that are explosive, oxidising, flammable, toxic, irritant, carcinogenic, corrosive, infectious or harmful to human health and the environment.

Related Terms

HAZARDOUS WASTE TREATMENT FACILITY ASBESTOS

What's included in this industry?

Medical wasteContaminated soilChemical and oilsElectrical equipmentAsbestos

Companies

Industry Code

ISIC 2006

3812 - Collection of hazardous waste in Hungary

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Hazardous Waste Collection in Hungary industry?


Outlook

Analysis

What's driving the Hazardous Waste Collection in Hungary industry outlook?


Volatility

Analysis

What influences volatility in the Hazardous Waste Collection in Hungary industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Hazardous Waste Collection in Hungary industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Demand from healthcare picked up during the COVID-19 outbreak. During the COVID-19 outbreak, infectious waste like PPE masks and needles skyrocketed, lifting demand for hazardous waste collection services.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Hazardous Waste Collection in Hungary industry's products and services performing?

Analysis

What are innovations in the Hazardous Waste Collection in Hungary industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Hazardous Waste Collection in Hungary industry?


International Trade

Highlights

  • Total Imports into Hungary
  • Total Exports into Hungary
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Concentration is low in the Hazardous Waste Collection industry. Due to the high costs associated with the transportation of hazardous materials, many players operate locally.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Hazardous Waste Collection in Hungary located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Regulation is fierce in the Hazardous Waste Collection industry. Hazardous waste collectors must acquire necessary licenses from local environmental authorities, making sure collection is carried out safely.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Hazardous Waste Collection in Hungary industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

An increased emphasis on sustainability supports profitability. An increasing number of businesses are becoming more aware of their impact on the environment, supporting demand for hazardous collection services.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Hazardous Waste Collection in Hungary industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.