About the Industry
Waste collection services in the United States alone are projected to reach $86.1 billion by 2025.
Source: IBISWORLD
Explosive Growth
Waste compaction services like Smash My Trash® are also experiencing explosive growth. Data Intelo recently estimated the global waste compactor market at $3.5 billion in 2023 and projected it to grow to $5.8 billion by 2032, with annual growth 5.5%, 200% faster than the US economy.
What's Driving Our Growth?
Growth Drivers
Urbanization
More people moving into cities means more commercial and industrial waste.e-Commerce Packaging
Online retailers produce plastic, cardboard, and wooden pallets, which are then placed in open-top dumpsters.Industrial Expansion
Manufacturing, logistics, and construction industries all produce waste.Government Regulations
Government regulators enforce stricter environmental standards on businesses.
Benefit to Smash My Trash®
Cost Pressure
Businesses are under constant pressure to increase profits by reducing costs.Essential Service
Regardless of the economy, businesses generate waste.Recurring Revenue
Our customers produce a steady stream of waste, creating recurring revenue and predictable demand.Eco-Efficiency
Government regulators enforce stricter environmental standards on businesses.
