China's garbage disposal industry started late, but through the development of recent years, China's garbage disposal industry has begun to take shape, the capacity of the garbage disposal market has increased significantly, the market penetration rate has increased rapidly, the number of enterprises entering the sanitation industry is also increasing rapidly. Now China's garbage disposal market has entered the growth period from the introduction period and is moving towards the maturity period.
With environmental issues gradually being emphasized, energy saving and environmental protection have become the development theme of various countries, which have begun to provide opportunities for industrial development for waste disposal. The average annual growth rate of the world's garbage is 8.42%, while the growth rate of China's garbage reaches more than 10%. The world produces 490 million tons of garbage every year, and China alone produces nearly 150 million tons of municipal garbage every year. The cumulative stockpile of municipal waste in China has reached 7 billion tons. Under the pressure of such huge garbage, there is reason to believe that the waste disposal industry will become the future star industry in China.