“The aviation sector’s impact on the environment has come under scrutiny, primarily due to the high volumes of waste it generates and its inability to dispose of or recycle it,” said Abhilash Varkey Abraham, Aerospace & Defense Research Analyst at Frost & Sullivan. “Due to this, aviation stakeholders aim to achieve emission-free and zero-waste businesses.”
Abraham added: “The focus on waste management and green efforts will increase as passenger demand recovers and emissions surpass pre-pandemic levels. It will force airports to develop benchmarking and accurate measurement processes. This will help them assess their waste management capabilities; as a result, they will be able to set zero-waste strategies and goals.”
Airports’ plans to meet sustainability and waste goals present the following lucrative growth opportunities for market participants:
Airports can develop and invest in start-up accelerators, which will encourage start-ups to launch innovative solutions that focus on waste and energy management.
Collaborations with key stakeholders and investments in customers’ preferred offerings will be critical to achieving zero waste.
Airports will establish green procurement processes and clean supply chains, which will ensure the use of sustainable materials that can be completely recycled during infrastructure development.
Global Airport Waste Management Growth Opportunities is the latest addition to Frost & Sullivan’s Aerospace & Defense research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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Global Airport Waste Management Growth Opportunities