In 2019, the North American waste management market reached $208 billion. Thanks to advancements in modern chemistry and support from municipal governments, landfills have seen astonishing financial success in recent years. Private companies like Waste Management and Republic Services now own a majority of landfills across the U.S., their stocks outperforming the market every year since 2014. So how exactly are landfills turning a profit out of garbage and just how much money can be made? Watch the video to find out. A rising industry America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the solid waste management industry sees an opportunity.