USD 10.52 billion
GCC Waste Management Market Size, Share, Growth Analysis, By Waste type(Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-Waste and other Waste Types), By Disposal method(Landfill, Incineration and Recycling), By Services(Collection Service, Collection & transportation, Storage & handling, Sorting), By Material(Paper & Paperboard, Plastic, Metal, Glass), By Region - Industry Forecast 2024-2031
Report ID:
SQMIR20N2029 |
Region:
Regional |
Published Date: February, 2024
Pages:
201
|Tables:
123
|Figures:
77
GCC Waste Management Market Insights
GCC Waste Management Market size was valued at USD 10.52 billion in 2019 and is poised to grow from USD 11.28 billion in 2023 to USD 21.23 billion by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).
From the time that waste is generated until it is finally disposed of, waste management encompasses the procedures and actions needed. This covers the gathering, moving, treating, and disposing of waste as well as the monitoring and control of the procedure and waste-related legislation, technology, and economic systems. Each sort of waste has a specific way to be disposed of and managed, whether it be solid, liquid, or gaseous, including all kinds of waste like radioactive, organic, domestic, municipal, industrial, and biological, are utilised in it. A risk to human health can occasionally arise from waste. Over the past decade, the GCC area has experienced fast population and urbanisation expansion along with a significant rise in living standards. This resulted in more garbage being produced, which calls for efficient strategies to deal with the waste in an environmentally sustainable way. The GCC's waste management industry has traditionally focused only on collection and disposal. Due to this, there are currently not enough landfills available, necessitating the use of other remedies. The GCC is primarily focused on waste-to-energy projects in order to divert garbage from landfills, while initiatives for sorting at source and recycling are also being considered. The government is specifically thinking about incineration projects.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Municipal Solid Waste
Fastest Growth
Municipal Solid Waste
Growth Rate
7.2% CAGR
GCC Waste Management Market ($ Bn)
Country Share for North America Region (%)
To get more reports on the above market click here to Buy The Report
GCC Waste Management Market Segmental Analysis
GCC Waste Management Market is segmented based on the waste type, disposal method, services, material and region. Based on waste type, the Market is segmented into Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-Waste and other Waste Types. According to disposal method the market is sub segmented into Landfill, Incineration and Recycling. On the basis of services, the market is sub segmented into Collection Service, Collection & transportation, Storage & handling, Sorting, Disposable Service, Landfilling, Recycling and Compositing & anaerobic digestion. According to material it is divided into Paper & Paperboard, Plastic, Metal, Glass, Food and Others. Based on Region it is categorized into Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain.
GCC Waste Management Market Analysis by Disposal method
In terms of disposal methods, landfills held the majority of the GCC waste management market share in 2021. Currently, the UAE generates between 1.9 and 2.5 kg of garbage per person each day, with over 77 percent of that waste ending up in landfills. The Emirate of Dubai has one treatment facility, four landfills, and no incinerator for non-hazardous waste. Landfills are merely a temporary option for handling trash since other measures are needed to handle outdated, abandoned, and sometimes dangerous landfills. Landfilling is the most common technique of garbage disposal in GCC nations since increased population density and land scarcity are not as significant there as they are in other industrialised, developed nations worldwide.
The incineration method is expected to register the fastest growth rate during the forecast period. incinerators are more practical, smaller, and require less space and the issue of methane gas leaking into the environment from landfills is also eliminated by usage of incinerators. In addition, the quantity of heat produced during trash burning is closely connected to the waste's moisture content and is regarded as a crucial performance indicator of the incineration process. Additionally, overflowing landfills run the risk of dispersing pandemic illnesses into the communities they are located in which is not the case for incineration. Consequently, the segment will augment market growth during the predicted years because of these benefits.
GCC Waste Management Market Analysis by Waste type
The municipal solid waste segment accounted for the largest market share in GCC waste management market in 2021. Waste generation and chemical usage have grown in the UAE due to population expansion and continuous economic growth. The country's per-capita creation of municipal solid waste (MSW) peaked at nearly 2.1 kg/day before settling at about 1.8 kg/day, one of the highest rates in the world. As part of the National Agenda, the government of the United Arab Emirates is taking action to achieve its ambitious goal of removing 75% of municipal solid waste from landfills.
The E-waste segment is expected to show substantial growth during the forecast period. More individuals adopt a consumerist culture as a result of accelerated rates of urbanisation expansion and a significant rise in the standard of living. People change their electronics more frequently as their disposable money increases and newer devices become available. The advancement of technology, which causes shorter product lifespans, exacerbates this trend. There is little to no e-waste-related law in practically all GCC nations, with minor regional variations. E-waste production has increased as a result.
GCC Waste Management Market By Waste Type
To get detailed analysis on other segments, Request For Free Sample Report
GCC Waste Management Market Regional Insights
On the basis of region the market is categorized into 6 GCC countries namely Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain. UAE is further sub segmented into Abu Dhabi, Dubai, Sharjah, and others.In 2021, Saudi Arabia led all other nations in this sector, largely as a result of the substantial amount of waste that it produced overall. In 2021, the Saudi Arabian market was estimated to be worth USD 17.97 billion, and growth is anticipated over the next few years. The GCC sub-regional market is driven by quick investments in renewable energy projects. About 53 million tonnes of trash are produced in Saudi Arabia each year, polluting the country's soil and groundwater. Three large cities account for over half of the total trash produced: 21% from Riyadh, 14% from Jeddah, and 8% from Dammam. The majority of Saudi Arabia's landfills are about to fill up.
Qatar region is anticipated to grow at a high CAGR during the forecast period. With the aid of government policies, funds, and laws to limit the production of garbage originating from multiple business locations, industries, and families, the nation is aggressively focused on waste management to safeguard the environment. By paying attention to trash management and treatment, Qatar is also anticipating innovative methods to minimise and recycle this garbage. In addition to the nation's overall household trash production, Qatar's building sector also contributes significantly to garbage production. As a result, the government and local governments in Qatar are taking action to reduce the pace at which garbage is being generated.
GCC Waste Management Market By Region
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
GCC Waste Management Market Dynamics
GCC Waste Management Market Drivers
Advancement in Waste Treatment to Bolster Market Growth
- Advanced waste collection and treatment technologies are receiving more and more attention. Examples of these clever solutions include sophisticated sensors that alert pickup stations when bins are full. The expansion of Internet of Things (IoT)-based products is fueling the industry. Drones are being more widely used to tackle unauthorized dumps. Intensifying Attention on Smart Technologies is expected to augment market growth.
- Rock and fine residues are blended and disposed of together when processing mining waste using the co-disposal method. The fundamental goal of this technique is to make these mining wastes more chemically stable. Based on placement techniques and the level of mixing, many methodologies have been created. This approach offers a few benefits over conventional ones. It drastically reduces water use and wastewater management. Additionally, co-disposal eliminates the need for tailing dam construction, saving money and area. As a result, the market is anticipated to increase as a result of rising demand for mining waste co-disposal.
GCC Waste Management Market Restraints
High Cost to Hinder Market Growth
- Waste management is expensive in terms of capital expenditure and investment. The creation of landfills, incinerators, and recycling equipment has a significant worldwide capital cost. Strong logistical systems are needed for effective garbage disposal, collection, and processing, which raises the cost of running management systems.
- For efficient operations, waste management requires a sizable workforce that is highly motivated. Retaining the workers in the industry is difficult. Additionally, in order to prevent contamination, the personnel have to be properly educated to manage various sorts of garbage. Project working capital is increased by the cost of the labour.
Request Free Customization of this report to help us to meet your business objectives.
GCC Waste Management Market Competitive Landscape
GCC Waste Management Market is highly fragmented and competitive due to presence of many regional players offering a wide array of services. To maintain a competitive edge and increase their market position in the GCC waste management market, leading companies are increasingly focusing on implementing tactics such as adopting new technology, product developments, mergers and acquisitions, joint venture, alliances, and partnerships. Prominent players include Averda, Enviroserve, Suez Middle East Recycling LLC and Green Mountains among others. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
GCC Waste Management Market Top Player's Company Profiles
- Averda International LLC
- Bee'ah
- Dulsco LLC
- GFL Environmental Inc.
- Sharjah Waste to Energy Company
- Tadweer (Center of Waste Management Abu Dhabi)
- BESIX Group
- AEB International GmbH
- Gulf Cobla Holding Co. KSCC
- Al Dhafra Waste Collection & Transportation Company
- Al Fayha Waste Management Services
- Amlak Integrated Real Estate Services
- Al Khodariyah Waste Treatment L.L.C.
- Al Kifah Holding Company
- Al Wadi Al Jadid Environment Services
- Advanced Recycling Industries (ARI)
- Imdaad LLC
- EcoWaste
- Waste Management Solutions (WMS)
- Enviromena Power Systems
GCC Waste Management Market Recent Developments
- In October 2022, in order to promote a circular economy and lessen packaging waste, PepsiCo's global hydration brand Aquafina has announced the launch of locally produced, 100% recycled plastic bottles. As a result, Aquafina is now the first beverage brand in Qatar and the GCC area to do so.
- In October 2022, Imdaad, a group of companies based in Dubai that offers integrated, sustainable Facilities Management (FM) services that improve operational efficiencies of physical assets, and DUBAL Holding, the investment arm of the Dubai Government with a focus on Non-Ferrous Metals, Recycling, Energy, and Industrial Sectors, have signed a Memorandum of Understanding (MoU) to explore and invest in projects aimed at fostering the Recycling and Sustainability sector in the United Arab Emirates.
GCC Waste Management Key Market Trends
- GCC will take steps toward integrated waste management, with a focus on "waste-to-value" strategies including recycling and waste-to-energy. Governments around the area are looking to invest in waste-to-energy (WtE) projects to satisfy sustainability standards and lower carbon emissions as garbage quantities continue to climb dramatically in step with growing populations. The Emirates Waste to Energy Company (EWTE), the first WtE development company in the UAE, is one of the most significant WtE projects now underway in the Middle East. The first WtE plant in the UAE is now being built by EWTE in Sharjah. It will power up to 28,000 households and remove over 300,000 tonnes of non-recyclable garbage from landfills annually while also producing 30 megawatts of renewable energy. Abu Dhabi itself has plans to increase its WtE capacity significantly. Sadara Chemical Company and Veolia Middle East inked a contract in Saudi Arabia to create a sustainable industrial WtE facility. Such trends are expected to rise considerably in coming years.
GCC Waste Management Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our GCC Waste Management Market analysis, the waste disposal market is anticipated to develop as a result of the government's and other advisory organisations' increased efforts to stop unlawful garbage disposal. The harms that inefficient systems pose to the environment are becoming more well known. The quantity of garbage created rises along with the population. Industrial trash and e-waste are growing along with rapid urbanisation and industrialisation. As a result of these prospects for waste management, several top organisations are inclining and implementing cutting-edge tactics to provide better services in the local market.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 10.52 billion |
| Market size value in 2031 | USD 21.23 billion |
| Growth Rate | 7.2% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on GCC Waste Management Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on GCC Waste Management Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the GCC Waste Management Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the GCC Waste Management Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the GCC Waste Management Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the GCC Waste Management Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
