GCC Waste Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

GCC Waste Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of GCC Waste Management Market

The GCC waste management market size was valued at USD 61.92 billion in 2023, and the market is now projected to grow from USD 66.32 billion in 2024 to USD 100.22 billion by 2032, exhibiting a CAGR of 5.29% during the forecast period of 2024-2032.

Increased heathacre operations and surgeries have been anticipated to pile up alot of waste during the covid period. It is also witnessed that during the pandemic, people have voluntarily changed their day-to-day lifestyles which in terms has proportionally increased the garbage and waste quatity These factors affceted the GCC waste management market growth.

The environmental risks associated with ineffective management systems are becoming more widely known. The quantity of waste created is increasing in tandem with population expansion. The market for GCC waste management is expected to expand as a result of numerous initiatives implemented by the government and other advisory organizations to lessen unlawful rubbish dumping. These particular growth driving factors have been recorded to attribute the GCC waste management market share.

It is becoming more important to collect and process garbage utilizing cutting-edge technologies. One of these clever solutions is the use of advanced sensors to alert collection authorities when bins are full. GCC waste management market growth is proliferating due to augmentation of Internet-based technologies, or IoT. In waste management, operating expenses can be decreased by automation and data-driven decision-making.

Comprehensive Analysis of GCC Waste Management Market

The market is segmented according to the type of waste produced: municipal solid trash, waste from building and demolition, industrial hazardous waste, waste from medical facilities, waste from electrical and electronic equipment, waste from farms, waste from slaughterhouses, and other waste categories. The market is divided into three segments: recycling, landfilling, and incineration, based on the method of disposal which basically means applications.

A special type of treatment of converting waste into fuels and energy, especially the waste which cannot be treated and recycled is the major reason due to which Asia Pacific is anticipated to hold the most amount of shares of this particular market.

Market consolidation is indicated by the fact that a small number of powerful and well-known companies control a large portion of the sector. UAE-based Averda, France-based Veolia, UAE-based BEEAH Group, Saudi Arabia-based CIT Group Ltd, and Qatar-based Dulsco Qatar

In November 2022, An agreement was founded between the Averda and King Abdullah University of Science and Technology calls which would help make the university clean and neat as it will enhance zero-waste management systems and also provide sustainable solutions for waste management.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.29% from 2024 to 2032

Unit Value (USD Billion) and Volume (Thousand Tons)

Segmentation By Waste Type, Disposal Method, and Country

Segmentation By Waste Type

Municipal Solid Waste

Construction and Demolition Waste

Industrial Hazardous Waste

Medical Hazardous Waste

Waste of Electrical and Electronics Equipment

Agricultural Waste

Slaughterhouse Waste

Other Waste Types

By Disposal Method

Incineration

Landfilling

Recycling

By Country

Saudi Arabia (By Waste Type and Disposal Method)

UAE (By Waste Type and Disposal Method)

Kuwait (By Waste Type and Disposal Method)

Qatar (By Waste Type and Disposal Method)

Oman (By Waste Type and Disposal Method)

Bahrain (By Waste Type and Disposal Method)