The GCC Municipal Waste Management Market size is valued at around USD 63.25 billion in 2024 and is estimated to grow at a CAGR of around 6.2% during the forecast period, i.e., 2024-30.
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Key Findings of the Study: GCC Municipal Waste Management Market
GCC Municipal Waste Management Market Driver: Continuously Rising Urban Population & Increasing Waste
As the opportunities in rural areas for job and career growth are very few therefore the urban population is continuously increasing to search for better opportunities and jobs in the cities, so there is a growing urbanization in the region. Population growth and urbanization have led to rising waste generation in the GCC region. The demand for more advanced waste management solutions is then created by this increased waste generation in the region. For instance;
There is rapid urban development and an increasing population in cities of GCC like Riyadh and Dubai, which creates the demand for efficient waste systems, waste-to-energy technologies, and recycling facilities.
The urban population is expected to reach around 64.4% by 2030, as per the data from the Gulf Cooperation Council Statistical Center (GCC-Stat), which creates a necessity to handle the increased waste volumes through robust developments in the waste management infrastructure. Thus, the rising urban population is projected to augment the size & volume of the GCC municipal waste management industry in the coming years.
Scope of the Report and GCC Municipal Waste Management Market Segmentation
By Methods
-Landfill
-Incineration
-Recycling
-Open Dump
-Others
By Waste Type
-Paper & Paperboard
-Metal
-Plastic
-Food
-Organic Waste
-Others
- In recent years, the largest share of the GCC Municipal Waste Management Market was held by paper and paperboard waste type, and it is estimated that this trend will go on during the forecast period.
By Technology
-Sorting Technologies
-Recycling Technologies
-Waste Treatment Technologies
-Smart Waste Management Solutions
By Source
-Residential
-Commercial
–Office Buildings
–Retail
–Hotels
–Others
Top leading companies in the GCC Municipal Waste Management Market includes:
Averda, Veolia Middle East, Bee’ah, Blue LLC, EnviroServe, Suez Middle East Recycling, Envac, Dulsco, Al Haya Enviro (Qatar), Tadweer
GCC Municipal Waste Management Market Development
- 2023: Suez Middle East recycling has acquired 60% share of ABB (Czech Republic), and extending its scope in the Czech Republic by entering its industrial and municipal waste management and green energy production markets.
- 2023: Bee’ah has signed an MoU with Rihal to Revolutionize Waste Inspection Using Artificial Intelligence.
For more detailed information about the GCC Municipal Waste Management market report, click here – https://www.marknteladvisors.com/research-library/gcc-municipal-waste-management-market.html
Geographical analysis:
The UAE
Saudi Arabia
Qatar
Oman
Kuwait
Bahrain
- Saudi Arabia is expected to remain a prevailing market for Municipal Waste Management during the forecast period.
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