Press Release   -

GCC Waste Management Market to Reach USD 115.29 Billion by 2032

According to analysts at Vantage Market Research, the GCC Waste Management Market size is worth USD 62.2 Billion in 2023 and is projected to reach USD 115.29 Billion by 2032, growing at a CAGR (Compound Annual Growth Rate) of 7.1% from 2024 to 2032. The market is being driven by increasing government regulations, rising urbanization, growing awareness of environmental sustainability, advancements in waste processing technologies, and the push for circular economy initiatives.

Market Overview

The GCC waste management market is experiencing significant growth, driven by rapid urbanization, increasing population, and stringent government regulations focused on environmental sustainability. Countries in the region, particularly Saudi Arabia and the UAE, are investing heavily in waste management infrastructure, promoting recycling, waste-to-energy projects, and circular economy initiatives. Technological advancements, such as smart waste management systems and improved waste processing techniques, are enhancing efficiency and reducing environmental impact. Additionally, growing public awareness about sustainability and environmental conservation is driving demand for innovative waste management solutions, positioning the GCC as a key player in the global sustainability movement.

The hazardous waste management segment in the GCC is gaining significant attention due to the region's rapid industrialization, particularly in sectors like oil and gas, chemicals, and manufacturing. Strict government regulations aimed at minimizing environmental risks and ensuring public health are driving investments in advanced hazardous waste treatment and disposal technologies. Countries like Saudi Arabia and the UAE are prioritizing the development of specialized facilities for the safe handling, transportation, and disposal of hazardous materials.

Wardwizard Innovations Partners with BEEAH Group to Promote Electric Vehicles Across GCC and Africa

• Wardwizard Innovations and Mobility, an electric mobility company, has entered into an agreement with BEEAH Group (BG), a sustainable waste management firm co-owned by the Sharjah Government, to produce electric vehicles. Through this partnership, Wardwizard and BEEAH Group will work together to promote electric vehicles across the GCC nations and the African region

Key Takeaways from the Report

• Based on the Waste Type, the Municipal Solid Waste category accounted for significant market share in 2023. Encompassing waste generated from commercial and domestic sources within municipal or designated areas, in solid or semi-solid forms
• By Disposal Method, Landfill dominated the market with market share of 75.5%. This segment remains the most widely used approach for waste disposal

Top Companies

• Green Mountains
• Blue LLC
• BEEAH Group
• CIT Group Ltd
• Dulsco Qatar
• Al Hodaifi Recycling
• Al Haya Enviro
• MBM Dallah
• Al-Fahhad Zegwaard Co.
• SOLV, SEPCO Environment
• Saudi Investment Recycling Company
• Marafiq
• Averda
• EnviroServe
• Suez Middle East Recycling LLC.

Report Coverage

Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.

Latest News

Averda and King Abdullah University of Science and Technology Collaborate on Zero-Waste Facility with 2025 Target

• Averda and King Abdullah University of Science and Technology have signed a contract to create a facility dedicated to sustainable waste management for the university. The objective is to reach zero waste by 2025, with Averda managing all facets of solid and hazardous waste, including recycling, sorting, transfer, and disposal

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.