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

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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