GCC Waste Management

GCC Waste Management Market Research Report: Forecast (2021-2026)

By Waste Type (Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-Waste, Other Waste Types), By Disposal Method (Landfill, Incineration, Recycling), By Service (Collection Service, Collection Read more

  • Environment
  • Jul 2021
  • 236
  • ET10218

Waste is an inevitable by-product of the constant use of natural resources. Different kinds of waste require a varied process for its effective treatment. Hence, considering the growing waste, numerous governments and market players are taking initiatives to contribute to waste management. 

According to the MarkNtel Advisors research report, “GCC Waste Management Market Analysis, 2021,” the market is likely to grow at a CAGR of around 6.25% in the forecast period of 2021-26. The prominent astronomical market growth primarily owes to the production of municipal waste, which is very likely to increase in the coming years, where the existing landfilling strategies won't take the burden. Hence, to combat the overloading waste, creating an alternative mechanism for the management is crucial.

Therefore, many market players are actively funding and introducing new strategies to eliminate the excess production of waste and manage efficiently along with the help of government regulations & schemes. It shall lead the GCC Waste Management Market to experience lucrative opportunities and lead towards massive growth in the forecast years. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 6.25%
Regions Covered GCC: Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain
Key Companies Profiled Averda, EnviroServe, Suez Middle East Recycling LLC, Green Mountains, Veolia, Blue LLC, Envac, SEPCO Environment, Saudi Investment Recycling Company, Dulsco Waste Management Services, Bee'ah, Power Waste Management & Transport LLC, Al Haya Enviro, Bin-Ovation, United Waste Management Company, Kuwait Waste Collection & Recycling Company
Unit Denominations USD Million/Billion

 

Impact of Covid-19

Waste management is critical to human development and health outcomes, especially during the Covid-19 pandemic. The invaluable service provided by the waste management sector ensures that the unusual heaps of waste that pose health risks and escalate the spread of the virus are well-avoided. In this study, the impact of the pandemic on waste management is well-discussed by observing lockdown and social distancing measures.

The prime cause behind the rise of waste was the production and sales of panic buying and increasing single-use products. It further also increased plastic pollution in the environment. However, with the gradual upliftment of restrictions, the waste management plants shall resume their functioning, along with new government regulations, and enable the GCC Waste Management Market to recover from the loss.   

GCC Waste Management Market Research Report: Forecast (2021-2026)

Market Segmentation

Incineration to Witness the Fastest Market Growth

Amongst the Disposal Method, the GCC Waste Management Market segments into Landfill, Incineration, and Recycling. Of them all, the Incineration method is more likely to witness the fastest market growth in the forecast period of 2021-26. Incinerators require a small area, are more convenient, and eradicate the problem of methane gas releasing in the environment from the landfill.

Besides, the amount of heat released from waste combustion is directly related to the moisture content of the waste and is considered a key performance indicator of the incineration process. Furthermore, overflowing landfills may also spread epidemic diseases in their surrounding areas. However, it is not the same with the incineration method. Therefore, with these advantages, the segment shall propel in the forecast years with the fastest growth rate.  

Industrial Waste to Hold the Largest Share

Based on the Waste Type, the GCC Waste Management Market segments into Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-Waste, and Others. Amongst these, Industrial Waste is more likely to attain the largest share in the forecast years. It owes to various stages of diverse developments & opportunities across the region. Economies undergo constant industrialization & urbanization, thereby resulting in the massive production of industrial waste.

Hence, to manage its disposal, the government & regulatory bodies in the GCC are implementing rigorous regulations to suitably treat the waste. Therefore, with the growing participation of organizations and governments, the segment is very likely to attain the largest share in the forecast years, states MarkNtel Advisors in their research report, “GCC Waste Management Market Analysis, 2021.”

Country Landscape

Kuwait Attains the Largest Market Share

The GCC Waste Management Market is growing astronomically. However, Kuwait dominated the regional market in the previous few years and is likely to continue its dominance by attaining the largest share in the coming years. The country is known for its sustainability as a developer in waste recycling. Hence, it provides products of higher value for use. Besides, the waste management units in Kuwait are also building opportunities to diversify the national income across different sectors.

Furthermore, the per capita income of Kuwait is among the highest in the world, where the waste is an untapped national wealth; the country is taking full advantage of its increasing waste resource to sustain the GDP despite the enormous dependency on oil. Hence, all these factors leading Kuwait to attain the largest market share and continue its dominance in the forecast years. 

Market Drivers

One of the most prominent factors driving the GCC Waste Management Market is the rising awareness among the public & government agencies about the modern solutions to contend the excessive growth of waste. Besides, the surge to develop solutions for waste to energy shall further provide lucrative opportunities for leading players to grow in the forecast period. Hence, with these opportunities for waste management, multiple leading companies are inclining and adopting advanced strategies to offer improved services in the regional market. 

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the GCC Waste Management Market are Averda, EnviroServe, Suez Middle East Recycling LLC, Green Mountains, Veolia, Blue LLC, Envac, SEPCO Environment, Saudi Investment Recycling Company, Dulsco Waste Management Services, Bee'ah, Power Waste Management & Transport LLC, Al Haya Enviro, Bin-Ovation, United Waste Management Company, Kuwait Waste Collection & Recycling Company.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the GCC Waste Management Market?
  2. What are the country-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the GCC Waste Management Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in GCC Waste Management Market based on the competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the GCC Waste Management Market study?  

Market Outlook, Segmentation, and Statistics

  • Impact of COVID-19 on GCC Waste Management Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Waste Type
      • Industrial Waste
      • Municipal Solid Waste
      • Hazardous Waste
      • E-Waste
      • Other Waste Types
    • By Disposal Method
      • Landfill
      • Incineration
      • Recycling
    • By Service
      • Collection Service
      • Collection & transportation
      • Storage & handling
      • Sorting
      • Disposable Service
      • Landfills
      • Recycling
      • Compositing & anaerobic digestion
    • By Material
      • Paper & Paperboard
      • Plastic
      • Metal
      • Glass
      • Food
      • Others
    • By Region
      • The U.A.E. Waste Management Market Outlook, 2016-2026F (USD Million)
      • Saudi Arabia Waste Management Market Outlook, 2016-2026F (USD Million)
      • Oman Waste Management Market Outlook, 2016-2026F (USD Million)
      • Bahrain Waste Management Market Outlook, 2016-2026F (USD Million)
      • Qatar Waste Management Market Outlook, 2016-2026F (USD Million)
      • Kuwait Waste Management Market Outlook, 2016-2026F (USD Million)
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Matrix
  • GCC Waste Management Market Hotspots & Opportunities
  • GCC Waste Management Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • GCC Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. GCC Waste Management Market is likely to grow at a CAGR of around 6.25% in the forecast period of 2021-26.

A. Averda, EnviroServe, Suez Middle East Recycling LLC, Green Mountains, Veolia, Blue LLC, Envac, SEPCO Environment, Saudi Investment Recycling Company, Dulsco Waste Management Services, Bee'ah, Power Waste Management & Transport LLC, Al Haya Enviro, Bin-Ovation, United Waste Management Company, Kuwait Waste Collection & Recycling Company are a few of the leading players in the GCC Waste Management Market.

A. The Industrial Waste segment is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

A. Kuwait continues to grow at the highest CAGR in the forecast period of 2021-26, presenting immense opportunities for market players of the GCC Waste Management Market.

A. The rising awareness among the public & government about the modern solutions to reduce the substantial waste production and the surge to develop solutions to convert waste into energy shall create lucrative opportunities for leading players to grow in the GCC Waste Management Market during the forecast period.

A. The outbreak of the Covid-19 pandemic caused the immense rise of waste due to the growing production and sales of panic buying and increasing single-use products. It resulted in increasing plastic pollution in the environment. However, with shut management units, the waste was piling up exponentially. Hence, with the gradual upliftment of restrictions, the waste management plants shall resume their functioning with new government regulations and enable the GCC Waste Management Market to recover from the loss in the coming years.

  1. Introduction
    1. Market Segmentation
    2. Product Definition
    3. Research Process
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on the GCC Waste Management Market
  5. GCC Waste Management Market Trends & Insights
  6. GCC Waste Management Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  7. GCC Waste Management Market Hotspot & Opportunities
  8. GCC Waste Management Market Key Strategic Imperatives for Success & Growth
  9. GCC Waste Management Market Analysis, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
        1. Industrial Waste
        2. Municipal Solid Waste
        3. Hazardous Waste
        4. E-Waste
        5. Other Waste Types
      2. By Disposal Method
        1. Landfill
        2. Incineration
        3. Recycling
      3. By Service
        1. Collection Service
        2. Collection & transportation
        3. Storage & handling
        4. Sorting
        5. Disposable Service
        6. Landfills
        7. Recycling
        8. Compositing & anaerobic digestion
      4. By Material
        1. Paper & Paperboard
        2. Plastic
        3. Metal
        4. Glass
        5. Food
        6. Others
      5. By Country
        1. UAE
        2. Saudi Arabia
        3. Bahrain
        4. Kuwait
        5. Qatar
        6. Oman
      6. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  10. UAE Waste Management Market Outlook, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
      2. By Disposal Method
      3. By Service
      4. By Material
  11. Saudi Arabia Waste Management Market Outlook, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
      2. By Disposal Method
      3. By Service
      4. By Material
  12. Bahrain Waste Management Market Outlook, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
      2. By Disposal Method
      3. By Service
      4. By Material
  13. Kuwait Waste Management Market Outlook, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
      2. By Disposal Method
      3. By Service
      4. By Material
  14. Qatar Waste Management Market Outlook, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
      2. By Disposal Method
      3. By Service
      4. By Material
  15. Oman Waste Management Market Outlook, 2021-2026F
    1. Market Size & Analysis
      1. Quantity Sold
      2. Market Revenues
    2. Market Share & Analysis
      1. By Waste Type
      2. By Disposal Method
      3. By Service
      4. By Material
  16. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Manufacturing Units
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Business Segments, Financials, Strategic Alliances or Partnerships, Future Plans)
      1. Averda
      2. EnviroServe
      3. Suez Middle East Recycling LLC
      4. Green Mountains
      5. Veolia
      6. Blue LLC
      7. Envac
      8. SEPCO Environment
      9. Saudi Investment Recycling Company
      10. Dulsco Waste Management Services
      11. Bee'ah
      12. Power Waste Management and Transport LLC
      13. Al Haya Enviro
      14. Bin-Ovation
      15. United Waste Management Company
      16. Kuwait Waste Collection and Recycling Company
  17. Disclaimer
GCC Waste Management Market Segmentation