Middle East and Africa Waste Management Market

Middle East and Africa Waste Management Market Size (2023-2028):

The Middle East and Africa Waste Management Market are supposed to grow at a CAGR of 5.4% during the outlook period of 2023-2028.

Market Drivers and Restraints:

Even when the zeitgeist is about reducing the usage of plastics, it still remains one of the most preferred materials for packaging in the Middle East and Africa and in the majority of countries all around the world. Aerobic digestion techniques are widely adopted in African countries for their environmentally friendly impacts. The ease of availability of wastage is the biggest driving factor for the waste management industry. The African region is also expected to become one of the highest-growing regions for waste management. This is because of the high recyclability practiced and continuous improvements in the waste management sector. The economies of various African countries are growing, and this presents growth opportunities for various industries, including waste management.

Recent government norms regarding reduction in the adoption of incineration technique for waste management has caused many industries to scratch their head to look for an alternate solution without substantially increasing their cost. The waste management industry in the African region is still in its early phases and lacks cooperation from people for its proper functioning.

Market Segmentation:

Middle East and Africa Waste Management Market - Type:

• Municipal Waste        

• Industrial Waste

• Hazardous Waste

Middle East and Africa Waste Management Market - By Service:

• Collection

• Disposal

In the Middle East region, the waste management sector is focused on degradation by incineration. Even though it has harmful environmental effects, the process is cheaper and easier compared to the digestion processes

The growth in the African animal feed sector is very fortuitous for the waste management industry, as per USDA the market size in Egypt is around 15 billion USD. Due to rapid urbanization in various African countries, segregation of waste is becoming easier and people are adhering to the norms characterized by the government.

Market Geographical Analysis:

• Egypt
• Iran
• Iraq
• Israel

Saudi Arabia is one of the largest markets in the Middle East region for waste management. The country is focusing on various non-oil sectors in order to diversify its economy. In doing so, the waste management industry has benefitted from various government initiatives.

Impact of COVID-19 on the Middle East and African Waste Management Market:

Because of the slack in demand for oil across the world, other industries had to be functioning properly in order to drive the economy. The Plastic manufacturing industry as well as the Waste Management industry in the Middle East and African region has gone up and is doing very well. The demand for packaging has increased during the coronavirus pandemic; bioplastics and plastic have been very high in demand. In the medical sector, plastic is extensively used for various purposes and thus highest demand has been witnessed in the medical sector. These all contribute to the functioning of the MEA waste management industry.

Market Key Players:

1. Advanced disposal services
2. Republic Services
3. Waste Management Inc
4. FCC Environment ltd.

Market Recent Developments:

• In 2020, Stericycle completed the divestiture of its Domestic Environmental solution businesses.