Saudi Arabia Waste Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Saudi Arabia Waste Management Market Report is Segmented by Waste Type (Industrial Waste, Municipal Solid Waste, E-Waste, Plastic Waste, and Biomedical and Other Waste Types [Including Construction Waste]), Disposal Method (Landfill, Incineration, Recycling, and Other Disposal Methods), and Region (Riyadh, Jeddah, Dammam, Yanbu, and Other Regions). The Report Offers Market Sizes and Forecasts for all the Above Segments in Terms of Value (USD).

Saudi Arabia Waste Management Market Size

Saudi Arabia Waste Management Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 5.54 Billion
Market Size (2029) USD 8.18 Billion
CAGR (2024 - 2029) 7.85 %
Market Concentration Low

Major Players

Saudi Arabia Waste Management Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Saudi Arabia Waste Management Market with other markets in Professional and Commercial Services Industry

Commercial Services

Consumer and B2C Services

Professional Services

Saudi Arabia Waste Management Market Analysis

The Saudi Waste Management Market size is estimated at USD 5.54 billion in 2024, and is expected to reach USD 8.18 billion by 2029, growing at a CAGR of 7.85% during the forecast period (2024-2029).

  • With rapid industrialization, surging population, and swift urbanization, Saudi Arabia is facing a pressing challenge, i.e., managing over 110 million tons of waste annually. The bulk of this waste, nearly half, originates from three key cities, namely Riyadh (21%), Jeddah (14%), and Dammam (8%). As these cities' landfills near capacity, concerns heighten. Disposable products, especially single-use plastics, are heavily utilized by Saudis, exacerbating the issue. Unfortunately, recycling efforts remain limited.
  • The country predominantly resorts to landfilling municipal waste, with some being incinerated. Once these landfills reach capacity, the land becomes unusable for other purposes. Notably, Saudi Arabia's landfills lack proper engineering to mitigate their adverse effects. Formerly, the CEO of the Saudi Investment Recycling Company highlighted that the nation's waste is predominantly landfilled at an average cost of USD 1.87 per ton. MWAN, the regulatory body, issues licenses to all waste management entities and recycling facilities, ensuring compliance before granting permits.
  • While US exporters are not mandated to engage local agents to sell to Saudi companies, they are strongly advised to navigate business opportunities and import regulations and identify sales prospects, especially in the public sector. Saudi Arabia's Procurement Law, overseen by the Ministry of Finance, governs all government procurements, including those by MWAN. The ministry administers the centralized procurement portal, Etimad.
  • Aligned with Vision 2030, the NCP aims to privatize sectors, including waste management under municipalities. By 2040, Saudi Arabia aspires to divert 90% of its waste from landfills, targeting a recycling rate of 40%, composting at 31%, and energy conversion from waste at 16%. For instance, in July 2023, Aramco, Total Energies, and Sabic successfully converted oil derived from plastic waste into ISCC+-certified circular polymers. This innovative process tackles the challenge of recycling non-sorted plastics, which are often difficult to recycle mechanically, thereby addressing the issue of end-of-life plastics.

Saudi Arabia Waste Management Market Trends

Saudi Arabia's Ambitious Recycling Drive Being a Step Toward Zero Waste

In recent years, Saudi Arabia has made significant strides in waste management by promoting recycling initiatives. According to the Saudi Press Agency, the Saudi Arabian Ministry of Environment, Water, and Agriculture unveiled a plan to recycle up to 95% of the country’s waste, a move it claimed will contribute SRL 120 billion (USD 31.99 billion) to the gross domestic product.

Recycling not only helps reduce the amount of waste that ends up in landfills but also conserves natural resources and reduces pollution. By separating recyclable materials like paper, plastic, glass, and metal from general waste, we can give them a second life in which they are processed into new products.

In addition to environmental benefits, recycling creates job opportunities within the local economy. It stimulates innovation and encourages businesses to develop sustainable practices that support long-term economic growth. Incorporating the practice of composting into one's daily routine can have a significant impact on reducing organic waste and promoting sustainability. Separating food scraps and other biodegradable materials from regular trash not only diverts waste from landfills but also creates nutrient-rich soil that can be used to nourish plants in gardens or communities. Composting is a simple yet effective way to close the loop on the natural cycle of decomposition, turning what would otherwise be considered garbage into a valuable resource. While the current progress in Saudi Arabia is promising, there is still work to be done to achieve the nation's zero waste goals.

According to Saudi Arabia’s National Center for Waste Management, in 2021, the economic aspect of environmental degradation caused by solid waste in the country was estimated at USD 1.3 billion. Nearly half of Saudi Arabia’s total waste comes from three cities, namely, Riyadh (21%), Jeddah (14%), and Dammam (8%). Saudi Arabia's recycling initiatives, led by SIRC, are enhancing sustainability by reducing landfill waste, conserving resources, creating jobs, and protecting natural habitats.

Saudi Arabia Waste Management Market: Industry revenue of “waste collection, treatment & disposal activities“ in Saudi Arabia from 2012 to 2023 (in million U.S. Dollars)

Riyadh's Groundbreaking Move in Transforming Plastic Waste into Fuel

Under a new agreement, Saudi Arabia is poised to convert about 3 million tonnes of municipal solid waste into refuse-derived fuels annually across six governorates. Spearheaded by MVW Lechtenberg & Partner, a German environmental consultancy, and in collaboration with Norwegian firm Empower, this innovative plastic waste management project is projected to slash carbon emissions by 1,791,300 tonnes per year.

This initiative not only advances the Kingdom's environmental sustainability targets but also underscores its commitment to combat pollution and safeguard its natural resources. Aligned with the National Environment Strategy, this project underscores Saudi Arabia's broader push toward sustainable development. MVW Lechtenberg & Partner Middle East joined hands with the Saudi Investment Recycling Co., a pivotal entity in the nation's waste management landscape, wholly owned by the Kingdom's Public Investment Fund, to bolster the project's reach.

Empower's cutting-edge blockchain technology is set to play a pivotal role in ensuring transparent tracking and management of plastic waste, from collection through recycling and even during the refuse-derived fuel conversion process. The initiative incentivizes responsible waste management by merging plastic credits with refuse-derived fuel, offering financial rewards for verified plastic waste collection and recycling. These credits, tradable and sought after by organizations looking to offset their plastic footprint, champion a circular economy ethos.

Saudi Arabia Waste Management Market: Industry revenue of “manufacture of rubber and plastics products“ in Saudi Arabia from 2012 to 2023 (in billion U.S. Dollars)

Saudi Arabia Waste Management Industry Overview

The Saudi Arabian waste management market is witnessing heightened competition, fueled by a mix of local and international contenders. This landscape comprises government bodies, private enterprises, and collaborative ventures. Bee'ah, Suez Middle East Recycling LLC, and Averda are notable participants in this market.

To excel in this competitive arena, Saudi waste management firms embrace diverse strategies, such as public-private partnerships, technological innovation, and geographical expansion. For instance, Bee'ah, a prominent player, stands out for its investments in cutting-edge technologies. These include smart waste collection systems and innovative waste-to-energy projects. Bee'ah's waste-to-energy facility in Sharjah serves as a prime illustration of converting waste into renewable energy through advanced technology.

Meanwhile, Suez Middle East Recycling LLC prioritizes sustainability, strongly focusing on recycling and circular economy principles. The company's endeavors range from establishing material recovery facilities to collaborating with industries for sustainable waste management.

Saudi Arabia Waste Management Market Leaders

  1. BEEAH Group

  2. Saudi Investment Recycling Company (SIRC)

  3. Veolia Group

  4. Averda

  5. SUEZ Group

*Disclaimer: Major Players sorted in no particular order

Saudi Arabia Waste Management Market Concentration
Need More Details on Market Players and Competitors?
Download PDF

Saudi Arabia Waste Management Market News

  • July 2024: MVW Lechtenberg, a consulting firm in alternative fuels, partnered with Empower, a traceability solutions provider, to launch a plastic waste management project in Saudi Arabia. To enhance the project, MVW Lechtenberg & Partner Middle East and the Saudi Investment Recycling Company (SIRC), a public investment fund (PIF) subsidiary, formed a joint venture to improve plastic waste management in the Kingdom.
  • June 2024: The Saudi Ports Authority (Mawani) signed a USD 8 million contract with Reviva to build a 10,000 sq. m recycling waste complex in Jeddah. This initiative, aligned with the National Transport and Logistics Strategy and Green Ports Initiative, aims to boost Saudi Arabia's position as a global logistics hub. The plant is expected to convert waste into valuable resources, promoting a circular economy and enhancing waste management. This project supports Saudi Vision 2030 and encourages the private sector's involvement in economic growth.

Saudi Arabia Waste Management Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Current Market Scenario

    2. 4.2 Technological Trends

    3. 4.3 Insights on Supply Chain/Value Chain Analysis

    4. 4.4 Insights into Government Regulations in the Industry

    5. 4.5 Insights into Technological Advancements in the Industry

    6. 4.6 Impact of Geopolitics and Pandemics on the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Economic Growth and Urbanization

      2. 5.1.2 Government Initiatives and Policies

    2. 5.2 Market Restraints

      1. 5.2.1 High Initial Investment Costs

    3. 5.3 Market Opportunities

      1. 5.3.1 Expansion of Recycling Programs

      2. 5.3.2 Development of Waste-to-Energy Projects

    4. 5.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 5.4.1 Threat of New Entrants

      2. 5.4.2 Bargaining Power of Buyers/Consumers

      3. 5.4.3 Bargaining Power of Suppliers

      4. 5.4.4 Threat of Substitute Products

      5. 5.4.5 Intensity of Competitive Rivalry

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Waste Type

      1. 6.1.1 Industrial Waste

      2. 6.1.2 Municipal Solid Waste

      3. 6.1.3 E-Waste

      4. 6.1.4 Plastic Waste

      5. 6.1.5 Biomedical and Other Waste Types (Incl. Construction Waste)

    2. 6.2 By Disposal Method

      1. 6.2.1 Landfill

      2. 6.2.2 Incineration

      3. 6.2.3 Recycling

      4. 6.2.4 Other Disposal Methods

    3. 6.3 By Region

      1. 6.3.1 Riyadh

      2. 6.3.2 Jeddah

      3. 6.3.3 Dammam

      4. 6.3.4 Yanbu

      5. 6.3.5 Other Regions

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Market Concentration Overview

    2. 7.2 Company Profiles

      1. 7.2.1 BEEAH Group

      2. 7.2.2 Saudi Investment Recycling Company (SIRC)

      3. 7.2.3 Veolia Group

      4. 7.2.4 Averda

      5. 7.2.5 SUEZ Group

      6. 7.2.6 Ramky Enviro Engineers Ltd

      7. 7.2.7 Waste Collection & Recycling Co.

      8. 7.2.8 Al-Fahhad Zegwaard Co.

      9. 7.2.9 Sama Environmental Services Co.

      10. 7.2.10 Greenland For Environmental Solutions*

    3. *List Not Exhaustive
    4. 7.3 Other Companies

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

  9. 9. APPENDIX

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Saudi Arabia Waste Management Industry Segmentation

Waste management is the complete process of collecting, hauling, treating, and disposing of waste materials in a method that minimizes their impact on the environment and human health. It encloses various activities and practices to reduce waste generation and manage waste materials efficiently and sustainably.

The report provides a comprehensive background analysis of the market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry.

The Saudi Arabian waste management market is segmented by waste type (industrial waste, municipal solid waste, e-waste, plastic waste, and biomedical and other waste types [including construction waste]), disposal method (landfill, incineration, recycling, and other disposal methods), and region (Riyadh, Jeddah, Dammam, Yanbu, and Other Regions). The report offers market sizes and forecasts for all the above segments in terms of value (USD).

By Waste Type
Industrial Waste
Municipal Solid Waste
E-Waste
Plastic Waste
Biomedical and Other Waste Types (Incl. Construction Waste)
By Disposal Method
Landfill
Incineration
Recycling
Other Disposal Methods
By Region
Riyadh
Jeddah
Dammam
Yanbu
Other Regions
Need A Different Region Or Segment?
Customize Now

Saudi Arabia Waste Management Market Research Faqs

The Saudi Arabia Waste Management Market size is expected to reach USD 5.54 billion in 2024 and grow at a CAGR of 7.85% to reach USD 8.18 billion by 2029.

In 2024, the Saudi Arabia Waste Management Market size is expected to reach USD 5.54 billion.

BEEAH Group, Saudi Investment Recycling Company (SIRC), Veolia Group, Averda and SUEZ Group are the major companies operating in the Saudi Arabia Waste Management Market.

In 2023, the Saudi Arabia Waste Management Market size was estimated at USD 5.11 billion. The report covers the Saudi Arabia Waste Management Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Waste Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Saudi Arabia Waste Management Industry Report

Statistics for the 2024 Saudi Arabia Waste Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Waste Management analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Saudi Arabia Waste Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)