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Assessment of Gulf Cooperation Council Countries' Market for Waste Management Services
Frost & Sullivan, April 2010, Pages: 72
GCC region is facing the need for effective waste management services, coupled with improved technological advancements, better financial support and participation from more international participants. This demand can be attributed to the growing urbanization; stringent environmental regulation; and increasing levels of awareness. The market for waste management services in GCC is at growth stage. Especially, the market of Municipal Solid Waste Management Services is in development phase as only a few private participants are present in each of the GCC countries. This research service feature, current regulatory environment for GCC countries, information about key companies present in GCC countries along with volume of waste generated.
This Frost & Sullivan research service titled Assessment of Gulf Cooperation Council Countries' Market for Waste Management Services provides an overview of the waste management services market and offers a snapshot of opportunities prevailing in the market. It also presents relevant legislation and regulations present across the Gulf Cooperation Council (GCC) countries. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: non-hazardous industrial waste (NHI), construction and demolition, and municipal solid waste (MSW).
Market Overview
Smart Waste Management Helps GCC Make Money from Garbage
The GCC waste management services industry has grown at a good clip into a multi-billion dollar venture, with governments in the region infusing substantial investments in it. With the escalating awareness about sustainable environmental business practices, GCC countries are resorting to advanced waste management solutions for treating both domestic and industrial waste. The demand for waste management services is only expected to soar with the massive urbanization and influx of immigrants from other countries generating high volumes of waste. Rapid industrialization has caused all GCC countries to have annual population growth rates of more than 3 percent, with the United Arab Emirates reaching 5.9 percent. “Changing demographics, growth in the local economy, and evolving consumption patterns are expected to generate higher volumes of waste,” says the analyst of this research. “This will only increase the demand for waste management facilities in the GCC region.”
GCC countries have been turning to the latest alternative waste management solutions for recycling, composting, and even waste-to-energy. This eagerness to adopt green practices has attracted both domestic and international companies to the market. Moreover, the developing phase of the GCC market offers more opportunities than the markets in developed regions such as Europe and North America. The sheer scale of construction activities in the GCC could create substantial prospects for the waste management companies that can offer effective disposal, transportation, and recycling services for construction and demolition waste. So far, there is inadequate quantitative information about the volume of solid waste generated in the GCC. Once this information is available, the actual size of the waste management market and the capacities of construction and demolition waste and industrial waste can be assessed. This data will help the market participants to plan the reclamation of materials and analyze the resources required for the process.
It is vital to have information regarding the volume of waste generated because most GCC countries suffer from space constraints. Moreover, the planning of many landfill sites at the inception phase was unsatisfactory, thereby lowering their scope for reuse. In fact, many of these landfill sites have already completed their lifespan. Countries such as Bahrain, Qatar, Kuwait, and the United Arab Emirates cannot afford to allow this state of affairs to persist, as it restrains waste disposal. They also have to contend with the challenge of intermixing of categories of waste due to low efficiency in waste sorting. As many small cities across the GCC are still managed by the local municipalities, it is critical to understand and adapt to the local market.
Waste management service providers, especially in the waste recycling segment, will feel buoyed by the implementation of stringent environmental regulations. The individual municipalities in the GCC countries have the autonomy to enforce regulations and implement projects concerning the environment. “Waste collection, sorting, and transportation require considerable attention due to the poor institutional coordination in small cities,” notes the analyst. “As many small cities across the GCC region are still managed by local municipalities, and each of these cities represents an opportunity for private participants to enter the waste management market.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Non-hazardous industrial waste (NHI)
- Construction and demolition
- Municipal solid waste (MSW)
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