GCC waste management market to exceed $104bn by 2031

RIYADH: The Gulf Cooperation Council’s waste management market is forecast to exceed $104 billion by 2031, as governments step up investment in recycling, waste treatment and resource recovery.

The market is expected to expand from $68.3 billion in 2025 at a compound annual growth rate of 7.29 percent through 2031, according to a report by the Gulf Cooperation Council Statistical Center, cited by the Emirates News Agency, or WAM.

Gulf states expand waste-sector investments

The outlook reflects growing opportunities for private investors as Gulf states pursue waste-management strategies, expand recycling capacity and seek to recover more value from industrial and agricultural waste.