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List of Figures
Figure 1: Saudi Arabia Plastic Waste Management Market Size By Value 2017 to 2028F (in USD Billion)
Figure 2: Market Attractiveness Index, By Service Type
Figure 3: Market Attractiveness Index, By Source Type
Figure 4: Porter's Five Forces of Saudi Arabia Plastic Waste Management Market
List of Table
Table 1: Influencing Factors for Global Plastic Waste Management Market, 2022
Table 2: Saudi Arabia Plastic Waste Management Market Size and Forecast By Service Type (2017, 2022 & 2028F)
Table 3: Saudi Arabia Plastic Waste Management Market Size and Forecast By Source Type (2017, 2022 & 2028F)
Table 4: Saudi Arabia Plastic Waste Management Market Size of Landfills (2017 to 2028) in USD Billion
Table 5: Saudi Arabia Plastic Waste Management Market Size of Recycling (2017 to 2028) in USD Billion
Table 6: Saudi Arabia Plastic Waste Management Market Size of Incineration (2017 to 2028) in USD Billion
Table 7: Saudi Arabia Plastic Waste Management Market Size of Collection & transportation (2017 to 2028) in USD Billion
Table 8: Saudi Arabia Plastic Waste Management Market Size of Industrial (2017 to 2028) in USD Billion
Table 9: Saudi Arabia Plastic Waste Management Market Size of Commercial & institutional (2017 to 2028) in USD Billion
Table 10: Saudi Arabia Plastic Waste Management Market Size of Residential (2017 to 2028) in USD Billion
Table 11: Saudi Arabia Plastic Waste Management Market Size of Others (2017 to 2028) in USD Billion
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About 53 million tonnes of waste are produced in Saudi Arabia each year, polluting the country's soil and groundwater. The National Center for Waste Management in Saudi Arabia estimates that solid waste will cost the world $1.3 billion in environmental damage in 2021. Three large cities account for over half of the total trash produced: Riyadh, Jeddah, and Dammam. In Saudi Arabia, the majority of landfills are about to fill up. Saudi Arabians use single-use plastics and other disposable items frequently. Recyclables are scarce. Most municipal trash is dumped untreated in landfills, however some is also burned. Usually the land cannot be used for other purposes after the dump sites are filled. Landfills in Saudi Arabia are usually not engineered to limit their harmful effects. According to the former CEO of the Saudi Investment Recycling Company, most of the country’s waste is currently being landfilled at an average of $1.87 per ton.
According to the research report “Saudi Arabia Plastic Waste Management Market Research Report, 2028, published by Actual Market Research, the market is forecasted to reach market size of over USD 1 Billion. Based on service type, which comprises collection and transportation, recycling, incineration, and landfills. Based on service type, which comprises collection and transportation, recycling, incineration, and landfills. Reduction of landfill locations A lot of environmental issues arise from the disposal of waste in landfills. Recyclable items, such as paper, cardboard, metal, and plastic, are kept out of landfills. Requirements for Energy are Reduced. When compared, for instance, to the production of new plastic products, recycling plastic uses less energy and materials. Decrease in pollution Recycling the trash instead of dumping it in a landfill will help to cut down on the pollution that results from doing so. The carbon footprint of a product is also decreased by recycling different products, which results in lower carbon emissions.
New regulations for plastic items in Saudi Arabia were released by SASO (Saudi Arabian Standards, Metrology, and Quality Organization). The plastic must degrade using OXO. Plastic goods importing into the nation must be registered with SASO. Once the products have been approved by SASO and the test report certificate of the product's additives has been evaluated. Then, SASO will issue a logo that must be applied to the goods. In order to launch integrated waste management and garbage recycling activities in Riyadh, the National Waste Management Centre, Riyadh Municipality, and Saudi Investment Recycling Company (SIRC) signed a memorandum of understanding (MoU). The objectives include recycling 47 percent of construction trash, or about 5 million tonnes per year, 81 percent of solid garbage, or 3.4 million tonnes per year, and 20 million tonnes of building and demolition waste that is dumped on vacant lots and by the side of the road. Additionally, the market for Saudi Arabian plastic recycling is anticipated to increase during the forecast period due to the expanding acceptance of recycled plastics by different industrial players to cut down on energy use and lower their carbon footprint.
A new waste management law was released in Saudi Arabia in 2021 to control the import, export, safe disposal of trash, and all other associated operations. To improve environmental and economic outcomes, all parties involved must recycle, recover resources, and ensure safe disposal. The obligations of companies that provide waste-related services are set forth by legislation. For instance, disposal service providers must follow the NCWM's established disposal procedures. Hazardous waste carriers are required to utilise vehicles that adhere to NWMC requirements, to place warning labels, and to make sure that the documentation related to the transported hazardous material is present.
The COVID-19 outbreak increased demand for plastic across a range of businesses, including food and beverage, pharmaceuticals, healthcare, etc., but its improper disposal had a detrimental effect on the nation's plastic recycling market. However, throughout the anticipated period, the market for Saudi Arabian plastic recycling is predicted to develop due to the increasing use of recycled plastic in industries and strict government regulations to reduce plastic pollution.
Some of the plastic waste management companies in Saudi Arabia are RecycleHub Company (Waste Paper & Plastic), Arab Recycling Co - Dammam Branch, Wasco Branch, Wsaj Recycling Factory, Goodman Plastic Recycling Factory, suhul al beeah pvt ltd, GEMS Disposal Facility- Johfa, Masterpieces Plastic Factory, Environment Development CO. Ltd. and many more.
Considered in this report
• Geography: Saudi Arabia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
By Service Type
• Collection & transportation
• Recycling
• Incineration
• Landfills
By Source Type
• Residential
• Commercial & institutional
• Industrial
• Others
By Polymer Type
• Polypropylene (PP)
• Low-density polyethylene (LDPE)
• High-density polyethylene (HDPE)
• Polyvinyl chloride (PVC)
• Polyurethane (PUR)
• Polystyrene (PS)
• Polyethylene terephthalate (PET)
• Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to plastic waste management market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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