Africa Waste Management Market by Waste Type (Municipal Solid Waste (MSW) or Household, Industrial, and Commercial) and by Waste Treatment (Composting, Incineration, Controlled Landfill, Uncontrolled Landfill, Sanitary Landfill, Open Dump, and Recycling)– Opportunity Analysis and Industry Forecast, 2024 – 2030
Industry: Energy & Power | Publish Date: 08-Oct-2024 | No of Pages: 114 | No. of Tables: 82 | No. of Figures: 47 | Format: PDF | Report Code : EP1256
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Africa Waste Management Market Overview
The Africa Waste Management Market size was valued at USD 8.73 billion in 2023, and is predicted to reach USD 17.74 billion by 2030, at a CAGR of 9.6% from 2024 to 2030. Waste management involves a wide range of services and activities aimed at managing and mitigating the impact of waste generated by various sectors including residential, commercial, industrial, and healthcare.
It includes the collection, transportation, processing, recycling, and disposal of waste materials in a manner that is environmentally responsible and sustainable. E-waste management also involves the development and implementation of technologies and practices that promote waste reduction, resource recovery, and the safe handling of hazardous materials.
Key components of the waste recycling sector include waste collection services, recycling facilities, waste-to-energy plants, landfill operations, and environmental consulting services.
As awareness of environmental issues grows, the waste management market continues to expand, driven by growing population, technological advancements, and increasing public demand for sustainable waste solutions.
Increase in Waste Generation Fuels the Growth of the Africa Waste Management Market
The increase in waste generation fuels the growth of the waste management market in Africa by creating a greater need for advanced waste management solutions. As per the World Bank Group latest report, Kenya’s capital city of Nairobi generated an estimated 2,400 tons of solid waste every day of which 20% is in plastic form.
Out of the waste generated by the city, only 45% is recycled, reused or transformed into a form which can yield an economic or ecological benefit. As waste volumes rise, the demand for efficient collection, recycling, and disposal technologies intensifies, driving the Africa waste management market expansion and innovation.
Growing Population of the Nation Propels the Growth of the Market
The growing population in the region further fuels the Africa waste management market growth by increasing the demand for effective waste treatment solutions.
As the population expands, the volume of waste generated rises that necessitates the demand for advanced waste collection, processing, and disposal systems to address environmental and public health concerns.
As per the latest report published by the International Monetary Fund (IMF), Africa’s population accounted for 1.4 billion in 2024 and it is projected to reach to 2.5 billion by 2050, that is an increase of around 44%. This demographic shift drives investment and innovation in the waste recycling sector.
Lack of Proper Waste Disposal Facilities Hinders the Growth of the Market
The absence of sufficient waste processing facilities, inadequate recycling infrastructure, and outdated waste collection systems pose significant challenges and impede the Africa waste management market growth. These deficiencies lead to inefficiencies in waste handling and increased environmental impact.
The Adoption of Waste-To-Energy Technologies Creates Future Growth Opportunities in the Market
The adoption of waste-to-energy technologies such as incineration, anaerobic digestion, and gasification presents a significant growth opportunity for the Africa waste management market trends as these technologies convert waste materials into usable energy, reducing landfill dependency and contributing to sustainable and clean energy generation.
By transforming waste into a valuable resource, waste-to-energy solutions promote environmental sustainability and drive the Africa waste management market expansion. This innovative approach aligns with global trends toward circular economy practices and offers economic benefits by generating energy from waste that creates a promising avenue for growth of the waste recycling sector.
Competitive Landscape
The promising players operating in the Africa waste management industry includes WastePlan, EnviroServ, Chanja Datti, Visionscape Group, EcoPost, Green Pyramid, Zoomlion Ghana Limited, Jubilee Recycling Ltd., Waste Recycling Solutions, NexGen Waste Management, and others.
Africa Waste Management Market Key Segments
By Waste Type
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Municipal Solid Waste (MSW) or Household
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Food
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Paper and Cardboard
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Plastic
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Glass
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Metal
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Others
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Industrial
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Manufacturing Waste
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Construction & Demolition Waste
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Agriculture Waste
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Other Industrial waste
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Commercial
By Waste Treatment
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Composting
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Incineration
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Controlled Landfill
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Uncontrolled Landfill
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Sanitary Landfill
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Open Dump
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Recycling
Key Players
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WastePlan
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EnviroServ
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Chanja Datti
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Visionscape Group
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EcoPost
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Green Pyramid
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Zoomlion Ghana Limited
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Jubilee Recycling Ltd.
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Waste Recycling Solutions
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NexGen Waste Management
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size Value in 2023 |
USD 8.73 billion |
|
Revenue Forecast in 2030 |
USD 17.74 billion |
|
Value Growth Rate |
CAGR of 9.6% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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