UAE Recycling Equipment Market Size & Outlook, 2023-2030
UAE recycling equipment market, 2018-2030 (US$M)
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UAE recycling equipment market highlights
- The UAE recycling equipment market generated a revenue of USD 316.4 million in 2023 and is expected to reach USD 472.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, baler press was the largest revenue generating equipment in 2023.
- Separators is the most lucrative equipment segment registering the fastest growth during the forecast period.
Recycling equipment market data book summary
| Market revenue in 2023 | USD 316.4 million |
| Market revenue in 2030 | USD 472.1 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Baler press |
| Fastest growing segment | Separators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders, Other Equipment |
| Key market players worldwide | Canadian Pacific Kansas City Ltd, American Baler Company, Marathon Digital Holdings Inc, Danieli & C. Officine Meccaniche SpA ADR, Metso Corp, Sunny Optical Technology (Group) Co Ltd ADR, Recycling Equipment Manufacturing, General Kinematics, Eldan Recycling, ForRec Srl, BHS-Sonthofen, LEFORT |
Other key industry trends
- In terms of revenue, UAE accounted for 1.1% of the global recycling equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia recycling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 813.8 million by 2030.
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE recycling equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycling equipment market will help companies and investors design strategic landscapes.
Baler press was the largest segment with a revenue share of 24.56% in 2023. Horizon Databook has segmented the UAE recycling equipment market based on baler press, shredders, granulators, agglomerators, shears, separators, extruders, other equipment covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IMF, GDP of the U.A.E. has contracted by 5.9% in 2020. The strategic location of the U.A.E. between Asia, Africa, and Europe has enabled companies to use Dubai as a hub for trading in Africa.
Furthermore, many Indian traders prefer Emirates as the middle ground for trading globally, whereas, western companies use Dubai as a hub for the Middle Eastern market. And the Latin Americans approach the country as a launching platform into South Asia.
The IMF raised the U.A.E.'s 2021 economic growth prediction to 3.1 %, citing the country’s response to the COVID-19 outbreak. In the next nine years, the country is expected to launch 50 new economic initiatives to strengthen competitiveness and attract USD 150 billion in foreign direct investments.
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Target buyers of UAE recycling equipment market databook
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Our clientele includes a mix of recycling equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into UAE recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE recycling equipment market size, by equipment, 2018-2030 (US$M)
UAE Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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