Menu ×

ELECTRONICS & SMART DEVICES

Electronic Waste Management Market Segmentation by Treatment (Recycling, Landfills, and Others); by Material Type (Metal, Glass, Plastic, and Others); by Source (Household Appliances, Commercial Devices, Industrial Devices, and Others)– Global Demand Analysis & Opportunity Outlook 2030

  • Text Size:

Extensive insights into the Growth of Electronic Waste Management Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

IN THE NEWS

  • November, 2020: Electronic Recyclers International, Inc. announced their collaboration with Electronics Brand TCL, MRM and Fresno County for Safe Electronics Recycling.

Global Electronic Waste Management Market Highlights over 2022-2030

The global electronic waste management market is estimated to garner sizeable revenue by growing at a moderate CAGR over the forecast period, i.e., 2022–2030. The growth of the market can be attributed to the increasing generation of e-waste backed by rapid global digitalization and adoption of electronic appliance in every aspect of life. In 2019, more than 50 million metric tons of e-waste was generated globally. Improper and irresponsible disposal of e-waste can be hazardous to living organism. For instance, open disposal of lead in the environment can cause various diseases, including kidney and neurological disorders caused by lead poisoning. Moreover, various precious metals are used in electronic parts, which are obtained by expensive and extensive mining activities. These metals can be recycled, which will not only cut the costs, but also positively impact the environment. These factors are estimated to boost the market growth. In addition to this, growing government initiatives to control climatic issues caused by e-waste, is also estimated to boost the market growth. For instance, Environment Protection Agency (EPA) launched the UNIDO-GEF project for the management of Waste of Electronic or Electrical Equipment (WEEE) in March 2019.

Electronic Waste Management Market

The global electronic waste management market is segmented by source into household appliances, commercial devices, industrial devices, and others, out of which, the commercial devices segment is anticipated to hold the largest share in the market during the forecast period on account of large volume of e-waste produced in the commercial sector. Increasing use of computers, AC, and other electronic gadgets in commercial places such as, offices, banks, and malls generates a huge amount of electronic-waste, which is estimated to boost the segment growth. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research Expenditure

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Electronic Waste Management Market Regional Synopsis

Regionally, the global electronic waste management market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America region is estimated to garner largest share over the forecast period on the back of increasing generation of e-waste backed by constant innovation in technology, launch of new products, and growing sale of electronic products in countries, such as, Canada, and U.S. Moreover, government initiatives to promote e-waste management is also estimated to boost the market growth.

The market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period owing to the large number of consumer electronics manufacturers in the developing countries, such as, Japan, China, and India. Moreover, increasing population of tech-savvy generation is also expected to boost the market growth.

Electronic Waste Management Market

The global electronic waste management market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global electronic waste management market includes the following segments:

By Treatment

  • Recycling
  • Landfills
  • Others

By Material Type

  • Metal
  • Glass
  • Plastic
  • Others

By Source

  • Household Appliances
  • Commercial Devices
  • Industrial Devices
  • Others

Growth Drivers

  • Increasing Generation of Electronic Waste
  • Growing Awareness Regarding the Environmental Impact of E-Waste

Challenges

  • Lack of Proper Infrastructure for Recycling

Top Featured Companies Dominating the Market

  • WM Intellectual Property Holdings, L.L.C
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Capital Environment Holdings Limited
  • Aurubis AG
  • Boliden Group
  • Eniro-Hub Holdings Ltd.
  • Umicore
  • MBA Polymers Inc.
  • Electronic Recyclers International, Inc.
  • Sims Limited
  • Stena Metall Group

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved