Global Market Size, Forecast, and Trend Highlights Over 2025-2037
E-Waste Management Market size is likely to expand from USD 79.76 billion in 2024 to USD 525.09 billion by 2037, reflecting a CAGR of around 15.6% during the forecast timeline, from 2025 to 2037. Currently in 2025, the industry revenue of e-waste management is estimated at USD 88.47 billion.
These gadgets have a trend to expire very easily, as small damage is enough to make them count in as waste. The surge in demand for electronic gadgets and the reduced lifecycle of these products is therefore anticipated to drive the need for e-waste processes, and in turn, contribute to the growth of the global e-waste management market. India's demand for laptops and tablets is anticipated to increase between 2020 and 2023 at an annualized rate of 3%. Up to 2019, the market for laptops and tablets expanded by just over 2%. Moreover, in Western Europe, laptop sales increased by 38%, majorly indicating a higher demand from students who are associated with different educational backgrounds.
Besides this, the incessant generation of electronic waste all across the world is expected to propel market growth. Globally, e-waste production exceeds 50 million metric tons annually or around seven pounds per person. Furthermore, inadequate management of electronic waste and its negative impact on the environment is to boost the demand for better e-waste management. According to the most recent estimates, only 17.4% of the e-waste created in 2019 reached legitimate management or recycling facilities; the remainder was illegally discarded, and it is mostly done in low or middle-income countries. Moreover, between 2014 and 2020, greenhouse gas emissions from electronic gadgets and garbage linked with them grew by 53%, including 580 metric tons of carbon dioxide just in 2020.
E-Waste Management Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing Demand for Household Electronics- The demand for electronic items such as refrigerators, smart refrigerators, washing machines, microwaves, and others are continuously rising owing to a rise in the annual per capita income, which is expected to create opportunities for market growth in the coming years. Each year, around 215 million refrigerators are sold worldwide, bringing in more than 125 billion dollars from sales.
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Upsurge in the Use of Mobile Phones - Global smartphone usage approximately reached 7 billion users in 2022, registering a growth of 5 percent annually. Additionally, the smartphone penetration rate is expected to reach about 85% by 2023.
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Rising Demand for Electronics and Smart Devices - The need for laptops and computers has been driven majorly by the corporate sector around the globe. This demand is further boosted by work from home situation imposed as a result of the COVID-19 pandemic. Around 300 million laptops were shipped in 2021, together with almost 160 million tablet computers.
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Higher Generation of Electronic Waste- Owing to the rising usage of electronic items, is boosting electronic waste generation. In 2020, around 55 million metric tons were generated 2019, moreover, about 75 million metric tons of e-waste is to be generated by 2030.
Challenges
- Lack of Proper Framework for Collection of Recycling Wastes - Everything from televisions to flashlights, CD players, and VCRs are considered electronic garbage, commonly referred to as end-of-life (EOL) electronic gadgets. Cell phones, toys, large and small appliances, and electronics are all categorized as e-waste. Even though there are services available to recycle, refurbish, or responsibly discard these goods, a significant percentage of e-waste still ends up in a landfill. These are the few factors that are expected to impede the e-waste management market growth.
- Lack of Knowledge about the Proper Disposal of Discarded Electronics
- Higher Recycling Cost of Electronic Waste
E-Waste Management Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
15.6% |
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Base Year Market Size (2024) |
USD 79.76 billion |
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Forecast Year Market Size (2037) |
USD 525.09 billion |
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Regional Scope |
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E-Waste Management Segmentation
Source (Household Appliances, Commercial Devices, Industrial Devices)
The household appliances segment is predicted to account for significant share by 2037. Households are the biggest users of electronic gadgets, so they also produce a large amount of e-waste. In 2022, the percentage of households with computers was almost 93% in the United States. Moreover, in the next 20 years, in India, people are expected to buy around 300 million air conditioners.
Material Type (Metal, Glass, Plastic)
The metal segment is predicted to hold the largest market share in the forecast period owing to dramatic changes in the electric industries and the growing use of electrical scraps and recycling & incineration of these materials that have received significant approvals in the recent years. Moreover, the lack of toxic waste discharge from cremation and scrap has enhanced the demand for efficient scrap management techniques as health problems including bronchial spasms, kidney damage, and other disorders are on the rise. Therefore, mechanical recycling and thermos-chemical procedures play a significant role in metal recovery from e-waste (MREW) technology.
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By Treatment |
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By Material Type |
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By Source |
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Customize this ReportE-Waste Management Industry - Regional Synopsis
North American Market Forecast
In e-waste management market, North American region is likely to hold substantial revenue share by 2037. The market growth in the region is attributed to the rising demand and sales of mobile phones followed by a rise in the per capita income in the region. For instance, in January 2022, the value of smartphones sold in the United States jumped by USD 1.7 billion, bringing total sales to USD 74.7 billion. In 2019, the US produced 6.92 million tons of electronic garbage, or 46 pounds per person. Only 15% of the material was recycled.
Europe Market Forecast
On the other hand, the market in Europe is expected to register a significant growth in the coming years. Electronic garbage including electronics and smartphones is among the fastest-growing electronic waste in Europe. E-waste recycling is important because of explosive growth in electronics and electrical equipment waste, high mining costs, and lack of valuable metals. A significant amount of overall garbage constitutes electronic and electric waste. Strict rules and regulations have been introduced in European countries taking into consideration the lack of land for waste disposal and rising pollution.
APAC Market Statistics
Asia Pacific is estimated to have the largest market share in the forecast period. Owing to continuous innovation and low-cost new products advancement had a substantial impact over the original life lifetime of electronic devices like computers or laptops. Sales of electronic devices over the past few years have generated a huge amount of e-waste in the region. More sales of electronic devices and failure to fix the damaged electronic devices are leading to the growth of more e-waste. Usually, the cost of repairing a device is more than the new product which forces people to buy a new product. However, multiple effective e-waste management treatments have been introduced from developed countries into developing countries including Pakistan, India, and China.
Companies Dominating the E-Waste Management Landscape
- WM Intellectual Property Holdings, L.L.C
- SWOT Analysis
- Regional Presence
- Recent Development
- Risk Analysis
- Key Performance Indicators
- Financial Performance
- Key Product Offerings
- Business Strategy
- Company Overview
- 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
In the News
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Electronic Recyclers International, Inc. announces the launch of a new battery collection solution, One Drum, in collaboration with Call 2Recycle and CellBlock FCS. It’s the industry’s first combined consumer battery collection item.
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SK ecoplant and Navis Capital Partners, a leading environmental service provider announced a 100% acquisition of TES. Through this acquisition, SK is to become a leader in the sustainable IT lifecycle services market.
Author Credits: Abhishek Verma
- Report ID: 3351
- Published Date: Mar 21, 2025
- Report Format: PDF, PPT
