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Global E-Waste Management Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Jan 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Semiconductors and Electronics
  • Upcoming Report
  • Jan 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global E-Waste Management Market, By Processed Material (Metal, Plastic, Glass, Others), Source (Industrial Electronics, Consumer Electronics, Others), Application (Disposal, Recycle), Recycler Type (Glass Recycler, Metal Recycler, Plastic Recycler, Printed Circuit Board Recycler), Material Recovery (Metal, Plastic, Glass, Others) – Industry Trends and Forecast to 2030.

E- Waste Management Market

E- Waste Management Market Analysis and Size

Sustainability focuses on balance, namely the balance between the present and the future that is crucial to the existence of our world. Technology advancements have significantly increased the amount of garbage produced, particularly e-waste, whose treatment is currently an important topic. Certain legal regulations cover the handling of global e-waste. Extensive procedure responsibility (EPR) was taken into consideration to determine the global trend of its eradication. According to the UN, managing e-waste is anticipated to increase by over 33% during the following four years. Thanks to collaborations between leading companies such as HP, a Dell, and Cisco from China, Japan, and England and worldwide organizations such as solving the E-waste Problem, there are now greater opportunities for the e-waste management sector to thrive (Step).

Data Bridge Market Research analyses that the E-waste management market is expected to reach USD 167.22 billion by 2030, which is USD 63.79 billion in 2022, at a CAGR of 12.80% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

E- Waste Management Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Processed Material (Metal, Plastic, Glass, Others), Source (Industrial Electronics, Consumer Electronics, Others), Application (Disposal, Recycle), Recycler Type (Glass Recycler, Metal Recycler, Plastic Recycler, Printed Circuit Board Recycler), Material Recovery (Metal, Plastic, Glass, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

IBM (U.S.), SAP SE (Germany), SENSONEO (Slovakia), Enevo (China), Big Belly Solar, LLC. (U.S.), Ecube Labs Co., Ltd. (South Korea), Urbiotica (Spain), WAVIoT (U.S.), Pepperl+Fuchs (India) Pvt. Ltd. (India), OnePlus Systems Inc (China), Covanta Holding Corporation (U.S.), RecycleSmart Solutions. (Canada), Veolia (France), Republic Services, Inc. (U.S.), Enerkem (Canada), Building Research Establishment Ltd (U.K.), and SUEZ (France)

Market Opportunities

  • Upgradation in  latest technologies
  • Increasing collaboration between top e-waste management firm

Market Definition

E-waste is any abandoned electrical or electronic equipment. This covers both functional and damaged things that are discarded in the trash or given to a charity retailer like Goodwill. If a product isn't purchased in the store, it's frequently thrown away. The hazardous compounds that naturally leak from the metals in e-waste when it is buried make it extremely risky.

E- Waste Management Market Dynamics

Drivers

  • Increasing government regulations and policies to manage e-waste

Many rules and policies are being implementing by governments all over the world to manage e-waste efficiently. For instance, the Ministry of Environment, Forests and Climate Change in India has legislated that manufacturers of electronic devices be accountable for recycling and lowering the amount of e-waste in the nation. Several other strategies are also being used, such as adjustments to the production process, renewable resources, and eco-friendly packaging alternatives, to reduce the amount of e-waste. Household appliances make up a sizable amount of the world's e-waste. As a result pf this, effective rules must now be developed to manage enormous amounts of e-waste. Many countries mandate manufacturers and importers to gather electronic products for end-of-life management. Manufacturers might choose to recycle their own electrical waste or repurpose it. For instance, the Home Appliances Recycling Law in Japan mandates that users of appliances such as air conditioners, refrigerators and washing machines deliver them to stores so that they can send them to businesses. These laws are encouraging an environment where e-waste recycling is possible. Therefore, the increasing government regulations and policies to manage e-waste is expected to drive the market's growth rate.

Opportunities

  • Upgradation in  latest technologies

Manufacturers in the electronics industry are attempting to provide consumer electronics, electrical, and electronic devices with shorter lifespans, which is driving up demand for e-waste treatment and create numerus opportunities for the market growth. As more people upgrade to the newest technology, opportunities for producers in the e-waste management sector are growing. To reduce the threats to the environment and pollution from e-waste, a number of market participants are making substantial efforts to recycle it.

  • Increasing collaboration between top e-waste management firm

The leading e-waste management company has partnered with Audi to improve battery recycling, marking a significant milestone. With the creation of a closed loop for the components made of reusable high-voltage batteries, the companies have successfully finished the first phase of their targeted research collaboration. In addition, efforts are being made to include valuable materials in the raw materials bank, which is projected to enhance the market's chances for growth in e-waste management.

Restraints

  • Lack of Recycling Technologies in many Countries

The lifespan of electronic gadgets is getting shorter da by day which aids in the manufacturing of inexpensive and accessible products. People are choosing to buy new devices rather mending existing ones because they are substantially less expensive. People regularly switch their old devices for new ones in order to stay current with market trends. This is producing a lot of e-waste and contributing to pollution issues. Additionally, the environment is becoming more toxic due to landfills, seepage of mercury and lead, and the waste of resources like gold, copper, platinum, lithium, and silver, which are needed to make circuits and parts. Such waste could result in a shortage of resources. These metals can be recycled and are recoverable, but the lack of innovation in recycling methods is impeding the recovery. All these above mentioned factors are hampered the market growth during the forecast period.

This E-waste management market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the E-waste management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In 2022, ERI, a leading recycler of cybersecurity and electronic intensive hardware destruction Company, collaborated with Redrock Environmental Group. With this collaboration, they provide residents of Madera County with a suitable way to recycle unwanted consumer electronics correctly.
  • In 2022, TES, an IT Asset Disposal and e-waste firm, has traded its European trade operations concerned with the recycling of e-scrap which is controlled by extended manufacturer responsibility program.

Global E- Waste Management Market Scope

The E-waste management market is segmented based on the processed material, source, application, recycler type and material recovery. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Processed Material

  • Metal
  • Copper
  • Steel
  • Others
  • Plastic
  • Glass
  • Others

Source

  • Industrial Electronics
  • IT & Telecom Equipment
  • Datacenters
  • Networking Cards/Equipment
  • Digital Boards
  • Others

Medical Equipment Equipment

  • Monitoring and Control Equipment
  • Others
  • Consumer Electronics

Household Appliances

  • Refrigerator
  • Television
  • Others

Handheld Electronics

  • Smartphones
  • Tablets
  • Wearables
  • Others

IT Accessories

  • Keyboards
  • Mice
  • Laptops Cases
  • USD memory Sticks
  • Others

IT Equipment

  • Desktops
  • Laptops
  • Netbooks
  • Others

PCBs

  • High-grade
  • Medium-grade
  • Low-grade
  • Others

 Application

  • Disposal
  • Reuse
  • Landfill
  • Incineration
  • Recycle

Recycler Type

  • Glass Recycler
  • Metal Recycler
  • Plastic Recycler
  • Printed Circuit Board Recycler

Material Recovery

  • Metal
  • Plastic
  • Glass
  • Others

E- Waste Management Market Regional Analysis/Insights

The E-waste management market is analyzed and market size insights and trends are provided by country, processed material, source, application, recycler type and material recovery as referenced above.

The countries covered in the E-waste management market report are report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the E-waste management market in revenue growth owing to the increase in the disposable income in advanced countries. Moreover, the continuous decrease in the expenses of the electronic products will further surge the growth of the market in this region. 

Middle East and Africa is projected to be the fastest developing region during the forecast period of 2023-2030 owing to the growth in the illegal dumping of e-waste from evolving countries.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and E- Waste Management Market Share Analysis

The E-waste management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to E-waste management market.

Some of the major players operating in the E-waste management market are:

  • IBM (U.S.)
  • SAP SE (Germany)
  • SENSONEO (Slovakia)
  • Enevo (China)
  • Big Belly Solar, LLC. (U.S.)
  • Ecube Labs Co., Ltd. (South Korea)
  • Urbiotica (Spain)
  • WAVIoT (U.S.)
  • Pepperl+Fuchs (India) Pvt. Ltd. (India)
  • OnePlus Systems Inc (China)
  • Covanta Holding Corporation (U.S.)
  • RecycleSmart Solutions. (Canada)
  • Veolia (France)
  • Republic Services, Inc. (U.S.)
  • Enerkem (Canada)
  • Building Research Establishment Ltd (U.K.)
  • SUEZ (France)


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Frequently Asked Questions

The market value for E-waste management market in 2022 is USD 63.79 billion.
The market is expected to grow at a rate of the market is 12.80% during the forecast period of 2023 to 2030.
The market segments covered in the E-Waste Management Market are processed material, source, application, recycler type, and material recovery.
Middle East and Africa is projected to be the fastest developing region during the forecast period of 2023-2030 owing to the growth in the illegal dumping of e-waste from evolving countries.