Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

E-Waste Management Market Size

The global e-waste management market size was around USD 70.1 billion in the year 2023. The market is estimated to grow at a CAGR of 11.8% between 2024 and 2032, reaching a value of nearly USD 195 billion by 2032.

 

Key Trends in the Market

E-waste or electronic waste is a term used to refer to old or discarded electronic gadgets, including phones, batteries, medical equipment, home appliances, computers, and televisions, among others. E-waste management is the process of properly disposing and managing this waste. The process involves the collection, transportation, recycling, refurbishing, and disposing of electronic waste in an environmentally friendly manner to reduce its negative impact on the environment and human health.

 

  • Modern technological advancements and digital revolution are contributing to developments in new electronic devices. As technologies keep getting updated, the products are becoming obsolete at a faster rate, thus generating e-waste in large amounts. As a result, developed and developing countries are focussing on the proper disposal and recycling of e-waste, thereby driving the e-waste management market demand.
  • Since e-waste contains valuable resources, such as gold, silver, and copper, that can be recovered and recycled, it reduces the need for new mining processes. As a result, it contributes to reduced pollution and lowering greenhouse gas emissions involved in the mining process.
  • Rising environmental consciousness and awareness regarding e-waste management’s role in lowering environmental pollution, conserving natural resources and energy, and promoting sustainability, is expected to favour the e-waste management market growth.

 

E-Waste Management Market Report Snapshots

E-Waste Management Market Size

E-Waste Management Market Analysis

E-Waste Management Market Share

E-Waste Management Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 70.1 billion.

The market is projected to grow at a CAGR of 11.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 195 billion by 2032.

The major market drivers include the rising adoption of digital consumer goods, environmental consciousness, the opportunity to recover metals for reuse, which reduces the need for energy-intensive mining, and a focus on a circular economy.

The key trends aiding the market expansion include governmental regulations to support e-waste management, the need to reduce e-waste in landfills, lowering the risk of environmental pollution, including soil and water pollution, and rising consumer demand for eco-friendly products with recycled materials.

The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The key processed materials involved in e-waste management are metal, plastic, and glass, among others.

The key players in the market are Umicore SA, Sembcorp Industries Ltd., Electronic Recyclers International, Inc., Sims Limited, Tetronics Environmental Waste Treatment, Veolia Environment SA, Enviro Hub Holdings Pte Ltd., Capital Environment Holdings Limited, Waste Management Holdings, Inc., and Desco Electronic Recyclers, among others.

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+84865399124

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