Stringent regulations mandating responsible e-waste disposal
drive the market by compelling businesses to comply with
environmental standards. These initiatives promote recycling,
reduce environmental impact, and ensure proper management of
electronic waste, shaping industry practices and driving demand for
e-waste disposal services.
WILMINGTON, Del., April 26,
2024 /PRNewswire/ -- Allied Market Research published
a report, titled, "E-waste Disposal
Market by Material (Metal, Plastic, Glass, Others), by
Source (Household Appliances, IT and Telecommunication, Consumer
Electronics, Others): Global Opportunity Analysis and Industry
Forecast, 2024-2032". According to the report, the e-waste
disposal market was valued at $64.4
billion in 2023, and is estimated to reach $198.5 billion by 2032, growing at a CAGR of
13.6% from 2024 to 2032.
Download Research Report Sample & TOC:
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(We are providing report as per your research requirement,
including the Latest Industry Insight's Evolution, Potential and
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- 128 – Tables
- 51 – Charts
- 250 – Pages
Prime Determinants of Growth
The key drivers of the e-waste disposal market include rise in
consumer electronics consumption, stringent environmental
regulations, and increase in awareness of electronic recycling
opportunities. Moreover, innovative recycling technologies and
expanding global e-waste management infrastructure are expected to
provide lucrative opportunities for the growth of the e-waste
disposal market during the forecast period. However, challenges in
proper collection, logistics, and the presence of hazardous
substances in electronic waste limit the growth of the e-waste
disposal market.
Report Coverage & Details:
Report
Coverage
|
Details
|
Forecast
Period
|
2023–2032
|
Base Year
|
2023
|
Market Size in
2023
|
$64.4
billion
|
Market Size in
2032
|
$198.5
billion
|
CAGR
|
13.6 %
|
No. of Pages in
Report
|
250
|
Segments
Covered
|
Material, Source, and
Region
|
Drivers
|
Rise in Use of
Electronic Devices
Environmental Awareness
about Sustainable E-Waste Disposal
|
Opportunity
|
Technological
advancement
Embracing circular
economy initiatives
|
Restraint
|
Supply chain challenges
in the e-waste sector
|
The metal segment to maintain its leadership
status during the forecast period
On the basis of material, the metal segment held the highest
market share in 2023, accounting for nearly half of the global
e-waste disposal market revenue and is estimated to maintain its
leadership status during the forecast period. The metal segment is
expected to witness the fastest growth rate of 13.8% during the
forecast period owing to innovation and investment in recycling
technologies.
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The consumer electronics segment to maintain its
leadership status during the forecast period
On the basis of source, the consumer electronics segment held
the highest market share in 2023, accounting for more than half of
the global e-waste disposal market revenue and is estimated to
maintain its leadership status during the forecast period. The
consumer electronics segment is also projected to attain the
highest CAGR of 13.7% from 2024 to 2032 owing to rapid
technological advancements and shorter product lifecycles.
Asia-Pacific to maintain its
dominance by 2032
On the basis of region, Asia-Pacific held the highest market share in
terms of revenue in 2023, accounting nearly two-fifth of the
e-waste disposal industry revenue and expected to
manifest the highest CAGR of 13.9% from 2024 to 2032 owing to rise
in investments in Asia-Pacific
regarding sustainable waste management awareness of proper disposal
methods.
Leading Market Players:
- Desco Electronic Recyclers
- Aurubis AG
- Boliden Group
- MBA Polymers Inc.
- ERI
- Sims Limited
- Umicore Stena Metall AB
- Tetronics Environmental Technology Company
- MRI Technologies
The report provides a detailed analysis of these key players in
the global e-waste disposal market. These players have adopted
different strategies such as partnership, investment in R&D,
acquisition, mergers, and others to increase their market share and
maintain dominant shares in different regions. The report is
valuable in highlighting business performance, operating segments,
product portfolio, and strategic moves of market players to
showcase the competitive scenario.
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Key Benefits For Stakeholders:
- This e-waste disposal market report provides a quantitative
analysis of the market segments, current trends, estimations, and
dynamics of the e-waste disposal market analysis from 2023 to 2032
to identify the prevailing e-waste disposal market
opportunities.
- The e-waste recycling market research is offered along with
information related to e-waste disposal market growth drivers,
restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers
and suppliers to enable stakeholders make profit-oriented business
decisions and strengthen their supplier-buyer network.
- In-depth analysis of the e-waste disposal market segmentation
assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their
revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides
a clear understanding of the e-waste disposal market share by
company.
- The report includes the e-waste disposal market insights of the
regional as well as global e-waste disposal market trends, key
players, market segments, application areas, and E-waste disposal
growth drivers and strategies.
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Tables, and Figures) @
https://www.alliedmarketresearch.com/checkout-final/E-Waste-Disposal-Market
E-waste Disposal Market Key Segments:
By Material
- Metal
- Plastic
- Glass
- Others
By Source
- Household Appliances
- IT and Telecommunication
- Consumer Electronics
- Others
By Region:
- North America (U.S.,
Canada, and Mexico)
- Europe (UK, Germany, France, Russia, and Rest of Europe)
- Asia-Pacific (China, Japan,
India, Australia, South
Korea, and Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, and Rest of Latin America)
- Middle East and Africa (UAE, Saudi
Arabia, and Rest of Middle
East and Africa)
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