E-Waste Recycling and Reuse Services Market Report 2025

The E-waste recycling and reuse services market size has grown strongly in recent years. It will grow from $1.8 billion in 2024 to $1.98 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to increasing consumer electronics ownership, government regulations, environmental awareness, corporate sustainability initiatives, and precious metal recovery.

The E-waste recycling and reuse services market size is expected to see strong growth in the next few years. It will grow to $2.8 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to circular economy initiatives, extended producer responsibility, 5g technology adoption, e-waste from electric vehicles, global e-waste management standards, and smart device recycling. Major trends in the forecast period include innovations in recycling technologies, public and private sector partnerships, rapid technological advancements, consumer education initiatives, refurbishment, and e-waste data security.

The expected increase in E-waste generation is anticipated to drive the growth of the e-waste recycling and reuse services market. E-waste, which denotes electronic waste, encompasses any discarded electrical and electronic equipment (EEE) and their components abandoned as waste by owners without any intention of reuse. These services offer responsible and convenient avenues for the disposal of electronic devices, encouraging individuals and businesses to recycle their outdated or obsolete electronics instead of disposing of them in landfills. For example, the Global Transboundary E-waste Flows Monitor 2022 report by the United Nations Institute for Training and Research (UNITAR) predicts that global E-waste generation will surpass 74 metric tons by 2030, representing 9 KG of e-waste generation per capita, and could reach as much as 110 metric tons by 2050. Hence, the anticipated surge in E-waste generation will be a driving force for the e-waste recycling and reuse services market.

The growing prevalence of consumer electronics is expected to contribute to the advancement of the e-waste recycling and reuse services market in the foreseeable future. Consumer electronics encompass electrical devices designed for personal or family use, serving purposes such as personal entertainment, communication, work efficiency, and various other applications. The increasing number of electronic devices not only leads to an upsurge in e-waste but also presents opportunities for effective recycling and reuse processes. As an illustration, in February 2023, Lenovo, the world's leading PC seller, delivered nearly 17 million laptops in the third quarter of 2022, surpassing shipments from HP (12.71 million), Apple (5.8 million), and Dell (12.02 million), according to Earthweb Inc., a US-based blog covering computer safety, blockchain technology, social networking sites, and marketing-oriented research into autonomous technology. Consequently, the growing use of consumer electronics is a significant driver for the e-waste recycling and reuse services market.

Technological advancements represent a significant trend gaining traction in the E-waste recycling and reuse services market. Leading companies in this sector are actively pursuing the development of innovative solutions to enhance their market positioning. For example, in August 2022, the REMADE Institute, a collaborative initiative in the US formed by the Department of Energy for economic development, unveiled a new technology license featuring a groundbreaking method for recovering precious metals from discarded electronics more efficiently and cost-effectively. The utilization of gas-assisted microflow solvent extraction (GAME) in low-concentration metal recovery from complex streams provides a more economical means of reclaiming precious metals, enabling manufacturers to repurpose them from various electronic wastes slated for disposal.

Major players in the e-waste recycling and reuse services market are embracing a strategic partnership approach to foster environmental awareness and promote environmentally friendly resource management for e-waste. Strategic partnerships involve companies leveraging each other's strengths and resources for mutual benefits and success. For instance, in July 2022, ALBA E-Waste Smart Recycling Pte Ltd., a waste management and recycling company based in Singapore, announced a partnership with the Institute of Technical Education (ITE), a Singapore-based post-secondary education institution and statutory board. The collaboration aims to enhance environmental education for sustainable resource management in e-waste. The partnership's objectives include jointly raising awareness and fostering acceptance of the circular economy in resource sustainability within e-waste management, aligned with the legislative rules of the Resource Sustainability Act (RSA) 2019. The collaboration involves working on curriculum development and offering joint certification to promote the management of electrical and electronic equipment waste among students, educators, companies, and the general public through an online platform. Additionally, the partnership seeks to facilitate industry connections, both locally and internationally, to enhance workforce learning and training.

In February 2022, SK Ecoplant, a construction engineering company and environmental services provider based in South Korea, completed the acquisition of TES for $1 billion. This acquisition marks a substantial milestone for SK Ecoplant, enabling its global expansion into the environmental services market. It is poised to optimize synergies, particularly in battery recycling and plastics innovation, fostering significant advancements aligned with TES's existing business strategy for robust growth. TES, headquartered in Singapore, specializes in providing sustainable technology services for devices throughout their entire lifecycle, from deployment to decommissioning and disposal.

Major companies operating in the E-waste recycling and reuse services market include Dell Technologies Inc., International Business Machines Corporation, Veolia Environnement S.A., Hewlett-Packard Enterprise Company, Aurubis AG, Waste Management Inc., Boliden AB, Sembcorp Industries Ltd., Umicore N.V., Sims Lifecycle Services Inc., GEEP (Global Electric Electronic Processing) Inc., Enviro-Hub Holdings Ltd., Electronic Recyclers International Inc., MRI technologies, Raw Materials Company Inc., Stena Technoworld AB, Dataserv Inc., Call2Recycle Inc., GreenTek Solutions LLC, MBA Polymers Inc., AER Worldwide, Tetronics Ltd., Arrow Scrap Corp., GreenChip Inc., Eco Recycling Ltd., TES Co. Ltd., Maven Technologies LLC, Ecotech Services Limited, E-Waste Express.

Asia-Pacific was the largest region in the E-waste recycling and reuse services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the e-waste recycling and reuse services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the e-waste recycling and reuse services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

E-waste recycling and reuse services involve the efficient management and processing of discarded or outdated electrical and electronic equipment to recover valuable resources and mitigate environmental hazards. These services play a crucial role in reducing the ecological impact of electronic waste and promoting sustainable resource management by extracting useful materials and eliminating the improper disposal of hazardous waste.

The primary categories of E-waste recycling and reuse services include household appliances, consumer electronics, and industrial electronics. Household appliances encompass electrical equipment used in residences for various tasks, such as cooking, cleaning, and entertainment. These services involve the processing of diverse materials such as metals, plastic, glass, among others, with the goal of appropriately disposing of and recycling electronic waste.

The E-waste recycling and reuse services market research report is one of a series of new reports that provides e-waste recycling and reuse services market statistics, including e-waste recycling and reuse services industry global market size, regional shares, competitors with e-waste recycling and reuse services market share, detailed e-waste recycling and reuse services market segments, market trends and opportunities, and any further data you may need to thrive in the e-waste recycling and reuse services industry. This e-waste recycling and reuse services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The E-waste recycling and reuse services market includes revenues earned by entities by providing services such as mechanical recycling, energy recycling, and chemical recycling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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