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E-waste Disposal Market Size, Share & Trends Analysis Report By Material, By Source (Consumer Electronics, IT & Telecommunication, Household Appliances, and Others), By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • May 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5976256
The Global E-waste Disposal Market size is expected to reach $172.1 billion by 2031, rising at a market growth of 13.4% CAGR during the forecast period.

In Asia-Pacific countries like Japan and South Korea, where technological advancements and high rates of electronic device consumption are prevalent, there has been a heightened awareness of the environmental impact of e-waste. Thus, the Asia-Pacific region acquired $25,186.2 million revenue in 2023. Governments and industry associations in these countries have launched campaigns to educate the public about the importance of recycling e-waste and the potential hazards of improper disposal.



Advancements in recycling technologies and processes have made it more feasible to extract valuable materials from electronic waste. One of the significant advancements is the development of advanced sorting and separation technologies. As a result, the market is experiencing significant global growth, driven by technological advancements promoting sustainability and resource conservation. Additionally, the rapid expansion of the electronic industry has been a defining characteristic of the global economy in recent decades, driven by several key factors that have contributed to its growth and evolution. Thus, the exponential growth of the electronic industry underscores the necessity for robust e-waste disposal services and emphasizes the urgent need for comprehensive strategies to tackle the escalating challenges posed by electronic waste on a global scale.

However, E-waste disposal and recycling represent a complex and financially demanding process, presenting significant challenges for businesses, particularly smaller organizations lacking dedicated resources or expertise in waste management. Hence, these cost and complexity barriers can significantly deter market entry and growth in the market.

Driving and Restraining Factors

Drivers
  • Rising awareness of environmental impact
  • Technological innovations in e-waste recycling
  • Rapid expansion of the electronic industry
Restraints
  • Constraints about cost and complexity
  • Limited awareness among consumers and businesses
Opportunities
  • Rising number of CSR initiatives
  • Rapid technological adoption due to urbanization
Challenges
  • Significant hurdles posed by logistical challenges
  • Regulatory challenges faced by e-waste disposal service providers

Source Outlook

On the basis of source, the market is divided into household appliances, IT & telecommunication, consumer electronics, and others. The consumer electronics segment acquired 51.4% revenue share in the market in 2023. Consumer electronics, such as smartphones, laptops, tablets, and televisions, are widely used and frequently replaced as new models and technologies emerge. This results in many electronic devices being discarded annually, contributing significantly to e-waste generation. Advancements in recycling technologies have made extracting valuable materials from consumer electronics more feasible and cost-effective, driving the growth of the market.



Material Outlook

Based on material, the market is segmented into metal, plastic, glass, and others. The plastic segment procured a 26% revenue share in the market in 2023. E-waste often contains plastic components such as casings, cables, and circuit boards. Recycling these plastics reduces the volume of waste sent to landfills, alleviating the strain on landfill capacities and reducing environmental pollution. Recycling plastic requires less energy than producing new plastic from raw materials. This leads to lower greenhouse gas emissions and contributes to energy conservation efforts.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered a 30% revenue share in the market in 2023. North America, particularly the United States and Canada, generates a significant volume of electronic waste due to high technology adoption rates, frequent device upgrades, and a large population. This creates a substantial market for e-waste disposal and recycling services. Growing awareness of environmental issues, pollution concerns, and the impact of improper e-waste disposal has led to increased demand for sustainable and environmentally friendly e-waste management practices.

List of Key Companies Profiled

  • Sims Limited
  • Umicore N.V.
  • Boliden AB
  • MBA Polymers Inc
  • Tetronics Technologies Limited
  • Veolia Environnement S.A.
  • Desco Electronic Recyclers
  • Electronic Recyclers International, Inc.
  • Stena Metall AB
  • AURUBIS AG

Market Report Segmentation

By Material
  • Metal
  • Plastic
  • Glass
  • Others
By Source
  • Consumer Electronics
  • IT & Telecommunication
  • Household Appliances
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global E-waste Disposal Market, by Material
1.4.2 Global E-waste Disposal Market, by Source
1.4.3 Global E-waste Disposal Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global E-waste Disposal Market by Material
4.1 Global Metal Market by Region
4.2 Global Plastic Market by Region
4.3 Global Glass Market by Region
4.4 Global Others Market by Region
Chapter 5. Global E-waste Disposal Market by Source
5.1 Global Consumer Electronics Market by Region
5.2 Global IT & Telecommunication Market by Region
5.3 Global Household Appliances Market by Region
5.4 Global Others Market by Region
Chapter 6. Global E-waste Disposal Market by Region
6.1 North America E-waste Disposal Market
6.1.1 North America E-waste Disposal Market by Material
6.1.1.1 North America Metal Market by Country
6.1.1.2 North America Plastic Market by Country
6.1.1.3 North America Glass Market by Country
6.1.1.4 North America Others Market by Country
6.1.2 North America E-waste Disposal Market by Source
6.1.2.1 North America Consumer Electronics Market by Country
6.1.2.2 North America IT & Telecommunication Market by Country
6.1.2.3 North America Household Appliances Market by Country
6.1.2.4 North America Others Market by Country
6.1.3 North America E-waste Disposal Market by Country
6.1.3.1 US E-waste Disposal Market
6.1.3.1.1 US E-waste Disposal Market by Material
6.1.3.1.2 US E-waste Disposal Market by Source
6.1.3.2 Canada E-waste Disposal Market
6.1.3.2.1 Canada E-waste Disposal Market by Material
6.1.3.2.2 Canada E-waste Disposal Market by Source
6.1.3.3 Mexico E-waste Disposal Market
6.1.3.3.1 Mexico E-waste Disposal Market by Material
6.1.3.3.2 Mexico E-waste Disposal Market by Source
6.1.3.4 Rest of North America E-waste Disposal Market
6.1.3.4.1 Rest of North America E-waste Disposal Market by Material
6.1.3.4.2 Rest of North America E-waste Disposal Market by Source
6.2 Europe E-waste Disposal Market
6.2.1 Europe E-waste Disposal Market by Material
6.2.1.1 Europe Metal Market by Country
6.2.1.2 Europe Plastic Market by Country
6.2.1.3 Europe Glass Market by Country
6.2.1.4 Europe Others Market by Country
6.2.2 Europe E-waste Disposal Market by Source
6.2.2.1 Europe Consumer Electronics Market by Country
6.2.2.2 Europe IT & Telecommunication Market by Country
6.2.2.3 Europe Household Appliances Market by Country
6.2.2.4 Europe Others Market by Country
6.2.3 Europe E-waste Disposal Market by Country
6.2.3.1 Germany E-waste Disposal Market
6.2.3.1.1 Germany E-waste Disposal Market by Material
6.2.3.1.2 Germany E-waste Disposal Market by Source
6.2.3.2 UK E-waste Disposal Market
6.2.3.2.1 UK E-waste Disposal Market by Material
6.2.3.2.2 UK E-waste Disposal Market by Source
6.2.3.3 France E-waste Disposal Market
6.2.3.3.1 France E-waste Disposal Market by Material
6.2.3.3.2 France E-waste Disposal Market by Source
6.2.3.4 Russia E-waste Disposal Market
6.2.3.4.1 Russia E-waste Disposal Market by Material
6.2.3.4.2 Russia E-waste Disposal Market by Source
6.2.3.5 Spain E-waste Disposal Market
6.2.3.5.1 Spain E-waste Disposal Market by Material
6.2.3.5.2 Spain E-waste Disposal Market by Source
6.2.3.6 Italy E-waste Disposal Market
6.2.3.6.1 Italy E-waste Disposal Market by Material
6.2.3.6.2 Italy E-waste Disposal Market by Source
6.2.3.7 Rest of Europe E-waste Disposal Market
6.2.3.7.1 Rest of Europe E-waste Disposal Market by Material
6.2.3.7.2 Rest of Europe E-waste Disposal Market by Source
6.3 Asia Pacific E-waste Disposal Market
6.3.1 Asia Pacific E-waste Disposal Market by Material
6.3.1.1 Asia Pacific Metal Market by Country
6.3.1.2 Asia Pacific Plastic Market by Country
6.3.1.3 Asia Pacific Glass Market by Country
6.3.1.4 Asia Pacific Others Market by Country
6.3.2 Asia Pacific E-waste Disposal Market by Source
6.3.2.1 Asia Pacific Consumer Electronics Market by Country
6.3.2.2 Asia Pacific IT & Telecommunication Market by Country
6.3.2.3 Asia Pacific Household Appliances Market by Country
6.3.2.4 Asia Pacific Others Market by Country
6.3.3 Asia Pacific E-waste Disposal Market by Country
6.3.3.1 China E-waste Disposal Market
6.3.3.1.1 China E-waste Disposal Market by Material
6.3.3.1.2 China E-waste Disposal Market by Source
6.3.3.2 Japan E-waste Disposal Market
6.3.3.2.1 Japan E-waste Disposal Market by Material
6.3.3.2.2 Japan E-waste Disposal Market by Source
6.3.3.3 India E-waste Disposal Market
6.3.3.3.1 India E-waste Disposal Market by Material
6.3.3.3.2 India E-waste Disposal Market by Source
6.3.3.4 South Korea E-waste Disposal Market
6.3.3.4.1 South Korea E-waste Disposal Market by Material
6.3.3.4.2 South Korea E-waste Disposal Market by Source
6.3.3.5 Singapore E-waste Disposal Market
6.3.3.5.1 Singapore E-waste Disposal Market by Material
6.3.3.5.2 Singapore E-waste Disposal Market by Source
6.3.3.6 Malaysia E-waste Disposal Market
6.3.3.6.1 Malaysia E-waste Disposal Market by Material
6.3.3.6.2 Malaysia E-waste Disposal Market by Source
6.3.3.7 Rest of Asia Pacific E-waste Disposal Market
6.3.3.7.1 Rest of Asia Pacific E-waste Disposal Market by Material
6.3.3.7.2 Rest of Asia Pacific E-waste Disposal Market by Source
6.4 LAMEA E-waste Disposal Market
6.4.1 LAMEA E-waste Disposal Market by Material
6.4.1.1 LAMEA Metal Market by Country
6.4.1.2 LAMEA Plastic Market by Country
6.4.1.3 LAMEA Glass Market by Country
6.4.1.4 LAMEA Others Market by Country
6.4.2 LAMEA E-waste Disposal Market by Source
6.4.2.1 LAMEA Consumer Electronics Market by Country
6.4.2.2 LAMEA IT & Telecommunication Market by Country
6.4.2.3 LAMEA Household Appliances Market by Country
6.4.2.4 LAMEA Others Market by Country
6.4.3 LAMEA E-waste Disposal Market by Country
6.4.3.1 Brazil E-waste Disposal Market
6.4.3.1.1 Brazil E-waste Disposal Market by Material
6.4.3.1.2 Brazil E-waste Disposal Market by Source
6.4.3.2 Argentina E-waste Disposal Market
6.4.3.2.1 Argentina E-waste Disposal Market by Material
6.4.3.2.2 Argentina E-waste Disposal Market by Source
6.4.3.3 UAE E-waste Disposal Market
6.4.3.3.1 UAE E-waste Disposal Market by Material
6.4.3.3.2 UAE E-waste Disposal Market by Source
6.4.3.4 Saudi Arabia E-waste Disposal Market
6.4.3.4.1 Saudi Arabia E-waste Disposal Market by Material
6.4.3.4.2 Saudi Arabia E-waste Disposal Market by Source
6.4.3.5 South Africa E-waste Disposal Market
6.4.3.5.1 South Africa E-waste Disposal Market by Material
6.4.3.5.2 South Africa E-waste Disposal Market by Source
6.4.3.6 Nigeria E-waste Disposal Market
6.4.3.6.1 Nigeria E-waste Disposal Market by Material
6.4.3.6.2 Nigeria E-waste Disposal Market by Source
6.4.3.7 Rest of LAMEA E-waste Disposal Market
6.4.3.7.1 Rest of LAMEA E-waste Disposal Market by Material
6.4.3.7.2 Rest of LAMEA E-waste Disposal Market by Source
Chapter 7. Company Profiles
7.1 Sims Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Acquisition and Mergers:
7.1.5 SWOT Analysis
7.2 Umicore NV-SA
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 SWOT Analysis
7.3 Boliden AB
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 MBA Polymers Inc
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Tetronics Technologies Limited
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Veolia Environnement S.A.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 Desco Electronic Recyclers
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Electronic Recyclers International, Inc.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Stena Metall AB
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.5 SWOT Analysis
7.10. AURUBIS AG
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Acquisition and Mergers:
7.10.6 SWOT Analysis
Chapter 8. Winning imperatives of E-waste Disposal Market

Companies Mentioned

  • Sims Limited
  • Umicore N.V.
  • Boliden AB
  • MBA Polymers Inc
  • Tetronics Technologies Limited
  • Veolia Environnement S.A.
  • Desco Electronic Recyclers
  • Electronic Recyclers International, Inc.
  • Stena Metall AB
  • AURUBIS AG

Methodology

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