Global Electronics Recycling Strategic Market Report 2023: Market to Reach $110.6 Billion by 2030 - Low Recycling Rates & Circular Approach Towards Electronics Gaining Momentum

News provided by

Sep 27, 2023, 19:45 ET

DUBLIN, Sept. 27, 2023 /PRNewswire/ -- The "Electronics Recycling - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Electronics Recycling Market to Reach $110.6 Billion by 2030

The global Electronics Recycling market is on a significant growth trajectory, with an estimated value of US$39.8 Billion in 2022, expected to reach US$110.6 Billion by 2030. This growth is driven by a robust compound annual growth rate (CAGR) of 13.6% during the analysis period from 2022 to 2030.

Historical data from 2014 to 2021 indicates a positive trend, further reinforcing the optimistic outlook for the market's future. Key materials in focus for recycling efforts include metals, plastics, and other materials.

The Electronics Recycling market encompasses a variety of equipment types, including consumer electronics, IT & telecom equipment, and more. This expansion is fueled by increasing environmental awareness and the growing demand for sustainable waste management practices.

The Metals segment is projected to achieve a remarkable 14.3% CAGR, reaching a valuation of US$80.3 Billion by the end of the analysis period. Similarly, the Plastics segment is expected to experience strong growth, with an estimated 12.4% CAGR over the next eight years.

This growth is not limited to a specific region but extends globally, covering regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

In the United States, the Electronics Recycling market is valued at approximately US$8.1 Billion in 2022. Meanwhile, China, as the world's second-largest economy, is projected to attain a market size of US$28.6 Billion by 2030, showcasing a robust CAGR of 17% during the period from 2022 to 2030.

Japan and Canada are among other noteworthy markets, with expected growth rates of 9.5% and 9.7%, respectively, over the 2022-2030 period. Within Europe, Germany is forecasted to grow at an impressive rate of approximately 13.3% CAGR. This data indicates a promising future for the Electronics Recycling market worldwide.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
COVID-19 Upends E-Waste Trends
Electronics Recycling to Gain as Halt to E-Waste Generation Appears Transitory
Electronics Recycling & IT Asset Disposition Players Mend Ways to Deal with COVID-19
YoY% Change in Consumption of Electronic and Electrical Devices: 2020 Vs 2019
Electronics Recycling: An Introduction
E-Waste Industry on Rise
Types of E-Waste
Typical Material Composition of Select Electrical and Electronic Equipment
E-Waste Piles Up in Offices amid the Transition to WFH Model
Busy Days for Electronics Recycling Facilities
Implications of E-Waste on Environment and Human Health
E-Waste Statistics
Flow of E-Waste Worldwide: 2020
Low Recycling Rates & Circular Approach towards Electronics
Global E-Waste Generated (in Million Metric Tons): 2015-2030P
Percentage Breakdown of E-Waste Volume by Geographic Region: 2019
E-Waste Generated per Inhabitant in Kg for Select Countries
Key Market Challenges
E-Waste Recycling and Opportunities
Outlook
Growth in Consumer Electronics Sector Fuels Electronics Recycling
Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
Geographic Market Analysis
Developing Countries to Drive Growth
Impact of Recycling E-Waste in Developing World
Competition
eScrap Recycling: A Consolidated Market
Startup Companies Gain Attention
Select Startups in e-waste Recycling Business
Recent Market Activity
Electronics Recycling - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

Increasing Smartphone Adoption Expands Opportunities for e-Scrap Recycling Market
Global Smartphone Shipments in Million Units: 2010-2021
Smartphone Adoption as Share of Total Population: 2016-2021
Smartphone Adoption Across Select Countries : 2020
Expanding IoT Ecosystem Provides Steady Demand Prospects
Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
Increase in Consumer Spending on Smart Home Gadgets Presents Growth Opportunities
Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
Recycling Approaches to Exploit Potential Deposits of E-Waste Lying in Landfills
Microfluidic Strategy to Push Recycling Rate
Leading Electronics Recycling Technology Trends
Major Technology Trends Innovating Electronics Recycling
Turning Electronic Waste into Power
Approaches for Recycling Precious Metals
Anaerobic Digestion & Enzymatic Activity
Techniques for Efficient Waste Collection, Routing & Disposal
Waste Management Apps
AI-Driven Robotics Helping in Overcoming Electronics Recycling Challenges
Shorter Lifespan of New Electronic Devices Adds to the Volume of E-Waste Generated
Average Lifespan (in Years) of Select Consumer Electronic Products
Wearables Manufacturers Focus on Effective EOL Strategies
Collaboration: Key to Profitable Recycling
Global Wearable Device Shipments in Million Units for the Years 2017, 2019, 2021, 2023, and 2025
Recyclers Collaborate with Device Manufacturers
Smaller and Thinner Devices Create Challenges for Recyclers
Device Manufacturers Focus on Recyclable Products
Other Innovative Technologies to Reduce E-Waste Generation
Rising Concerns over Environmental Implications of Plastics Waste Disposal Turns Focus onto Plastics Recycling
Plastic Waste Statistics: In a Nutshell
Global Percentage Breakdown of Plastic Waste Generation by End-Use Sector: 2021E
Challenges Confronting Total E-waste Elimination
Rapid Production of Large Quantum of E-Waste Makes Management a Key Challenge
Low Commodity Price Values - A Major Challenge
Low General Public Awareness Levels Thwarts Industry Efforts
Data Security: A Vital Aspect of E-waste Disposal
Developing Countries: The Common Destination for E-Waste Dumping
Strategies Likely to Tap Growth Opportunities in E-Waste Management
Regulatory Regime Paves Way for Recycling of Recycling of Electronics Products

FOCUS ON SELECT PLAYERS (Total 177 Featured)

Apple, Inc.
Boliden Group
Dowa Holdings Co., Ltd.
Aurubis AG
Adamec Recycling GmbH
AER Worldwide
All Green Electronics Recycling LLC
BRAL Reststoff-Bearbeitungs GmbH
CEAR, Inc.
Cerebra Integrated Technologies Ltd.
Cimelia Resource Recovery Pte., Ltd.
Cleanaway Waste Management Ltd.
Clean Earth, Inc.
A1 Assets, Inc.
Chiho Environmental Group Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/ncj4ol

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets