The global e-waste recycling & reuse services market expected to expand at a CAGR of 7.3% during the forecast period from 2018 to 2026. The information society worldwide is growing at a great speed and characterized by rapid technological advances that are driving innovation and social & economic development. This has led to increased ownership of ICT (Information & Communication) devices per person worldwide. With rapid technology advances, replacement cycles for these devices are becoming shorter. In addition, improving standard of living and growing disposable incomes have led to greater spending on electrical and electronic equipment than before, thereby generating more e-waste. Growing levels of e-waste, its improper treatment, and disposal through landfill and incineration is posing risks to human health and environment, thereby driving need for proper collection and recycling.
"Europe Dominates; Asia Pacific to Offer Strong Growth Opportunities"
In 2017, Europe was the largest e-waste recycling and reuse services market in terms of value contribution. Amongst all geographic regions, Europe registered highest e-waste collection rate (35%) in 2017. Comparatively greater e-waste collection and recycling rate in Europe is majorly due to stringent e-waste legislations and measureable collection & recycling infrastructure in the region. On the other hand, Asia Pacific is presumed to become the most attractive regional market for all value chain participants including collectors, de-manufacturers, material processors, recyclers and re-furbishers in the coming years. This anticipated growth opportunity will be due to strengthening of e-waste management legislations and booming consumer electronics industry in the region.
Key Players:
The global e-waste recycling & reuse services market is fragmented. Some of the major players profiled in the research study include Lifespan Technology Recycling Inc., Electronic Recyclers International, Inc., Stena Techno World, Umicore S.A., Desco Electronic Recyclers, CRT Recycling Inc., Tectonics Ltd., Cimelia Resource Recovery, MBA Polymers Inc., SIMS Recycling Ltd., and Global Electric Electronic Processing Inc. among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of E-waste Recycling & Reuse Services market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
