COVID19:Global E-Waste Management Market is projected to reach a value of over USD 18.6 Billion by 2027

E-WASTE MANAGEMENT MARKET: Summary

The Global E-Waste Management Market is projected to reach a value of over USD 18.6 Billion by 2027 at a CAGR of around 21.6%.

Electronic waste or e-waste comprises All devices of electrical and electronics equipment and their parts which are abandoned by the user as waste . Any device discarded from household or industrial entities, which has circuitry, any electrical & electronic component, and battery will be included in the category of e-waste. The waste generated have the possibility of getting reused, they need to be disposed properly and also they can be treated to recover useful material which can be utilized in new products; all these processes comes under e-waste management. E-waste management helps in retrieving precious metals and other materials, decreasing pollution, and restrict landfilling of scrap material.

E-WASTE MANAGEMENT MARKET: Drivers & CHALLENGES

Market Driver:

The governing authorities of various countries are creating structured supportive regulatory framework to increase adoption of e-waste management practices. The European Union has WEEE Directive (2012/19/EU) to regulate e-waste systematically. This directive is formed to govern the collection, recycling and recovery of e-waste, and have provisions to encourage proper discarding and treatment of e-waste. In addition, the US and Canada have respective state and provincial laws to manage e-waste.

Hence, supportive regulatory framework can be a contributing factor in the growth of the e-waste management market, during the forecast period.

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In past few years, expansion and adoption of electronic devices has increased substantially. Owing to the expansion of digitalization, smart equipment, e-mobility, the sales of electrical and electronics equipment is growing notably. Other factors supporting the growth of electrical and electronic devices are expanding telecommunication market, rapid technological advancements, increasing multiple device ownership, and increasing cloud computing services. As the number of e-devices are increasing the amount of e-waste generated may also uplift which will surge the demand for e-waste management solutions.

Hence, rapid adoption of electronic devices can be a contributing factor in the growth of the e-waste management market, during the forecast period.

Market Challenge:

Currently, one of the major problem faced by the e-waste management industry is informal recycling sites in developing countries. In New Zealand and other Pacific Island countries don’t have any official data regarding e-waste collection as the informal recycling is prominent in this region. Dismantling and recycling of e-waste under informal sector is a growing business in Bangladesh. Such activities lead to repercussion on health and environment and thus expansion of proper e-waste management solution providers is required.

Hence, informal recycling in developing countries can be a limiting factor in the growth of the e-waste management market, during the forecast period.

E-Waste Management market: Key segments

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E-Waste Management MARKET: Report SCOPE

The report on the E-Waste Management market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018–2027

Base Year for Market Calculation

2019

Forecasted Period

2020–2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Material, Source, and Region

Regional Coverage

North America, South America, Asia-Pacific, Europe, Middle East & Africa

KEY Companies Covered

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E-Waste Management MARKET: report segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

E-Waste Management Market, by Material

E-Waste Management Market, by Source

E-Waste Management Market, by Region

Key Questions answered by the report

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL E-WASTE MANAGEMENT MARKET BY MATERIAL, Market Size in USD Million (2019–2027)

7 GLOBAL E-WASTE MANAGEMENT MARKET BY SOURCE, Market Size in USD Million (2019–2027)

8 GLOBAL E-WASTE MANAGEMENT MARKET BY REGION, Market Size in USD Million (2019–2027)

9 Competitive Landscape

10 Company Profiles

11 Appendix

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