E-Waste Management Market Size, Share, Trends, Industry Report 2023-2028

Global E-Waste Management Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “E-Waste Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global E-waste management market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global E-waste management market size reached US$ 63.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 132.5 Billion by 2028, exhibiting a growth rate (CAGR) of 12.84% during 2023-2028.

Electronic (E)-waste management is the systematic process of handling, recycling, and disposing of electronic waste, which includes discarded electronic devices, such as computers, smartphones, tablets, refrigerators, and televisions. It often contains hazardous materials like lead, mercury, and cadmium, which can pose significant environmental and health risks if not managed properly. It lowers the risk of soil and water contamination caused by improper disposal of e-waste and safeguards ecosystems and public health. It minimizes the risk of legal liabilities and penalties associated with improper e-waste disposal.

It allows organizations and individuals to comply with local and international regulations governing e-waste disposal and recycling. It also enables companies to maintain their brand image and enhance trust among eco-conscious people. It reduces the need for extracting new raw materials, conserves resources, and lowers energy consumption. It prevents the release of toxic substances into the environment and minimizes health risks to communities and workers involved in waste handling. It assists in ensuring that sensitive and personal information is securely erased while reducing greenhouse gas (GHG) emissions in the environment. It aids in decreasing the chances of diseases associated with exposure to e-waste contaminants.

Besides this, it encourages the development and adoption of energy-efficient electronic products and lowers overall energy consumption. As it is beneficial in promoting resource efficiency and reducing waste generation, the demand for e-waste is increasing across the globe.

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Global E-Waste Management Market Trends and Drivers:

At present, rising concerns about data security among people represent one of the significant factors strengthening the growth of the market. Apart from this, the increasing amount of e-waste due to the replacement of older electronics is supporting the market growth. Additionally, there is a rise in the demand for efficient and cost-effective waste management for electronic products to lower the risk of health issues among individuals. This, coupled with the increasing awareness about the importance of proper disposal and recycling of electronic devices and the harmful impact of improper disposal of e-waste among the masses, is offering lucrative growth opportunities to industry investors.

In line with this, the growing demand for e-waste on account of the rising utilization of smartphones, tablets, laptops, wearables, computers, and other the Internet of Things (IoT) devices, is positively influencing the market. Moreover, the increasing adoption of responsible e-waste management practices to avoid legal repercussions is contributing to the growth of the market. Besides this, the rising focus on recycling and reuse of electronic components and materials is bolstering the market growth.

In addition, stringent environmental regulations and waste disposal laws encourage companies and individuals to adopt e-waste management, which is propelling the growth of the market. The escalating demand for e-waste management to recover valuable materials, such as precious metals, along with the rising development of greener and more sustainable electronic products, is also offering a positive market outlook.

Global E-Waste Management Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Aurubis AG, Boliden AB, Desco Electronic Recyclers CC, Electronic Recyclers International Inc., MBA Polymers Inc., Sembcorp Industries, Sims Lifecycle Services Inc., Stena Metall AB, Tetronics Technologies Ltd., Umicore N.V., Veolia Environnement S.A. and WM Intellectual Property Holdings L.L.C

The report segmented the market on the basis of region, material type, source type and application.

Breakup by Material Type:

• Metal
• Plastic
• Glass
• Others

Breakup by Source Type:

• Consumer Electronics
• Industrial Electronics
• Others

Breakup by Application:

• Trashed
• Recycled

Breakup By Regions:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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