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$28.6 Billion by 2030, showcasing a robust CAGR of 17% during the period from 2022 to 2030.
Japan and Canada are among other noteworthy markets, with expected growth rates of 9.5% and 9.7%, respectively, over the 2022-2030 period. Within Europe, Germany is forecasted to grow at an impressive rate of approximately 13.3% CAGR. This data indicates a promising future for the Electronics Recycling market worldwide.
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MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
COVID-19 Upends E-Waste Trends
Electronics Recycling to Gain as Halt to E-Waste Generation Appears Transitory
Electronics Recycling & IT Asset Disposition Players Mend Ways to Deal with COVID-19
YoY% Change in Consumption of Electronic and Electrical Devices: 2020 Vs 2019
Electronics Recycling: An Introduction
E-Waste Industry on Rise
Types of E-Waste
Typical Material Composition of Select Electrical and Electronic Equipment
E-Waste Piles Up in Offices amid the Transition to WFH Model
Busy Days for Electronics Recycling Facilities
Implications of E-Waste on Environment and Human Health
E-Waste Statistics
Flow of E-Waste Worldwide: 2020
Low Recycling Rates & Circular Approach towards Electronics
Global E-Waste Generated (in Million Metric Tons): 2015-2030P
Percentage Breakdown of E-Waste Volume by Geographic Region: 2019
E-Waste Generated per Inhabitant in Kg for Select Countries
Key Market Challenges
E-Waste Recycling and Opportunities
Outlook
Growth in Consumer Electronics Sector Fuels Electronics Recycling
Global Opportunity for Consumer Electronics (In US$ 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
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