Global e-Waste Recycling and Reuse Service Market Research Report 2024(Status and Outlook)
The global e-Waste Recycling and Reuse Service market size was valued at US$ 43.65 billion in 2024 and is projected to reach US$ 74.82 billion by 2030, at a CAGR of 9.4% during the forecast period 2024-2030.
The United States e-Waste Recycling and Reuse Service market size was valued at US$ 9.87 billion in 2024 and is projected to reach US$ 16.35 billion by 2030, at a CAGR of 8.8% during the forecast period 2024-2030.
e-Waste Recycling and Reuse Services involve the collection, processing, and repurposing of discarded electronic devices and components to recover valuable materials, reduce environmental impact, and promote circular economy principles in the electronics industry.
The global e-Waste Recycling and Reuse Service market is experiencing rapid growth, driven by increasing electronic device consumption, stringent e-waste regulations, and growing awareness of environmental sustainability. In 2023, global e-waste generation reached approximately 59.4 million metric tons, with only 22.8% being officially documented as properly collected and recycled. Asia generated the largest volume of e-waste, accounting for 46% of the global total. The IT and telecommunications equipment category remains the largest source of e-waste, representing 35% of recycled volume, followed by large household appliances at 30% and consumer electronics at 20%. The market saw a significant boost from extended producer responsibility (EPR) regulations, leading to a 20% increase in official e-waste collection rates in developed countries in 2023. Technological advancements have focused on improving recycling efficiency and material recovery rates, with new automated sorting technologies achieving up to 95% accuracy in material identification and separation. The market is witnessing strong growth in IT asset disposition (ITAD) services, increasing at 15% annually, driven by corporate sustainability initiatives and data security concerns. In 2023, the trend towards circular economy models led to a 30% increase in refurbishment and reuse activities for enterprise IT equipment. The industry faces challenges from informal recycling sectors in developing countries, but increasing regulatory pressure and corporate sustainability goals are driving formalization of e-waste management. Emerging applications in urban mining for rare earth elements are showing promise, with specialized e-waste processing for critical material recovery growing at 22% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from innovations in blockchain-based tracking systems for e-waste, with transparent and traceable recycling services projected to grow at 18% CAGR through 2030.
Report Overview
This report provides a deep insight into the global e-Waste Recycling and Reuse Service market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global e-Waste Recycling and Reuse Service Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the e-Waste Recycling and Reuse Service market in any manner.
Global e-Waste Recycling and Reuse Service Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Electronic Recyclers International Inc.
Lifespan Technology Recycling Inc.
Stena Techno World
Desco Electronic Recyclers
Umicore S.A.
CRT Recycling Inc.
Tectonics Ltd.
Cimelia Resource Recovery
MBA Polymers Inc.
SIMS Recycling Ltd.
Global Electric Electronic Processing Inc.
Market Segmentation (by Type)
IT and Telecom Networking Equipment
Mobile Devices (Smartphones, PDAs, etc.)
Household Appliances
Others
Market Segmentation (by Application)
Industrial and Commercial Electronics
Consumer Electronics
Geographic Segmentation
