Meticulous Research®—a leading global market research company, published a research report titled, ‘E-waste Management Market by Method (Recycling, Dispose/Trash (Landfill, Incineration)), Source (Household, Industrial, IT & Telecom, Medical, Consumer), Material (Metal (Ferrous, Non-Ferrous), Plastic), Geography - Global Forecast to 2031.’
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A recent publication from Meticulous Research® projects that the global e-waste management market will grow to $114.5 billion by 2031, at a steady CAGR of 8.3% from 2024 to 2031. Key factors driving this growth include the increasing generation of e-waste, shorter device lifecycles, and strict government regulations focused on efficient e-waste management. Additionally, rising consumer awareness and advancements in recycling technology offer further opportunities for the market. However, obstacles like illegal dumping and a lack of proper disposal systems, particularly in ASEAN countries, remain challenges.
The report provides detailed segmentation by method, waste source, and material, along with an in-depth competitive analysis by region.
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Method:
- Recycling & Reuse
- Disposal (Landfill, Incineration)
Recycling & reuse are expected to capture the largest share by 2024, with the increasing recovery of valuable materials and efforts to reduce environmental damage boosting this segment.
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Waste Source:
- Household Appliances
- IT & Telecom Equipment
- Consumer Electronics (CE)
- Industrial Electronics (IE)
- Medical Equipment
Consumer electronics are projected to dominate the market due to frequent upgrades and growing awareness of the environmental impacts of e-waste, while the household appliances segment is set to witness the fastest growth.
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Material:
- Metals (ferrous and non-ferrous)
- Plastics & Resins
Metals are expected to hold the largest share in 2024, driven by the recovery of valuable resources from e-waste, while plastics & resins will experience rapid growth due to improvements in recycling technologies.
Geographic Analysis: Asia-Pacific is set to lead the global e-waste management market in 2024, supported by government initiatives, a focus on sustainable practices, and the rapid expansion of the electronics industry. The region is also predicted to post the highest growth rate through 2031.
Key Market Players: Leading companies in the market include ERI, Aurubis AG, Sims Limited, Umicore, Mangalam ECS Environment Pvt. Ltd., and more, spearheading innovations in e-waste recycling and management.
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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