The Business Research Company’s E-Waste Recycling And Reuse Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The E-Waste Recycling And Reuse Services Global Market Report 2023 evaluates e-waste recycling and reuse services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global E-waste recycling and reuse services market is expected to grow from $1.50 billion in 2022 to $1.65 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The E-waste recycling and reuse services market is expected to reach $2.32 billion in 2027 at a CAGR of 8.9%.
The surge in E-waste generation is expected to propel the growth of the e-waste recycling and reuse services market going forward. E-waste (electronic waste) refers to any electrical and electronic equipment (EEE) and its parts abandoned as garbage by their owner with no intention of reuse. These services provide convenient and responsible avenues for disposing of electronic devices, and these services encourage individuals and businesses to recycle their old or obsolete electronics instead of discarding them in landfills. For instance, in 2022, according to the Global Transboundary E-waste Flows Monitor 2022 report, published by the United Nations Institute for Training and Research (UNITAR), a Switzerland-based United Nations institute for training and research, the amount of global E-waste generated will exceed 74 metric tons in 2030, representing 9.0 KG of e-waste generation per capita, and as much as 110 metric tons is expected by 2050. Therefore, the surge in E-waste generation will drive the E-waste recycling and reuse services market.
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The e-waste recycling and reuse services market segments in the report are:
1) By Source Type: Household Appliances, Consumer Electronics, Industrial Electronics
2) By Material: Metal, Plastic, Glass, Other Materials
3) By Application: Trashed, Recycled
The table of contents in TBRC’s e-waste recycling and reuse services market report includes:
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