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Electronics Recycling - Global Strategic Business Report

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    Report

  • 604 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2228028

Global Electronics Recycling Market to Reach $108.3 Billion by 2030

The global market for Electronics Recycling estimated at US$37.2 Billion in the year 2022, is projected to reach a revised size of US$108.3 Billion by 2030, growing at a CAGR of 14.3% over the analysis period 2022-2030. Metals, one of the segments analyzed in the report, is projected to record a 15.5% CAGR and reach US$61.2 Billion by the end of the analysis period. Growth in the Plastics segment is estimated at 13.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 17.3% CAGR

The Electronics Recycling market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.9 Billion by the year 2030 trailing a CAGR of 17.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.3% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.1 Billion by the year 2030.

Select Competitors (Total 197 Featured) -

  • Apple, Inc.
  • Boliden Group
  • Dowa Holdings Co., Ltd.
  • Aurubis AG
  • Adamec Recycling GmbH
  • AER Worldwide
  • All Green Electronics Recycling LLC
  • BRAL Reststoff-Bearbeitungs GmbH
  • CEAR, Inc.
  • Cerebra Integrated Technologies Ltd.
  • Cimelia Resource Recovery Pte., Ltd.
  • Cleanaway Waste Management Ltd.
  • Clean Earth, Inc.
  • A1 Assets, Inc.
  • Chiho Environmental Group Ltd.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Frequently Asked Questions about the Electronics Recycling Market

What is the estimated value of the Electronics Recycling Market?

The Electronics Recycling Market was estimated to be valued at $37.2 Billion in 2022.

What is the growth rate of the Electronics Recycling Market?

The growth rate of the Electronics Recycling Market is 14.3%, with an estimated value of $108.3 Billion by 2030.

What is the forecasted size of the Electronics Recycling Market?

The Electronics Recycling Market is estimated to be worth $108.3 Billion by 2030.

Who are the key companies in the Electronics Recycling Market?

Key companies in the Electronics Recycling Market include Apple, Inc., Boliden Group, Dowa Holdings Co., Ltd., Aurubis AG, Adamec Recycling GmbH, AER Worldwide, All Green Electronics Recycling LLC, BRAL Reststoff, Bearbeitungs GmbH and CEAR, Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Electronics Recycling: Navigating the E-Waste Challenge
  • Implications of E-Waste on Environment and Human Health
  • Market Outlook Traversing the Challenges & Opportunities for E-Recyclers
  • Active Role of Stakeholders
  • COVID-19 Upends E-Waste Trends
  • Exhibit 1: YoY% Change in Consumption of Electronic and Electrical Devices: 2020 Vs 2019
  • Global Economic Update
  • Exhibit 2: Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Exhibit 3: Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Exhibit 4: Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • INFLUENCER INSIGHTS
  • Competition
  • eScrap Recycling: Major Competitors
  • Exhibit 5: Electronics Recycling - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 197 Players Worldwide in 2023 (E)
  • Startup Companies Gain Attention
  • Select Startups in e-waste Recycling Business
  • Types of E-Waste: A Review
  • Exhibit 6: Typical Material Composition of Select Electrical and Electronic Equipment
  • Insight into Select E-Waste Stats
  • Exhibit 7: Flow of E-Waste Worldwide: 2022
  • Low Recycling Rates & Circular Approach towards Electronics
  • Exhibit 8: Global E-Waste Generated (in Million Metric Tons): 2015-2030P
  • Exhibit 9: Global E-Waste Recycling Rate by Region
  • Exhibit 10: Leading Countries by E-Waste Generation Volumes
  • Exhibit 11: Percentage Breakdown of E-Waste Volume by Geographic Region
  • Exhibit 12: E-Waste Generated per Inhabitant in Kg for Select Countries
  • Geographic Market Analysis
  • Developing Countries to Drive Growth
  • India Eyes on New Policy to Deal with Burgeoning E-Waste
  • New Policy to Push E-Waste Management
  • Extension of Product Coverage
  • Shifting Responsibly to Manufacturers
  • Impact of Recycling E-Waste in Developing World
  • Benefits from Proper Management of Electronic Waste for Different Industries
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Emerging Technologies Gain Interest to Address E-Waste Recycling Challenges
  • E-Recycling Trends with Potential to Mitigate Wrath of E-Waste Pandemic
  • AI Unleashes Significant Value for E-Waste Recycling
  • AI & Automation Innovations to Help Players Navigate E-Recycling Regulatory Landscape
  • Robots Redefine E-Waste Recycling Practice
  • Robust Growth of Consumer Electronics Drives Demand Fuels Electronics Recycling
  • Exhibit 13: Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
  • Shorter Lifespan of New Electronic Devices Adds to the Volume of E-Waste Generated
  • Exhibit 14: Average Lifespan (in Years) of Select Consumer Electronic Products
  • Industry Witnesses a Surge in ITAD Services
  • Rise in Smartphone Adoption Expands Opportunities for e-Scrap Recycling Market
  • Exhibit 15: Global Smartphone Shipments in Billion Units: 2015-2022
  • Exhibit 16: Smartphone Adoption as Share of Total Population: 2016-2022
  • Exhibit 17: Smartphone Adoption Across Select Countries : 2020
  • Expanding IoT Ecosystem Provides Steady Demand Prospects
  • Exhibit 18: Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
  • Increase in Consumer Spending on Smart Home Gadgets Presents Growth Opportunities
  • Exhibit 19: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
  • Exhibit 20: Global Smart Home Market Breakdown by Technology (in %) for 2018 and 2022
  • Recycling Approaches to Exploit Potential Deposits of E-Waste Lying in Landfills
  • Microfluidic Strategy to Push Recycling Rate
  • Leading Electronics Recycling Technology Trends
  • Major Technology Trends Innovating Electronics Recycling
  • Wearables Manufacturers Focus on Effective EOL Strategies
  • Exhibit 21: Global Wearable Device Shipments in Million Units for the Years 2017, 2019, 2021, 2023, and 2025
  • Collaboration: Key to Profitable Recycling
  • Smaller and Thinner Devices Create Challenges for Recyclers
  • Sustainable Practices for E-Waste Management for Companies in the IT Industry
  • Device Manufacturers Focus on Recyclable Products
  • Dissolvable Batteries and Circuit Boards, New Innovations for Reducing Negative Impacts on the Environment from Increasing E-Waste
  • Bioleaching for Sustainable E-Waste Recycling
  • Rising Concerns over Environmental Implications of Plastics Waste Disposal Turns Focus onto Plastics Recycling
  • Plastic Waste Statistics: In a Nutshell
  • Exhibit 22: Global Percentage Breakdown of Plastic Waste Generation by End-Use Sector: 2023E
  • Barriers to Proper e-waste Management and Solutions
  • Rapid Production of Large Quantum of E-Waste Makes Management a Key Challenge
  • Low Commodity Price Values - A Major Challenge
  • Low General Public Awareness Levels Thwarts Industry Efforts
  • Data Security: A Vital Aspect of E-waste Disposal
  • Developing Countries: The Common Destination for E-Waste Dumping
  • Sustainable Supply Chains & Electronics-as-a-Service to Benefit Growth
  • Regulatory Regime Paves Way for Recycling of Electronics Products
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Electronics Recycling Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Electronics Recycling by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Electronics Recycling by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Electronics Recycling by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Metals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Metals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Metals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Plastics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Other Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Other Materials by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Other Equipment Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 21: World Historic Review for Other Equipment Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: World 16-Year Perspective for Other Equipment Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electronics Recycling Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Overview
  • Key Statistics
  • Exhibit 23: Average Lifespan (Years) of Select Consumer Electronic Products in the US
  • High Smartphone Penetration Provides Business Opportunities for Recyclers
  • Exhibit 24: Average Lifespan of Smartphones in the United States
  • Exhibit 25: Smartphone Users (in Millions) in the United States: 2018-2025
  • Increasing Awareness about Electronics Recycling Boosts Industry Growth
  • Companies and Organizations Focus on E-Waste Management
  • Regulatory Overview
  • US Legislations on Electric and Electronic Waste
  • Market Analytics
CANADA
  • Market Overview
  • Market Analytics
JAPAN
  • Market Overview
  • Market Analytics
CHINA
  • Market Overview
  • E-Waste Imports
  • Stringent Regulations Propel Recyclers to Integrate Recycling Devices
  • Chinese Government Passes China WEEE
  • Market Analytics
EUROPE
  • Electronics Recycling Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Overview
  • Exhibit 26: E-Waste Generated per Inhabitant in Kg for Select European Countries
  • Market Analytics
FRANCEGERMANYITALYUNITED KINGDOMSPAIN
RUSSIA
  • Market Overview
  • Market Analytics
REST OF EUROPE
ASIA-PACIFIC
  • Electronics Recycling Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Market Overview
  • Exhibit 27: E-Waste Generated by Select Countries in Asia in Kilo Tons: 2019
  • Legislations on Electric and Electronic Waste in Asia-Pacific
  • Market Analytics
AUSTRALIA
INDIA
  • Market Overview
  • Market Structure
  • Rating System and e-Waste Recycling Industry
  • Market Analytics
SOUTH KOREA
REST OF ASIA-PACIFIC
  • Singapore
  • Market Analytics
LATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Market Overview
  • Exhibit 28: E-Waste Generated by Select Middle East Countries (2021)
  • Market Analytics
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • South Africa
  • Market Analytics
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Apple, Inc.
  • Boliden Group
  • Dowa Holdings Co., Ltd.
  • Aurubis AG
  • Adamec Recycling GmbH
  • AER Worldwide
  • All Green Electronics Recycling LLC
  • BRAL Reststoff-Bearbeitungs GmbH
  • CEAR, Inc.
  • Cerebra Integrated Technologies Ltd.
  • Cimelia Resource Recovery Pte., Ltd.
  • Cleanaway Waste Management Ltd.
  • Clean Earth, Inc.
  • A1 Assets, Inc.
  • Chiho Environmental Group Ltd.