TechSci Research reports that the Global E-Waste Management Market is poised for robust growth, projecting a CAGR of 4.3% through 2028. 

This growth is attributed to the escalating resource consumption resulting from rapidly growing economies, urbanization, and a surging population. The current global waste and resource management lack a holistic approach, creating challenges in addressing the entire product lifecycle, from design and raw material extraction to production, consumption, recycling, and waste management. Land scarcity for effective waste disposal and a focus on energy and resource recovery are driving market growth.

However, challenges such as lower sustainability in E-Waste Management and a lack of emphasis on E-Waste Management hinder market growth. Despite these challenges, the surge in the purchase of recyclable products presents substantial opportunities for market growth. The adoption of proactive government measures to combat illegal dumping is a key driver for the global E-Waste Management market.

Techsci Research Report: https://www.techsciresearch.com/report/e-waste-management-market/19837.html 

The report highlights that Municipal solid waste is expected to dominate the E-Waste Management market during the forecast period. Construction and Demolition waste, a growing concern globally, involves various activities such as monitoring, collecting, transporting, recycling, and disposing of waste generated during construction, renovation, or demolition. The adoption of construction and demolition E-Waste Management practices is gaining popularity worldwide to minimize and reuse waste materials, contributing to environmental sustainability.

In terms of regions, Asia Pacific is anticipated to dominate the market. The global generation of municipal solid waste is substantial, with a significant portion not managed in an environmentally safe manner. High-income countries, comprising 16% of the world's population, generate about 34% of the world's waste. The report outlines the current state of solid E-Waste Management operations and the responsibilities of local authorities.

The report also provides insights into the expected global waste growth, reaching 3.40 billion tons by 2050, driven by factors like population growth, income levels, and economic development. 

Key market players in the Global E-Waste Management Market are the following:

  • Biffa Group

  • Clean Harbors, Inc.

  • Covanta Holding Corporation

  • Veolia Environment SA

  • Waste Connections

  • Remondis AG & Co. Kg

  • Suez Environment S.A.

  • Daiseki Co. Ltd

  • E-Waste Management Inc.

  • Republic Services  

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The report concludes with a statement from Mr. Karan Chechi, Research Director at TechSci Research, emphasizing the multifaceted drivers propelling the E-Waste Management market, including economic, environmental, regulatory, and societal factors. He notes that population growth, urbanization, and economic development contribute to increased waste production, necessitating E-Waste Management services. Environmental concerns, regulatory frameworks, and the shift towards a circular economy further drive the demand for compliant E-Waste Management solutions.

The full report, titled "E-Waste Management Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented Waste Type (Industrial waste, Municipal solid waste, Hazardous waste, E-waste, Plastic waste, Bio-medical waste), by Disposal Methods (Landfills, Incineration, Recycling), By Region, By Competition 2018-2028," evaluates the future growth potential of the Global E-Waste Management Market, providing statistics and information on market structure, size, share, and future growth. It aims to offer cutting-edge market intelligence to aid decision-makers in sound investment decisions while identifying emerging trends, drivers, challenges, and opportunities in the Global E-Waste Management Market.

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About Techsci Research

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity, and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high-value market research and advisory services that help them identify new market opportunities, growth engines, and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends.

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