Asia Pacific E-Scrap Recycling Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (IT & Telecom Equipment, Small Household Appliances, Large White Goods, Consumer Electronics, and Others) and Processed Material (Metal, Glass, Plastic, and Others)
The e-scrap recycling market in APAC is expected to grow from US$ 984.04 million in 2021 to US$ 2,945.91 million by 2028; it is estimated to grow at a CAGR of 17.0% from 2021 to 2028.
Several countries have launched several programs to achieve the environmentally sound management (ESM) of e-waste. However, various challenges hamper the success and effectiveness of these programs. A lack of infrastructure and financial resources are the major challenges faced by countries while complying with the requirements stated under such programs. Identifying relevant players and encouraging cooperation are the keys to addressing these difficulties. Collecting, sorting and disassembly, and end-processing are the three stages of e-waste recycling. These procedures are conducted by informal garbage recycling businesses in several countries, lacking expertise and professional treatment. The formal e-waste recycling sector is severely limited in these countries. The informal sector could handle the first two steps of e-waste recycling with minimal environmental and health consequences. However, if it performs the end-processing, it could significantly degrade the surrounding environment. The social, environmental, and economic boundaries are the major factor of concern while transferring standard technology to countries across the region. Moreover, the informal sector's dominance and success must be considered before commencing such technology transfer to these countries. The key to a successful e-waste management program is innovative models that allow the informal sector to adopt safe recycling methods. On the other hand, hazardous operations are also outsourced to professional recycling recyclers. The need to emphasize encouraging the informal sector to increase the e-waste collection and pre-processing efforts through training and technology transfer is expected to create enormous opportunities for the e-scrap recycling market players. Several countries are likely to adopt a well-defined national e-waste management policy based on circular economic concepts as a path forward. This strategy aims to address the present environmental and health implications of e-waste, along with focusing on reducing e-waste through green design practices. The strategies adopted by the governments of the respective countries should make it easier for the private sector to build business and economic prospects for recycling materials from e-waste. The strategy should consider the country's financial, institutional, political, and social dimensions, focusing on how to combine the informal and formal e-waste recycling sectors.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC e-scrap recycling market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
APAC E-Scrap Recycling Market Revenue and Forecast to 2028 (US$ Million)
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APAC E-Scrap Recycling Market Segmentation
The APAC e-scrap recycling market is segmented based on product type, processed material and country. Based on product type, the market is segmented into IT & telecom equipment, small household appliances, large white goods, consumer electronics, and others. The large white goods segment dominated the market in 2020 and consumer electronics segment is expected to be the fastest growing during the forecast period. Based on processed material, the market is segmented into metal, glass, plastic, and others. The metal segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the APAC e-scrap recycling market is segmented into China, India, Japan, South Korea, and the rest of APAC. DOWA HOLDINGS CO., LTD; Ecoreco ltd; Enviro-Hub Holdings Ltd; JX Nippon Mining & Metals Corporation; Sims Metal Management Ltd; Stena Metall Ab; Tetronics; and Umicore are among the leading companies in the APAC e-scrap recycling market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. E-Scrap Recycling Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
5. APAC E-Scrap Recycling Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Proliferation of Electronic Devices and Reduction in Product Lifecycle
5.1.2 Scarcity of Precious Metals
5.2 Key Market Restraints
5.2.1 Complexity and Toxicity Associated with Process
5.3 Key Market Opportunities
5.3.1 Pressing Need of E-Waste Recycling in Several Countries
5.4 Future Trends
5.4.1 Technological Advancements in E-Scrap Recycling Services
5.5 Impact Analysis of Drivers and Restraints
6. E-Scrap Recycling Market – APAC Analysis
6.1 Overview
6.2 APAC E-Scrap Recycling Market Forecast and Analysis
7. APAC E-Scrap Recycling Market Analysis – By Product Type
7.1 Overview
7.2 APAC E-Scrap Recycling Market, By Product Type (2020 and 2028)
7.3 IT & Telecom Equipment
7.3.1 Overview
7.3.2 IT & Telecom Equipment: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Small Household Appliances
7.4.1 Overview
7.4.2 Small Household Appliances: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Large White Goods
7.5.1 Overview
7.5.2 Large White Goods: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Consumer Electronics
7.6.1 Overview
7.6.2 Consumer Electronics: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC E-Scrap Recycling Market Analysis – By Processed Material
8.1 Overview
8.2 APAC E-Scrap Recycling Market, By Processed Material (2020 and 2028)
8.3 Metal
8.3.1 Overview
8.3.2 Metal: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Glass
8.4.1 Overview
8.4.2 Glass: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Plastic
8.5.1 Overview
8.5.2 Plastic: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC E-Scrap Recycling Market – Country Analysis
9.1 Overview
9.1.1 APAC: E-Scrap Recycling Market, by Key Country
9.1.1.1 China: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 China: E-Scrap Recycling Market, by Product Type
9.1.1.1.2 China: E-Scrap Recycling Market, by Processed Material
9.1.1.2 India: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 India: E-Scrap Recycling Market, by Product Type
9.1.1.2.2 India: E-Scrap Recycling Market, by Processed Material
9.1.1.3 Japan: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Japan: E-Scrap Recycling Market, by Product Type
9.1.1.3.2 Japan: E-Scrap Recycling Market, by Processed Material
9.1.1.4 South Korea: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 South Korea: E-Scrap Recycling Market, by Product Type
9.1.1.4.2 South Korea: E-Scrap Recycling Market, by Processed Material
9.1.1.5 Rest of APAC: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Rest of APAC: E-Scrap Recycling Market, by Product Type
9.1.1.5.2 Rest of APAC: E-Scrap Recycling Market, by Processed Material
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 Dowa Holdings Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Ecoreco ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Enviro-Hub Holdings Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 JX Nippon Mining & Metals Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sims Metal Management Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Stena Metall Ab
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Tetronics
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Umicore
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. APAC E-Scrap Recycling Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. China: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. China: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. India: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. India: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Japan: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. South Korea: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. South Korea: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of APAC: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of APAC: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 12. Glossary of terms
LIST OF FIGURES
Figure 1. APAC E-Scrap Recycling Market Segmentation
Figure 2. APAC E-Scrap Recycling Market Segmentation – By Country
Figure 3. APAC E-Scrap Recycling Market Overview
Figure 4. APAC E-Scrap Recycling Market, by Product Type
Figure 5. APAC E-Scrap Recycling Market, by Country
Figure 6. Asia Pacific – PEST Analysis
Figure 7. APAC E-Scrap Recycling Market: Impact Analysis of Drivers and Restraints
Figure 8. APAC E-Scrap Recycling Market Forecast and Analysis, (US$ Mn)
Figure 9. APAC E-Scrap Recycling Market Revenue Share, by Product Type (2020 and 2028)
Figure 10. APAC IT & Telecom Equipment: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Small Household Appliances: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Large White Goods: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Consumer Electronics: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC E-Scrap Recycling Market Revenue Share, by Processed Material (2020 and 2028)
Figure 16. APAC Metal: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Glass: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Plastic: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC: E-Scrap Recycling Market, by Key Country – Revenue (2020) (US$ Million)
Figure 21. APAC: E-Scrap Recycling Market Revenue Share, by Key Country (2020 and 2028)
Figure 22. China: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. India: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Japan: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. South Korea: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of APAC: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
- DOWA HOLDINGS CO., LTD
- Ecoreco ltd
- Enviro-Hub Holdings Ltd
- JX Nippon Mining & Metals Corporation
- Sims Metal Management Ltd
- Stena Metall Ab
- Tetronics
- Umicore