The global market for e-waste recycling and reuse services is at a nascent stage at present and is expected to witness substantial growth throughout the forecast period. The growing awareness among consumers regarding the conservation of health and environment is the primary factor augmenting the growth of the global market. In addition, stringent regulations and rules for e-waste management are expected to encourage the growth of the market. Furthermore, the increasing participation of the leading electronics manufacturers in e-waste recycling and reuse services is estimated to generate potential opportunities for key players.

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The global market for e-waste recycling and reuse services has been classified on the basis of source, recycle and reuse service, and recycled component. By source, the market has been segmented into household appliances, entertainment devices, and IT and telecommunication products. By recycle and reuse service, the market has been categorized into asset management and logistics, material processing and recovery, triage and de-manufacturing, collection services, and refurbishment and reuse. Furthermore, by recycled component, the market has been divided into recycled plastics, recycled metals, recycled silica, and other recycled components.

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Despite being at a nascent stage, recycling of used electronic items is steadily gaining momentum in terms of public awareness and due to government policies. Various factors have contributed to the concern of mounting e-waste. These include reduced life span of electronic devices and the rapid evolution of technology.

Electronic waste or e-waste is a term used for electronic appliances and other products nearing the end of their functional lives. For instance, television, computers, stereos, VCRs, fax machines, mobile phones, and copiers are considered e-waste when they cease to operate. Besides this, electronic gadgets that are considered obsolete due to the advent of the latest and easily available technologies are also included in the category of e-waste. Dumping of e-waste has lately emerged as a serious concern aggravating the already persisting issue of pollution. However, the emerging trends of reusing and refurbishing e-waste are touted as the next-generation strategies of mitigating concerns of e-waste dumping.

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E-waste recycling includes reuse and refurbishment, material processing and recovery, asset management and logistics, triage and de-manufacturing, and collection services. Demand for e-waste recycling and reuse services is therefore poised to surge exponentially in the forthcoming