Global Electrical and Electronic Equipment (EEE) Reuse, Repair, and Recycling Market: Growth Opportunities in Sustainability and Circular Economy

Global Electrical and Electronic Equipment (EEE) Reuse, Repair, and Recycling Market: Growth Opportunities in Sustainability and Circular Economy

Innovative Strategies and Business Models Enable Resource Circulation and Value Recovery

RELEASE DATE
20-Dec-2023
REGION
Global
Deliverable Type
Market Research
Research Code: MGFF-01-00-00-00
SKU: EN_2023_464
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Description

Global eWaste generation reached 59.4 million tons in 2022 and will likely reach 74.7 million tons in 2030, recording a compound annual growth rate (CAGR) of 2.9% between 2022 and 2030. Frost & Sullivan estimates an average of 2 million metric tons of eWaste added yearly due to the explosive rise in EEE consumption over the last two decades.

Leading developments in the EEE circular economy focus on limiting the generation of end-of-life EEE with top opportunities dedicated to solutions, strategies, and technologies to enable the second life of products and components. We estimate the global second-life EEE market—rent, repair, and reuse services—at $0.66 billion in 2022. It will likely register a dynamic CAGR of 20.1% between 2022 and 2030 to reach $2.83 billion in 2030.

Governments are setting new policies to limit the export and import of end-of-life EEE, potentially resulting in a growing demand to reinforce or establish the necessary infrastructure to process end-of-life EEE in their countries of origin. Frost & Sullivan estimates the global end-of-life EEE market in 2022 was $4.16 billion. It will likely reach $5.35 billion in 2030, registering a 3.2% CAGR between 2022 and 2030.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the 3 Strategic Imperatives on the EEE Reuse, Repair, and Recycling Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Research Methodology

6P Framework for a Sustainable Future and a Circular EEE Economy—More with Less

Market Segmentation

Market Definitions

EEE Reuse, Repair, and Recycling Market—Key Findings

EEE Reuse, Repair, and Recycling Market—Key Findings (continued)

EEE Reuse, Repair, and Recycling Market—Overview

EEE Reuse, Repair, and Recycling Market—Key Objectives

Overview of Key Stakeholders in the EEE Reuse, Repair, and Recycling Market—Growth Accelerators

Role and Growth Opportunities Across Key Market Segments

Role and Growth Opportunities Across Key Market Segments (continued)

Role and Growth Opportunities Across Key Market Segments (continued)

Hierarchy of the EEE Reuse, Repair, and Recycling Market Approach

New Business Models Supporting the Repair Economy

New Business Models Supporting the Repair Economy (continued)

Growth Metrics

Growth Drivers

Growth Restraints

End-of-life EEE Generation—Volume Forecast

End-of-life EEE Product Categories

Value of Raw Materials in End-of-life EEE

Global End-of-life EEE Management—Recovery of Precious and Valuable Metals

Cell Phone Material Composition

End-of-life EEE Collection and Recycling—Volume Forecast

End-of-life EEE Volume Generation in Select Countries

End-of-life EEE—Generated vs. Collected and Recycled Volumes by Region

End-of-life EEE Volume Generation Forecast by Region

End-of-life EEE Volume Generation Forecast by Product

Total EEE Reuse, Repair, and Recycling Market Revenue Forecast

End-of-Life EEE Revenue Forecast

End-of-life EEE Revenue Forecast by Service—Recycling and Collection & Transportation

Second-life EEE Revenue Forecast—Rent, Repair & Reuse

Revenue Forecast Analysis

End-of-life and Second-life EEE—Market Revenue Share by Region

Competitive Environment—End-of-life EEE Management

Market Share Analysis—End-of-life EEE Management

Key Stakeholders in the EEE Reuse, Repair, and Recycling Market

Key Stakeholders in the EEE Reuse, Repair, and Recycling Market (continued)

Growth Metrics—Europe

End-of-life EEE Volume Analysis—Europe

End-of-life and Second-life EEE Revenue Forecast—Europe

End-of-life and Second-life EEE Revenue Forecast—Europe (continued)

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—Europe

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—Europe (continued)

Growth Metrics—The Americas

End-of-life EEE Volume Analysis—The Americas

End-of-life and Second-life EEE Revenue Forecast—The Americas

End-of-life and Second-life EEE Revenue Forecast—The Americas (continued)

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—The Americas

Growth Metrics—Asia-Pacific

End-of-life EEE Volume Analysis—Asia-Pacific

End-of-life and Second-life EEE Revenue Forecast—Asia-Pacific

End-of-life and Second-life EEE Revenue Forecast—Asia-Pacific (continued)

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—Asia-Pacific

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—Asia-Pacific (continued)

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—Asia-Pacific (continued)

Regulations Supporting the EEE Reuse, Repair, and Recycling Market—Asia-Pacific (continued)

Growth Metrics—MEA

End-of-life EEE Volume Analysis—MEA

End-of-life and Second-life EEE Revenue Forecast—MEA

End-of-life and Second-life EEE Revenue Forecast—MEA (continued)

Regulations Supporting EEE Reuse, Repair, and Recycling Market—MEA

Regulations Supporting EEE Reuse, Repair, and Recycling Market—MEA (continued)

Blancco Technology Group

refurbed

Back Market

TES

SIMS Lifecycle Services

HP

Cisco

Fairown

Security Matters (SMX)

Use Case: IIoT-based Track-and-trace Solution for the Electronics Supply Chain

Examples of Other EEE Reuse, Repair, and Recycling Market Initiatives

Growth Opportunity 1: Repair Economy to Support the Second Life of EEE

Growth Opportunity 1: Repair Economy to Support the Second Life of EEE (continued)

Growth Opportunity 2: Urban Mining to Recover Resources from End-of-life EEE

Growth Opportunity 2: Urban Mining to Recover Resources from End-of-life EEE (continue)

Growth Opportunity 3: PaaS to Reduce the Need for EEE Ownership

Growth Opportunity 3: PaaS to Reduce the Need for EEE Ownership (continue)

Growth Opportunity 4: DPP to Track and Trace Materials and Components

Growth Opportunity 4: DPP to Track and Trace Materials and Components (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Global eWaste generation reached 59.4 million tons in 2022 and will likely reach 74.7 million tons in 2030, recording a compound annual growth rate (CAGR) of 2.9% between 2022 and 2030. Frost & Sullivan estimates an average of 2 million metric tons of eWaste added yearly due to the explosive rise in EEE consumption over the last two decades. Leading developments in the EEE circular economy focus on limiting the generation of end-of-life EEE with top opportunities dedicated to solutions, strategies, and technologies to enable the second life of products and components. We estimate the global second-life EEE market rent, repair, and reuse services at $0.66 billion in 2022. It will likely register a dynamic CAGR of 20.1% between 2022 and 2030 to reach $2.83 billion in 2030. Governments are setting new policies to limit the export and import of end-of-life EEE, potentially resulting in a growing demand to reinforce or establish the necessary infrastructure to process end-of-life EEE in their countries of origin. Frost & Sullivan estimates the global end-of-life EEE market in 2022 was $4.16 billion. It will likely reach $5.35 billion in 2030, registering a 3.2% CAGR between 2022 and 2030.
More Information
Deliverable Type Market Research
Author Paulina Blaszczyk
Industries Environment
No Index No
Is Prebook No
Keyword 1 EEE Reuse, Repair, and Recycling Market Analysis
Keyword 2 Sustainability and Circular Economy Market Research
Keyword 3 Recycling Industry Insights
Podcast No
WIP Number MGFF-01-00-00-00