The Asia Pacific E-waste Disposal Market would witness market growth of 20.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific E-waste Disposal Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,892.8 Million by 2031. The Japan market is experiencing a CAGR of 13.2% during (2024 - 2031). Additionally, The India market would exhibit a CAGR of 14.7% during (2024 - 2031).
The proliferation of electronic devices in daily life has transformed how people communicate, work, and access information. From smartphones and laptops to household appliances and medical equipment, electronic devices have become indispensable tools driving innovation and connectivity. However, this rapid technological advancement has also led to a significant challenge, which is electronic waste, commonly known as e-waste.
E-waste encompasses discarded electronic devices and equipment that have reached the end of their useful life or are no longer needed. This includes many products such as mobile phones, computers, televisions, refrigerators, etc. This phenomenon has given rise to the market, a sector dedicated to managing and processing electronic waste in an environmentally responsible manner.
The Asia Pacific region is experiencing a significant rise in the demand for e-waste disposal services, driven by several key factors highlighted by reputable sources such as the United Nation’s Economic and Social Commission for Asia and the Pacific (ESCAP), the International Telecommunication Union, and the Transboundary E-waste Flows Monitor. According to ESCAP, Asia emerged as the largest generator of e-waste in 2019, producing a staggering 24.9 million tons of electronic waste. Thus, the region's demand for e-waste disposal systems and services will rise throughout the forecast period.
Free Valuable Insights: The Global E-waste Disposal Market is Predict to reach USD 172.1 Billion by 2031, at a CAGR of 13.4%
Based on Material, the market is segmented into Metal, Plastic, Glass, and Others. Based on Source, the market is segmented into Consumer Electronics, IT & Telecommunication, Household Appliances, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Material
By Source
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 