Global Electrical and Electronic Equipment (EEE) Reuse, Repair, and Recycling Market: Growth Opportunities in Sustainability and Circular Economy
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.
Strategic Imperatives
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™
Growth Opportunity Analysis
Scope of Analysis
Research Methodology
6P Framework for a Sustainable Future and a Circular EEE Economy—More with Less
Market Segmentation
Market Definitions
Growth Opportunity Analysis: EEE Reuse, Repair, and Recycling
EEE Reuse, Repair, and Recycling Market—Key Findings
EEE Reuse, Repair, and Recycling Market—Key Findings
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
Role and Growth Opportunities Across Key Market Segments
Hierarchy of the EEE Reuse, Repair, and Recycling Market Approach
New Business Models Supporting the Repair Economy
New Business Models Supporting the Repair Economy
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