How big is the Electronic Waste Recycling Market | Stats & Insights 2025

Q: What is driving the growth of the electronic waste recycling industry?

Electronic waste recycling industry is growing due to increased electronics consumption and the high material value of discarded devices.

Q: Which region leads the electronic waste recycling efforts?

Europe dominates due to strict environmental policies.

Q: What is the electronic waste recycling market size?

The electronic waste recycling market is anticipated to reach USD 122.3 billion by 2031.

Q: Who are the major companies in the electronic waste recycling market?

Major companies include Veolia Environmental Services, Electronic Recyclers International (ERI), TES-AMM, Umicore, and Enviro-Hub Holdings Ltd.

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Code: MTA6277

Publication Date: Jul 2025

How Big Is the Electronic Waste Recycling Market?

According to 6Wresearch internal database and industry insights, the electronic waste recycling market was valued at USD 59.6 billion in 2024 and is anticipated to exceed the valuation of USD 122.3 billion by 2031, exponentially growing at a CAGR of 10.9% during the forecast period.

This growth can be attributed to rising electronic consumption, stricter e-waste disposal regulations, and significant investments in recycling technologies across emerging economies.

Growth Factors of the Electronic Waste Recycling Market

Surging electronic devices leading to massive e-waste generation
Strict government regulations on safe e-waste disposal and management
Urban mining demand for rare and precious metals from discarded electronics
Public-private partnerships encouraging responsible recycling infrastructure
Increasing consumer awareness about sustainable disposal practices
Amalgamation of AI and robotics in automated sorting and dismantling processes

Electronic Waste Recycling Market Trends

Electronic Waste Recycling Market is witnessing a technological transformation with the integration of AI-powered sorting systems, automated shredding units, and blockchain-based traceability solutions for e-waste flows.

With growing reliance on electronics and shorter device lifespans, the volume of e-waste is ballooning globally. The circular economy concept is gaining traction, especially in Europe and North America, where manufacturers are taking back old devices for reuse or recovery of high-value materials like gold, palladium, and lithium.

Emerging Developments in Electronic Waste Recycling Market

Recent developments include the adoption of AI-based identification of valuable components in e-waste streams, the rise of urban mining startups, and country-level legislations mandating producer responsibility.

In addition, major consumer electronics brands are investing in closed-loop recycling to extract rare earth elements, reducing dependency on virgin mining. There is a growing trend of local e-waste collection networks being digitized for real-time tracking and reporting, increasing efficiency and compliance.