Europe E-Waste Management Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 28.88 Billion |
| Market Size (2029) | USD 36.90 Billion |
| CAGR (2024 - 2029) | 5.02 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe E-Waste Management Market Analysis
The Europe E-Waste Management Market size is estimated at USD 28.88 billion in 2024, and is expected to reach USD 36.90 billion by 2029, growing at a CAGR of 5.02% during the forecast period (2024-2029).
As of October 2023, 27 environmental NGOs called on the European Commission to urgently update the Waste Electrical and Electronic Equipment (WEEE) Directive to enhance its support for sustainability and the circular economy. Their main concerns include the significant illegal disposal of e-waste, which harms the environment and hampers recycling and material reuse.
In August 2023, the circular economy platform Valyuu raised EUR 2.4 million (USD 2.6 million) in a funding round led by Rubio Impact Ventures and Slingshot Ventures, with support from Techstars, Golden Egg Check Capital, and various angel investors. Valyuu aims to tackle the growing e-waste issue, which is expected to reach 75 million tonnes annually by 2030, by facilitating the reuse of discarded electronics.
As platforms like Valyuu gain momentum, organizations using traditional e-waste management methods such as landfilling and incineration may face increasing pressure to adopt more sustainable practices. This could drive faster shifts toward greener solutions in Europe's e-waste industry.
In May 2024, the European Union implemented the Right to Repair Directive, designed to encourage the repair of household items by ensuring the availability of reasonably priced replacement parts. The directive covers products like washing machines, dryers, vacuum cleaners, and smartphones that require repairs after the warranty period ends. It is also expected to introduce a platform to connect consumers with repair services and refurbished goods.
This approach can help reduce the volume of e-waste generated, as fewer products will need to be replaced and disposed of.
Europe E-Waste Management Market Trends
Anticipated Market Impact of the UK Government's E-waste Recycling Regulations
In December 2023, the British government unveiled plans to improve e-waste recycling starting in 2026. The new regulations will require retailers to offer in-store drop-off points and home collection services for various electronic items, including cables and appliances. The initiative aims to have producers and retailers absorb the costs rather than taxpayers, ensuring a more sustainable approach to electronic waste management.
This initiative, which builds upon existing EU directives, such as the Waste from Electrical and Electronic Equipment (WEEE) directive, aims to tackle the country's e-waste problem. Industry data reported that nearly half a billion small electrical items were landfilled in 2022. Retailers are also required to collect large broken appliances, like refrigerators, when delivering replacements.
The new regulations are expected to drive significant changes in the e-waste management market. Retailers and producers will need to upgrade their recycling infrastructure, increasing demand for services related to collecting, sorting, and processing e-waste. This shift in cost responsibility could open up new opportunities for partnerships between e-waste recycling companies and retailers or producers, potentially reshaping market dynamics and improving operational efficiency in managing e-waste.
Russia's Strategic Investments in Recycling Infrastructure and Technology to Advance E-waste Management
In 2022, Russia, Germany, and the United Kingdom were the leading producers of electronic waste in Europe, each generating over 1.6 million metric tons, as per industry reports. Europe, as a whole, contributed approximately 21% of global e-waste, with a total of around 13.1 million metric tons produced that year.
In December 2023, Russian Deputy Prime Minister Viktoria Abramchenko and Belarusian Deputy Prime Minister Pyotr Parkhomchik announced their plans to establish a recycling facility in Russia with a capacity of 15,000 tonnes per year, costing RUB 812 million (USD 9.11 million). The Russian authorities are also testing a prototype for a rotating truck chassis, which is designed to improve waste collection in cramped urban areas.
Investing in recycling infrastructure and equipment highlights a growing commitment to enhancing recycling technologies. Such advancements are expected to spur more innovations in the e-waste industry, leading to more efficient and effective e-waste processing methods.
Europe E-Waste Management Industry Overview
The e-waste management market features a competitive landscape in Europe, with key players like Biffa Group, Suez Group, Covanta Holding Corporation, and Waste Management Inc. These industry leaders employ cutting-edge technologies, extensive recycling services, and strategic alliances to tackle the mounting e-waste challenge.
Major players, including Suez Group and Veolia Group, are channeling significant investments into pioneering recycling technologies and sustainable waste management practices. They also champion integrated waste management, blending e-waste recycling with other waste services for a comprehensive client-centric approach. Meanwhile, specialized firms like Tetronics, renowned for its proprietary plasma technology, are at the forefront, offering innovative e-waste material recovery solutions.
Europe E-Waste Management Market Leaders
-
Biffa Group
-
Suez Group
-
Covanta Holding Corporation
-
Waste Management Inc.
-
Remondis SE & Co. Kg
*Disclaimer: Major Players sorted in no particular order
Europe E-Waste Management Market News
- December 2023: STADLER Anlagenbau GmbH, weeeSwiss Technology AG, and Immark collaborated to unveil a cutting-edge electronic waste sorting plant in Regensdorf, Switzerland. This new facility, a significant upgrade from its predecessor, can process 12 tons of electronic waste per hour and operates across two shifts.
- September 2023: Lunaz, an innovative electric vehicle conversion company, partnered with Biffa to retrofit its waste collection and disposal trucks with electric powertrains, advancing fleet decarbonization efforts. This partnership resulted in successful trials of the upcycled electric refuse trucks in Milton Keynes and Manchester, demonstrating their performance and efficiency.
Europe E-Waste Management Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Technological Trends
4.3 Insights on Supply Chain/Value Chain Analysis
4.4 Insights into Government Regulations in the Industry
4.5 Insights into Technological Advancements in the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Stringent European Union Regulations
5.1.2 Increased E-Waste Generation
5.2 Market Restraints
5.2.1 High Collection and Recycling Costs
5.2.2 Complex E-Waste Composition
5.3 Market Opportunities
5.3.1 Innovation in E-Waste Management Technologies
5.3.2 Investing in Advanced Recycling Facilities and Technologies
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Bargaining Power of Buyers/Consumers
5.4.3 Bargaining Power of Suppliers
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
6.1 By Material Type
6.1.1 Metal
6.1.2 Plastic
6.1.3 Glass
6.1.4 Other Material Types
6.2 By Source Type
6.2.1 Consumer Electronics
6.2.2 Industrial Electronics
6.2.3 Household Appliances
6.2.4 Other Source Types
6.3 By Application
6.3.1 Landfill
6.3.2 Recycled
6.3.3 Other Applications
6.4 By Country
6.4.1 United Kingdom
6.4.2 Germany
6.4.3 France
6.4.4 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Market Concentration Overview
7.2 Company Profiles
7.2.1 Biffa Group
7.2.2 Suez Group
7.2.3 Covanta Holding Corporation
7.2.4 Waste Management Inc.
7.2.5 Remondis SE & Co. Kg
7.2.6 Republic Services Inc.
7.2.7 Tetronics
7.2.8 Electronics Recycling International
7.2.9 Veolia Group
7.2.10 Sims Recycling Solutions*
- *List Not Exhaustive
7.3 Other Companies
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
9. APPENDIX
Europe E-Waste Management Industry Segmentation
E-waste management involves collecting, recycling, and disposing of electronic waste (e-waste), comprising computers, smartphones, televisions, and batteries. This process is crucial in curbing improper electronics disposal's environmental and health risks, given their standard hazardous components, including lead, mercury, and cadmium. A complete background analysis of the European e-waste management market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and geographical trends, is covered in the report.
The European e-waste management market is segmented by material type (metal, plastic, glass, and other material types), source type (consumer electronics, industrial electronics, household appliances, and other source types), application (landfill, recycled, and other applications), and country (United Kingdom, Germany, France, Russia, and Rest of Europe). The report offers market sizes and forecasts for all the above segments in terms of value (USD).
| By Material Type | |
| Metal | |
| Plastic | |
| Glass | |
| Other Material Types |
| By Source Type | |
| Consumer Electronics | |
| Industrial Electronics | |
| Household Appliances | |
| Other Source Types |
| By Application | |
| Landfill | |
| Recycled | |
| Other Applications |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Rest of Europe |
Europe E-Waste Management Market Research FAQs
How big is the Europe E-Waste Management Market?
The Europe E-Waste Management Market size is expected to reach USD 28.88 billion in 2024 and grow at a CAGR of 5.02% to reach USD 36.90 billion by 2029.
What is the current Europe E-Waste Management Market size?
In 2024, the Europe E-Waste Management Market size is expected to reach USD 28.88 billion.
Who are the key players in Europe E-Waste Management Market?
Biffa Group, Suez Group, Covanta Holding Corporation, Waste Management Inc. and Remondis SE & Co. Kg are the major companies operating in the Europe E-Waste Management Market.
What years does this Europe E-Waste Management Market cover, and what was the market size in 2023?
In 2023, the Europe E-Waste Management Market size was estimated at USD 27.43 billion. The report covers the Europe E-Waste Management Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe E-Waste Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe E-Waste Management Industry Report
Statistics for the 2024 Europe E-Waste Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe E-Waste Management analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
