Electronic or electrical equipment that has been discarded is known as electronic waste or e-waste. Also termed “end-of-life electronics,” e-waste encompasses discarded electronics intended for disposal, material recovery, recycling, resale, reuse, or refurbishing. Improper management of e-waste poses serious risks to public health and the environment, particularly in developing countries. With the surge in digital device usage driven by advancements like the digital revolution and emerging technologies, including cryptocurrency, e-waste has become a growing concern. Factors such as low recycling rates, short product life cycles, frequent model upgrades, and impulsive purchasing of electronics contribute significantly to the rapid increase in e-waste.
According to SPER Market Research, the North America E-Waste Management Market Size – By Material, By Source, By Application, – Regional Outlook, Competitive Strategies, and Segment Forecast to 2033 report estimates that the North American e-waste management market will reach USD 55,245.63 million by 2033, with a CAGR of 13.73%.
Market Drivers:
Awareness around the environmental impact of improper e-waste disposal has increased, leading to heightened consumer demand for eco-friendly alternatives and regulatory restrictions. Both individuals and businesses are actively seeking responsible e-waste management solutions. E-waste also contains valuable metals such as gold, silver, and rare earth elements, creating a strong incentive for recycling and recovery as natural sources of these materials become scarce. Additionally, many organizations are incorporating responsible e-waste management into their corporate social responsibility (CSR) initiatives, further driving market growth. Moreover, circular economy principles like waste reduction, product reuse, and material recycling are gaining traction, with e-waste management being essential to achieving these goals.
Market Restraints:
E-waste disposal remains one of today’s most critical environmental issues. If improperly handled, electronic waste, which often contains hazardous substances, may end up in landfills, contaminating soil with toxic metals like cadmium, lead, mercury, and arsenic. These toxic substances can seep into groundwater, posing a major environmental threat, and they also risk the health of landfill workers who may come into contact with them. E-waste items include computers, TVs, smartphones, printers, scanners, and fax machines.
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The COVID-19 pandemic reduced consumption of electronic products in the first three quarters of 2020, with a more significant impact on low- and middle-income countries where usage decreased by 30%, compared to a 5% reduction in high-income countries. This disparity further underscores the digital divide, as population growth in lower-income regions creates unequal access to technology and modern communication tools, amplifying the global social impact.
North America enforces strict e-waste legislation, such as the regulation in Victoria, where e-waste must be separated from other waste due to hazardous contents. The EPA oversees the Victorian Government’s e-waste policy across the region. The presence of major recycling companies in North America, including Aurubis AG, Enviro-Hub Holdings Ltd, Sensoneo, Sims Lifecycle Services, Inc., Big Belly Solar, LLC, and Waste Management Inc., is expected to continue advancing the e-waste management industry.
North America E-Waste Management Market Segmentation
By Material Type:
- Metal
- Plastic
- Glass
- Others
By Source:
- Household Appliances
- Industrial Electronics
- Consumer Electronics
By Application:
- Trashed
- Recycled
By Region:
- Canada
- Mexico United States
- Cuba, Panama
- Greenland
- Rest of North America
For More Information, refer to below link: –
North America E-Waste Management Market Outlook
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