APAC E-Waste Management Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 5.00% |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC E-Waste Management Market Analysis
The APAC E-Waste Management Market is expected to register a CAGR of greater than 5% during the forecast period.
Asia-Pacific region is experiencing a significant rise in electronic waste due to rapid technological advancements, increased adoption of consumer electronics, and strong economic growth. China, India, and Japan are major contributors.
In August 2023, Japan announced a partnership with ASEAN countries to address e-waste challenges. This collaboration, established during an environment ministers' meeting, focuses on developing regulations for e-waste disposal. Japan will assist in creating registration and certification systems for waste management businesses, funded through its fiscal year 2024 budget.
This initiative aims to improve e-waste handling in Southeast Asia, which has struggled with environmental contamination and health risks due to lax waste import regulations. Japan also seeks to recover valuable metals from e-waste, supporting its electric vehicle industry and mitigating its limited domestic metal resources.
Meanwhile, in May 2024, South Korea's private equity and environmental firms increasingly invested in the landfill sector. Affirma Capital acquired Jentec, a major landfill operator, for KRW 500 billion (USD 368 million). Jentec operates a large landfill in Dangjin, South Chungcheong Province. This growing interest reflects increased confidence in waste management and suggests potential advancements in e-waste treatment technologies.
APAC E-Waste Management Market Trends
India's Upcoming EPR Certificate Platform to Boost E-Waste Recycling Efficiency
India's e-waste management market is rapidly expanding, fueled by the nation's rising electronic consumption and growing environmental concerns. E-waste generation in India surged from 1.01 million metric tonnes (MT) in 2019-20 to 1.751 million MT in 2023-24, underscoring the urgent need for sustainable recycling solutions. Ranking as the world's third-largest e-waste generator, India contributes around 3.2 million tonnes annually, with a notable 163% spike in waste from screens, computers, and IT devices. Yet, the nation's recycling infrastructure is lagging; a mere 5% of e-waste is processed through formal channels, leaving a daunting 95% to unregulated, informal sectors, which pose significant environmental and health hazards.
In March 2024, the Indian government launched an online platform aimed at trading Extended Producer Responsibility (EPR) certificates. This initiative seeks to address the growing challenges associated with EPR mandates, which hold producers accountable for recycling their products after disposal. The goal is to encourage the production of goods that are more recyclable and reusable.
The Central Pollution Control Board (CPCB) is at the helm of this platform, aiming to enhance transparency and efficiency in the EPR certificate market. Companies have the option to meet their recycling obligations either by managing waste internally or by purchasing EPR certificates from other entities that have exceeded their recycling targets. The CPCB will establish the guidelines and pricing for these certificates, basing their value on a percentage of the environmental compensation tied to unmet EPR targets.
Since the introduction of EPR directives in the E-Waste (Management) Rules of 2022, the government has processed a total of 5,615 EPR applications, granting approval to 4,865. Additionally, out of 285 applications received from recyclers, 196 have been approved. Significantly, the government has already exceeded its recycling target of 1.05 billion metric tons for Waste Electrical and Electronic Equipment (WEEE) and is now poised to strengthen these initiatives with the new platform.
China Highlights E-Waste Innovations and Sustainability Initiatives at Beijing Event
In 2023-24, China, the world's leading producer of electronic waste, generated over 15 million metric tons. Fast-forward to April 2024, the Qijiayuan Diplomatic Residence Compound (DRC) in Beijing hosted an event highlighting China's advancements in waste sorting and recycling. The exhibition showcased state-of-the-art AI-driven waste-sorting machinery and products made from recycled materials. The event also featured interactive activities for children, underscoring the significance of recycling.
China aims to recycle 50% of its electronic waste by 2025. E-waste, the world's fastest-growing waste stream, poses serious environmental and health challenges, especially in countries like China, which are pivotal in both importing and producing it. In light of these challenges, the Chinese government, in collaboration with global entities and corporations, is intensifying its e-waste recycling efforts. Yet, the formal recycling process operates at only 40% efficiency, leaving a significant amount of e-waste managed informally, leading to heightened environmental and health risks.
The "China Circular Electronics and Material Value Chains" project, spearheaded by the Platform for Accelerating the Circular Economy (PACE) of the World Economic Forum, exemplifies efforts to integrate recycled materials into electronic products. This initiative, a collaboration between multinational corporations, the Chinese government, and the local material recovery sector, aims to pilot innovative regulatory strategies, technologies, and partnerships.
The event, organized by the Beijing Municipal Center for Foreign-related Environment Sanitation Services, highlighted China's commitment to tackling e-waste through AI, IoT, big data, and cloud computing. The China International Press Communication Center (CIPCC), part of the China Public Diplomacy Association (CPDA), facilitated the event as a media exchange program, resuming after a hiatus during the COVID-19 pandemic. The initiative welcomed over 100 journalists from more than 90 countries, emphasizing media exchange and insights into China's progress.
Through these initiatives, China is positioning itself as a leader in sustainable e-waste management technology. This strategy not only aims to enhance China's global stature but also seeks to amplify its influence in international environmental discussions.
APAC E-Waste Management Industry Overview
The e-waste management market in Asia-Pacific sees intense competition, with major firms like Veolia Group, Remondis, and Averda, alongside Sims Recycling Solutions and TES-AMM, leading the charge. Veolia Group and Remondis, in particular, stand out for their emphasis on advanced recycling technologies and broadening service portfolios to handle diverse electronic waste streams.
These market leaders prioritize sustainability, forging partnerships with local governments to bolster e-waste collection and recycling infrastructure. Attero, a prominent player in India's e-waste landscape, has a widespread collection network and cutting-edge recycling methods. Collectively, these firms are propelling the APAC e-waste market forward through a strategic focus on technology, regulatory adherence, and sustainable initiatives, paving the way for a more efficient and eco-conscious e-waste management landscape.
APAC E-Waste Management Market Leaders
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Veolia Group
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Remondis
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Averda
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Sims Recycling Solutions
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TES-AMM
- *Disclaimer: Major Players sorted in no particular order
APAC E-Waste Management Market News
- April 2024: Customized Energy Solutions, a New Delhi-based company, partnered with EARTHDAY.ORG and Kabadiwalla Connect to address battery e-waste in India. This collaboration aims to enhance waste management by improving the identification, segregation, and recycling of used batteries and related electronic waste, contributing to the country's clean-up and sustainability efforts.
- January 2024: Attero and Mahindra Last Mile Mobility Ltd (MLMML) entered a strategic partnership to enhance EV battery recycling and address environmental concerns associated with the disposal of electric vehicle batteries. Attero specializes in e-waste management and lithium-ion battery recycling, while MLMML, a Mahindra & Mahindra company, produces electric three-wheelers like Treo and Zor.
APAC E-Waste Management Industry Segmentation
E-waste management encompasses 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 APAC 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 Asia-Pacific e-waste management market report is segmented by material type (metal, plastic, glass, and other materials), source type (consumer electronics, industrial electronics, household appliances, and other sources), application (landfill, recycled, and other applications), and country (China, Japan, India, South Korea, and Rest of Asia-Pacific). The report offers market size and forecasts for all the above segments in value (USD).
| By Material Type | Metal |
| Plastic | |
| Glass | |
| Other Materials | |
| By Source Type | Consumer Electronics |
| Industrial Electronics | |
| Household Appliances | |
| Other Sources | |
| By Application | Landfill |
| Recycled | |
| Other Applications | |
| By Country | China |
| Japan | |
| India | |
| South Korea | |
| Rest of Asia-Pacific |
| Metal |
| Plastic |
| Glass |
| Other Materials |
| Consumer Electronics |
| Industrial Electronics |
| Household Appliances |
| Other Sources |
| Landfill |
| Recycled |
| Other Applications |
| China |
| Japan |
| India |
| South Korea |
| Rest of Asia-Pacific |
APAC E-Waste Management Market Research FAQs
What is the current APAC E-Waste Management Market size?
The APAC E-Waste Management Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)
Who are the key players in APAC E-Waste Management Market?
Veolia Group, Remondis, Averda, Sims Recycling Solutions and TES-AMM are the major companies operating in the APAC E-Waste Management Market.
What years does this APAC E-Waste Management Market cover?
The report covers the APAC E-Waste Management Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the APAC E-Waste Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
APAC E-Waste Management Industry Report
Statistics for the 2025 APAC E-Waste Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. APAC E-Waste Management analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
