In a recent published report, Kenneth Research has updated the market report for E-waste Management Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for E-waste Management Market products.
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Kenneth Research, in its repository of market research reports, have recently added a report on E-waste Management Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2021 2030. The E-waste Management Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2030.
E-waste can be defined as electronic products that are reaching the end of their use. Several E-waste products are considered dangerous or hazardous, depending on the condition of the product. Discarded products such as computers and cell phones can leach harmful substances into the soil and groundwater. Due to this, it is necessary that a proper e-waste management system is in place. The management of e-waste can be carried out in various methods such as volume reduction, recovery and reuse, inventory management and modification in the production process itself.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Global E-waste Management Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several factors that are advantageous to the E-waste Management market such as the ability of E-waste Management to be able to reduced emissions and environmental harm. Factors such as the large cost for of the e-waste management is restraining the overall market growth.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global E-waste Management Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global E-waste Management Market Competitive Landscape
The “Global E-waste Management Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as STENA METALL AB, UMICORE SA, SIMS Metal Management Limited, Enviro-Hub Holdings Limited, MBA Polymers Inc., Triple M Metal LP, LifeSpan Technology Recycling Inc., CRT Recycling Inc., Tetronics Limited, and Electronic Recyclers International Inc.. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global E-Waste Management Market , By Type
*Trashed
*Recycle
Global E-Waste Management Market , By Source
*Household appliances
*IT and Telecommunications
*Consumer Electronics and Others
Global E-waste Management Market Geographic Scope
*North America
o U.S.
o Canada
o Mexico
*Europe
o Germany
o UK
o France
o Rest of Europe
*Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
*Latin America
o Brazil
*Rest of the World
Reasons to Purchase this Report
*Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
*Provision of market value (USD Billion) data for each segment and sub-segment
*Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
*Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
*Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
*Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
*The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
*Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
*Provides insight into the market through Value Chain
*Market dynamics scenario, along with growth opportunities of the market in the years to come
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