Market Size of North America E-Waste Management Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 32.05 Billion |
Market Size (2029) | USD 38.96 Billion |
CAGR (2024 - 2029) | 3.98 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America E-Waste Management Market Analysis
The North America E-Waste Management Market size is estimated at USD 32.05 billion in 2024, and is expected to reach USD 38.96 billion by 2029, growing at a CAGR of 3.98% during the forecast period (2024-2029).
North America is bolstering its e-waste management with enhanced recycling technologies and initiatives. In April 2024, Minnesota proposed a bill to revamp its e-waste laws, eyeing free recycling for residents. The bill plans to finance this through a 3.2% retail fee on electronics, aiming to curb landfill waste and salvage valuable materials.
Concurrently, businesses are ramping up e-waste recycling and refurbishing while keeping a keen eye on their carbon footprint. In July 2024, BetterWorld Technology joined forces with PCs for People, intensifying their e-waste recycling efforts and community outreach and emphasizing adherence to stringent environmental norms.
Highlighting this trend, Dell's March 2024 showcase at South By Southwest (SXSW) featured a striking 3D QR code installation crafted from e-waste. The installation guided users to a web page by DELL that streamlines the recycling process with prepaid shipping labels. The company also advocates for trade-in and recycling solutions for products from Dell and other brands.
These collective endeavors underscore North America's pivot toward pioneering recycling solutions, with a dual focus on bolstering consumer engagement and championing sustainable tech practices.