Dive Brief:
- Analysts predict the global electronic waste management market will expand at a 14.6% compounded annual growth rate from 2014 to 2018.
- The report, Global E-waste Management Market 2014-2018, suggests an increase in environmental awareness worldwide will propel the market forward.
- Key players listed in the e-waste market include Waste Management Inc., American Retroworks Inc., California Electronic Asset Recovery Inc. (CEAR), and Sims Recycling Solutions Holdings Inc.
Dive Insight:
The forecast was compiled by Sandler Research using input from experts in the industry combined with in-depth market analysis. It separates the market into four categories: household appliances, IT communication technology, consumer electronics, and "other."
Demand for e-waste disposal is increasing due to the rapid pace of technological development, which makes more and more technology obsolete every year. A report released in February valued the e-waste industry at $41.36 billion by 2019.
