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India e-Waste Management Market Valued at US$ 1,660.46 Million in 2023, Projected to Reach US$ 5,198.52 Million by 2032, with a CAGR of 13.52% During 2024-2032 | Astute Analytica

09-27-2024 09:40 AM CET | IT, New Media & Software

Press release from: Astute Analytica

India e-Waste Management Market Valued at US$ 1,660.46 Million

The ๐ˆ๐ง๐๐ข๐š ๐ž-๐–๐š๐ฌ๐ญ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at approximately ๐”๐’$ ๐Ÿ,๐Ÿ”๐Ÿ”๐ŸŽ.๐Ÿ’๐Ÿ” ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘, according to recent industry analysis. With the rapid increase in electronic consumption and the subsequent rise in electronic waste, this market is projected to experience significant growth, reaching an estimated valuation of ๐”๐’$ ๐Ÿ“,๐Ÿ๐Ÿ—๐Ÿ–.๐Ÿ“๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. This growth represents a robust compound annual growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ‘.๐Ÿ“๐Ÿ% during the forecast period from ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž- https://www.astuteanalytica.com/request-sample/india-e-waste-management-market

The surge in the e-Waste Management Market can be attributed to various factors, including the proliferation of electronic devices, growing awareness about the environmental impact of e-waste, and government initiatives promoting sustainable waste management practices. In addition, technological advancements in recycling processes are further enhancing the efficiency of e-waste management.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ: ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐š๐ง๐ ๐”๐ซ๐›๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง

India's urban population is expected to swell to over 600 million by 2030, a factor that contributes to increased electronic consumption and consequently, e-waste generation. Annually, urban India witnesses an electronic sales growth rate exceeding 10%, adding more gadgets into the life cycle that ultimately turn into e-waste. As per recent estimates, there are over 1.14 billion mobile subscribers in India, and this number is growing, with a penetration rate of mobile phones reaching nearly 75% of the population in the e-waste management market. The government's Digital India initiative is accelerating this growth by aiming to ensure government services are available to citizens electronically. The initiative is not just increasing the number of electronic devices in use but also driving the growth of the IT and BPM sector, which is expected to reach a market size of over $350 billion by 2025. As these devices reach their end-of-life, the e-waste they generate has necessitated the development of an efficient management system. The burgeoning IT hubs and smart city projects have also led to an influx of electronic waste, with metropolitan areas like Bengaluru, Mumbai, Pune, and Delhi accounting for a significant share of the country's e-waste - almost 25%.

The growth in the manufacturing sector, which contributes to about 25% of the GDP, is another contributing factor to e-waste management market growth. India's production of electronic goods has increased by over 17% in the last couple of years, indicating that as the country scales its manufacturing capabilities, the management of electronic waste becomes even more critical. Furthermore, consumer electronics' lifespan has been reducing, with an estimated 60% of consumers replacing their gadgets within 2-3 years due to rapid obsolescence.

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐ฆ๐ž๐๐ข๐š ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐จ๐ง๐ญ๐š๐œ๐ญ:- https://www.astuteanalytica.com/industry-report/india-e-waste-management-market

๐“๐จ๐ฉ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐„-๐–๐š๐ฌ๐ญ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ

A2Z Group
BVG
Cosmos Recycling
Ecogreen Energy Pvt. Ltd.
Ecowise Waste Management Pvt. Ltd
Green IT Recycling Center Pvt Ltd.
HYDROAIR TECTONICS (PCD) LTD
JITF Urban Infrastructure Limited
Ramky Group
Tatva Global Environment Ltd
TES HQ
Waste Ventures India
Whitelake Organics Pvt Ltd
Other Prominent Players

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

๐๐ฒ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ซ

Glass Recycler
Metal Recycler
Plastic Recycler
PCB Recycler
By Source Type

Household Appliances
Washing Machines
Refrigerators
Air Conditioners
Others
Consumer Electronics
Televisions
Computers & IT Devices
Phones
Others
Industrial Equipment
Others
By Applications

Disposals
Reuse
Landfill
Incineration
Recycled
By Material

Metals
Ferrous
Non-Ferrous
Copper
Aluminium
Gold
Silver
Cadmium
Others
Plastics
Glass
Others
By States

North India
Uttar Pradesh
Punjab
Haryana
Himachal Pradesh
Uttarakhand
West India
Rajasthan
Maharashtra
Madhya Pradesh
East India
Jharkhand
Odisha
West Bengal
Rest of East India
South India
Tamil Nadu
Karnataka
Kerala
Andhra Pradesh

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/india-e-waste-management-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

๐†๐ž๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐œ๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ
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