Press release
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
The ๐๐ง๐๐ข๐ ๐-๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ was valued at approximately ๐๐$ ๐,๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, 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 ๐๐$ ๐,๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐. This growth represents a robust compound annual growth rate (๐๐๐๐) ๐จ๐ ๐๐.๐๐% during the forecast period from ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- 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.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐ซ๐๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง
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 ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐ฆ๐๐๐ข๐ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ง๐ญ๐๐๐ญ:- https://www.astuteanalytica.com/industry-report/india-e-waste-management-market
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐-๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
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
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐๐๐ฒ๐๐ฅ๐๐ซ
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
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/india-e-waste-management-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
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๐๐๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ
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