Saudi Arabia E-Waste Management Market Growth 2024, Share, Emerging Trends, Revenue, Industry Demand, Business Challenges, Future Opportunities and Forecast to 2033: SPER Market Research

Saudi Arabia E-Waste Management Market Growth 2024, Share, Emerging Trends, Revenue, Industry Demand, Business Challenges, Future Opportunities and Forecast to 2033: SPER Market Research

June 24, 2024
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The term “e-waste management” describes the appropriate disposal and handling of electronic garbage, which includes outdated or abandoned electronic devices including computers, televisions, and phones. The procedure entails the environmentally responsible collecting, transportation, recycling, refurbishing, and disposal of electronic trash. E-waste management aims to minimize pollution, conserve energy and natural resources, and promote sustainability in order to lessen the harmful effects of electronic waste on the environment and human health. In addition, effective e-waste management guarantees that precious materials, including copper, silver, and gold, can be recovered from electronic waste and used to make new products.

According to SPER Market Research, Saudi Arabia E-Waste Management Market Size- By Material, By Source Type, By Application, – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Saudi Arabia E-Waste Management Market is estimated to reach USD XX billion by 2033 with a CAGR of 7.31%.

Electronic devices and technology are constantly developing and proliferating. These technological advancements are now essential to both our way of life and the developing world economy. But as technology advances, protecting the environment and public health from the potentially harmful impacts of incorrect waste management and disposal becomes more and more difficult. Strict regulations and recommendations have been released by the government and different government-affiliated agencies for the appropriate collection and disposal of e-waste. Furthermore, a long-term ecological approach to electronics stewardship at home and at work is crucial, propelling the e-waste management business.

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Lack of thorough infrastructure and regulatory enforcement is a major barrier to the Saudi Arabian e-waste management business. Even while the value of recycling e-waste is becoming more widely recognized, the nation is still having trouble setting up a reliable and effective system for collecting and processing garbage. Inadequate infrastructure and recycling facilities, along with low public awareness and involvement, make it difficult to handle electronic trash effectively. Furthermore, the unorganized sector frequently processes e-waste incorrectly, endangering public health and the environment. The problem is made worse by the lack of stringent laws and incentives for manufacturers to adopt take-back policies and environmentally friendly practices, which impedes the development of a more organized and effective e-waste disposal system.

Impact of COVID-19 on Saudi Arabia E-Waste Management Market

The COVID-19 pandemic increased the amount of electronic waste generated in Saudi Arabia by encouraging people to utilize digital gadgets more for online learning and distant work. Effective e-waste management was hampered by the pandemic’s disruption of supply chains and recycling processes, though. In spite of these obstacles, stakeholders became more conscious of the need to enhance e-waste recycling infrastructure and legislation in order to manage the growing amount of electronic trash in a more sustainable manner.

Saudi Arabia E-Waste Management Market Key Players:

In Saudi Arabia, the Central Region more specifically, Riyadh has the largest portion of the e-waste management industry. As the nation’s capital and a significant economic center, Riyadh produces a lot of electronic trash due to its dense population, a lot of corporate activity, and improvements in technology making it the have the largest share in the market.  Major players in the market are Al-Qaryan Group, Arabian Environmental Science Ltd. (ARESL), Averda, Bee’ah, Blue Eco Waste Management, Desert Technologies, Enviroserve, Saudi Investment Recycling Company (SIRC), Waste Collection and Recycling Company (WASCO), and Zain Environmental Solutions.

Our in-depth analysis of the Saudi Arabia E-Waste Management Market includes the following segments:

By Material:

  • Metal
  • Plastic
  • Glass
  • Others

By Source Type:

  • Household Appliances
  • Industrial Electronics
  • Consumer Electronics
  • Others

By Application:

  • Trashed
  • Recycled

For More Information, refer to below link:-

KSA E-Waste Management Market Size

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