Saudi Arabia E-Waste Market report comprehensively covers the market by different categories of e-waste. Saudi Arabia E-Waste Market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Saudi Arabia E-Waste Market Synopsis

The Saudi Arabia E-Waste Market is in its initial stage and expected to register significant growth during the forecast period owing to rise in e-waste generation due to population growth and increasing pace of digitalization. Also, government’s focus on circular economy to diversify and reduce oil-dependent economy, would lead to increase in collection and recycling of e-waste, thus driving the Saudi Arabia E-Waste Market growth.

 

According to 6Wresearch, Saudi Arabia E-Waste Market size is projected to grow at a CAGR of 7.1% during 2022-2028E. On account of early adoption of 5G in the Kingdom and higher rate of internet penetration, position the country as a lucrative destination for electronics market. Also, Saudi’s economy is diversifying towards digital sectors such as telecom, cybersecurity, opening of entertainment sector by the government, rapid expansion in tourism projects such as smart cities of NEOM and Red Sea Development Programme and others would augment the demand for both consumer and industrial electronics across the country. Thus, it would lead to mass disposition of obsolete electronic goods in coming years and would lead to higher e-waste generation in the kingdom.

 

Market by Categories

By categories, Small devices (Category II) majorly home appliances and medical equipment segment has captured majority of the market revenue share on account of rise in demand of home appliances, driven by urbanization and income growth.

 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.

Key Highlights of the Report

• Saudi Arabia E-Waste Market Overview
• Saudi Arabia E-Waste Market Outlook
• Saudi Arabia E-Waste Market Forecast
• Historical Data and Forecast of Saudi Arabia E-Waste Market Value for the Period 2018-2028F
• Historical Data and Forecast of Saudi Arabia E-Waste Market values, By Category, for the Period 2018-2028F
• Industry Drivers and Restraints
• Industry Life Cycle
• PESTEL Analysis
• Porter’s Five Force Analysis
• Impact Analysis of COVID-19
• Saudi Arabia E-Waste Market Trends and Evolution
• Purchase & Selling Price, By Category, 2021
• Key Performance Indicators
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Category

• Category I (Large Devices)
• Category II (Small Devices)
• Category III (Small IT & Telecommunication Equipment)
• Category IV (Temperature Exchange Equipment)
• Category V(Lamps)
• Category VI (Screens & Monitors)

Frequently Asked Questions About the Market Study:

1. Does the report consider COVID-19 impact?

The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.

2. How much growth is expected in the Saudi Arabia E-Waste Market over the coming years?

The Saudi Arabia E-Waste Market revenue is anticipated to record a CAGR of 7.1% during 2022-28.

3. Which segment has captured key share of the market?

By category, category II (small devices) has dominated the Saudi Arabia E-Waste Market share revenues owing to upgradation of medical equipment as well as government spending for healthcare was 7.82% of total budget in 2021.

4. Which segment is exhibited to gain traction over the forecast period?

Category III and category VI of e-waste would see major growth in revenue on account of increasing demand for smartphones, PCs and televisions owing to their valuable raw material composition.

5. Who are key the key players of the market?

The key players of the market include- Holoul Electronic Recycling Treatment Company, Saudi DAZ Electronic and Solid waste recycling Factory, Saudi Investment Recycling Company etc.

6. Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements.

7. We also want to have market reports for other countries/regions.

6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.