Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Material Type (Metal, Plastic, Glass, Others), By Source Type (Household Appliances, Industrial Electronics, Consumer Electronics), By Application (Trashed, Recycled) And Competitive Landscape
Product Code: ETC391730 | Publication Date: Aug 2022 | Updated Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Africa E-waste Management market |
Forecast period | 2024-2030 |
CAGR | 11.2% |
Growing Sector | Electronics |
The Africa E-waste Management market report thoroughly covers the market by material type, by source type, by application and by countries. The report provides an unbiased and detailed analysis of the on-going market 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.
The Africa E-waste Management Market is expected to grow from approximately USD 10.2 billion in 2024 to around USD 25.2 billion by 2030, with a compound annual growth rate (CAGR) of about 11.2% during this period. This significant growth is driven by increasing urbanization, rising consumer electronics consumption, and heightened awareness regarding the environmental impact of e-waste. Governments and private sectors are also implementing stricter regulations and initiatives to promote recycling and proper disposal of electronic waste. Furthermore, advancements in e-waste recycling technologies and the establishment of more collection and processing facilities across the continent are anticipated to boost market expansion through 2030.
The Africa E-waste Management Market is evolving rapidly due to increasing electronic device usage and a lack of comprehensive recycling infrastructure. As urbanization and technology adoption accelerate, Africa faces significant challenges in managing the rising volume of electronic waste, which poses environmental and health risks. The market is witnessing growth driven by both governmental initiatives and private sector investments aimed at improving recycling technologies and infrastructure. Key players are focusing on developing sustainable waste management solutions and raising awareness about the importance of e-waste recycling. Despite these efforts, the market still struggles with issues such as inadequate collection systems and informal recycling practices, which hinder overall progress.
According to 6Wresearch, Africa E-waste Management market size is projected to grow at a CAGR of 11.2% during 2024-2030. The growth of the Africa E-waste Management Market is primarily driven by increasing urbanization and the widespread adoption of electronic devices, leading to a surge in electronic waste. Government initiatives and policies aimed at improving waste management practices and enhancing recycling infrastructure are crucial drivers. Additionally, the rising awareness about environmental sustainability and the health hazards associated with improper e-waste disposal are prompting both public and private sectors to invest in advanced recycling technologies and better waste management solutions. The growing involvement of international organizations and partnerships in supporting e-waste management projects also contributes to market growth by providing technical assistance and funding.
Governments across Africa are increasingly recognizing the importance of effective e-waste management and are implementing various initiatives to address the growing challenge. These initiatives include the development of national e-waste management policies and regulations that mandate proper disposal and recycling of electronic waste. Many countries are establishing formal collection and recycling centers to streamline the e-waste processing and reduce environmental impact. Additionally, there are efforts to raise public awareness about the dangers of e-waste and promote environmentally friendly disposal practices. Governments are also partnering with international organizations and private sector players to enhance technical capabilities and improve infrastructure for better e-waste management.
Key companies in the Africa E-waste Management Market include major players such as Veolia Environmental Services, which is known for its comprehensive waste management solutions and technological expertise. Sims Metal Management, a global leader in metal recycling, is also active in the region, focusing on efficient e-waste processing and recovery. Other notable companies include African Recycling, which specializes in electronic waste collection and recycling services, and Tana Africa Capital, investing in sustainable waste management infrastructure. These companies are pivotal in advancing e-waste recycling technologies, improving collection systems, and addressing the environmental challenges posed by electronic waste in Africa.
The future of the Africa E-waste Management Market looks promising as advancements in technology and increasing environmental awareness drive innovation and improvement. Expect to see significant growth in the development of sophisticated recycling technologies and infrastructure, enhancing the efficiency of e-waste processing. The expansion of formal recycling networks and enhanced regulatory frameworks will likely address current challenges, such as informal recycling practices and inadequate collection systems. Additionally, greater collaboration between governments, private companies, and international organizations will foster more effective e-waste management solutions. As consumer electronics continue to proliferate, proactive measures and investments in sustainable e-waste management will be crucial for mitigating environmental and health impacts while capitalizing on the economic potential of recycling.
According to Ravi Bhandari, Research Head, 6Wresearch, in the Africa E-waste Management Market, various types of sources contribute to the growing volume of electronic waste. Household appliances, such as refrigerators, washing machines, and microwaves, are significant contributors due to their frequent replacement cycles and disposal. Industrial electronics, including machinery and equipment used in manufacturing and industrial processes, also generate substantial e-waste as technology upgrades and equipment failures lead to disposal needs. Consumer electronics, such as smartphones, laptops, and televisions, represent a major source of e-waste due to their rapid technological advancements and high turnover rates. Managing waste from these diverse sources requires targeted recycling strategies and infrastructure to address the unique challenges associated with each type of electronic product.
In the Africa E-waste Management Market, South Africa, Nigeria, and Kenya are key countries driving significant developments in e-waste management. South Africa is a regional leader with established recycling facilities and a growing regulatory framework to manage electronic waste effectively. Nigeria, with its large population and rapidly increasing electronic consumption, is making strides in developing e-waste management systems, though challenges remain in formalizing the recycling processes. Kenya is also emerging as a significant player, with government initiatives and partnerships aimed at improving e-waste collection and recycling infrastructure. Each of these countries is crucial in shaping the region’s approach to e-waste management, balancing growth with environmental sustainability.
The Africa E-waste Management market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa E-waste Management Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa E-waste Management Market Revenues & Volume, 2020 & 2030F |
3.3 Africa E-waste Management Market - Industry Life Cycle |
3.4 Africa E-waste Management Market - Porter's Five Forces |
3.5 Africa E-waste Management Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Africa E-waste Management Market Revenues & Volume Share, By Material Type, 2020 & 2030F |
3.7 Africa E-waste Management Market Revenues & Volume Share, By Source Type, 2020 & 2030F |
3.8 Africa E-waste Management Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Africa E-waste Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa E-waste Management Market Trends |
6 Africa E-waste Management Market, 2020 - 2030 |
6.1 Africa E-waste Management Market, Revenues & Volume, By Material Type, 2020 - 2030 |
6.2 Africa E-waste Management Market, Revenues & Volume, By Source Type, 2020 - 2030 |
6.3 Africa E-waste Management Market, Revenues & Volume, By Application, 2020 - 2030 |
7 South Africa E-waste Management Market, 2020 - 2030 |
7.1 South Africa E-waste Management Market, Revenues & Volume, By Material Type, 2020 - 2030 |
7.2 South Africa E-waste Management Market, Revenues & Volume, By Source Type, 2020 - 2030 |
7.3 South Africa E-waste Management Market, Revenues & Volume, By Application, 2020 - 2030 |
8 Nigeria E-waste Management Market, 2020 - 2030 |
8.1 Nigeria E-waste Management Market, Revenues & Volume, By Material Type, 2020 - 2030 |
8.2 Nigeria E-waste Management Market, Revenues & Volume, By Source Type, 2020 - 2030 |
8.3 Nigeria E-waste Management Market, Revenues & Volume, By Application, 2020 - 2030 |
9 Kenya E-waste Management Market, 2020 - 2030 |
9.1 Kenya E-waste Management Market, Revenues & Volume, By Material Type, 2020 - 2030 |
9.2 Kenya E-waste Management Market, Revenues & Volume, By Source Type, 2020 - 2030 |
9.3 Kenya E-waste Management Market, Revenues & Volume, By Application, 2020 - 2030 |
10 Rest of Africa E-waste Management Market, 2020 - 2030 |
10.1 Rest of Africa E-waste Management Market, Revenues & Volume, By Material Type, 2020 - 2030 |
10.2 Rest of Africa E-waste Management Market, Revenues & Volume, By Source Type, 2020 - 2030 |
10.3 Rest of Africa E-waste Management Market, Revenues & Volume, By Application, 2020 - 2030 |
11 Africa E-waste Management Market Key Performance Indicators |
12 Africa E-waste Management Market - Opportunity Assessment |
12.1 Africa E-waste Management Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Africa E-waste Management Market Opportunity Assessment, By Material Type, 2020 & 2030F |
12.3 Africa E-waste Management Market Opportunity Assessment, By Source Type, 2020 & 2030F |
12.4 Africa E-waste Management Market Opportunity Assessment, By Application, 2020 & 2030F |
13 Africa E-waste Management Market - Competitive Landscape |
13.1 Africa E-waste Management Market Revenue Share, By Companies, 2023 |
13.2 Africa E-waste Management Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |