Saudi Arabia E-Waste Management Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia E-Waste Management Market is estimated to reach USD XX billion by 2033 with a CAGR of 7.31%.
The report includes an in-depth analysis of the Saudi Arabia E-Waste Management Market, including market size and trends, product mix, applications, and supplier analysis. The methodical processing of abandoned electrical and electronic equipment, including computers, cellphones, televisions, and home appliances, is known as "e-waste management." To reduce the negative effects on the environment, this process entails collecting, classifying, recycling, and securely disposing of electronic trash. Recovering valuable materials, cutting down on the amount of garbage dumped in landfills, and minimizing the discharge of dangerous elements into the environment are the three main goals of effective e-waste management. To guarantee that electronic waste is handled sustainably and responsibly, promoting resource conservation and environmental protection, it involves a range of stakeholders, including governments, manufacturers, recycling companies, and consumers. It also includes regulatory frameworks and awareness campaigns.
- April 2024; Leading e-waste management company Enviroserve increased the scope of its business in Saudi Arabia by opening a cutting edge recycling facility in Riyadh that can handle more electronic garbage in an environment friendly manner.
- May 2024; Verda collaborated with Jeddah’s local governments to establish a comprehensive e-waste collection and recycling program with the goal of raising awareness of appropriate disposal techniques among locals and companies.
Market Opportunities and Challenges
Opportunities- Innovations and electronic technologies are always growing and improving. These days, these technologies are essential to our way of life as well as the growth of our economy. However, as technology develops, it gets harder to shield the ecosystem and public health from the potentially damaging impacts of incorrect waste treatment and disposal. The government, together with several agencies affiliated with it, has set tight criteria for the appropriate collection and disposal of e-waste. Each party involved in the product's lifespan, including the manufacturer, producer, collector facility, dealers, buyer, dismantler, and recycler, has their responsibilities outlined in the rule.
Challenges- One major environmental problem the world is currently facing is the disposal of e-waste. Landfills may become the destination for e-waste that is improperly disposed of and contains potentially hazardous materials. This element also contributes to the soil's contamination with heavy, dangerous, and poisonous metals like cadmium, lead, mercury, and arsenic.
When these hazardous substances leak into groundwater systems and pollute the water, it becomes a major problem. Also, hazardous substances that seep from e-waste may be exposed to landfill workers. Computers, TVs, smartphones, printers, scanners, and fax machines are examples of e-waste items.
Market Competitive Landscape
The Saudi Arabia E-Waste Management Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry 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.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material, By Source Type, By Application
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| Regions covered | Central Region, Northern Region, Southern Region, Eastern Region, Western Region.
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| Companies Covered | 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.
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COVID-19 Impact on Saudi Arabia E-Waste Management Market
It was anticipated that during the COVID-19 lockdown, more people would use electrical and electronic devices due to digitization and increased time spent at home. But during the first several months of the pandemic, fewer electrical devices were used. COVID-19 also emphasized the connections between global environmental and social systems. causing individuals to become more conscious of the need to cut down on e-waste in their typical homes.
Key Target Audience:
- Government Agencies
- Large Corporations
- Small and Medium Enterprises
- Educational Institutions
- Healthcare Facilities
- Retailers and Distributors of Electronics
- Environmental NGOs
Our in-depth analysis of the Saudi Arabia E-Waste Management Market includes the following segments:
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By Material:
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Metal
Plastic
Glass
Others
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By Source Type:
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Household Appliances
Industrial Electronics
Consumer Electronics
Others
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By Application:
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Trashed
Recycled
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Key Topics Covered in the Report:
- Saudi Arabia E-Waste Management Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia E-Waste Management Market
- Segmentation of Saudi Arabia E-Waste Management Market by Material (Metal, Plastic, Glass, Others)
- Segmentation of Saudi Arabia E-Waste Management Market by Source Type(Lithium-ion, Lead Acid Battery, Others)
- Segmentation of Saudi Arabia E-Waste Management Market by Application (Trashed, Recycled)
- Statistical Snap of Saudi Arabia E-Waste Management Market
- Expansion Analysis of Saudi Arabia E-Waste Management Market
- Problems and Obstacles in Saudi Arabia E-Waste Management Market
- Competitive Landscape in the Saudi Arabia E-Waste Management Market
- Impact of COVID-19 and Demonetization on Saudi Arabia E-Waste Management Market
- Details on Current Investment in Saudi Arabia E-Waste Management Market
- Competitive Analysis of Saudi Arabia E-Waste Management Market
- Prominent Players in the Saudi Arabia E-Waste Management Market
- SWOT Analysis of Saudi Arabia E-Waste Management Market
- Saudi Arabia E-Waste Management Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst