Europe’s E-Waste Management Market to Witness Significant Growth

SEATTLE (Scrap Monster): The latest research report published by openPR suggests significant growth to Europe’s e-waste management market. The market is poised to grow at a rapid pace, with revenue expected to register a Compound Annual Growth Rate (CAGR) of 12.64% during the forecast period from 2021 to 2028.

The mounting e-waste volumes pose serious environmental challenges, thus making effective waste management crucial across the globe. Incidentally, Europe is a significant contributor to world’s electronic waste.

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The report contains segmented information about various key markets such as Poland, Russia, the United Kingdom, Germany, Belgium, France, Italy, and the rest of Europe. The report spotlights Umicore SA, Lifespan Recycling Co Inc, MBA Polymers Inc, and the Boliden Group as the frontrunners in offering innovative and sustainable e-waste management techniques, thus diverting tons of harmful electronic waste from ending up in landfills.

The report notes that a few countries such as Germany and Belgium have been proactive in implementing advanced e-waste management techniques that are focused on a circular economy approach.

The forecast CAGR growth reflects the commitment by the region to sustainable practices in handling electronic waste.