Germany E-Waste Management Market Research Report, 2028

Since the quick speed of technological advancement, along with rising consumer demand, many items become useless, technologically irrelevant, or outmoded after only a few years of usage. As a result, electronic garbage has become one of the world's fastest-growing waste streams. E-waste, also known as electronic waste, is garbage produced when electrical and electronic equipment becomes unsuitable or obsolete for its original function. Plastics, metals, printed circuit boards, cathode ray tubes (CRTs), cables, and other materials make up the majority of e-waste. When E-Waste is professionally handled, precious metals such as copper, silver, gold, and platinum may be recovered. Germany is one of the market leaders in the electronic waste management industry, along with the United Kingdom, China, Italy, and France among the top five countries. According to the research report “Germany E-Waste Management Market Research Report, 2028," published by Actual Market Research, the market will add by USD 1.25 Billion in the upcoming period, 2023–2028. Large household equipment, such as washing machines and electric stoves, are the most commonly collected, accounting for more than half of all e-waste collected. This is followed by information and communication technology (IT) and telecommunications equipment (laptops, printers), consumer electronics and photovoltaic panels (video cameras, fluorescent lighting), and small domestic appliances (vacuum cleaners, toasters). Other categories, such as electrical tools and medical devices, account for just 7.2% of total e-waste collected. According to Germany’s statutory waste hierarchy, consumption avoidance (and thereby waste prevention) is the top priority, followed by recycling and disposal. But this hierarchy is for the most part disregarded in practice. Electrical and electronic waste recycling yields are already excellent for iron, copper and aluminum, but there is considerable room for improvement in precious and special metal recovery rates for laptops, cell phones, smartphones, computers and the like, all of which contain many resource metals. While oftentimes the amount of such metals in each individual device is minute, the overall substance stream adds up to a considerable yield. For example, a ton of cell phones contains around 250 grams of gold, whereas a ton of gold ore contains only around five grams of gold. In view of the fact that primary extraction of gold and other resource metals is often associated with an extremely high environmental load, these materials should be systematically recycled; and the first step toward reaching this goal is to improve collection rates of the devices that contain these materials. Combining this type of electrical and electronic waste with other such waste (e.g. from printers and copiers) containing fewer resources reduces the proportion of valuable materials in the substance stream. Germany's WEEE law holds public waste management authorities responsible for providing collection points for disposal of common household WEEE. In 2018, Germany (43.1%) fell just short of the statutory collection rate of 45%. To achieve the 65 percent rate that will go into effect in 2019, we will need to significantly increase our WEEE collecting activities. It is critical in this case to guarantee that waste electrical and electronic equipment (WEEE) is collected countrywide, free of charge, and close to homes, among other things by extending the options for returning it. Furthermore, unauthorized collection and export of WEEE and components must be prohibited, and all operators in the waste management chain must comply with their reporting duties for amounts placed on the market and collected. Manufacturers, public disposal firms, and distributors must also provide more consistent information on legal methods of returning WEEE, as well as consumer information regarding the reasons for separate collection of WEEE, such as resource conservation or pollutant reduction. Unfortunately, faulty electronic equipment’s are frequently not fixed, and instead, users chose to purchase new ones, resulting in electronic waste in Germany. It is also fairly unusual for outdated but still completely working gadgets to be replaced. This is frequently due to a desire for a newer, better, or more current device. What is now ordinary behavior with televisions and cellphones might have disastrous ecological implications. Electronic garbage in Germany and electronic waste in general, comprise not only various recyclable resources, but also a number of poisonous and ecologically dangerous compounds. As a result, e-waste has become a global threat. Some of the E-waste recycling companies in Germany are Exitcom Recycling GmbH, Electronics Recycling Services LLC, ZERMA Europe GmbH & Co. KG, Adelmann Umwelt GmbH, Adelmann Umwelt GmbH, Der Grüne Punkt - Duales System Deutschland AG, Noex AG and many more. Considered in this report • Geography: Germany • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Germany E-Waste market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Application Type • Trashed • Recycled By Material Type • Metal • Plastic • Glass • Others By Source Type • Household Appliances • Consumer Electronic • Industrial Electronic The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to E-Waste Management market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.