Saudi Arabia E-Waste Management Market Research Report, 2028

The Saudi Arabian Government's Municipal Services budget line item for 2022 is $50 billion, which is the same as its actual expected 2021 spending. Every year, Saudi Arabia generates over 53 million tonnes of garbage, damaging its soil and groundwater. According to the National Center for Waste Management in Saudi Arabia, the environmental damage caused by solid waste. Nearly half of total garbage is generated in three large cities: 21 percent in Riyadh, 14 precent in Jeddah, and 8 percent in Dammam. The majority of landfills in Saudi Arabia are nearing capacity. Saudis rely heavily on throwaway items, particularly single-use plastics. Recycling is scarce. The majority of municipal waste is disposed of, untreated, in landfills, while some is incinerated. Once the landfill sites are full, the land typically cannot be used for other purposes. Landfills in Saudi Arabia are usually not engineered to limit their harmful effects. E-waste product recycling and efficient circular flows can assist to mitigate the downstream effects of e-waste. Strategies to promote e-waste recycling can serve as a solid foundation for implementation in Saudi Arabia. Furthermore, governments should aggressively urge families to appropriately manage their e-waste by implementing regulatory procedures, such as convenient e-waste collection from locations, and positively encouraging trash reduction, reuse, and recycling behaviours. According to the research report “Saudi Arabia E-Waste Management Market Research Report, 2028," published by Actual Market Research, the market will add by USD 1.34 Billion in the upcoming period, 2023–2028. According to the source type, the market consists of Household Appliances such as air conditioners, dishwashers, and induction cookers, among others. Mobile devices, wearable, TVs, set-top boxes, monitors, laptops, tablets, computers, printers, scanners, and so on are all examples of consumer electronics. IT & Telecom Equipment, IT Accessories, PCBs, Digital Boards, Datacenters, Medical Equipment and Accessories are all examples of Industrial Electronics. Household sectors dominate the market since electronic gadgets are needed for almost all household tasks such as cleaning and cooking. Based on the material type such as Metal, Plastic, Glass, and others. Metal material is highly generated from e-waste in Saudi Arabia. E-waste contains several base and precious metals such as gold, silver, copper, nickel, and palladium. Having an effective method to extract these metals means they can be reused or if the metals are extracted at high purity, can be sold to offset the cost of processing and recycling E-waste. Currently, only around 22% of hazardous trash in Saudi Arabia gets recycled. In terms of e-waste, the country generated around 378,000 tonnes of e-waste per year in 2015, which had climbed to 595,000 tonnes by 2019. Because of unlawful disposal, which may pollute groundwater and soil, e-waste can harm the environment and harm the climate. Apart from that, trash processing in Saudi Arabia was non-existent until 2017; the National Transformation Program (NTP) 2020 targeted to improve the percentage of treated waste by 40% of total garbage generated, and Saudi Arabia Vision 2028 aimed for 100% recycling. International Trade Administration, 2020). SAV2030 also envisaged strategic collaboration to manage the country's garbage. Saudi Arabia has cooperated with the Ministry of Environment, Water, and Agriculture, the Saudi Investment Recycling Company, the National Recycling Center, and the Ministry of Municipal and Rural Affairs businesses to manage garbage via recycling. SAV2030's agenda includes improving the effectiveness of municipal solid waste management systems. This study contributes to the achievement of the e-waste management goals outlined in SAV2030 and NTP 2020 by increasing e-waste awareness and understanding among households. Households in Saudi Arabia have found it difficult to dispose of e-waste. At least one piece of electronic equipment, such as phones, laptop computers, and major appliances, is present in the relevant homes. Consumers face a hurdle when purchasing these goods since they are not provided with enough instructions on how to handle them after usage. Similarly, e-waste may be held in the home, in government storage facilities, and in offices for future disposal. Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, Oman, and Qatar are members of the Gulf Cooperation Council (GCC). Saudi Arabia, for example, generates a considerable volume of e-waste that is thrown in landfills. Saudi Arabia generates roughly 17.6 kg of e-waste per person per year, with a total yearly production of 595,000 tonnes. E-waste recycling in Saudi Arabia is being improved by private enterprises and non-profit groups, but it requires regulated mechanisms and actual measures. A strong legislative framework, as well as initiatives, is required to raise public knowledge about e-waste control and management, which has major consequences for human well-being and the environment. Some of the E-Waste management companies in Saudi Arabia are Tadweeer National Environment Recycling Company, Sorting and Recycling co for Environmental Service, Saudi Daz Co. Ltd, Holoul Recycling Solutions, Environment Development CO. Ltd, Holoul Ewaste Facility, TadweerSaudi, Dokat Al Khibra Contracting Co. - (DKCC), Safe Management for Industrial Waste and many more. Considered in this report • Geography: Saudi Arabia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Saudi Arabia 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.