PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1392105
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1392105
Home Appliance Recycling Market, By Product Type (Refrigerators, Dishwashers, Air conditioners, Washing machines, Others ), By Material Metal, Plastic, Glass, Others), By End User, By Distribution Channel, By Geography
Global home appliance recycling market is expected to reach US$ 30.22 billion by 2030, from US$ 18.46 billion in 2023, exhibiting a CAGR of 7.3% during the forecast period.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 18.46 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 7.30% | 2030 Value Projection: | US$ 30.22 Bn |
Home appliance recycling is becoming increasingly important in society due to growing concern about environmental sustainability. Due to rapid advancements in technology and constant introduction of new appliances into the market, the need for proper disposal and recycling of old appliances has become crucial. Home appliance recycling involves collecting discarded appliances, such as refrigerators, washing machines, air conditioners, and televisions, and processing them to recover valuable materials and reduce the impact on the environment.
Market Dynamics:
Global home appliance recycling market growth is driven by increasing awareness among consumers regarding the environmental impact of improper disposal of appliances. Growing concerns over climate change has led to increase in environmentally conscious consumers who actively seek to reduce their carbon footprint. Government incentives and regulations promoting recycling and sustainable practices have contributed to the growth of the market.
However, there are certain restraints that hinder the growth of the global home appliance recycling market. One of the major challenges is the lack of proper collection and recycling infrastructure in certain regions. Inadequate recycling facilities and limited awareness among consumers about the importance of recycling pose significant challenges to the growth of the market. Furthermore, the high costs involved in recycling technologies and processes can also act as a restraint.
Despite these restraints, the global home appliance recycling market presents numerous opportunities for growth. Increasing adoption of circular economy principles that aim to minimize waste and maximize the use of resources is expected to boost demand for recycling services. Moreover, growing e-commerce platforms and online retailing has led to increase in the sale of appliances, resulting in a greater need for proper disposal and recycling when these appliances reach their end of life.
Key features of the study:
- This report provides in-depth analysis of the global home appliance recycling market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global home appliance recycling market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include ARCA Recycling, Canadian Appliance Recycling Inc, A2Z Home Appliances, UK Appliance Recycling Ltd, Energy Star, Morningside Recycling, Jingdong, A1 Appliances, GE Appliances
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global home appliance recycling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global home appliance recycling market
Home Appliance Recycling Market Detailed Segmentation:
- By Product Type
- Refrigerators
- Dishwashers
- Air conditioners
- Washing machines
- Others (ovens, dryers etc.)
- By Material
- Metal
- Plastic
- Glass
- Others
- By End User
- Residential
- Commercial
- By Distribution Channel
- Offline
- Online
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Top companies in Global Home Appliance Recycling Market:
- ARCA Recycling
- Canadian Appliance Recycling Inc
- A2Z Home Appliances
- UK Appliance Recycling Ltd
- Energy Star
- Morningside Recycling
- Jingdong
- A1 Appliances
- GE Appliances
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Material
- Market Snippet, By End user
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Stringent Government Regulations and Guidelines
- High Recycling Costs and Complex Processes
- Partnerships with Retailers for Take-Back Programs
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Home Appliance Recycling Market- Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Home Appliance Recycling Market, By Product Type, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Refrigerators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Dishwashers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Air conditioners
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Washing machines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Others (ovens, dryers etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
6. Global Home Appliance Recycling Market, By Material, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Metal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Plastic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
7. Global Home Appliance Recycling Market, By End user, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
8. Global Home Appliance Recycling Market, By Distribution Channel, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
9. Global Home Appliance Recycling Market, By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2019 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End userr, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End userr, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End userr, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East
10. Competitive Landscape
- ARCA Recycling
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Canadian Appliance Recycling Inc
- A2Z Home Appliances
- UK Appliance Recycling Ltd
- Energy Star
- Morningside Recycling
- Jingdong
- A1 Appliances
- GE Appliances
- Analyst Views
11. Section
- Research Methodology
- About us
