E-Waste Management Market Forecast By End-use Industry 2014-2020 E-Waste Management Market Forecast By End-use Indu | Page 4

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Description
Report Description
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One of the main reasons for growth of e-waste is rapid product innovation, especially in
electronics and home appliances like migration from analogue to digital technologies and
to flat-screen televisions and monitors. Additionally, economic growth coupled with
urbanization and industrialization, and mass production of electronic goods have led to
price reduction of these goods, almost doubling the universal demand for such products
which eventually turn into e-waste. According to the UN, more than 33% increase in
electronic waste is expected in the coming four years.
Major regions across the globe generating e-waste is the United States, followed by
Europe and Asia-Pacific. The average e-waste produced by the U.S. in 2012 was estimated
to be about 29 kg per person. The lowest e-waste producing countries were Haiti, which
generated less than 8,000 tonnes of waste in 2012, followed by Afghanistan.
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Many IT and electronic goods manufacturing companies like Dell, Cisco, HP as well as
multiple agencies from Switzerland, Egypt, England, China, Japan and others have joined
hands with StEP (Solving the E-waste Problem), a global organization for improving ewaste disposal methods. Various other measures are being adopted to minimize e-waste,
including technical intervention like product design, production process modification, use
of renewable material a nd energy, and green packaging option. Then there is the