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Worldwide E-Waste Revenues to More than Triple by 2020

Worldwide revenues from recycling waste electrical and electronic equipment (WEEE) will more than triple by 2020

According to a new study by the US company Allied Market Research. For the period 2014 to 2020, the analysts predict an annual revenue growth rate of just under 24 per cent. They put total revenues for 2014 at around $13.9bn. Should the market grow as quickly as they forecast, revenues would reach approximately $50bn in 2020. 

The most important growth drivers for the WEEE management market were technical advances and the resulting shortening of product life cycles for technical devices, wrote Allied Market Research. The acceleration of the rate at which devices reach end of life boosts e-scrap arisings. At the same time, however, the narrowing supply of valuable metals drives revenue growth from e-waste. 

The market research company expects that the costs of recycling end-of-life equipment will play a less important role as time goes on and awareness of the need for environmentally sound processing grows. Despite the high rate of projected revenue growth, the report's authors anticipate that in five years, more than half of worldwide WEEE arisings will still be disposed of without processing.

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Worldwide E-Waste Revenues to More than Triple by 2020

We have used the data destruction services of XPO IT on a number of occasions and have been exceptionally pleased with their levels of service, efficiency and customer care

IT Manager, Nottingham Solicitors

XPO IT offer an efficient and flexible collection service for the District Council IT disposals. They provide a Duty of Care Waste Transfer Note and Certificate of Disposal for every collection. Collection staff are always courteous and friendly and go about their work without causing any disruption to my working day

E-Business Admin Assistant, District Council

We have used XPO IT Services on numerous occasions, each time we have been very pleased with the service that they provide. Their collection/recycling scheme is the best we have used (and we have used a few!). Great service and great value for money!

Senior IT Technician, Staffordshire Hospice

XPO have always provided a high quality service.  Reliable, efficient and easy to use.  Always on time and professional with the disposal of equipment

Property Consultant, Birmingham Property Consultancy

Glad we found out about this company. Now I can be assured that our redundant IT equipment is being correctly handled and we can get rid of our smaller WEEE waste streams in parallel

Purchasing Manager, Automotive Equipment Supplier

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