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The Vietnam electronic waste market size is expected to grow at a CAGR of 3.20% during the forecast period of 2024-2032, owing to the fast development and sales of electronic devices.
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Outdated electronics and electrical equipment are referred to as ‘e-waste’, or electronic waste. Used electronics that can be recycled through material recovery, resale, refurbishment, reuse, or disposal are referred to as e-waste. E-waste is a rapidly growing source of garbage in both developed and developing countries. Due to the poisonous compounds that naturally leach from the metals when buried, e-waste can be especially harmful.
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Based on type, the market is segmented into lighting devices (LED), consumer electronics, appliances, computer and telecommunications appliances, and vending machines, among others. The market is divided on the basis of materials into glass waste, wood waste, plastics, PU foam, and metal, among others. The major regional markets for electronic waste in Vietnam can be divided into North Vietnam, South Vietnam, and Central Vietnam.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Vietnam electronic waste market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
The consumer electronics and appliances segments is anticipated to hold one of the largest shares in the electronic waste market in Vietnam over the forecast period. Home appliances are the main sources of e-waste. An increase in per capita income, technological advancements, and an increase in population are the factors influencing an increase in the sale of electronic equipment.
Nowadays, home appliances like refrigerators, lamps, microwave ovens, toasters, and dishwashers make up the majority of electrical items found in scrap. Due to consumers' propensity to buy new items rather than repairing them, small appliances like toasters, dishwashers, and microwaves become e-waste. As a result, this is contributing to the growth of Vietnam electronic waste market.
The computer and telecommunications appliances section will likely hold the second-largest share of the electronic waste market in Vietnam. Computer and laptop sales have exploded all across the world, including in Vietnam. The IT industry revolution and expanding sale and replacement of communication equipment in the country have also significantly contributed to generation of electronic waste.
The metal segment is anticipated to hold a substantial share of the Vietnam electronic waste market during the forecast period. Antimony, cadmium, arsenic, nickel, beryllium, indium, chromium, cobalt, lead, mercury, and thallium are a few of the hazardous metals utilised in electronics.
The plastic section is also expected to hold a significant share of the market share. Compared to recycled materials like milk jugs or soda bottles, plastics used in electronics have a different composition. The plastic used to make phone cases is often a complicated polymer combination, which makes recycling difficult. Flame retardant properties and other technological developments, among others, make it very difficult to recycle plastic from e-waste. As a result, Vietnam's electronic waste is growing.
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SGS Société Générale de Surveillance SA is the world's top provider of inspection, verification, testing, and certification services. The business provides services for examining the weight and condition of traded commodities during shipments and testing the goods against pertinent regulatory, health, and safety criteria. Its 96,000 employees manage a network of 2,700 offices and laboratories.
TES Group is a world-renowned expert in the design and construction of crucial power distribution, automation, and control systems for a variety of industries, including data centres, life sciences, renewable energy, and mining. TES Group is based in Northern Ireland. From initial project conceptualisation all the way through to design, construction, installation, and maintenance, TES offers clients comprehensive services.
Vietnam Waste Solutions is a completely owned subsidiary of California Waste Solutions (CWS), with its headquarters in California in the United States. The company was founded in 2007 to offer garbage treatment services to Vietnam, and it takes pride in being the top waste treatment provider in the country. It offers ownership, development, technical consulting, design and construction, waste disposal, and operation of treatment plants among its services.
Other market players include Ecotrade Group, Crown Records Management Vietnam, Dai Lam Son Co., Ltd, and Green Environment Production and Trade Services Co., LTD, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Types |
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Breakup by Materials |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Vietnam Electronic Waste Market Analysis
8.1 Key Industry Highlights
8.2 Vietnam Electronic Waste Historical Market (2018-2023)
8.3 Vietnam Electronic Waste Market Forecast (2024-2032)
8.4 Vietnam Electronic Waste Market by Types
8.4.1 Lighting Devices (LED)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Consumer Electronics
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Appliances
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Computer and Telecommunications Appliances
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Vending Machines
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Vietnam Electronic Waste Market by Materials
8.5.1 Glass Waste
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Wood Waste
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Plastics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 PU Foam
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Metal
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Vietnam Electronic Waste Market by Region
8.6.1 Market Share
8.6.1.1 North Vietnam
8.6.1.2 South Vietnam
8.6.1.3 Central Vietnam
9 Regional Analysis
9.1 North Vietnam
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 South Vietnam
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Central Vietnam
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 SWOT Analysis
11 Vietnam Electronic Waste Processing Value Chain Analysis
11.1 Materials Processed
11.2 Processers and Volume Handled
11.3 Handling of Final Product
12 Policy and Regulatory Framework
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 SGS Société Générale de Surveillance SA
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 TES Group
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Vietnam Waste Solutions
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Ecotrade Group
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Crown Records Management Vietnam
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Dai Lam Son Co., Ltd
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Green Environment Production and Trade Services Co., LTD
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Others
14 New Technologies
15 Key Trends and Developments in the Market
List of Figures and Tables
1. Vietnam Electronic Waste Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Electronic Waste Historical Market: Breakup by Type (USD Million), 2018-2023
3. Vietnam Electronic Waste Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Vietnam Electronic Waste Historical Market: Breakup by Material (USD Million), 2018-2023
5. Vietnam Electronic Waste Market Forecast: Breakup by Material (USD Million), 2024-2032
6. Vietnam Electronic Waste Historical Market: Breakup by Region (USD Million), 2018-2023
7. Vietnam Electronic Waste Market Forecast: Breakup by Region (USD Million), 2024-2032
8. Vietnam Electronic Waste Market Structure
The market is projected to grow at a CAGR of 3.20% between 2024 and 2032.
The major drivers of the market include the shorter lifecycles of electronics, increasing demand for electronics due to the increased economies of scale, and increase in per capita income.
The increasing need to upgrade to the newest technology, ownership of multiple electronic devices, and advancements in electronic device capabilities are the key industry trends propelling the growth of the market.
The various types of electronic waste are lighting devices (LED), consumer electronics, appliances, computer and telecommunications appliances, and vending machines, among others.
The major players in the Vietnam electronic waste market are SGS Société Générale de Surveillance SA, TES Group, Vietnam Waste Solutions, Ecotrade Group, Crown Records Management Vietnam, Dai Lam Son Co., Ltd, and Green Environment Production and Trade Services Co., LTD, among others.
When e-waste is heated, hazardous substances are emitted into the atmosphere. Dumping of electronic waste into landfills can result in potentially dangerous compounds seeping into the soil and groundwater, harming both land and marine life.
The various materials that form electronic waste are glass waste, wood waste, plastics, PU foam, and metal, among others.
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