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South Korea E Waste Management Market

ID: MRFR/ICT/57890-HCR
200 Pages
Aarti Dhapte
October 2025

South Korea E-Waste Management Market Research Report By Service Type (Material Recovery, Refurbishment, Recycling, Disposal, Logistics), By Source of E-Waste (Household Appliances, Consumer Electronics, IT Equipment, Telecommunications, Industrial Equipment), By End-user (Residential, Commercial, Industrial, Government), and By Material Type (Metals, Plastics, Glass, Circuit Boards)-Forecast to 2035

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South Korea E Waste Management Market Infographic
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South Korea E Waste Management Market Summary

As per MRFR analysis, the e-waste management market size was estimated at 1687.75 $ Million in 2024. The e waste-management market is projected to grow from 1957.79 $ Million in 2025 to 8638.25 $ Million by 2035, exhibiting a compound annual growth rate (CAGR) of 16.0% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea e-waste management market is experiencing robust growth driven by regulatory enhancements and technological advancements.

  • The largest segment in the South Korea e-waste management market is the consumer electronics sector, while the fastest-growing segment is the IT equipment segment.
  • Regulatory frameworks are being enhanced to promote sustainable e-waste management practices across the country.
  • Technological innovations in recycling processes are improving efficiency and recovery rates of valuable materials from e-waste.
  • Rising e-waste generation and government initiatives are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 1687.75 (USD Million)
2035 Market Size 8638.25 (USD Million)
CAGR (2025 - 2035) 16.0%

Major Players

Veolia (FR), Sims Limited (AU), Electronic Recyclers International (US), Umicore (BE), Stena Recycling (SE), Enviro-Hub Holdings (SG), E-Waste Systems (US), AER Worldwide (US)

South Korea E Waste Management Market Trends

The e-waste management market in South Korea is currently undergoing a transformative phase., driven by increasing awareness of environmental sustainability and the need for responsible disposal of electronic products. The government has implemented stringent regulations aimed at reducing electronic waste, which has led to the establishment of various collection and recycling programs. These initiatives not only promote recycling but also encourage manufacturers to adopt eco-friendly practices in their production processes. As a result, the market is witnessing a shift towards circular economy principles, where materials are reused and recycled, minimizing waste generation. Moreover, technological advancements are playing a crucial role in enhancing the efficiency of e waste management. Innovative recycling technologies are being developed to recover valuable materials from discarded electronics, thereby reducing the reliance on virgin resources. The collaboration between public and private sectors is also fostering a more robust infrastructure for e waste collection and processing. This collaborative approach appears to be essential for addressing the challenges posed by the growing volume of electronic waste. Overall, the The e-waste management market is set for growth., driven by regulatory support, technological innovation, and a collective commitment to sustainability.

Regulatory Framework Enhancement

The government of South Korea has strengthened its regulatory framework concerning e waste management. New policies are being introduced to ensure that manufacturers take responsibility for the lifecycle of their products. This includes mandates for proper disposal and recycling, which are expected to increase compliance among businesses and improve overall waste management practices.

Technological Innovations in Recycling

Advancements in recycling technologies are significantly impacting the e waste-management market. Innovative methods for extracting valuable materials from electronic devices are being developed, which not only enhance recovery rates but also reduce environmental harm. These technologies are likely to attract investment and improve operational efficiencies.

Public Awareness and Participation

There is a growing emphasis on public awareness regarding the importance of e waste management. Educational campaigns are being launched to inform citizens about proper disposal methods and the environmental impacts of electronic waste. Increased public participation in recycling programs is anticipated to bolster the effectiveness of e waste management initiatives.

South Korea E Waste Management Market Drivers

Rising E-Waste Generation

The e waste-management market in South Korea is experiencing a notable increase in e-waste generation, driven by rapid technological advancements and consumer electronics proliferation. In 2025, it is estimated that South Korea will generate approximately 1.5 million tons of e-waste, reflecting a growth rate of around 10% annually. This surge in electronic devices, including smartphones, laptops, and home appliances, necessitates effective waste management strategies. The growing volume of discarded electronics poses environmental challenges, prompting the need for robust recycling and disposal solutions. As a result, stakeholders in the e waste-management market are compelled to innovate and enhance their operational capabilities to address the escalating e-waste crisis. This trend indicates a pressing demand for efficient recycling processes and sustainable practices within the industry.

Collaboration with Private Sector

Collaboration between public and private sectors is emerging as a vital driver for the e waste-management market in South Korea. Partnerships between government agencies, non-profit organizations, and private companies are fostering innovative solutions for e-waste disposal and recycling. In 2025, it is projected that collaborative initiatives will lead to the establishment of at least 50 new recycling facilities across the country, enhancing the capacity for e-waste processing. These collaborations not only facilitate knowledge sharing and resource pooling but also promote the development of best practices in waste management. By leveraging the strengths of various stakeholders, the e waste-management market can achieve greater efficiency and effectiveness in addressing the challenges posed by increasing e-waste generation.

Government Initiatives and Policies

The South Korean government has implemented various initiatives aimed at promoting sustainable practices within the e waste-management market. Policies such as the Extended Producer Responsibility (EPR) mandate manufacturers to take responsibility for the entire lifecycle of their products, including disposal. This regulatory framework encourages companies to invest in recycling technologies and sustainable product designs. In 2025, government funding for e-waste recycling programs is projected to reach $50 million, reflecting a commitment to enhancing the infrastructure necessary for effective waste management. These initiatives not only aim to reduce the environmental impact of e-waste but also stimulate economic growth within the e waste-management market by creating jobs and fostering innovation in recycling technologies.

Technological Advancements in Recycling

Technological advancements are playing a crucial role in shaping the e waste-management market in South Korea. Innovations in recycling technologies, such as automated sorting systems and advanced material recovery techniques, are enhancing the efficiency and effectiveness of e-waste processing. In 2025, it is anticipated that the adoption of these technologies will increase recycling rates by up to 30%, significantly reducing the amount of e-waste sent to landfills. Furthermore, the integration of artificial intelligence and machine learning in recycling operations is expected to optimize resource recovery and minimize environmental impact. As these technologies continue to evolve, they present opportunities for companies within the e waste-management market to improve their operational efficiencies and contribute to a more sustainable future.

Consumer Demand for Sustainable Solutions

There is a growing consumer demand for sustainable solutions in the e waste-management market in South Korea. As awareness of environmental issues increases, consumers are becoming more conscious of their electronic waste disposal practices. Surveys indicate that approximately 70% of South Koreans prefer to use services that ensure responsible recycling of their electronic devices. This shift in consumer behavior is prompting companies to adopt more sustainable practices, such as offering take-back programs and eco-friendly recycling options. The e waste-management market is likely to benefit from this trend, as businesses that align with consumer preferences for sustainability may experience increased market share and customer loyalty. This evolving landscape suggests that companies must adapt to meet the expectations of environmentally conscious consumers.

Market Segment Insights

By Service Type: Recycling (Largest) vs. Material Recovery (Fastest-Growing)

In the South Korea e waste-management market, Recycling dominates the service type segment, accounting for a substantial portion of the market share. Following closely, Refurbishment and Disposal services also hold significant positions, but Logistics and Material Recovery are evolving rapidly in their market contributions. Consumer awareness and technological advancements contribute to the growth dynamics of these services. Current trends indicate that the Material Recovery segment is experiencing accelerated growth, driven by stricter environmental regulations and increased demand for sustainable practices. This growth is fueled by innovation in recovery technologies and an emphasis on resource conservation. The logistics services are adapting to optimize these processes, further enhancing the overall market efficiency and effectiveness.

Recycling (Dominant) vs. Material Recovery (Emerging)

Recycling stands as the dominant service type within the South Korea e waste-management market, emphasizing the transformation of electronic waste into reusable materials. It encompasses various processes that efficiently recover valuable resources such as metals and plastics, contributing to circular economy initiatives. Conversely, Material Recovery is emerging swiftly, characterized by its focus on extracting essential components from e-waste, thereby minimizing landfill waste. Both segments benefit from technological advancements that enhance recovery rates and reduce environmental footprints. The demand for greener solutions propels investment in these sectors, signifying their critical roles in creating sustainable waste management practices.

By Source of E-Waste: Household Appliances (Largest) vs. Consumer Electronics (Fastest-Growing)

The market share distribution within the source of e-waste segment reveals that Household Appliances contribute significantly to the overall e-waste generated, holding the largest share. This dominance is attributed to the high turnover rates of household electronic items, which often become outdated quickly due to rapid advancements in technology. Meanwhile, Consumer Electronics, while currently a smaller share, show remarkable growth potential as consumers increasingly upgrade their devices, thereby contributing to the e-waste burden. Emerging growth trends in the South Korea e waste-management market are driven largely by the rising adoption of smart appliances and consumer electronics, reflecting a shift in consumer behavior towards more connected and technologically advanced products. Additionally, initiatives aimed at increasing awareness about e-waste recycling are setting an encouraging precedent for responsible disposal. The rapid pace of technological innovation and the influx of new products into the market further fuel the increase of e-waste from these sources, marking them as pivotal in shaping future e-waste management strategies.

Household Appliances: Dominant vs. Consumer Electronics: Emerging

Household Appliances hold a dominant position in the e-waste landscape primarily due to the volume of disposals associated with outdated or malfunctioning devices, such as refrigerators, washing machines, and microwaves. These items often have a long lifecycle but reach obsolescence faster due to technological advancements. Conversely, Consumer Electronics are emerging as a significant fraction of e-waste with the rising trend of smartphone and gadget upgrades, influenced by consumer demand for the latest technology. As both segments evolve, they necessitate targeted waste management approaches, ensuring effective recycling processes and environmental sustainability initiatives are in place to handle the resulting e-waste.

By End User: Residential (Largest) vs. Commercial (Fastest-Growing)

The South Korea e waste-management market exhibits a diverse landscape in the end-user segment, where the residential sector commands the largest share. This sector's robust contribution arises from the increasing number of households and the growing volume of electronic devices per household. Conversely, the commercial segment follows closely, driven by heightened awareness of environmental sustainability and responsible waste disposal practices among businesses. As we look towards the future, the commercial sector is anticipated to exhibit the fastest growth. Growing regulatory pressures and corporate social responsibility initiatives are propelling businesses to adopt efficient waste management solutions. Further, the industrial and government segments are expected to witness steady progress as they increasingly prioritize sustainability and compliance with environmental regulations, enhancing the overall framework of the e waste-management industry.

Residential (Dominant) vs. Commercial (Emerging)

The residential segment stands out as the dominant player in the South Korea e waste-management market, characterized by its significant volume of electronic waste generated from households. A growing trend towards smart home appliances and personal electronics contributes to this scenario, leading to an upsurge in discarded devices like smartphones, laptops, and household electronics. In contrast, the commercial sector is emerging as a competitive force, fueled by increasing awareness among businesses regarding electronic waste and innovative recycling practices. Companies are now recognizing the importance of environmentally responsible waste management solutions, presenting an opportunity for growth as they embrace new technologies and regulations aimed at minimizing their ecological footprint. This dynamic juxtaposition sets the stage for evolving strategies within the market.

By Material Type: Metals (Largest) vs. Circuit Boards (Fastest-Growing)

The South Korea e waste-management market exhibits a strong distribution of market share among various material types, with metals commanding the largest portion. This segment is favored due to its high value and recyclability, making it a priority for effective waste processing. Plastics and glass, while essential, hold smaller shares compared to metals, and circuit boards are gaining traction as electronic waste becomes more prevalent. In terms of growth trends, circuit boards are the fastest-growing segment, driven by the increasing obsolescence of electronic devices and the critical need for their recovery. The rise in environmental awareness and regulatory frameworks further fuels the demand for efficient management of all material types. Innovative recycling technologies and increasing investments in waste management infrastructure are key to driving growth in this sector.

Metals (Dominant) vs. Glass (Emerging)

In the South Korea e waste-management market, metals are the dominant material type due to their high industrial demand and the profitability associated with their recovery. They are integral to various industries, including construction and electronics. On the other hand, glass, while considered an emerging segment, is gaining more attention due to its environmental impact and recyclability potential. The shift towards sustainable practices is encouraging investments in glass recycling technologies, making this segment increasingly significant as companies aim to align with eco-friendly initiatives. As the market evolves, understanding the nuances of each material type will be crucial for stakeholders.

Get more detailed insights about South Korea E Waste Management Market

Key Players and Competitive Insights

The e waste-management market in South Korea is characterized by a dynamic competitive landscape, driven by increasing regulatory pressures and a growing awareness of environmental sustainability. Key players such as Veolia (FR), Sims Limited (AU), and Umicore (BE) are actively shaping the market through strategic initiatives focused on innovation and operational efficiency. Veolia (FR) emphasizes its commitment to sustainable practices, leveraging advanced recycling technologies to enhance its service offerings. Meanwhile, Sims Limited (AU) is pursuing a strategy of regional expansion, aiming to strengthen its presence in the Asia-Pacific region, which is indicative of the broader trend towards localized operations in response to market demands. Umicore (BE) is also notable for its focus on digital transformation, integrating AI and data analytics into its processes to optimize resource recovery and improve operational performance.

The business tactics employed by these companies reflect a moderately fragmented market structure, where collaboration and competition coexist. Localizing manufacturing and optimizing supply chains are prevalent strategies that enhance responsiveness to local market needs. The collective influence of these key players fosters a competitive environment that encourages innovation while addressing the challenges posed by e waste.

In October 2025, Veolia (FR) announced a partnership with a leading South Korean electronics manufacturer to develop a closed-loop recycling system aimed at reducing e waste. This strategic move not only aligns with Veolia's sustainability goals but also positions the company as a leader in innovative recycling solutions within the region. The partnership is expected to enhance resource recovery rates and minimize environmental impact, thereby reinforcing Veolia's competitive edge.

In September 2025, Sims Limited (AU) launched a new initiative focused on expanding its e waste collection services in urban areas of South Korea. This initiative is significant as it addresses the growing demand for efficient e waste disposal solutions in densely populated regions. By enhancing its service offerings, Sims Limited (AU) aims to capture a larger market share while promoting responsible recycling practices among consumers.

In August 2025, Umicore (BE) unveiled a state-of-the-art recycling facility in South Korea, equipped with advanced technologies for processing electronic waste. This facility is pivotal for Umicore's strategy to enhance its operational capabilities and increase its recycling capacity. The investment reflects a broader trend towards technological advancement in the sector, positioning Umicore as a frontrunner in sustainable e waste management.

As of November 2025, the competitive trends in the e waste-management market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service delivery. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to evolving market demands.

Key Companies in the South Korea E Waste Management Market market include

Industry Developments

The South Korean Ministry of Environment recognized Samsung Display and LG Electronics' flagship facilities for attaining almost 100% landfill diversion through material recycling and circular-design activities in December 2024 by awarding them Platinum 'Zero Waste to Landfill' certificates.

Additionally, Samsung has a number of closed-loop recycling facilities where it uses the Resource Circulation Act to remove magnesium and indium from decommissioned digital signs.

The government proposed in July 2024 to extend obligatory recycling to almost all electronic items by 2025, extending EPR legislation to encompass emerging e-waste categories (such as drones, hair dryers, and e-cigarettes). This strengthens the requirements already in place for Pro AV trash, which mandate that producers recycle 70% of its weight.

South Korea classed expended EV batteries as recyclable resource materials in March 2025, making it easier to incorporate them into recycling or second-life uses (such stationary storage) without the need for risky classification procedures.

The nation has also made significant investments in intelligent recycling infrastructure: With optical conveyors and AI robotics, Seoul's state-of-the-art sorting facility processes 1,500 tons per day, producing 1.2 trillion tons of waste annually. Meanwhile, Envac Korea logistics systems now manage collection throughout smart-city developments in Seoul, Busan, and Sejong.

Large chip manufacturers, like as Samsung and SK Hynix, increasingly finance municipal recovery networks and take part in EPR take-back programs. At its Suwon factory, Hanwha Group is testing AI-driven e-waste deconstruction with plans to expand to a nationwide rollout by 2026.

Future Outlook

South Korea E Waste Management Market Future Outlook

The The e-waste management market is expected to grow. at a 16.0% CAGR from 2024 to 2035, driven by increasing regulatory pressures, technological advancements, and rising consumer awareness.

New opportunities lie in:

  • Development of advanced recycling technologies for rare metals recovery.
  • Expansion of e-waste collection networks in urban areas.
  • Partnerships with electronics manufacturers for take-back programs.

By 2035, the e waste-management market is expected to be robust, driven by innovation and strategic partnerships.

Market Segmentation

South Korea E Waste Management Market End User Outlook

  • Residential
  • Commercial
  • Industrial
  • Government

South Korea E Waste Management Market Service Type Outlook

  • Material Recovery
  • Refurbishment
  • Recycling
  • Disposal
  • Logistics

South Korea E Waste Management Market Material Type Outlook

  • Metals
  • Plastics
  • Glass
  • Circuit Boards

South Korea E Waste Management Market Source of E-Waste Outlook

  • Household Appliances
  • Consumer Electronics
  • IT Equipment
  • Telecommunications
  • Industrial Equipment

Report Scope

MARKET SIZE 2024 1687.75(USD Million)
MARKET SIZE 2025 1957.79(USD Million)
MARKET SIZE 2035 8638.25(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 16.0% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Veolia (FR), Sims Limited (AU), Electronic Recyclers International (US), Umicore (BE), Stena Recycling (SE), Enviro-Hub Holdings (SG), E-Waste Systems (US), AER Worldwide (US)
Segments Covered Service Type, Source of E-Waste, End User, Material Type
Key Market Opportunities Adoption of advanced recycling technologies enhances efficiency in the e waste-management market.
Key Market Dynamics Rising regulatory pressures drive innovation and competition in South Korea's e waste-management market.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea E-Waste Management Market in 2024?

The expected market size of the South Korea E-Waste Management Market in 2024 is 1.94 USD billion.

What is the projected market value for the South Korea E-Waste Management Market by 2035?

By 2035, the projected market value for the South Korea E-Waste Management Market is 4.64 USD billion.

What is the CAGR for the South Korea E-Waste Management Market from 2025 to 2035?

The expected CAGR for the South Korea E-Waste Management Market from 2025 to 2035 is 8.246%.

Which service type is expected to be the largest segment in the South Korea E-Waste Management Market by 2035?

By 2035, the Recycling service type is expected to be the largest segment in the South Korea E-Waste Management Market, valued at 1.55 USD billion.

Who are some of the key players in the South Korea E-Waste Management Market?

Key players in the South Korea E-Waste Management Market include Samsung SDI, Samsung Electronics, SK hynix, EcoMovement, and LG Electronics.

What is the anticipated growth rate for the Material Recovery segment by 2035?

The anticipated growth rate for the Material Recovery segment in the South Korea E-Waste Management Market is expected to reach 1.05 USD billion by 2035.

What challenges could impact the growth of the South Korea E-Waste Management Market?

Challenges such as stringent regulations, technological changes, and environmental concerns could impact the growth of the South Korea E-Waste Management Market.

What impact does urbanization have on the South Korea E-Waste Management Market?

Urbanization is expected to drive increased E-waste generation, thus contributing to the growth of the South Korea E-Waste Management Market.

What was the market size for the Refurbishment service type in 2024?

In 2024, the market size for the Refurbishment service type in the South Korea E-Waste Management Market was valued at 0.32 USD billion.

What growth opportunities exist within the South Korea E-Waste Management Market?

Growth opportunities within the South Korea E-Waste Management Market include increasing consumer awareness, government initiatives, and advancements in recycling technologies.

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