In 2023, the IT hardware waste recycled and prepared for reuse in the UK was just below 109.21 thousand metric tons. The forecast shows a slight upward trend from 2024 to 2028, barely increasing to 109.32 thousand metric tons, reflecting minimal growth year-on-year. Annual growth rates are steady, hovering around 0% due to the modest incremental gains within the period observed. With a CAGR also near 0%, the market is relatively stagnant, suggesting a plateau phase.
Future trends to watch for include:
- Technological advancements in recycling methods that could drive efficiency.
- Policy changes targeting electronic waste reduction and recycling mandates.
- Shifts in IT hardware design focusing on sustainability and recyclability.