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Cell Phone Recycling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cell Phone Recycling Market Research Report | Technology | Clean Technologies | Aug 2014

Good as new: The industry continues to benefit from regulation and rising commodity prices

IBISWorld’s Cell Phone Recycling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Gazelle Gazelle market share
HOBI International HOBI International market share
Industry Statistics & Market Size
Revenue
$652m
Annual Growth 09-14
13.3%
Annual Growth 14-19
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Profit
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Employment
2,449
Businesses
189
Industry Analysis & Industry Trends

Increasing cell phone ownership, the emergence of smartphone technologies and increasingly rapid mobile phone replacement rates created a replacement market among cell phone users and widened the potential base of phones available for recycling. As collection of cell phones for recycling and reuse becomes easier, the industry is poised to exhibit growth as a result of a widening base of key inputs (i.e. used phones). Consequently, IBISWorld forecasts industry revenue to continue growing through 2019.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis reveals this industry is in the growing stage of its cycle. During the 10 years to 2019, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to increase at an annualized rate of 10.8%. In comparison, US GDP is forecast to rise at an average rate of 2.5% annually during the same period. The discrepancy between IVA and GDP typically indicates an industry in the midst of growth, as do other various features of this industry.

Smartphone ownership has been increasing during the past five years, as new technologies are introduced and consumers upgrade from standard cell phones or previous versions of smartphones... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cell Phone Recycling Industry?

Businesses in this industry primarily separate and sort recyclable materials from cell phones, smart phones, pagers and personal digital assistants. Companies also refurbish devices for resale. Revenue from processing other electronics is excluded from this industry.

Industry Products
Refurbishing Cell PhonesMaterial RecoveryRefurbished Phone Resale
 
Industry Activities
Refurbishing cell phonesSelling refurbished cell phonesReselling used cell phonesRecovering cell phone material


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