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 2020.... purchase to read more
Industry Report - Industry Locations Chapter
The spread of the industry's participants generally reflects the national population distribution, due to the widespread use of cell phones. These establishments include the electronic goods collection, sorting, processing and recovery facilities directly owned by industry operators but do not include electronics collection points in third-party locations, such as in electronics retail stores.
Small local and regional operators dominate the Cell Phone Recycling industry, which explains the general correlation between regional population size and number of industry establishments. The concentration of industry establishments is thus highest in the West and Southeast regions, which account for 19.5% and 19.2% of establishments, respectively... purchase to read more