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 Analysis Chapter
Businesses in the Cell Phone Recycling industry primarily separate and sort recyclable materials from cell phones, smart phones, pagers and personal digital assistants. Companies either purchase or receive donated devices from businesses and the public. These raw inputs are then cleared of personal data and either processed to extract precious metals or refurbished for resale. Revenue from processing and selling other electronics beyond phones and similar devices is excluded from this industry.
The Cell Phone Recycling industry has benefited from several positive operating conditions during the past five years. The number of mobile internet connections has grown at a phenomenal rate... purchase to read more