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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 | Apr 2015

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

IBISWorld’s Cell Phone Recycling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Gazelle Gazelle market share
HOBI International HOBI International market share
Industry Statistics & Market Size
Revenue
$742m
Annual Growth 10-15
13.0%
Annual Growth 15-20
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Profit
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Employment
4,400
Businesses
246
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 SWOT Analysis Chapter

IBISWorld analysis reveals this industry is in the growing stage of its cycle. During the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to increase at an annualized rate of 8.7%. 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
Asset RecoveryDemanufacturingShreddingGlass CleaningOther Activities
 
Industry Activities
Refurbishing cell phonesSelling refurbished cell phonesReselling used cell phonesRecovering cell phone material


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