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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Products Chapter

The majority of cell phones received by industry companies can be reconditioned and resold. The companies first and foremost dispose of obsolete or unwanted equipment in a safe and ecologically-friendly manner, recover necessary assets and record make, model and serial number of the devices. The increasingly personal data saved on cellular devices has made this stage of the process vital.

In the de-manufacturing process, companies dismantle the electronic equipment and remove potentially valuable components and materials, such as scrap metal. According to the EPA, recycling 1 million cell phones can recover about 24 kg (50 lb) of gold, 250 kg (550 lb) of silver, 9 kg (20 lb) of palladium, and more than 9,000 kg (20,000 lb) of copper... 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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