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

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 2021...purchase to read more.

Industry Statistics & Market Size
Revenue
$828m
Annual Growth 11-16
15.8%
Forecast Growth 16-21
Profit
Employment
4,384
Businesses
394
Market Share of Companies

Industry Threats & Opportunities

  • Business has been booming as consumers trade up to newer phones at faster rates
  • Falling commodity prices have declined operators' selling prices and margins
  • As smartphone adoption reaches saturation, population growth will be a primary driver of demand
  • Industry Report - Industry Key Buyers Chapter

    The Cell Phone Recycling industry has a low level of market share concentration, with the industry's two largest players accounting for just 26.9% of industry revenue. The industry is heavily fragmented, with many small recycling operations collectively making up the remainder of industry revenue. IBISWorld estimates that 72.3% of companies employ less than 20 workers. Despite a high degree of fragmentation, market share concentration from the top companies has risen over the period due to consolidation. In 2013, major player Outerwall entered in industry through its acquisition of ecoATM. In 2015, the company also purchased Gazelle Inc., which pays consumers for used electronic devices and sells refurbished electronic devices. Due...purchase to read more.

    Additional Insights for the Cell Phone Recycling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cell Phone Recycling Industry are

  • Having an extensive distribution/collection network
  • Must comply with government regulations
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Number of mobile internet connections and World price of copper in the Cell Phone Recycling industry impact industry performance..

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    What's in this report

    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 Recovery
  • Demanufacturing
  • Shredding
  • Glass Cleaning
  • Other Activities
  • Industry Activities
  • Refurbishing cell phones
  • Selling refurbished cell phones
  • Reselling used cell phones
  • Recovering cell phone material
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of mobile internet connections
  • World price of copper
  • Per capita disposable income
  • World price of silver

  • Current Performance
  • More phones, more business
  • Regulations encourage growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Mobile phones to continue growing
  • Tightening regulations
  • Volatile metal prices
  • A struggle in the future
  • Table: Cell Phone Recycling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cell Phone Recycling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Communication Equipment Manufacturing
  • Semiconductor & Circuit Manufacturing
  • Wireless Telecommunications Carriers

  • Products & Services
  • Demanufacturing
  • Asset Recovery
  • Shredding
  • Other Activities
  • Glass Cleaning
  • Chart: Cell Phone Recycling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses and commercial entities
  • Consumers
  • Chart: Major Market Segmentation for the Cell Phone Recycling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs, depreciation, rent, utilities and marketing
  • Chart: Cost Structure Benchmarking – Sector vs Cell Phone Recycling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cell Phone Recycling Industry

  • Industry Globalization
    Outerwall Inc., NextWorth Solutions Inc.,
  • Table: Outerwall Inc. - financial performance
  • Table: NextWorth Solutions Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Cell Phone Recycling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Cell Phone Recycling Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of mobile internet connections (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    E-Waste
  • Discarded electrical or electronic devices.
  • Refurbished Cell Phone
  • A cell phone that has been repaired or had improvement made to it. Refurbished cell phones can be resold to businesses and consumers.
  • Smartphone
  • A cell phone with an emphasis on data instead of voice communication.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Cell Phone Recycling Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Cell Phone Recycling industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cell Phone Recycling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cell Phone Recycling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cell Phone Recycling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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