Cell Phone Recycling in the US - Industry Market Research Report

Go green: Revenue growth will decelerate as growth in the number of mobile devices falls

Cell phone recycling companies primarily separate and sort recyclable materials from cell phones, smartphones, pagers and personal digital assistants. Companies also refurbish devices for resale. Revenue from processing other electronics is excluded from this industry. As smartphones have become more widespread, consumers have purchased them in record numbers, causing individuals to throw away their old phones. The proliferation of old devices has increased demand for recycling services, causing revenue to expand. COVID-19 caused a shutdown of much of the economy, reducing consumer spending and industrial production and constraining demand for cell phones and their associated recycling services from the household and business sectors.

Consumers had to work from home during the pandemic, so they bought new phones to do so more effectively, causing revenue growth to stay high in 2020. Cell phone recycling companies 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. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.