Market Overview:
The global mobile phone recycling market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about environmental pollution and the need for sustainable development. In addition, the growing use of smartphones and other electronic devices is also contributing to the growth of this market. The global mobile phone recycling market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into physical store, internet, and recycle bin segments. The physical store segment is expected to hold a major share in this market owing to rising consumer awareness about environment-friendly practices coupled with easy availability of these stores across regions. However, with increasing penetration of internet services worldwide coupled with growing demand for refurbished phones globally;the internet segment is projectedto register highest CAGR during 2018-2030 period .
Product Definition:
Mobile phone recycling is the process of disposing of old, broken, or unused mobile phones and other electronics for reuse. The importance of mobile phone recycling is twofold: it helps reduce the amount of electronic waste that ends up in landfills, and it provides a way to reuse valuable materials that are present in cellphones and other electronics.
Physical Store:
Physical store is a software application which helps in managing the operations of a retail store. It provides inventory management facilities, point of sale (POS) integration, and online ordering. The software can be used for brick-and-mortar stores as well as online stores. Physical stores are widely used by retailers to increase their sales and customer engagement through various marketing channels such as email campaigns, SMS alerts, mobile apps etc.
Internet:
The global Internet and it's usage in mobile phone recycling market size was valued at USD 2,867.0 million in 2015. The increasing use of internet and smart devices is one of the major factors driving the growth of this industry globally. In addition, rising concerns over environmental pollution caused by excessive use of electronic products including smartphones is expected to propel industry growth over the forecast period.
Application Insights:
The recycling application segment accounted for the largest revenue share of over 70% in 2017. The growing demand for mobile phones is fueling the growth of this segment. Increasing number of users, increasing disposable income and changing consumer behavior are some factors responsible for high consumption rate in developing countries like India and China.
The pollution prevention application is expected to witness significant growth over the forecast period owing to stringent government regulations regarding reduction of environmental pollution such as air and water pollution, noise pollution, etc. Rising awareness among consumers regarding environment protection has resulted in adoption of mobile phones with features that prevent release of harmful substances such as radiofrequency energy and heavy metals into the environment during manufacturing process or when phone is being used. For instance, Apple Inc., Samsung Electronics Co., Ltd.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding mobile phone recycling and growing environmental concerns among consumers. In addition, government initiatives in developing countries such as India and China are likely to boost regional market growth over the forecast period. For instance, in September 2017, China launched a national campaign for electronic waste management that includes guidelines on proper disposal of e-waste generated from various sources such as consumer electronics, computers & laptops, mobile phones/handheld devices). Such government initiatives are anticipated to increase demand for recycling bins across households thereby driving industry growth over the next eight years.
North America is estimated to account for a significant share of revenue owing to high product consumption coupled with stringent environmental regulations by regulatory bodies such as EPEAT (Electronic Product Environmental Assessment Tool) and EPA (Environment Protection Agency) pertaining towards e-waste management within municipal areas in U.S., Canada & Mexico respectively).
Growth Factors:
- Increasing awareness about the benefits of mobile phone recycling: There is a growing awareness among people about the benefits of mobile phone recycling. This is driving more people to recycle their old phones.
- Increased use of smartphones: The increasing use of smartphones is leading to an increase in the number of old phones that need to be recycled.
- Stringent environmental regulations: Stringent environmental regulations are compelling companies and consumers to recycle more electronic waste, including mobile phones.
- Growth in e-waste management industry: The growth in the e-waste management industry is providing a boost to the mobile phone recycling market. This industry helps recyclers extract valuable materials from old devices, which helps reduce environmental pollution caused by electronic waste disposal methods such as incineration and landfilling . 5) Technological advancements: Rapid technological advancements are resulting in shorter product life cycles for electronics products, including mobile phones
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Phone Recycling Market Research Report
By Type
Physical Store, Internet, Recycle Bin
By Application
Recycling, Pollution Prevention
By Companies
Arrow electronics, Cloudblue technologies, ReCellular, Envirophone, MobileMuster, Corporate Mobile Recycling, Redeem, SIMS Recycling Solutions Holdings Inc, Mazuma Mobile, ReCell One
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Phone Recycling Market Report Segments:
The global Mobile Phone Recycling market is segmented on the basis of:
Types
Physical Store, Internet, Recycle Bin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Recycling, Pollution Prevention
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arrow electronics
- Cloudblue technologies
- ReCellular
- Envirophone
- MobileMuster
- Corporate Mobile Recycling
- Redeem
- SIMS Recycling Solutions Holdings Inc
- Mazuma Mobile
- ReCell One
Highlights of The Mobile Phone Recycling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Physical Store
- Internet
- Recycle Bin
- By Application:
- Recycling
- Pollution Prevention
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile Phone Recycling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile phone recycling is the process of recovering valuable materials from old mobile phones. These materials can be used to create new products or recycled into new products.
Some of the major companies in the mobile phone recycling market are Arrow electronics, Cloudblue technologies, ReCellular, Envirophone, MobileMuster, Corporate Mobile Recycling, Redeem, SIMS Recycling Solutions Holdings Inc, Mazuma Mobile, ReCell One.
The mobile phone recycling market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mobile Phone Recycling Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mobile Phone Recycling Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mobile Phone Recycling Market - Supply Chain
4.5. Global Mobile Phone Recycling Market Forecast
4.5.1. Mobile Phone Recycling Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mobile Phone Recycling Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mobile Phone Recycling Market Absolute $ Opportunity
5. Global Mobile Phone Recycling Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mobile Phone Recycling Market Size and Volume Forecast by Type
5.3.1. Physical Store
5.3.2. Internet
5.3.3. Recycle Bin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mobile Phone Recycling Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mobile Phone Recycling Market Size and Volume Forecast by Application
6.3.1. Recycling
6.3.2. Pollution Prevention
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mobile Phone Recycling Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mobile Phone Recycling Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mobile Phone Recycling Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mobile Phone Recycling Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mobile Phone Recycling Demand Share Forecast, 2019-2026
9. North America Mobile Phone Recycling Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mobile Phone Recycling Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mobile Phone Recycling Market Size and Volume Forecast by Application
9.4.1. Recycling
9.4.2. Pollution Prevention
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mobile Phone Recycling Market Size and Volume Forecast by Type
9.7.1. Physical Store
9.7.2. Internet
9.7.3. Recycle Bin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mobile Phone Recycling Demand Share Forecast, 2019-2026
10. Latin America Mobile Phone Recycling Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mobile Phone Recycling Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mobile Phone Recycling Market Size and Volume Forecast by Application
10.4.1. Recycling
10.4.2. Pollution Prevention
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mobile Phone Recycling Market Size and Volume Forecast by Type
10.7.1. Physical Store
10.7.2. Internet
10.7.3. Recycle Bin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mobile Phone Recycling Demand Share Forecast, 2019-2026
11. Europe Mobile Phone Recycling Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mobile Phone Recycling Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mobile Phone Recycling Market Size and Volume Forecast by Application
11.4.1. Recycling
11.4.2. Pollution Prevention
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mobile Phone Recycling Market Size and Volume Forecast by Type
11.7.1. Physical Store
11.7.2. Internet
11.7.3. Recycle Bin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mobile Phone Recycling Demand Share, 2019-2026
12. Asia Pacific Mobile Phone Recycling Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mobile Phone Recycling Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mobile Phone Recycling Market Size and Volume Forecast by Application
12.4.1. Recycling
12.4.2. Pollution Prevention
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mobile Phone Recycling Market Size and Volume Forecast by Type
12.7.1. Physical Store
12.7.2. Internet
12.7.3. Recycle Bin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mobile Phone Recycling Demand Share, 2019-2026
13. Middle East & Africa Mobile Phone Recycling Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mobile Phone Recycling Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mobile Phone Recycling Market Size and Volume Forecast by Application
13.4.1. Recycling
13.4.2. Pollution Prevention
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mobile Phone Recycling Market Size and Volume Forecast by Type
13.7.1. Physical Store
13.7.2. Internet
13.7.3. Recycle Bin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mobile Phone Recycling Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mobile Phone Recycling Market: Market Share Analysis
14.2. Mobile Phone Recycling Distributors and Customers
14.3. Mobile Phone Recycling Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arrow electronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cloudblue technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ReCellular
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Envirophone
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MobileMuster
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Corporate Mobile Recycling
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Redeem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SIMS Recycling Solutions Holdings Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mazuma Mobile
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ReCell One
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook