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Electronic Goods Recycling - Industry Market Research Report

Electronic Goods Recycling - Industry Market Research Report

  • March 2019
  • 32 pages
  • ID: 5103604
  • Format: PDF
  • By Ibisworld

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Reduce, reuse, restart: More regulation and higher recyclable volumes will spur industry expansion

Abstract

Electronic Goods Recycling
The Electronic Goods Recycling industry has performed extremely well over the past five years. Industry growth has remained strong, with increased direct and indirect subsidization of the industry driving growth. Electronics recyclers earn the majority of their revenue from direct or indirect government subsidization. Over the past decade, both the average number of electronics owned by each consumer and the rate at which electronics are replaced have grown significantly. Due to the potential harmful effects that improperly discarded electronics can have on the environment and human health, public calls for the development of electronics recycling infrastructure have grown strongly during the five-year period. The Electronic Goods Recycling industry is expected to continue growing over the five years to 2024, as increasing public concern over electronic waste leads to greater government support for the industry. Additionally, while industry operators earn the majority of their revenue from providing electronics recycling services, a smaller portion of industry revenue is generated via the sale of various precious metals extracted as a result of the electronics recycling process.

Industry operators collect, separate, sort and process electronic waste. Industry operators also sell reusable parts and valuable metals and other materials recovered during the recycling process. Electronic waste includes used computers, tablets, mobile phones, TVs and various other used electronic goods.

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.

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