Electronic Goods Recycling in the US - Industry Market Research Report

Electronic Goods Recycling in the US - Industry Market Research Report

Electronic Goods Recycling in the US

The Electronic Goods Recycling industry has performed well, with increased direct and indirect subsidization of the industry driving growth. Electronics recyclers earn most 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. Even with metal prices declining substantially as a result of the COVID-19 pandemic, downstream demand remained strong. Overall, industry revenue has been increasing at a CAGR of 8.3% over the past five years, and is expected to total $25.6 billion in 2023. This includes an increase of 6.2% in 2023 alone.

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.