Recycling Facilities in the US - Industry Market Research Report

Recycling Facilities in the US - Industry Market Research Report

Recycling Facilities in the US

Recycling Facilities include small operators that sort and package a community's recyclable materials by hand to large processing plants that convert collected recyclables into raw materials for resale to global markets. Speaking long-term, the industry is growing alongside consumer spending and the packaging that it produces. Fluctuations in the prices of paper and plastic have caused revenue volatility in the industry, causing revenue to jump at a CAGR of 5.1% to $10.2 billion through the end of 2023, including a 0.2% increase in 2023 as the economy continues to recover from COVID-19.

Recycling facilities separate and sort recyclable materials like paper, plastic and glass from waste streams. These facilities also sort commingled recyclable materials into distinct categories, as well as refine goods into recycled commodities, such as convert plastic bottles into raw plastic and sell recycled materials to manufacturers and wholesalers. This industry does not include government bodies that directly provide these services to the public.

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.