PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1702431
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1702431
U.S. Cell Phone Recycling Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)
The U.S. cell phone recycling market was valued at $3.0 billion in 2024 and is expected to grow at a CAGR of 6.7%, reaching $5.0 billion by 2032. This growth is fueled by the increasing accumulation of e-waste due to the rapid obsolescence of smartphones. As consumers upgrade to newer models, old devices often end up as waste unless properly recycled. The rising awareness of the environmental impact of mismanaged e-waste is a significant factor driving the market, with consumers and companies taking proactive steps to recycle cell phones.
Key Insights
Material Recovery dominates the market, making up 45% of the share in 2024, with valuable materials like gold, silver, and platinum being extracted for resale.
Battery recycling is the fastest-growing segment, driven by regulations and the increasing demand for battery metals in electric vehicles and energy storage.
Metal extraction leads as the largest application category, as it involves the recovery of precious metals from discarded phones, generating significant revenue.
Mechanical recycling is the most common technology, accounting for 55% of the market, due to its effectiveness in physical separation and sorting of valuable materials.
Take-back and recycling programs by major companies like Apple and Samsung incentivize customers to return old phones for recycling, contributing to market growth.
Government and regulatory support, including initiatives such as the Infrastructure Investment and Jobs Act, is boosting the adoption of recycling practices.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Service Type
- 1.4.2. Market Size Breakdown, by Application
- 1.4.3. Market Size Breakdown, by Technology
- 1.4.4. Market Size Breakdown, by End User
- 1.5. Market Data Reporting Unit
- 1.5.1. Revenue
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Industry Background
- 5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
- 5.3. Impact of COVID-19
- 5.4. Sociopolitical Impact
- 5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
- 5.6. Lifecycle Analysis
- 5.7. Innovation and Technology Trends
- 5.8. Supply Chain and Value Chain Insights
- 5.9. Economic and Regulatory Impact
Chapter 6. Competitive Landscape
- 6.1. List of Market Players and their Offerings
- 6.2. Competitive Benchmarking of Key Players
- 6.3. Recent Strategic Developments by Key Players
- 6.4. Company Leadership Matrix
Chapter 7. U.S. Market
- 7.1. Overview
- 7.2. Market Revenue, by Service Type (2019-2032)
- 7.3. Market Revenue, by Application (2019-2032)
- 7.4. Market Revenue, by Technology (2019-2032)
- 7.5. Market Revenue, by End User (2019-2032)
Chapter 8. Company Profiles
Chapter 9. Appendix
- 9.1. Sources and References
- 9.2. Related Reports
