$27.0bn
$XX.Xbn
64,865
909
$X.Xbn
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.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 period. While no comprehensive federal law exists to address the issue of e-waste, many municipalities and states have implemented legislation to tackle the problem. With such legislation passed and existing laws becoming more stringent, industry demand has flourished. Larger companies have slowly captured a larger share of revenue, helping the average industry profit margin expand.The industry will continue growing as rising public concern over electronic waste leads to greater government support. Additionally, while recyclers earn most 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. With the prices of many of these materials expected to remain high moving forward, industry revenue is expected to rise. As a result, industry revenue is forecast to grow at a CAGR of 4.5% to $31.8 billion over the five years to 2028.
Industry revenue has grown at a CAGR of 6.9 % over the past five years, to reach an estimated $27.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Waste Management, Inc. | 615.5 | 0.1 | 0.0 |
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Industry revenue is measured across several distinct product and services lines, including Telecommunications equipment recycling, Computer equipment recycling and Consumer electronics recycling. Telecommunications equipment recycling is the largest segment of the Electronic Goods Recycling in the US.
Computer equipment represents the largest share of all recycled electronics
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.
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NAICS 56292 - Electronic Goods Recycling in the US
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Government regulations have created a direct need for electronics goods recycling. While there are no federal mandates to recycle electronics, governments at the state and lo...
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Computer equipment represents the largest share of all recycled electronics. This segment includes personal computers (PCs), desktop central processing units (CPUs), monitors...
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Densely populated areas are ideal for recycling facilities. As consumer spending surges, pushing up purchases, households will generate recycle more electronic goods.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Some companies compete to gain access to municipal or business contracts, while municipal and state governments also subsidize electronics recyclers. In all cases, recyclers ...
Learn about the performance of the top companies in the industry.
The industry is highly fragmented. Small companies that manage only one or two facilities at a local or regional level carry out most electronics recycling.
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The industry is subject to federal, state and local laws and regulations to protect the environment. These regulations restrict material discharge, necessitate permits and en...
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Profit margins have risen in recent years. As recycling has gained market acceptance, existing players have seen service demand rise, bolstering profitability.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Electronic Goods Recycling in the US industry in United States is $27.0bn in 2024.
There are 909 businesses in the Electronic Goods Recycling in the US industry in United States, which has grown at a CAGR of 2.2 % between 2019 and 2024.
The market size of the Electronic Goods Recycling in the US industry in United States has been growing at a CAGR of 6.9 % between 2019 and 2024.
Over the next five years, the Electronic Goods Recycling in the US industry in United States is expected to grow.
The biggest company operating in the Electronic Goods Recycling market in United States is Waste Management, Inc.
Operating facilities for separating and sorting computers for recycling and Operating facilities for separating and sorting hard-copy devices for recycling are part of the Electronic Goods Recycling in the US industry.
The company holding the most market share in United States is Waste Management, Inc..
The level of competition is moderate and steady in the Electronic Goods Recycling in the US industry in United States.