Global Green and Recycled Mobile Phone Market 2017-2021

Global green and recycled mobile phone industry report

Regulatory bodies across the world are compelled to form rules regarding the handling of toxic e-waste due to the increased generation of e-waste. These new standards offer a better command over the practice of e-waste processing and mobile phone recycling techniques. The global green and recycled mobile phone market analysis identifies that the introduction of these stringent regulatory standards will be one of the major factors that will have a positive impact on the market's growth during the coming years. It has been made mandatory to collect the e-waste generated by manufacturers and channelize them for proper disposal and recycling. Manufacturers are compelled to maintain a proper record of the volume of e-waste generated, handled, and disposed of. Furthermore, the application of the hazardous material in electronic equipment has been restricted by the EU legislation. This in turn, will motivate manufacturers to develop green and recycled mobile phones. Technavio's market research analysts predict that in terms of units, this market will grow at a CAGR of more than 15% by 2021.

The rising popularity of online transaction and application-based payments is one of the key green and recycled mobile phone market trends that will drive the growth prospects for the market during the estimated period. In addition, governments in developing markets are taking initiatives to encourage the adoption of online payments. Consequently, the rise in digitalization results in the increased purchase volume of smartphones. This in turn, will drive the demand for refurbished phones as well.

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Competitive landscape and key vendors

The green and recycled mobile phone market is characterized by the presence of many vendors. Major players are focusing on increasing their footprints in the market. As a result, local vendors of the phone recycle market are finding it difficult to compete against major players in terms of quality and features of cell phone recycling and refurbishing facilities.

Key vendors in this market are -

• Arrow Electronics
• Ingram Micro ITAD
• Corporate Mobile Recycling
• Redeem
• SIMS RECYCLING

Other prominent vendors in the market include MobileMuster, Electronic Recyclers International, Karma Recycling, Greencyc, Mazuma Mobile, ReCellOne, and GRC Wireless.

Green and recycled mobile phone market segmentation by material and analysis

• Plastic
• Metals

The plastic segment accounted for the majority market share during 2016 because it is extensively used to offer more resistance to mobile phones against the damage when it is either scratched or dropped. Also, the incorporation of plastics in the manufacture of cell phones provide the ability to withstand extreme temperature fluctuations. Plastics are also flexible. The segment will continue to grow during the forecasted period because plastic does not cause any hindrance in the reception of signals.

Green and recycled mobile phone market segmentation by geography and analysis

• Americas
• APAC
• EMEA

Asia is considered as one of the most common dumping ground for the generated e-waste. The growth in the middle-class population is resulting in an increased e-waste in the region. Also, the purchase volume of electronics is increasing due to the rising disposable income of individuals. The generation of e-waste will further increase due to the short lifespan of these electronic devices. It has been observed that, in APAC, China generates the maximum e-waste. This drives the need for the green phone to minimize the overall environmental impact.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global green and recycled mobile phone market?
• What are the key market trends impacting the growth of the global green and recycled mobile phone market?
• What are the challenges to market growth?
• Who are the key vendors in the global green and recycled mobile phone market?
• What are the market opportunities and threats faced by the vendors in the global green and recycled mobile phone market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global green and recycled mobile phone market?

Technavio also offers customization on reports based on specific client requirement.

Our market research reports for the energy sector follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like water and waste management. This upcoming industry research report on the global green and recycled mobile phone market offers key insights into the major trends and evolving drivers inducing the growth of the water and waste management industry.

Our market research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars, and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various water and waste management products and services and offers an all-inclusive picture of the global green and recycled mobile phone market for the estimated period of 2017-2021.

This upcoming market research report on the global green and recycled mobile phone market also covers vendors like ReCellular Inc., ReCell One Inc., Mazuma Mobile,?SIMS Recycling Solutions Holdings Inc, Redeem, Corporate Mobile Recycling,?Cloudblue technologies, and Arrow Electronics. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global green and recycled mobile phone market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry report on the global green and recycled mobile phone market also offers insights into fast-growing segments within the energy industry, including sectors like oil and gas and energy storage. Furthermore, this report also presents visions into the varying competitive landscape to give clients a realistic picture of the future direction of the industry.

Our market research methodology for the green and recycled mobile phone market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.