Recycling or reusing cell phones helps the environment by saving energy, conserving natural resources, and keeping reusable materials out of landfills, thus reducing pollution. Cell phones contain a large number of chemicals and hazardous substances used in their manufacturing mainly persistent, bio accumulative and toxic chemicals (PBTs).
Analysts forecast the Global Green and Recycled Cell Phones market to grow at a CAGR of 17.1 percent over the period 2013-2018.
The report recognizes the following companies as the key players in the Global Green and Recycled Cell Phones Market: Arrow Electronics, CloudBlue Technologies, CMR Ltd and Sims Recycling Solutions Holdings Inc.
Other Prominent Vendors in the market are: Eazyfone, Mazuma Mobile, ReCell One and ReCellular.
One of the major trends emerging in this market is the increase in stringent regulations from various regulatory authorities. The new standards and regulations help reduce waste by monitoring the effect of toxic chemicals in the environment.
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Covered in this Report
Global Green and Recycled Cell Phones Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Green and Recycled Cell Phones market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the main drivers in this market is the increase in e-waste because of the increase in use of electronics goods which contains a lot of hazardous substances that need to be disposed of or recycled properly to protect the environment.
Further, the report states that the unnecessary accumulation of outdated electronic devices is one of the major challenges in the market, in that it prevents some e-waste from being collected for the purpose of dismantling and recycling. This factor is reducing the growth of the Global Green and Recycled Mobile Phone market.
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