The Global Green and Recycled Cell Phones market will grow at a CAGR of 17.1 percent over the period 2013-2018, forecasts TechNavio.
According to analysts, increased environmental awareness among consumers in developed countries is one of the major driving factors for recycled cell phones market.
Stringent safety standards from regulatory authorities can be considered as a key market trend for green and recycled cell phones.
Growing negative effects of e-Waste is a major challenge faced by this market.
Key regions where most of the major activities related to recycled cell phone markets take place are Americas, APAC and EMEA.
Arrow Electronics, CloudBlue Technologies, Corporate Mobile Recycling and SIMS Recycling Solutions are major vendors of green cell phones with major market hold.
Recycling or reusing cell phones helps in energy saving, preserving natural resources, minimizing landfill deposits, reducing pollution.
In addition, cell phones contain chemicals and hazardous substances, mainly persistent, bio accumulative and toxic chemicals (PBTs).
editor@greentechlead.com