Industry Analysis & Industry Trends
The recycling rate is climbing and the volume of recyclable material sorted and sold is growing. A raft of government policies to divert waste from landfill is underpinning an increase in the collection of recyclables and investment in sorting capacity. Moreover, public contribution to recycling efforts continues to grow, providing impetus for growth.
Paper, plastic, glass and metal are the main materials sorted and then sold on global and domestic markets. Firms sorting non-metal material generate about 23% of revenue in the Sorted Material Recovery industry. This includes firms operating material recycling facilities (MRFs). Firms involved in the sorting of scrap metal generate the bulk of revenue... purchase to read more
Industry Report - Industry Analysis Chapter
Despite a recession that has drastically hampered consumption growth, Britons have consistently managed to increase their output of waste over the same period. These rising volumes of waste sent for sorting have underpinned the performance of the Sorted Material Recovery industry over the past five years, leading to average industry revenue growth of 4.8% per annum. Despite strong government support and growing investment in new capacity, the industry has encountered some difficulties. Plunging recyclable material prices over 2008-09 and the drop in the volume of commercial and industrial (C&I) waste caused the industry to take a sharp step back. However, prices rebounded in 2009-10, which led to a dramatic recovery of revenue... purchase to read more