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Waste & Scrap Wholesaling in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Waste & Scrap Wholesaling Market Research Report | SIC G46.770 | Nov 2016

On the scrapheap: Falling metal prices have led to heavy declines in revenue

IBISWorld’s Waste & Scrap Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
European Metal Recycling Limited European Metal Recycling Limited market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 12-17
-4.1%
Annual Growth 17-22
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Profit
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Employment
9,900
Businesses
1,640
Industry Analysis & Industry Trends

Firms in the Waste and Scrap Wholesaling industry wholesale or resell metal and non-metal waste and scrap. These products are exported or sold to downstream customers, often manufacturers, or to recyclers and processors. Scrap metal is the most common product sold by the industry, while plastic and glass are also major product segments.

The industry has been subject to a high level of volatility over the past five years, owing to price and demand fluctuations in key global metal markets. Global metal prices have slumped in response to oversupply and weaker Chinese demand. Scrap material availability has decreased as a result, due to upstream suppliers of scrap and waste limiting output in hope of future price increases... purchase to read more

Industry Report - Industry Locations Chapter

The main factors influencing the locations of industry establishments are expected to be proximity to inputs, in particular scrap metals, as well as access to downstream industries.

The West Midlands

The West Midlands is expected to be home to 12.8% of industry establishments, more than any other UK region although its share of establishments has decreased in recent years. The region offers a large supply of scrap metals, given the large manufacturing presence. The region is also ideally located for wholesalers as it is central and easily accessible from a number of other regions. There are also a high number of recycling facilities in the West Midlands, meaning there is a useful supply of downstream operators.

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Industry ProductsRelated ReportsTable of Contents

What is the Waste & Scrap Wholesaling Industry?

Firms in this industry wholesale metal and non-metal waste and scrap for recycling. This involves collecting, sorting and separating waste. It also involves stripping used goods, such as cars, to obtain reusable parts. Industry operators do not process the material they collect in any way.

Industry Products
Paper and cardboardMetalPlasticGlassRubber
 
Industry Activities
Wholesaling metal waste and scrap for recyclingWholesaling non-metal waste and scrap for recycling


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