By Aaron Champion – Updated October 2022
If you’re looking for information or data on:
This list is packed with current statistics that you’ll find useful..
The recycling market is expected to grow significantly in the coming years. A number of factors are driving this growth, including increased public awareness of the benefits of recycling, stricter environmental regulations, and higher prices for virgin materials.
As a result, more businesses are looking to enter the recycling industry, and existing players are expanding their operations. This growth is expected to continue in the coming years, as the recycling market becomes increasingly populated and competitive.
The global waste recycling services market was valued at 55.1 billion U.S. dollars in 2020, and was estimated at 57.69 billion U.S. dollars in 2021.Read Stats
Forecast market value of global waste recycling services by 2030 is 88.1bn USDCheck Stats
Germany has the highest global recycling rate, followed by South Korea, Austria, and Wales. These countries recycle more than 52% of their municipal garbage, whereas the U.S. has a recycling rate of 34.3%, which is predicted to rise significantly over the forecast period as a result of the increased awareness raised by green revolutionists, governments, and charitable groups.Read Stats
It’s no secret that recycling is good for the environment. Not only does it reduce the amount of waste sent to landfills, but it also helps to conserve resources and reduce pollution.
Back in 1960, only 7% of US waste was recycled or diverted – today, that number is almost 35%3 , a 5x increase!Read Stats
The Environmental Protection Agency (EPA) estimates that Americans generate around 254 million tons of waste every year. Of that waste, only 34.3% is recycled or composted.Check Stats
The recycling industry has a significant impact on the economy. In addition to providing jobs for millions of people, it also generates billions of dollars in revenue each year. The recycling industry is a major contributor to the gross domestic product (GDP) and is responsible for reducing greenhouse gas emissions and conserving energy and natural resources.
Recycling and Reuse Add Value to the US Economy
According to the study, the recycling and reuse industry consists of approximately 56,000 establishments that employ more than 1.1 million people, generate an annual payroll of nearly $37 billion, and gross over $236 billion in annual revenues.
On a national average, there are 1.17 jobs, $65,230 wages and $9,420 tax revenues attributable, for every 1,000 (US) tons of recyclables collected and recycled.Check Reports
The overall impact of the recycling industry on the economy of the United States is about $116.8 billion, a significant number that accounts for $350 for every person in the country.Check Study
I hope you enjoyed this list of recycling statistics. We add new stats on a regular basis. So check back soon for even more interesting facts, figures, quotes and stats.
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