Last Updated on September 9, 2022
This list includes 15 lucrative recycling business ideas to start in 2023. You can also check out these lucrative oil and gas business ideas, and computer businesses to start.
These days it is common to see people throwing used items on the street even though the box or packaging says “please recycle”.
Recycling is the process of collecting and processing materials that would otherwise be disposed of as waste and turning them into new products.
Global warming has become one of the biggest concerns today. To protect our community and the environment recycling waste is a necessity.
The recycling business has become a very profitable business today. There are many types of waste and types of recycling business ideas based on industrial results.
However, before resolving or settling on a recycling business idea, be sure to put the following into cognizance:
1. What kind of waste you will be recycling
2. Do you have the skills needed for that?
3. Carry out extensive research on the products you will be recycling
4. Find out about the marketing tactics needed then begin.
Table of Contents
15 Lucrative Recycling Business Ideas
Here are fifteen profitable recycling business ideas you should consider.
1. Paper Recycling Business
This recycling business idea is a popular and lucrative one. There are different forms and textures of exercise books and paper and there is never a time when the use of paper will go extinct. Recycling papers is a brilliant way of ending deforestation and saving tree lives, you can recycle papers in a machine and give them different shapes and forms.
2. Organic Composting
This feels like one of the simplest recycling business ideas to start, I mean you can start on your own, converting waste matters into organic fertilizers and earning crazy profits.
3. Plastic Recycling Business
Plastics can never get old so the idea that you’ll go to the market and nobody wishes to use them anymore is a feud. The cost of making plastics from raw materials and the effect it has on global warming will be reduced if recycled. Plus, used-up materials can be converted into buckets and cans, and polythene makes this a wise recycling business idea.
4. Recycling of E-Waste products
E-Waste products are old and rusted electronic devices like TV, radio, mobile homes, refrigerator,s, etc. Manufacturing them from raw materials can only emit a lot of phosphorus, lead, and cadmium into the atmosphere making recycling these products a wonderful recycling business idea.
5. Construction waste recycling
It’s common to find bricks and wood from construction sites and in individual homes laying wasted, so recycling can help better, by turning those waste products from construction sites to usable products again.
6. Battery Recycling
The battery is one of the most useful commodities for electrical appliances and automobiles making it a stunning recycling business idea for me to venture into, you only need to watch out for the toxic elements band their emissions during the recycling process.
7. Computer Recycling
Recycling computers may not be as difficult as it sounds plus imagine if we can still use the same model especially if it had nice software with good parts that ate still functional like the Hard Disc etc.
8. PVC Recycling
Polyvinyl chloride is a common material you can see in most households or building shops and they include: pipes, shades, tanks, etc which means people are constantly in need of it, you could convert the wasted ones or the rejected ones into useful PVC goods for customers.
9. Glass Recycling Business
Broken glasses can be used for new materials like crockery, windowpanes, louvers, etc. This kind of business can never run out of demand making it a resourceful recycling business idea.
10. Carton Box Recycling Business
Cartons are used to package a wide range of stuff, from electronics to household goods, it’s everywhere and still useful. You can get them from some kids or grab them from people who just bought new products, it’s usually not needed after they are delivered to the households that need them so you could collect them and recycle it. Isn’t this one of the easiest recycling business ideas?
11. Food Waste Recycling Business
Recycling wasted foods (because ounces of food are being wasted daily), is a pricey recycling business idea, in this, you could generate biofuel and organic fertilizers which are in high demand in urban and rural areas.
12. Wood/Furniture Recycling Business
Wood is like the mother of a lot of finished products, you can lay hold of old furniture or ejected ones and recycle them. You’ll have a lot of beating up to do in order to detach the wood from the fabrics and then you could create new furniture out of the woods and see for yourself that it’s a nice recycling business idea.
13. Textile Recycling
Old clothes, rags, or rejected clothes can be recycled instead of dumped, most of these fabrics are non degradable so instead of constituting nuisance to the soil, it can be recycled and used to make up new clothes.
14. Aluminum Can Recycling
Aluminium cans can either be collected and sold up as they are, or they can be recycled and converted into new products.
15. Tyre Recycling Business
Automobile companies are springing up every day and tyre is one of the most pivotal parts a car cannot do without, so, see why it’s a beautiful recycling business idea? You can convert old rubber, steel, synthetic fibers, etc, (which are the composites of a tyre) and use them to make a new tyre for automobile companies.
2023 is at the corner, so get your facts right and go get your dreams done.