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12 Best Recycling Business Ideas & Opportunities in 2020
Various advancements that the human race has made over the decades has caused our environment to suffer quite a bit. As a result, people are being encouraged to get more involved in eco-friendly practices.
Regulations on different industry practices are being created by governments. These are being actively developed in a bid to reduce or entirely eliminate by-products responsible for environmental degradation. However, these measures aren't foolproof.
As a result, a variety of organizations and people are continually coming up with innovative ways to support the measures governments are trying to put in place. One of these is encouraging different recycling habits.
Recycling involves taking used items and repurposing them. It can be done by completely altering an item or adding a few changes to it to modify its appearance. The method used depends on the item.
This is the number one go-to solution when it comes to promoting eco-friendly practices. That's because it's a step that anyone who cares about the environment can take towards making a difference.
Recycling can be taken a step further and turned into a business opportunity. Since most raw materials are free and readily available, starting capital can be quite low depending on which area you get into.
1. Waste Collection Centre
Keeping the environment clean can become a lucrative venture. Consider having a waste collection center in your neighborhood. There, all residents can dispose of their unwanted items whether it's biodegradable or imperishable items.
Clearly section areas for different materials to minimize how much sorting is necessary later. The waste collected like plastics and glass can then get sold to bigger waste collection centers.
2. Wood Recycling
Wood from furniture workshops and construction sites, among others, can be repurposed rather than just dumped and left to rot. The good thing with this is that it helps to reduce the demand for fresh timber.
3. Furniture Upholstery Service
Once the fabric on various furniture pieces gets old, frayed or faded, most people choose to throw out these items. You can start a trading business where you take old furniture and offer newer options.
This can be achieved by reupholstering old furniture items like chair cushions with newer fabrics. Afterwards, these can be sold as new items.
4. Battery Recycling
The majority of cars out there operate using lead-acid batteries. As a result, the demand for these tends to be high.
Whenever someone's battery dies, chances are they'll get a new one. Starting a service where you collect and sell the old ones could be quite lucrative, especially with batteries only suffering from sulfation.
5. Junkyard Creations
Junkyards offer varied possibilities for different people. That's because they're a collection of all sorts of discarded materials. Plus, in most cases, you can pick what you need from a junkyard at no fee.
Artists can use the discarded items they find to create unique pieces. These can either be used as unusual yet functional furniture pieces or as decorative items for an office, school or home setting.
Another option is to scour through the junk to find useful pieces. These can then be sold to places like art schools where such raw materials are necessary.
6. Packaging Materials Recycling
Delivered packages come with various wrapping options to protect the items within from damage during transportation. These include things like wrapping foam, bubble wrap, packing peanuts, and Gaylord boxes, to list a few.
7. Used Clothing Store
Buying brand new clothes isn't possible for everyone. That's where starting a used clothing store can come in handy. These would cost less than new clothes, making them suitable for those who can afford them.
People would bring in their old clothes, instead of throwing them away. Sift through them and only keep the ones that are still in good condition. These can then get cleaned and sold.
8. Damaged Car Recycling
Cars can undergo different incidents that render them useless. Whether it's a car collision or engine related issues that cause it to malfunction, a dead car trading business is one eco-friendly venture worth trying.
Rather than spend a small fortune on repairs, people can bring in their damaged cars and receive compensation. The car's useful parts can then get taken out and sold.
If you have a damaged car you'd like taken off your hands, get in touch with https://www.damagedcars.com/sell-my-car-with-blown-engine to assist you further.
The company assesses and buys damaged vehicles, meaning you still get compensated for a car that won’t run. The amount paid depends on the condition of the vehicle.
9. Cooking Oil Recycling
When cooking oil has been used repeatedly, it's usually dumped out. A business venture that would benefit plenty of restaurants would be to offer a service where you filter their used cooking oil.
Alternatively, used cooking oil can also get recycled into biofuel. This is an eco-friendly alternative that works well with fuel diesel engines that have been converted, resulting in less pollution than with ordinary car fuel.
10. Organic Composting
A lot of people are turning to organic compost as a fertilizer for their plants. Whether it's on a farm or flower garden, organic compost eliminates the need to use harmful chemicals on plants.
11. Electronic Waste Recycling
Electronic devices have a short lifespan. As such, once they get spoilt, they get thrown out. Having a business that collects items like TVs, laptops, and mobile phones, among others, can prove lucrative.
You can either remove useful parts and sell them, take them to manufacturers for refurbishing, or sell the items to spare part dealers as they'd know where to find a market for them.
12. Construction Material Waste Recycling
Construction sites tend to have a lot of waste resulting from the creation of ideally sized pieces for the structure being built. Once construction's complete, your job would be to collect the resulting waste.
The available waste items include wood, glass, and metal, among others. These can either be sold to waste recycling centers or used to create other items as they are.
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DISCLAIMER: We hope whatever you find on this site is helpful, but be cautioned that it may not apply to your own situation, or be totally current at any given time. Idea Cafe Inc. and all of its current and past experts, sponsors, advertisers, agents, contractors and advisors disclaim all warranties with regard to anything found anywhere on this family of websites, quoted from, or sent from Idea Cafe. and its related sites, publications and companies. We also take no responsibility for comments published by others on these pages.
TRADEMARKS: The following are Registered Trademarks or Servicemarks of DevStart, Inc.: Idea Cafe®, Online Coffee Break®, The Small Business Gathering Place®, Take out Info®, Biz Bar & Grill®, Complaint-O-Meter®, A Fun Approach to Serious Business, CyberSchmooz, and BizCafe.