Why would you need to recycle wood? It's biodegradable and cheap.

Recycling is overrated for cheap products. Plastic is practically impossible to recycle effectively. If it were made to be biodegradable that would make much more sense. But even failing that, there is no shortage of landfill space, as long as it goes to the garage and not to the environment - a huge problem in the developing world and where the plastic in the ocean originates from.