The rapid progress of perovskite solar cells (PSCs) has established them as a groundbreaking technology for sustainable energy. However, the sustainability of their lifecycle is still hindered by challenges related to material toxicity and end-of-life management. This review comprehensively assesses emerging recycling technologies, with a particular focus on their effectiveness in recovering perovskite compounds, transparent conductive oxides, and metallic contacts. Mechanical separation, solvent-based dissolution, thermal decomposition, and hybrid methods are compared in terms of recovery rates, purity levels, energy consumption, and scalability. Current challenges, such as the generation of secondary waste, the instability of recovered perovskites, and economic barriers, are critically analyzed alongside emerging solutions, including the use of non-toxic solvents, vacuum-assisted recovery, and the integration of closed-loop manufacturing. By evaluating lifecycle impacts and cost–benefit trade-offs, this work outlines pathways for transforming PSC waste into high-value secondary resources, thereby promoting both environmental sustainability and industrial competitiveness.