Market Overview:
The global garbage compression box market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about waste segregation and recycling, and the rising demand for garbage compression boxes from various end-use industries. Based on type, the global garbage compression box market can be segmented into header, lifting, horizontal, and others. The header segment is expected to account for a major share of the global market in terms of revenue in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The lifting segment is projected to grow at a CAGR of 4% during the same period owing to its growing demand from various end-use industries such as construction and manufacturing sectors across regions. Based on application, the global garbage compression box market can be divided into recyclable trash, food waste, and others segments. The recyclable trash segment accounted for majority share (over 60%) of total revenue generated by this market in 2017; it is also anticipated that this trend would continue over next few years owing high adoption rate among consumers across different geographies worldwide coupled with stringent government regulations related with waste management & disposal systems. On other hand Food Waste Compression Boxes are witnessing highest growth rates due their ability recycle wet organic wastes which usually go untreated or dumped into landfill sites .
Product Definition:
Garbage compression box is an important tool that helps in reducing the size of the garbage collected from different places. It is very important for the smooth functioning of a city or town.
Header:
The header is a data structure that categorizes the information in a Garbage Compression Box (GCC). The headers are used to store various types of information such as file name, file size, and so on. It also helps in classifying the type of files which include text files, images/jpeg's and so on. There are different types of headers available depending upon the need which can be used for garbage collection process.
Lifting:
Lifting is the process of using mechanical equipment to raise a heavy load. In garbage compression boxes (GCC), lifting is used for compacting the waste in the box and raising it to be disposed off at an appropriate distance from source. Lifting devices are made up of steel or other metals, which provide strength and durability to handle heavy loads with ease.
Application Insights:
The others application segment includes medical waste, recyclable trash, and food waste. The growth of the Others application segment can be attributed to the growing population coupled with increasing disposable income in developing countries including India, China and Brazil. Moreover, increase in spending on advanced technologies such as information technology has driven the demand for computers which further contributes to market growth.
Recyclable trash is expected to be one of the fastest-growing applications due to stringent regulations regarding disposal of municipal solid waste across various regions including North America and Europe. Furthermore, rise in awareness about reduction in consumption of raw materials during manufacturing process is anticipated to drive industry expansion over the forecast period thereby creating numerous opportunities for compression equipment manufacturers globally.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region owing to the increasing population and rising disposable income. The region accounts for a major share of global GDP and has been experiencing strong economic growth over the past few years. China, India, Japan, South Korea are some of the prominent countries in this region that have a high potential for market growth due to rapid industrialization and urbanization coupled with growing disposable income levels.
The European market was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 to 2030 owing to stringent regulations regarding waste management practices across EU member states coupled with Germany being one of Europe’s largest garbage compressing box manufacturers will drive regional demand over the forecast period. North America accounted for 24% revenue share in 2017 on account of U.S.
Growth Factors:
- Increasing demand for garbage compression boxes from the municipal solid waste (MSW) management sector as a result of growing population and urbanization.
- Rising concerns over environmental pollution and the need to manage MSW in an efficient and sustainable manner are driving the adoption of garbage compression boxes worldwide.
- Growing popularity of recycling initiatives is also contributing to the increasing demand for garbage compression boxes as these help in segregating recyclable materials from waste streams.
- Rapid technological advancements in garbage compression box design and features are resulting in increased efficiency and performance, which is further propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Garbage Compression Box Market Research Report
By Type
Header, Lifting, Horizontal, Others
By Application
Recyclable Trash, Food Waste, Others
By Companies
Wastequip, PTR Baler＆Compactor, MARATHON, Bigbelly, Mark-Costello, Wastequip
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Garbage Compression Box Market Report Segments:
The global Garbage Compression Box market is segmented on the basis of:
Types
Header, Lifting, Horizontal, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Recyclable Trash, Food Waste, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wastequip
- PTR Baler＆Compactor
- MARATHON
- Bigbelly
- Mark-Costello
- Wastequip
Highlights of The Garbage Compression Box Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Header
- Lifting
- Horizontal
- Others
- By Application:
- Recyclable Trash
- Food Waste
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Garbage Compression Box Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A garbage compression box is a device used to compress and store garbage.
Some of the key players operating in the garbage compression box market are Wastequip, PTR Baler＆Compactor, MARATHON, Bigbelly, Mark-Costello, Wastequip.
The garbage compression box market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Garbage Compression Box Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Garbage Compression Box Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Garbage Compression Box Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Garbage Compression Box Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Garbage Compression Box Market Size & Forecast, 2018-2028
4.5.1 Garbage Compression Box Market Size and Y-o-Y Growth
4.5.2 Garbage Compression Box Market Absolute $ Opportunity
Chapter 5 Global Garbage Compression Box Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Garbage Compression Box Market Size Forecast by Type
5.2.1 Header
5.2.2 Lifting
5.2.3 Horizontal
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Garbage Compression Box Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Garbage Compression Box Market Size Forecast by Applications
6.2.1 Recyclable Trash
6.2.2 Food Waste
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Garbage Compression Box Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Garbage Compression Box Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Garbage Compression Box Analysis and Forecast
9.1 Introduction
9.2 North America Garbage Compression Box Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Garbage Compression Box Market Size Forecast by Type
9.6.1 Header
9.6.2 Lifting
9.6.3 Horizontal
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Garbage Compression Box Market Size Forecast by Applications
9.10.1 Recyclable Trash
9.10.2 Food Waste
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Garbage Compression Box Analysis and Forecast
10.1 Introduction
10.2 Europe Garbage Compression Box Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Garbage Compression Box Market Size Forecast by Type
10.6.1 Header
10.6.2 Lifting
10.6.3 Horizontal
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Garbage Compression Box Market Size Forecast by Applications
10.10.1 Recyclable Trash
10.10.2 Food Waste
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Garbage Compression Box Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Garbage Compression Box Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Garbage Compression Box Market Size Forecast by Type
11.6.1 Header
11.6.2 Lifting
11.6.3 Horizontal
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Garbage Compression Box Market Size Forecast by Applications
11.10.1 Recyclable Trash
11.10.2 Food Waste
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Garbage Compression Box Analysis and Forecast
12.1 Introduction
12.2 Latin America Garbage Compression Box Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Garbage Compression Box Market Size Forecast by Type
12.6.1 Header
12.6.2 Lifting
12.6.3 Horizontal
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Garbage Compression Box Market Size Forecast by Applications
12.10.1 Recyclable Trash
12.10.2 Food Waste
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Garbage Compression Box Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Garbage Compression Box Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Garbage Compression Box Market Size Forecast by Type
13.6.1 Header
13.6.2 Lifting
13.6.3 Horizontal
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Garbage Compression Box Market Size Forecast by Applications
13.10.1 Recyclable Trash
13.10.2 Food Waste
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Garbage Compression Box Market: Competitive Dashboard
14.2 Global Garbage Compression Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wastequip
14.3.2 PTR Baler＆Compactor
14.3.3 MARATHON
14.3.4 Bigbelly
14.3.5 Mark-Costello
14.3.6 Wastequip
