Market Overview:
The global reverse vending machine market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about waste recycling and its benefits, rising disposable income, and growing demand for sustainable packaging solutions. In terms of type, the non-refillable type segment is expected to hold the largest share of the global reverse vending machine market in 2018. However, the refillable type segment is projected to grow at a higher CAGR during the forecast period owing to its ability to recycle multiple types of waste materials.
Product Definition:
A reverse vending machine (RVM) is a type of automated retail machine that accepts used beverage containers and returns money to the customer in exchange. Reverse vending machines are typically found in public places such as schools, parks, and stadiums. They can also be found in commercial settings such as supermarkets, office buildings, and malls.
Non-Refillable Type:
Non-refillable types are used in reverse vending machines to prevent the consumption of excess inventory. These products are made available to consumers through a dispensing mechanism and can be purchased by cash or credit. The non-refillable type is also known as pre-filled type due to the presence of a fixed amount of product inside the container which is dispensed when required by consumer.
Refillable Type:
The refillable type is a new concept of dispensing system which allows the customer to fill his/her own container. The Refillable Type System (RTS) uses a standard 55-gallon drums as a base and adds an innovative filling mechanism that enables the consumer to fill any container from it's spout. It also has an option for automatic or remote topping off at set intervals.
Application Insights:
The utility application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Reverse vending machines are widely used by utility companies as they help in saving space and cost, while increasing operational efficiency. The product helps in reducing inventory costs, while improving customer service quality and satisfaction.
Utility companies use these types of vending machines for selling food & beverages at events or festivals where there is high demand for such products but limited supply available on spot. These types of reverse vending machines are also used by transportation authorities, railway vendors, airport authorities among others who have constant need to serve hot or cold beverages to their customers on-spot without any additional staff members or helpers required on site during such events/festivals held at stadiums/arenas etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to rising demand for convenient food options and increasing adoption of automated retailing. Moreover, presence of a large number of grocery stores in countries, such as U.S., is expected to boost regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income levels and changing shopping habits among consumers due to growing urbanization in developing economies including China and India. Furthermore, increasing investments by key industry players are also expected drive regional product demand over the forecast period at a CAGR exceeding 6%.
Growth Factors:
- Increasing awareness about the benefits of recycling and waste reduction: A key growth driver for the reverse vending machine market is the increasing awareness about the benefits of recycling and waste reduction. This has led to an increase in demand for reverse vending machines as they help in automating the process of recycling.
- Rising disposable income: Another key growth driver for this market is rising disposable income, which has led to an increase in demand for premium quality reverse vending machines that offer a variety of features such as automated counting, sorting, and payment processing.
- Stringent government regulations on waste management: Governments across various countries are implementing stringent regulations on waste management, which is leading to an increase in demand for reverse vending machines as they help organizations comply with these regulations easily and efficiently.
- Growing popularity of sustainable living practices: The growing popularity of sustainable living practices is also contributing to the growth of the reverse vending machine market as these machines help promote responsible consumption habits among consumers by providing them with easy access to recycle their recyclable wastes products.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Reverse Vending Machine Market Research Report
By Type
Non-Refillable Type, Refillable Type, Multifunction Type
By Application
Supermarkets, Community, Utilities
By Companies
Tomra, Diebold Nixdorf, Sielaff, Incom recycle, Envipco, Trautwein SB Technik Gmbh, RVM Systems AS, Kansmacker
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Reverse Vending Machine Market Report Segments:
The global Reverse Vending Machine market is segmented on the basis of:
Types
Non-Refillable Type, Refillable Type, Multifunction Type
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
Supermarkets, Community, Utilities
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:
- Tomra
- Diebold Nixdorf
- Sielaff
- Incom recycle
- Envipco
- Trautwein SB Technik Gmbh
- RVM Systems AS
- Kansmacker
Highlights of The Reverse Vending Machine 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:
- Non-Refillable Type
- Refillable Type
- Multifunction Type
- By Application:
- Supermarkets
- Community
- Utilities
- 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 Reverse Vending Machine 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
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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 reverse vending machine is a vending machine that dispenses items in the opposite direction of how they are typically dispensed from traditional vending machines. This type of machine is used to sell products such as candy, cigarettes, and lottery tickets in locations where it would be difficult or impossible to physically stock these items.
Some of the major players in the reverse vending machine market are Tomra, Diebold Nixdorf, Sielaff, Incom recycle, Envipco, Trautwein SB Technik Gmbh, RVM Systems AS, Kansmacker.
The reverse vending machine market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reverse Vending Machine 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 Reverse Vending Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reverse Vending Machine 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 Reverse Vending Machine 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 Reverse Vending Machine Market Size & Forecast, 2020-2028
4.5.1 Reverse Vending Machine Market Size and Y-o-Y Growth
4.5.2 Reverse Vending Machine Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Non-Refillable Type
5.2.2 Refillable Type
5.2.3 Multifunction Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Community
6.2.3 Utilities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reverse Vending Machine 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 Reverse Vending Machine 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Non-Refillable Type
9.6.2 Refillable Type
9.6.3 Multifunction Type
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 Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Community
9.10.3 Utilities
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Non-Refillable Type
10.6.2 Refillable Type
10.6.3 Multifunction Type
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 Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Community
10.10.3 Utilities
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Non-Refillable Type
11.6.2 Refillable Type
11.6.3 Multifunction Type
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 Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Community
11.10.3 Utilities
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Non-Refillable Type
12.6.2 Refillable Type
12.6.3 Multifunction Type
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 Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Community
12.10.3 Utilities
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Non-Refillable Type
13.6.2 Refillable Type
13.6.3 Multifunction Type
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) Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Community
13.10.3 Utilities
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 Reverse Vending Machine Market: Competitive Dashboard
14.2 Global Reverse Vending Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tomra
14.3.2 Diebold Nixdorf
14.3.3 Sielaff
14.3.4 Incom recycle
14.3.5 Envipco
14.3.6 Trautwein SB Technik Gmbh
14.3.7 RVM Systems AS
14.3.8 Kansmacker
