Market Overview:
The global waste processor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about environment protection and growing demand for processed food. In terms of type, the DC waste processor segment is expected to lead the global waste processor market during the forecast period. This can be attributed to factors such as rising concerns about environmental pollution and stringent government regulations regarding solid waste management across various regions.
Product Definition:
A waste processor is a device, machine, or system used to convert waste materials into useful products. The importance of a waste processor is that it helps to reduce the amount of waste that goes into landfills and helps to create new products from recycled materials.
DC Waste Processor:
DC waste processor is used to deal with solid waste generated in a city. It is also known as compactor or garbage truck. The machine consists of two steel rollers, which are fixed on a frame by means of heavy-duty wheels. These rollers compress the waste into small pieces and then fling them into the air, where they are collected by an aerial device (drum), which is mounted on the rear end of the machine.
AC Waste Processor:
AC waste processor is used to convert the municipal solid waste into a fine powder using high-pressure air. The air is forced into the garbage through an underground tunnel by a large overhead fans. The processed waste is then spread in thin layers over huge flat plates inside a warehouse, where it is compressed by another overhead fans and converted into lumps of coal known as virgin wood chips or venetian blinds.
Application Insights:
The family application segment accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The growing disposable income, coupled with rising population, has led to an increase in demand for processed food across the globe. Waste processors help restaurants and other foodservice industries save costs on disposal by providing a single solution that meets all their waste management needs.
Regional Analysis:
North America dominated the global market in 2017 owing to stringent government regulations regarding waste treatment and disposal. The U.S., being a developed economy, is at an advanced stage of industrialization and has therefore started generating huge amounts of solid waste. This trend is projected to continue over the forecast period, thereby driving regional growth.
Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing population and rapid urbanization in countries such as China, India, Indonesia among others are expected drive regional demand for processing plants over the next eight years (2030). Moreover, rising awareness about environmental protection coupled with rapidly growing economies will also have a positive impact on industry development in this region. Europe accounted for more than 20% share of revenue generated by global processors market in 2017 due to strict laws regarding management of municipal solid waste that are enforced by individual countries such as Germany and France among others will drive regional demand during the forecast period (2030).
Growth Factors:
- Increasing awareness about the benefits of waste recycling: There is a growing awareness among people about the importance of waste recycling and its benefits. This is driving the demand for waste processors as more and more people are looking to recycle their wastes.
- Rising environmental concerns: The increasing environmental concerns are also contributing to the growth of the Waste Processor market as people are looking for ways to reduce their carbon footprints. Recycling helps in reducing greenhouse gas emissions and conserving natural resources, which makes it an important part of sustainable living practices.
- Growing number of municipal solid waste (MSW): The amount of MSW generated each year is increasing rapidly due to population growth and urbanization, which is leading to an increase in demand for waste processors globally. By 2030, it is estimated that MSW will account for two-thirds of all global garbage production (source: World Bank).
- Proliferation of e-waste: With technological advancements, there has been a proliferation in electronic devices such as smartphones, laptops, tablets etc., resulting in a surge in e-waste generation worldwide.. This presents a huge opportunity for the Waste Processor market as these wastes need specialized treatment before they can be recycled into new products or components thereof . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Waste Processor Market Research Report
By Type
DC Waste Processor, AC Waste Processor
By Application
Family, Restaurant, School, Other
By Companies
ISE, Gladore, Onedear, Bone-Hammer, DengShang, LeShi, BESTPOWER, DEVOURER, OULIN
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Waste Processor Market Report Segments:
The global Waste Processor market is segmented on the basis of:
Types
DC Waste Processor, AC Waste Processor
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
Family, Restaurant, School, Other
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:
- ISE
- Gladore
- Onedear
- Bone-Hammer
- DengShang
- LeShi
- BESTPOWER
- DEVOURER
- OULIN
Highlights of The Waste Processor 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:
- DC Waste Processor
- AC Waste Processor
- By Application:
- Family
- Restaurant
- School
- Other
- 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 Waste Processor 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 waste processor is a company or individual that processes solid waste. This can include sorting, recycling, composting, and disposal.
Some of the major companies in the waste processor market are ISE, Gladore, Onedear, Bone-Hammer, DengShang, LeShi, BESTPOWER, DEVOURER, OULIN.
The waste processor 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 Waste Processor 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 Waste Processor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waste Processor 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 Waste Processor 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 Waste Processor Market Size & Forecast, 2018-2028
4.5.1 Waste Processor Market Size and Y-o-Y Growth
4.5.2 Waste Processor Market Absolute $ Opportunity
Chapter 5 Global Waste Processor 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 Waste Processor Market Size Forecast by Type
5.2.1 DC Waste Processor
5.2.2 AC Waste Processor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Waste Processor 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 Waste Processor Market Size Forecast by Applications
6.2.1 Family
6.2.2 Restaurant
6.2.3 School
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waste Processor 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 Waste Processor 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 Waste Processor Analysis and Forecast
9.1 Introduction
9.2 North America Waste Processor 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 Waste Processor Market Size Forecast by Type
9.6.1 DC Waste Processor
9.6.2 AC Waste Processor
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 Waste Processor Market Size Forecast by Applications
9.10.1 Family
9.10.2 Restaurant
9.10.3 School
9.10.4 Other
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 Waste Processor Analysis and Forecast
10.1 Introduction
10.2 Europe Waste Processor 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 Waste Processor Market Size Forecast by Type
10.6.1 DC Waste Processor
10.6.2 AC Waste Processor
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 Waste Processor Market Size Forecast by Applications
10.10.1 Family
10.10.2 Restaurant
10.10.3 School
10.10.4 Other
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 Waste Processor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waste Processor 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 Waste Processor Market Size Forecast by Type
11.6.1 DC Waste Processor
11.6.2 AC Waste Processor
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 Waste Processor Market Size Forecast by Applications
11.10.1 Family
11.10.2 Restaurant
11.10.3 School
11.10.4 Other
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 Waste Processor Analysis and Forecast
12.1 Introduction
12.2 Latin America Waste Processor 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 Waste Processor Market Size Forecast by Type
12.6.1 DC Waste Processor
12.6.2 AC Waste Processor
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 Waste Processor Market Size Forecast by Applications
12.10.1 Family
12.10.2 Restaurant
12.10.3 School
12.10.4 Other
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) Waste Processor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waste Processor 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) Waste Processor Market Size Forecast by Type
13.6.1 DC Waste Processor
13.6.2 AC Waste Processor
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) Waste Processor Market Size Forecast by Applications
13.10.1 Family
13.10.2 Restaurant
13.10.3 School
13.10.4 Other
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 Waste Processor Market: Competitive Dashboard
14.2 Global Waste Processor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ISE
14.3.2 Gladore
14.3.3 Onedear
14.3.4 Bone-Hammer
14.3.5 DengShang
14.3.6 LeShi
14.3.7 BESTPOWER
14.3.8 DEVOURER
14.3.9 OULIN
