Market Overview:
The global waste shredder 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 environmental protection and the need for recycle and reuse of waste materials. In addition, the growing demand for electric vehicles is also contributing to the growth of this market. The global waste shredder market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into single shaft garbage shredder, double shaft garbage shredder, four-axis garbage shredder. On the basis of application, it can be classified into environmental protection and recycle and reuse segments respectively.
Product Definition:
A waste shredder is a machine used to reduce the size of waste materials by cutting or tearing them into small pieces. The shredded material can then be recycled or disposed of in a landfill.
Single Shaft Garbage Shredder:
Single shaft garbage shredder is a kind of waste disposer which is used to cut and dispose the uneaten food, leftovers, bones and similar other solid wastes in households. The working principle of this equipment is very simple. A single steel shaft with rotating sharp cutting blades mounted at its bottom end serves the purpose.
Double Shaft Garbage Shredder:
Double shaft garbage shredder is a kind of waste disposer which is used to cut and dispose the food waste, paper, plastic and other similar wastes. The working principle of this device is very simple. It consists of two rotating discs mounted on a single shaft which cuts the wastes into pieces by using sharp blades. The main advantage associated with this product includes its easy installation process as compared to other types of devices available in the market.
Application Insights:
The environmental protection application segment led the global waste shredder market in 2017. This is attributed to stringent regulations on disposal of waste across various regions, including Europe and North America. For instance, according to the EPA, an average American throws away over 300 pounds of electronics materials annually. Similarly, according to a study conducted by National Geographic Society (NGS), it was found that Americans throw away around 1.3 million tons of food annually which amounts to about 27 meals per household in a year. These statistics indicate that there is ample scope for improvement in terms of reusing or recycling old electronics and food wastes respectively thereby supporting the demand for advanced technologies such as GWSS among others during the forecast period from 2018 to 2030 globally.
The recycle and re-use application segment is expected register significant growth over the next eight years owing to increasing government initiatives encouraging consumers across various regions including North America.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for waste shredders from the end-use industries, such as recycling and re-use. The U.S., which is at the forefront of this region, has stringent regulations regarding garbage disposal that have compelled manufacturers to develop advanced products with superior performance.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising population and increasing disposable income levels in developing countries like China and India. Rapid industrialization coupled with growing foreign investments in these economies will also bolster product demand over the coming years. Moreover, improving infrastructure development across Asia Pacific will further drive product sales within several years from now.
The European market was valued at USD X million in 2017; however, it is anticipated to lose out on revenue share due its relatively lower penetration compared to North America or Asia Pacific regions due its late adoption of modern technology when compared with other regions mentioned above (i.e., being a developed economy).
Growth Factors:
- Increasing awareness about the benefits of waste shredding among businesses and consumers
- Rising demand for secure and efficient waste disposal solutions
- Growing need to reduce environmental pollution caused by waste materials
- Proliferation of small and medium-sized businesses that generate large amounts of recyclable material
- Technological advancements that make waste shredding more efficient and environmentally friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Waste Shredder Market Research Report
By Type
Single Shaft Garbage Shredder, Double Shaft Garbage Shredder, Four-axis Garbage Shredder
By Application
Environmental Protection, Recycle And Re-use
By Companies
Erdwich Zerkleinerungs-Systeme GmbH, Zeno-zerkleinerungsmaschinenbau Norken Gmbh, Offician Ballestri Srl, Lessine Tailored Bulk Technology, FAM Nv, Akten-ex Gmbh & Co Kg, Its Srl, Arjes-recycling Internation, Shanghai Xiazhou Heavy Industry Machinery Co., Ltd., Vipeak Heavy Indudtry Machinery Company, SHRED-TECH
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Waste Shredder Market Report Segments:
The global Waste Shredder market is segmented on the basis of:
Types
Single Shaft Garbage Shredder, Double Shaft Garbage Shredder, Four-axis Garbage Shredder
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
Environmental Protection, Recycle And Re-use
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:
- Erdwich Zerkleinerungs-Systeme GmbH
- Zeno-zerkleinerungsmaschinenbau Norken Gmbh
- Offician Ballestri Srl
- Lessine Tailored Bulk Technology
- FAM Nv
- Akten-ex Gmbh & Co Kg
- Its Srl
- Arjes-recycling Internation
- Shanghai Xiazhou Heavy Industry Machinery Co., Ltd.
- Vipeak Heavy Indudtry Machinery Company
- SHRED-TECH
Highlights of The Waste Shredder 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:
- Single Shaft Garbage Shredder
- Double Shaft Garbage Shredder
- Four-axis Garbage Shredder
- By Application:
- Environmental Protection
- Recycle And Re-use
- 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 Shredder 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.
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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 waste shredder is a machine that can quickly and easily cut through large pieces of waste. This can be used to reduce the amount of garbage that needs to be handled by humans, which in turn reduces the amount of time and resources needed to dispose of this material.
Some of the major companies in the waste shredder market are Erdwich Zerkleinerungs-Systeme GmbH, Zeno-zerkleinerungsmaschinenbau Norken Gmbh, Offician Ballestri Srl, Lessine Tailored Bulk Technology, FAM Nv, Akten-ex Gmbh & Co Kg, Its Srl, Arjes-recycling Internation, Shanghai Xiazhou Heavy Industry Machinery Co., Ltd., Vipeak Heavy Indudtry Machinery Company, SHRED-TECH.
The waste shredder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waste Shredder 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 Shredder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waste Shredder 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 Shredder 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 Shredder Market Size & Forecast, 2020-2028
4.5.1 Waste Shredder Market Size and Y-o-Y Growth
4.5.2 Waste Shredder 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 Single Shaft Garbage Shredder
5.2.2 Double Shaft Garbage Shredder
5.2.3 Four-axis Garbage Shredder
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 Environmental Protection
6.2.2 Recycle And Re-use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waste Shredder 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 Shredder 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 Single Shaft Garbage Shredder
9.6.2 Double Shaft Garbage Shredder
9.6.3 Four-axis Garbage Shredder
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 Environmental Protection
9.10.2 Recycle And Re-use
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 Single Shaft Garbage Shredder
10.6.2 Double Shaft Garbage Shredder
10.6.3 Four-axis Garbage Shredder
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 Environmental Protection
10.10.2 Recycle And Re-use
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 Single Shaft Garbage Shredder
11.6.2 Double Shaft Garbage Shredder
11.6.3 Four-axis Garbage Shredder
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 Environmental Protection
11.10.2 Recycle And Re-use
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 Single Shaft Garbage Shredder
12.6.2 Double Shaft Garbage Shredder
12.6.3 Four-axis Garbage Shredder
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 Environmental Protection
12.10.2 Recycle And Re-use
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 Single Shaft Garbage Shredder
13.6.2 Double Shaft Garbage Shredder
13.6.3 Four-axis Garbage Shredder
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 Environmental Protection
13.10.2 Recycle And Re-use
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 Shredder Market: Competitive Dashboard
14.2 Global Waste Shredder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Erdwich Zerkleinerungs-Systeme GmbH
14.3.2 Zeno-zerkleinerungsmaschinenbau Norken Gmbh
14.3.3 Offician Ballestri Srl
14.3.4 Lessine Tailored Bulk Technology
14.3.5 FAM Nv
14.3.6 Akten-ex Gmbh & Co Kg
14.3.7 Its Srl
14.3.8 Arjes-recycling Internation
14.3.9 Shanghai Xiazhou Heavy Industry Machinery Co., Ltd.
14.3.10 Vipeak Heavy Indudtry Machinery Company
14.3.11 SHRED-TECH
