Market Overview:
The global trash compactor 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 demand for waste management solutions across the globe. Additionally, the growing awareness about environment conservation and government initiatives towards waste management are also contributing to the growth of this market. The global trash compactor market is segmented on the basis of type, application, and region. On the basis of type, it is divided into stationary compactor, self-contained compactor, and vertical compactor.
Product Definition:
A trash compactor is a device designed to compact refuse into manageable packages for easy removal. Trash compactors are important because they reduce the amount of space that waste takes up in a landfill, which ultimately reduces the environmental impact of landfills.
Stationary Compactor:
Stationary Compactor is a device used to reduce the volume of waste in bins or containers. It is also known as trash compressor, garbage bin, dust collector, or wastebasket. The primary function of stationary compactor is to decrease the space occupancy by reducing the size and quantity of wastes generated from various sources such as offices, households and institutions among others.
Self-Contained Compactor:
Self-contained compactors are used to reduce the volume of waste that is put into a trash compactor. They are also known as garbage bins or dust collectors. These devices work by sealing themselves, thereby preventing the entry of external air and gases into their premises. The compressed air that is utilized in these machines drives screws, which seal the device’s cover and walls together forming an airtight seal.
Application Insights:
The airport application segment led the global trash compactors market in 2017. The increasing number of passengers and their belongings at airports across the world is expected to drive the product demand from airport applications over the forecast period. Moreover, with rising air passenger traffic, there is a rise in need for space-saving compactor solutions at airports globally.
Grocery store application segment was valued at USD 281.5 million in 2017 owing to high product adoption across retail stores to save floor space and increase operational efficiency.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to high disposable income of consumers and increasing construction activities. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due mainlyto rapid urbanization, rising population, and improving standards of living in developing countries such as China & India. Moreover, growing investments by international companies for constructing new facilities will drive industry growth over the coming years.
Growth Factors:
- Increasing demand for waste management services across the globe
- Rising awareness about environment protection and its impact on human health
- Proliferation of smart cities that are equipped with modern infrastructure and technology for better waste management
- Stringent government regulations to promote recycling and reduce environmental pollution
- Technological advancements in trash compactor design and operation that improve efficiency, reduce wastage, and minimize environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
Trash Compactor Market Research Report
By Type
Stationary Compactor, Self-Contained Compactor, Vertical Compactor
By Application
Airport, Grocery Store, Distribution Center, Hospital, Retail Store, Others
By Companies
Wastequip, PRESTO, Marathon Equipment, Capital Compactors & Balers, Harmony Enterprises, Precision Machinery Systems, Kenburn, WasteCare Corporation, Nedland Industries, ACE Equipment Company
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Trash Compactor Market Report Segments:
The global Trash Compactor market is segmented on the basis of:
Types
Stationary Compactor, Self-Contained Compactor, Vertical Compactor
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
Airport, Grocery Store, Distribution Center, Hospital, Retail Store, 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
- PRESTO
- Marathon Equipment
- Capital Compactors & Balers
- Harmony Enterprises
- Precision Machinery Systems
- Kenburn
- WasteCare Corporation
- Nedland Industries
- ACE Equipment Company
Highlights of The Trash Compactor 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:
- Stationary Compactor
- Self-Contained Compactor
- Vertical Compactor
- By Application:
- Airport
- Grocery Store
- Distribution Center
- Hospital
- Retail Store
- 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 Trash Compactor 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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- Correctly Positioning New Products
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- Consumer Insights
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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 trash compactor is a machine that helps to reduce the amount of waste that is produced by humans. It does this by compacting the waste so that it can be more easily disposed of.
Some of the key players operating in the trash compactor market are Wastequip, PRESTO, Marathon Equipment, Capital Compactors & Balers, Harmony Enterprises, Precision Machinery Systems, Kenburn, WasteCare Corporation, Nedland Industries, ACE Equipment Company.
The trash compactor market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trash Compactor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Trash Compactor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trash Compactor Market - Supply Chain
4.5. Global Trash Compactor Market Forecast
4.5.1. Trash Compactor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trash Compactor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trash Compactor Market Absolute $ Opportunity
5. Global Trash Compactor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Trash Compactor Market Size and Volume Forecast by Type
5.3.1. Stationary Compactor
5.3.2. Self-Contained Compactor
5.3.3. Vertical Compactor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trash Compactor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Trash Compactor Market Size and Volume Forecast by Application
6.3.1. Airport
6.3.2. Grocery Store
6.3.3. Distribution Center
6.3.4. Hospital
6.3.5. Retail Store
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trash Compactor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Trash Compactor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Trash Compactor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Trash Compactor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Trash Compactor Demand Share Forecast, 2019-2029
9. North America Trash Compactor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Trash Compactor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Trash Compactor Market Size and Volume Forecast by Application
9.4.1. Airport
9.4.2. Grocery Store
9.4.3. Distribution Center
9.4.4. Hospital
9.4.5. Retail Store
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trash Compactor Market Size and Volume Forecast by Type
9.7.1. Stationary Compactor
9.7.2. Self-Contained Compactor
9.7.3. Vertical Compactor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Trash Compactor Demand Share Forecast, 2019-2029
10. Latin America Trash Compactor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Trash Compactor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Trash Compactor Market Size and Volume Forecast by Application
10.4.1. Airport
10.4.2. Grocery Store
10.4.3. Distribution Center
10.4.4. Hospital
10.4.5. Retail Store
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trash Compactor Market Size and Volume Forecast by Type
10.7.1. Stationary Compactor
10.7.2. Self-Contained Compactor
10.7.3. Vertical Compactor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Trash Compactor Demand Share Forecast, 2019-2029
11. Europe Trash Compactor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Trash Compactor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Trash Compactor Market Size and Volume Forecast by Application
11.4.1. Airport
11.4.2. Grocery Store
11.4.3. Distribution Center
11.4.4. Hospital
11.4.5. Retail Store
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trash Compactor Market Size and Volume Forecast by Type
11.7.1. Stationary Compactor
11.7.2. Self-Contained Compactor
11.7.3. Vertical Compactor
11.8. Basis Point Share (BPS) Analysis by Type 11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Trash Compactor Demand Share, 2019-2029
12. Asia Pacific Trash Compactor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Trash Compactor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Trash Compactor Market Size and Volume Forecast by Application
12.4.1. Airport
12.4.2. Grocery Store
12.4.3. Distribution Center
12.4.4. Hospital
12.4.5. Retail Store
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trash Compactor Market Size and Volume Forecast by Type
12.7.1. Stationary Compactor
12.7.2. Self-Contained Compactor
12.7.3. Vertical Compactor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Trash Compactor Demand Share, 2019-2029
13. Middle East & Africa Trash Compactor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Trash Compactor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Trash Compactor Market Size and Volume Forecast by Application
13.4.1. Airport
13.4.2. Grocery Store
13.4.3. Distribution Center
13.4.4. Hospital
13.4.5. Retail Store
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trash Compactor Market Size and Volume Forecast by Type
13.7.1. Stationary Compactor
13.7.2. Self-Contained Compactor
13.7.3. Vertical Compactor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Trash Compactor Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Trash Compactor Market: Market Share Analysis
14.2. Trash Compactor Distributors and Customers
14.3. Trash Compactor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wastequip
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PRESTO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Marathon Equipment
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Capital Compactors & Balers
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Harmony Enterprises
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Precision Machinery Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kenburn
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. WasteCare Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nedland Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ACE Equipment Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook