A compactor is a machine or mechanism used to reduce the size of material such as waste material or bio mass through compaction. A trash compactor is often used by a home or business to reduce the volume of trash. Trash compactors are quite similar to industrial balers, but they are usually used to process non-recyclable materials. The garbage is loaded into the input chamber and subjected to tremendous pressure by a hydraulic or pneumatic press. Once it’s processed, the volume of the waste is greatly reduced, which makes it easier to handle and cheaper to transport, since fewer hauling rounds are required.
The introduction of stringent regulatory policies and the increasing charges for the disposal of waste products in developed countries are expected to bolster market growth during the predicted period.
The increasing cost of waste disposal is expected to be the primary driver for this market. The widespread usage of garbage collection services and the high adoption of the PAYT (pay-as-you-throw) program by waste management boards of several cities across the globe have increased the cost of waste disposal. This increasing cost of waste disposal is expected to augment the global demand for trash compactors during the forecast period.
In 2019, the market size of Trash Compactor is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Trash Compactor.
This report studies the global market size of Trash Compactor, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Trash Compactor production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Wastequip
PRESTO
Marathon Equipment
Capital Compactors & Balers
Harmony Enterprises
Precision Machinery Systems
Kenburn
WasteCare Corporation
Nedland Industries
ACE Equipment Company
Market Segment by Product Type
Stationary Compactor
Self-Contained Compactor
Vertical Compactor
Market Segment by Application
Airport
Grocery Store
Distribution Center
Hospital
Retail Store
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Trash Compactor status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Trash Compactor manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Trash Compactor are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on TrashCompactor. Industry analysis & Market Report on TrashCompactor is a syndicated market report, published as Global (United States, European Union and China) Trash Compactor Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of TrashCompactor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.