The rising fine or charges for disposal of waste in developed countries and stringent regulatory policies are expected to bolster the growth of the trash compactors market. Also, recent studies reveal that the trash compactors market will witness positive growth through 2020 owing to rising government initiatives to waste management.
Trash compactors are machines used to reduce the size of waste materials through compaction. This is mostly used by corporates and large-sized organizations to process non-recyclable materials. Also, trash compactors make it easier to handle and transport wastes, thus reducing cost and resources. The technological innovations in the trash compactors market have also contributed to the overall market growth. Solar power transmitters, photo-eye sensors, detection sensors, and other additions are some of the major trends driving the trash compactors market growth. By region, North America is one of the largest producers of trash compactors, followed by Europe.
Trash Compactors Market Competition Key companies operating in this industry are Wastequip, PRESTO, Marathon Equipment, Capital Compactors & Balers, Pakawaste, Harmony Enterprises, BERGMANN, Sunshine Recycling, Precision Machinery Systems, Kenburn, WasteCare Corporation, Nedland Industries, Mil-tek, Compactors, Inc., ACE Equipment Company, AEL, Huahong Technology, SYET, Whua Res Founder and Tianzhi.
Coverage Highlights • Trash Compactors Market Revenue Estimation and Forecast (2020 – 2027) • Production Estimation and Forecast (2020 – 2027) • Sales/Consumption Volume Estimation and Forecast (2020 – 2027) • Breakdown of Revenue by Segments (2020 – 2027) • Breakdown of Production by Segments (2020 – 2027) • Breakdown of Sales Volume by Segments (2020 – 2027) • Gross Margin and Profitability Analysis of Companies • Business Trend and Expansion Analysis • Import and Export Analysis
Trash Compactors Market Segmentation Product Outlook (Revenue, USD Million, 2020 - 2027) • 0-5 cubic yards • 5-10 cubic yards • 10+ cubic yards Application Outlook (Revenue, USD Million, 2020 - 2027) • Airport • Grocery store • Distribution center • Hospital • Retail store • Other Commercial Use
Country (Revenue, USD Million, 2020 - 2027) • United States • Canada • Mexico • France • Germany • Italy • Spain • United Kingdom • Russia • China • India • Philippines • Malaysia • Australia • Austria • South Korea • Middle East • Japan • Africa • Rest of World