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.
First, for industry structure analysis, the Trash Compactors industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 36% of the revenue market. Regionally, USA is the biggest production area of Trash Compactors, also the leader in the whole Trash Compactors industry.
Second, the production of trash compactors increases from 7569 Units in 2011 to 9728 Units in 2016, with an average growth rate of more than 4.75%.
Third, USA occupied 35.40% of the production market in 2015. It is followed by Germany and UK, which respectively have around 13.53% and 8.75% of the global total industry. Other countries have a small amount of production. Geographically, USA was the largest consumption market in the world, which took about 32.28% of the global consumption volume in 2015.
Fourth, for price trend analysis, a key variable in the performance of Trash Compactors producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material varies according to the steel price. This year, as the downturn of global steel industry, the Trash Compactors price would keep decreasing for at least the following 5 years.
Fifth, for forecast, the global Trash Compactors revenue would keep increasing with annual growth rate with 3~5%. We tend to believe that this industry still has a bright future, considering the current demand of Trash Compactors. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The report offers detailed coverage of Trash Compactors industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Trash Compactors by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Trash Compactors market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Trash Compactors market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
Tianzhi
At the same time, we classify Trash Compactors according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
0-5 cubic yards
5-10 cubic yards
10+ cubic yards
Market by Application
Airport
Grocery store
Distribution center
Hospital
Retail store
Other Commercial Use
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Trash Compactors market for the forecast period 2021 - 2025?
• What are the driving forces in the Trash Compactors market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Trash Compactors industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?