The research report contains an in-depth analysis and discussion of important industry trends, market dynamics, market size, and market share estimation. In addition, the report outlines the drivers, restraints, and opportunities of the global Waste Management Equipment market which is essential to implement strategies and to gain a sustainable growth during the forecasted period. Moreover, a detailed analysis of Covid-19 impact on the global Waste Management Equipment market is also published in the report.
According to a new report published by Allied Market Research, titled, “Waste Management Equipment Market by Product Type, Waste Type, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global waste management equipment market size was $45,756.9 million in 2019, and is projected to reach $55,637.9 million by 2027, registering a CAGR of 4.1% from 2020 to 2027. In 2019, industrial segment dominated the global market, accounting for approximately half of the global waste management equipment market share.
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Covid-19 impact:
Manufacturing activities of Waste Management Equipment halted due to implementation of stringent lockdown. To prevent the spread of coronavirus, governments across every nation made social distancing compulsory, due to which, market players faced shortage of labor force. Moreover, restrictions in import & export activities led to supply chain disruptions which further resulted to shortage of raw materials. This in turn, created challenges in carrying out manufacturing in full capacity. Also, most of the construction projects were either delayed or cancelled, especially in the initial stage of the pandemic.
The global waste management equipment market is expected to grow, owing to increase in the urban population globally and stringent government regulations toward environmental safety. In addition, increase in the amount of waste generated in municipal and industrial sectors is projected to garner to the growth of the market. Moreover, government initiatives such as, in India, Swachh Bharat Abhiyan, support the e-waste management program. Moreover, high growth potential in emerging regions such as Asia-Pacific and LAMEA, is projected to provide lucrative opportunities for the growth of the waste management equipment market. Further, rise in the amount of waste such as papers, masks, sanitizer, cardboard, and others generated from medical and pharmaceutical sectors is expected to fuel the growth of the market.
Key Segments Covered:
By Product Type
- Waste Disposal Equipment
- Dumpsters
- Compactors
- Trucks
- Others
- Waste Recycling & Sorting Equipment
- Conveyor Systems
- Screeners
- Shredders
- Others
By Waste Type
- Hazardous Waste
- Non-hazardous Waste
By Application
- Industrial Waste
- Municipal Waste
- Others
Competitive Landscape: Recycling Equipment Manufacturing, Inc, CP Manufacturing, Inc, Dover Corporation, Morita Holding Corporation, Tomra Systems ASA, Wastequip, LLC, Blue Group, KK Balers Ltd, Shred-Tech Corporation, and McNeilus Trucks & Manufacturing, Inc.
These companies have adopted numerous strategies such as new product launches, mergers & acquisitions, collaborations, joint ventures, partnerships, expansion, and others in order to gather immense growth prospects during the forecasted period.
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Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Waste Management Equipment Market Size
2.2 Waste Management Equipment Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Waste Management Equipment Market Size by Manufacturers
3.2 Waste Management Equipment Key Players Head office and Area Served
3.3 Key Players Waste Management Equipment Product/Solution/Service
3.4 Date of Enter into Waste Management Equipment Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Waste Management Equipment Sales by Product
4.2 Global Waste Management Equipment Revenue by Product
4.3 Waste Management Equipment Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Waste Management Equipment Breakdown Data by End User
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.