Trash Compactors Market Growing at 3.27% CAGR to hit USD 310.3 million by 2023

This Global Trash Compactors market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Over the last few years the global trash compactors market has been witnessing a strong growth graph. As per Report, the market was valued at $255.8 million and by the end of 2023, it is projected to reach a value over $310.3 million with a CAGR of 3.27% during the forecast timeframe.

As per the report, the threat of substitution is one of the primary factors out of Porter's five forces. It is estimated that trash compactors manufacturers can claim a big market share if manufacturers truly consider the design and diversity of the new technology.

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Global Trash Compactors market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including:

 Marathon Equipment
 Wastequip
 Husmann Umwelt-Technik
 Henrich Group
 PTR Baler & Compactor
 J.V. Manufacturing
 Bergmann
 Sebright Products
 PRESTO
 BTE SPA
 Capital Compactors & Balers
 K-PAC Equipment
 Gillard SAS
 Pakawaste
 Mil-tek
 AEL

In this report, the global Trash Compactors market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

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.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

 Stationary Compactor
 Self-Contained Compactor
 Vertical Compactor

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

 Garbage Disposal
 Municipal
 Other

A compactor is a machine or mechanism developed to reduce the size of materials like biomass or waste material through compaction. A trash compactor is often used at home or office to reduce the volume of trash. They are similar to industrial balers but they are commonly used to process non-recyclable materials. The trash is loaded into the input chamber and put through tremendous pressure of a hydraulic or pneumatic press. After processing, the volume of the trash is reduced making it easier to handle and more economical to transport considering only fewer hauling rounds are required.

In terms of application, the trash compactors segments include grocery, airport, distribution center, retail store, hospitals, and others. Water & Wastewater was projected to record a volume share of more than 21.55% in 2017, growing at a CAGR of 3.32% during the projected timeframe.

Key players in the global trash compactors market include Marathon Equipment, Sunshine Recycling, Wastequip, and BERGMANN, among other companies.

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.

Table of Contents:

Global Trash Compactors Market Research Report 2017

1 Trash Compactors Market Overview

2 Global Trash Compactors Market Competition by Manufacturers

3 Global Trash Compactors Capacity, Production, Revenue (Value) by Region (2012-2017)

4 Global Trash Compactors Supply (Production), Consumption, Export, Import by Region (2012-2017)

5 Global Trash Compactors Production, Revenue (Value), Price Trend by Type

6 Global Trash Compactors Market Analysis by Application

7 Global Trash Compactors Manufacturers Profiles/Analysis

8 Trash Compactors Manufacturing Cost Analysis

9 Industrial Chain, Sourcing Strategy and Downstream Buyers

10 Marketing Strategy Analysis, Distributors/Traders

11 Market Effect Factors Analysis

12 Global Trash Compactors Market Forecast (2017-2022)

13 Research Findings and Conclusion

14 Appendix

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Related Report:

Read More: https://www.marketwatch.com/press-release/Global-Structural-Steel-Market-Overview-with-Detailed-Analysis-Competitive-landscape-Forecast-to-2023-2018-12-13

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