The global Trash Compactors market was valued at 34.78 Million USD in 2021 and will grow with a CAGR of 3.46% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

0-5 cubic yards

5-10 cubic yards

10+ cubic yards

By Applications:

Airport

Grocery store

Distribution center

Hospital

Retail store

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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