Global Trash Compactors Market Size, Share, Trends, Industry Growth by Product (Stationary, Self-Contained, Chute Fed, Indoor Stainless Steel), by Modality (Portable, Stationary), by Waste Type, by Application, by Region, and Forecast to 2028

Report ID: RC52017 | Report Format: PDF + Excel | Starting Price: 3600/- USD | Last Updated: June 29th, 2023

The global trash compactors market size is anticipated to grow at a significant CAGR of around 4% during the forecast period from 2022 to 2028. The growing cost of waste disposable coupled with the growing waste amount in the world is a primary factor driving the market growth. Furthermore, the stringent regulations regarding waste disposal in developed economies are further anticipated to fuel the market over the forecast period. Moreover, the rapid growth in urbanization and the growing economic development have resulted in a significant increase in solid waste among various countries, and the rising concerns regarding the limited space of landfills are projected to propel the market in the next upcoming years.

Market Drivers:

Increasing Waste Generation: The rising population, urbanization, and industrialization have led to an increase in waste generation globally. This creates a need for effective waste management solutions, including trash compactors, to reduce the volume of waste and optimize waste disposal and transportation.

Waste Management and Environmental Regulations: Stringent waste management and environmental regulations imposed by governments and environmental agencies drive the adoption of trash compactors. These regulations aim to reduce landfill waste, promote recycling and waste reduction, and minimize the environmental impact of waste disposal. Trash compactors offer an efficient way to reduce the volume of waste, ensuring compliance with waste management regulations.

Cost and Space Savings: Trash compactors enable efficient waste management by compacting waste, thereby reducing its volume. This leads to cost savings in waste disposal, as less space is required for waste storage and transportation. Trash compactors help optimize waste collection routes, reduce the frequency of waste collection, and minimize the need for additional waste storage facilities.

Improved Hygiene and Odor Control: Trash compactors help improve hygiene and control odor associated with waste storage and disposal. By compacting waste into a sealed container, trash compactors minimize exposure to waste, reduce the risk of pest infestation, and contain unpleasant odors. This is particularly beneficial in commercial and public settings such as restaurants, malls, hospitals, and residential complexes.

Growing Focus on Sustainability: The increasing focus on sustainability and environmental responsibility is driving the adoption of waste management solutions that promote recycling, waste reduction, and efficient resource utilization. Trash compactors contribute to sustainability by reducing the volume of waste sent to landfills, optimizing waste collection and transportation, and facilitating recycling initiatives.

Industrial and Commercial Applications: Trash compactors find extensive application in industrial and commercial settings, such as manufacturing facilities, shopping centers, hotels, restaurants, and office buildings. These sectors generate large quantities of waste that need to be efficiently managed. Trash compactors provide a space-saving and cost-effective solution for waste disposal in these environments.

Technological Advancements: Continuous advancements in trash compactor technology have improved their efficiency, reliability, and user-friendliness. Advanced features such as automatic compaction, sensor-based operation, remote monitoring, and integrated waste management systems enhance the performance and effectiveness of trash compactors, driving their adoption.

Awareness of the Benefits of Waste Reduction: Increasing awareness of the benefits of waste reduction, including cost savings, environmental conservation, and resource optimization, is driving the demand for trash compactors. Businesses and individuals are recognizing the importance of waste management and seeking efficient solutions to reduce waste volume and improve waste disposal practices.

Market Snapshot:

Benchmark Year 2022
Market Size lock
Market Growth (CAGR) ~ 4% (2023-2030)
Largest Market Share lock
Analysis Period 2020-2030
Market Players Wastequip Manufacturing Company, LLC, TR Baler and Compactor, Marathon Equipment Co, Husmann Umwell Technik, and Henrich Group,LLC

Market Insights:

By product type, the stationary trash compactors segment is expected to hold the largest market share by 2028

The global trash compactors market is bifurcated into product type, modality, waste type, application, and geography. On the basis of product type, the market is further segmented into stationary, self-contained, chute-fed compactors, and indoor stainless steel trash compactors. The stationary trash compactors segment dominated the global market in 2021 and estimated to hold the largest revenue share of around half of the market by the end of the analysis period. Stationary compactors are commonly used for dry waste and are perfect for household supply chains, waste haulers, clothing and merchandise chains, apartment buildings, and other institution places. The increasing adoption of the product at given places is a significant factor driving the segment growth.

Trash Compactors Market Growth

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The trash compactors comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The trash compactors market research report presents the analysis of each segment from 2019 to 2028 considering 2021 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2022 to 2028.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Market Segmentation:

By Product Type:

  • Stationary Trash Compactors
  • Self-Contained Trash Compactors
  • Chute Fed Compactors
  • Indoor Stainless Steel Trash Compactors

By Modality:

  • Portable
  • Stationary

By Waste Type:

  • Dry Waste
  • Wet Waste

By Application:

  • Residential
  • Commercial & Institutional
  • Industrial

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the trash compactors market report comprises dedicated sections centering on the regional market revenue and trends. The trash compactors market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The trash compactors market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Trash compactors market estimates have also been provided for the historical years 2019 & 2020 along with forecasts for the period from 2022 – 2028.

Competitive Assessment:

Some of the prominent market players operating in the global trash compactors market are Wastequip Manufacturing Company, LLC, TR Baler and Compactor, Marathon Equipment Co, Husmann Umwell Technik, and Henrich Group, LLC. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Wastequip Manufacturing Company, LLC
  • TR Baler and Compactor
  • Marathon Equipment Co
  • Husmann Umwell Technik
  • Henrich Group,LLC
  • V. Manufacturing
  • Heinz Bergmann OHG
  • Sebright Products Bright Technologies
  • Capital Compactors Ltd.
  • Gillard SAS

Key Questions Answered by Trash Compactors Market Report

  • Global trash compactors market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Trash compactors submarket forecasts from 2022-2028 covering the market by product type, modality, waste type, application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level trash compactors markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Trash Compactors Market Portraiture
2.2. Global Trash Compactors Market, by Product Type, 2021 (USD Mn)
2.3. Global Trash Compactors Market, by Modality, 2021 (USD Mn)
2.4. Global Trash Compactors Market, by Waste Type, 2021 (USD Mn)
2.5. Global Trash Compactors Market, by Application, 2021 (USD Mn)
2.6. Global Trash Compactors Market, by Geography, 2021 (USD Mn)

 

3. Global Trash Compactors Market Analysis


3.1. Trash Compactors Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Trash Compactors Market By Product Type, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Stationary Trash Compactors
4.3. Self-Contained Trash Compactors
4.4. Chute Fed Compactors
4.5. Indoor Stainless Steel Trash Compactors

 

5. Global Trash Compactors Market By Modality, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Portable
5.3. Stationary

 

6. Global Trash Compactors Market By Waste Type, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Dry Waste
6.3. Wet Waste

 

7. Global Trash Compactors Market By Application, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. Residential
7.3. Commercial & Institutional
7.4. Industrial

 

8. North America Trash Compactors Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. North America Trash Compactors Market by Product Type, (2019-2028 USD Mn)
8.3. North America Trash Compactors Market by Modality, (2019-2028 USD Mn)
8.4. North America Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
8.5. North America Trash Compactors Market by Application, (2019-2028 USD Mn)
8.6. North America Trash Compactors Market by Country, (2019-2028 USD Mn)
8.6.1. U.S.
8.6.1.1. U.S. Trash Compactors Market by Product Type, (2019-2028 USD Mn)
8.6.1.2. U.S. Trash Compactors Market by Modality, (2019-2028 USD Mn)
8.6.1.3. U.S. Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
8.6.1.4. U.S. Trash Compactors Market by Application, (2019-2028 USD Mn)
8.6.2. Canada
8.6.2.1. Canada Trash Compactors Market by Product Type, (2019-2028 USD Mn)
8.6.2.2. Canada Trash Compactors Market by Modality, (2019-2028 USD Mn)
8.6.2.3. Canada Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
8.6.2.4. Canada Trash Compactors Market by Application, (2019-2028 USD Mn)

 

9. Europe Trash Compactors Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Europe Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.3. Europe Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.4. Europe Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.5. Europe Trash Compactors Market by Application, (2019-2028 USD Mn)
9.6. Europe Trash Compactors Market by Country, (2019-2028 USD Mn)
9.6.1. Germany
9.6.1.1. Germany Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.6.1.2. Germany Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.6.1.3. Germany Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.6.1.4. Germany Trash Compactors Market by Application, (2019-2028 USD Mn)
9.6.2. U.K.
9.6.2.1. U.K. Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.6.2.2. U.K. Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.6.2.3. U.K. Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.6.2.4. U.K. Trash Compactors Market by Application, (2019-2028 USD Mn)
9.6.3. France
9.6.3.1. France Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.6.3.2. France Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.6.3.3. France Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.6.3.4. France Trash Compactors Market by Application, (2019-2028 USD Mn)
9.6.4. Spain
9.6.4.1. Spain Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.6.4.2. Spain Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.6.4.3. Spain Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.6.4.4. Spain Trash Compactors Market by Application, (2019-2028 USD Mn)
9.6.5. Italy
9.6.5.1. Italy Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.6.5.2. Italy Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.6.5.3. Italy Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.6.5.4. Italy Trash Compactors Market by Application, (2019-2028 USD Mn)
9.6.6. Rest of Europe
9.6.6.1. Rest of Europe Trash Compactors Market by Product Type, (2019-2028 USD Mn)
9.6.6.2. Rest of Europe Trash Compactors Market by Modality, (2019-2028 USD Mn)
9.6.6.3. Rest of Europe Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
9.6.6.4. Rest of Europe Trash Compactors Market by Application, (2019-2028 USD Mn)

 

10. Asia Pacific Trash Compactors Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Asia Pacific Trash Compactors Market by Product Type, (2019-2028 USD Mn)
10.3. Asia Pacific Trash Compactors Market by Modality, (2019-2028 USD Mn)
10.4. Asia Pacific Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
10.5. Asia Pacific Trash Compactors Market by Application, (2019-2028 USD Mn)
10.6. Asia Pacific Trash Compactors Market by Country, (2019-2028 USD Mn)
10.6.1. China
10.6.1.1. China Trash Compactors Market by Product Type, (2019-2028 USD Mn)
10.6.1.2. China Trash Compactors Market by Modality, (2019-2028 USD Mn)
10.6.1.3. China Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
10.6.1.4. China Trash Compactors Market by Application, (2019-2028 USD Mn)
10.6.2. Japan
10.6.2.1. Japan Trash Compactors Market by Product Type, (2019-2028 USD Mn)
10.6.2.2. Japan Trash Compactors Market by Modality, (2019-2028 USD Mn)
10.6.2.3. Japan Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
10.6.2.4. Japan Trash Compactors Market by Application, (2019-2028 USD Mn)
10.6.3. India
10.6.3.1. India Trash Compactors Market by Product Type, (2019-2028 USD Mn)
10.6.3.2. India Trash Compactors Market by Modality, (2019-2028 USD Mn)
10.6.3.3. India Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
10.6.3.4. India Trash Compactors Market by Application, (2019-2028 USD Mn)
10.6.4. Rest of Asia Pacific
10.6.4.1. Rest of Asia Pacific Trash Compactors Market by Product Type, (2019-2028 USD Mn)
10.6.4.2. Rest of Asia Pacific Trash Compactors Market by Modality, (2019-2028 USD Mn)
10.6.4.3. Rest of Asia Pacific Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
10.6.4.4. Rest of Asia Pacific Trash Compactors Market by Application, (2019-2028 USD Mn)

 

11. Latin America (LATAM) Trash Compactors Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. Latin America Trash Compactors Market by Product Type, (2019-2028 USD Mn)
11.3. Latin America Trash Compactors Market by Modality, (2019-2028 USD Mn)
11.4. Latin America Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
11.5. Latin America Trash Compactors Market by Application, (2019-2028 USD Mn)
11.6. Latin America Trash Compactors Market by Country, (2019-2028 USD Mn)
11.6.1. Brazil
11.6.1.1. Brazil Trash Compactors Market by Product Type, (2019-2028 USD Mn)
11.6.1.2. Brazil Trash Compactors Market by Modality, (2019-2028 USD Mn)
11.6.1.3. Brazil Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
11.6.1.4. Brazil Trash Compactors Market by Application, (2019-2028 USD Mn)
11.6.2. Mexico
11.6.2.1. Mexico Trash Compactors Market by Product Type, (2019-2028 USD Mn)
11.6.2.2. Mexico Trash Compactors Market by Modality, (2019-2028 USD Mn)
11.6.2.3. Mexico Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
11.6.2.4. Mexico Trash Compactors Market by Application, (2019-2028 USD Mn)
11.6.3. Rest of Latin America
11.6.3.1. Rest of Latin America Trash Compactors Market by Product Type, (2019-2028 USD Mn)
11.6.3.2. Rest of Latin America Trash Compactors Market by Modality, (2019-2028 USD Mn)
11.6.3.3. Rest of Latin America Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
11.6.3.4. Rest of Latin America Trash Compactors Market by Application, (2019-2028 USD Mn)

 

12. Middle East and Africa Trash Compactors Market Analysis and Forecast, 2019 – 2028 (USD Mn)


12.1. Overview
12.2. MEA Trash Compactors Market by Product Type, (2019-2028 USD Mn)
12.3. MEA Trash Compactors Market by Modality, (2019-2028 USD Mn)
12.4. MEA Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
12.5. MEA Trash Compactors Market by Application, (2019-2028 USD Mn)
12.6. Middle East and Africa Trash Compactors Market, by Country, (2019-2028 USD Mn)
12.6.1. GCC
12.6.1.1. GCC Trash Compactors Market by Product Type, (2019-2028 USD Mn)
12.6.1.2. GCC Trash Compactors Market by Modality, (2019-2028 USD Mn)
12.6.1.3. GCC Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
12.6.1.4. GCC Trash Compactors Market by Application, (2019-2028 USD Mn)
12.6.2. South Africa
12.6.2.1. South Africa Trash Compactors Market by Product Type, (2019-2028 USD Mn)
12.6.2.2. South Africa Trash Compactors Market by Modality, (2019-2028 USD Mn)
12.6.2.3. South Africa Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
12.6.2.4. South Africa Trash Compactors Market by Application, (2019-2028 USD Mn)
12.6.3. Rest of MEA
12.6.3.1. Rest of MEA Trash Compactors Market by Product Type, (2019-2028 USD Mn)
12.6.3.2. Rest of MEA Trash Compactors Market by Modality, (2019-2028 USD Mn)
12.6.3.3. Rest of MEA Trash Compactors Market by Waste Type, (2019-2028 USD Mn)
12.6.3.4. Rest of MEA Trash Compactors Market by Application, (2019-2028 USD Mn)

 

13. Company Profiles


13.1. Wastequip Manufacturing Company, LLC
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. TR Baler and Compactor
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Marathon Equipment Co
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Husmann Umwell Technik
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Henrich Group,LLC
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. J.V. Manufacturing
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Heinz Bergmann OHG
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Sebright Products Bright Technologies
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Capital Compactors Ltd.
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Gillard SAS
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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