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.
This report contains market size and forecasts of Trash Compactors in global, including the following market information:
Global Trash Compactors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Trash Compactors Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Trash Compactors companies in 2021 (%)
The global Trash Compactors market was valued at 299.4 million in 2021 and is projected to reach US$ 365 million by 2028, at a CAGR of 2.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
0-5 cubic yards Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Trash Compactors include Wastequip, PRESTO, Marathon Equipment, Capital Compactors & Balers, Pakawaste, Harmony Enterprises, BERGMANN, Sunshine Recycling and Precision Machinery Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Trash Compactors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Trash Compactors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Trash Compactors Market Segment Percentages, by Type, 2021 (%)
0-5 cubic yards
5-10 cubic yards
10+ cubic yards
Global Trash Compactors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Trash Compactors Market Segment Percentages, by Application, 2021 (%)
Airport
Grocery Store
Distribution Center
Hospital
Retail Store
Other Commercial Use
Global Trash Compactors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Trash Compactors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Trash Compactors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Trash Compactors revenues share in global market, 2021 (%)
Key companies Trash Compactors sales in global market, 2017-2022 (Estimated), (Units)
Key companies Trash Compactors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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