Los Angeles, CA -- (SBWIRE) -- 06/25/2019 -- 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.
The introduction of stringent regulatory policies and the increasing charges for the disposal of waste products in developed countries are expected to bolster market growth during the predicted period.
The increasing cost of waste disposal is expected to be the primary driver for this market. The widespread usage of garbage collection services and the high adoption of the PAYT (pay-as-you-throw) program by waste management boards of several cities across the globe have increased the cost of waste disposal. This increasing cost of waste disposal is expected to augment the global demand for trash compactors during the forecast period.
The global Trash Compactor market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Trash Compactor market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Get your Sample Copy of Report @ https://www.qyresearch.com/sample-form/form/1123875/global-trash-compactor-market
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Trash Compactor in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Wastequip
PRESTO
Marathon Equipment
Capital Compactors & Balers
Harmony Enterprises
Precision Machinery Systems
Kenburn
WasteCare Corporation
Nedland Industries
ACE Equipment Company
By the product type, the market is primarily split into
Stationary Compactor
Self-Contained Compactor
Vertical Compactor
By the end users/application, this report covers the following segments
Airport
Grocery Store
Distribution Center
Hospital
Retail Store
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
Benefits of Purchasing QY Research Report
- Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
- Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
- Inimitable Expertise: Analysts will provide deep insights about the reports
- Assured Quality: We focus on the quality and accuracy of the report
For Any Special Requirement and Discount Request @ https://www.qyresearch.com/customize-request/form/1123875/global-trash-compactor-market
About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.