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Trash Compactors Market Is Projected to Be Worth USD 400 Million by 2023

The Trash Compactors Market is expected to reach USD 400 Million by 2023 from USD 330 Million in 2017, at a CAGR grow of roughly 3.4% over the next five years.

 

Selbyville, DE -- (SBWIRE) -- 02/05/2019 -- 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.

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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.

Scope of the Report:
This report focuses on the Trash Compactors Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

Trash Compactors Market Segment by Top Manufacturers Including:
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.

Trash Compactors Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Table of Contents:

Global Trash Compactors Market Overview

Global Trash Compactors Market Manufacturers Profiles

Global Trash Compactors Market Competition, by Manufacturer

Global Trash Compactors Market Analysis by Regions

Global Trash Compactors by Countries

Global Trash Compactors Market Segment by Type

Global Trash Compactors Market Segment by Application

Trash Compactors Market Forecast (2018-2023)

Sales Channel, Distributors, Traders and Dealers

Research Findings and Conclusion

Market Segment by Type, covers
- 0-5 cubic yards
- 5-10 cubic yards
- 10+ cubic yards

Market Segment by Applications, can be divided into:
- Airport
- Grocery store
- Distribution center
- Hospital
- Retail store
- Other Commercial Use

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There are 15 Chapters to deeply display the global Trash Compactors market.

Chapter 1, to describe Trash Compactors Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Trash Compactors, with sales, revenue, and price of Trash Compactors, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Trash Compactors, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Trash Compactors market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Trash Compactors sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

For more information on this report at: https://www.marketstudyreport.com/reports/global-trash-compactors-market-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=Releasewire.com-SP

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United States Trash Compactors Market Research Report Forecast 2017-2021

The United States Trash Compactors Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Trash Compactors industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Trash Compactors market study provides comprehensive data which enhances the understanding, scope and application of this report.

https://www.marketstudyreport.com/reports/united-states-trash-compactors-market-research-report-forecast-2017-2021

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