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Trash compactors are used to compact trash at the source. They can be labor intensive and reduce the handling time normally associated with waste management and disposal. Trash compactors compress a large amount of unsorted mixed waste into a container. The containers are then collected and collected for later delivery to the landfill. The garbage compactor market is expected to be driven primarily by rising cost of waste disposal and increased solid waste generation in several emerging economies due to increased economic development and urbanization. Additionally, solid waste management is a major concern of several governments because problems related to waste disposal often lead to disease outbreaks.
Waste management is an effective way to maximize resources and reduce overall business costs. A trash compactor compresses trash in a way that takes up less space, and therefore can generally reduce trash volume by 50-90%.
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Global Garbage Compactor Market: Segmentation
The global market for garbage compactors can be segmented based on product type, type, waste, type, application and end use.
Depending on the type of product, the global market can be segmented into:
- Stationary Trash Compactors
- Autonomous Trash Compactors
- Hopper compactors
- Indoor Stainless Steel Trash Compactors
Depending on the type, the global market can be segmented into:
Depending on the type of waste, the global market can be segmented into:
Depending on the application, the global market can be segmented into:
- Residential
- Commercial and Institutional
- Industrial
According to the end use, the global market can be segmented into:
- Health and medical facilities
- Commercial Kitchens
- Hotels and restaurants
- Amusement parks
- Institutional facilities
- Construction sites
- Households
- Various other
Global Garbage Compactors Market: Dynamics
Trash compactors are rapidly gaining traction in various countries due to the numerous advantages associated with them, such as reduced collection cost, compatibility, versatility, etc. Trash compactors are also known to create a hygienic environment that leads to a better public image. Additionally, the introduction of strict laws by various governments regarding waste disposal and the growing threat of global warming will drive the growth of the market in question during the forecast period.
It has also been found that some of the prominent manufacturers participating in the global trash compactor market are involved in the introduction of energy efficient trash compactors. For example, Ecube Labs recently introduced solar powered trash compactors. These types of compactors can hold more debris than non-compactor containers and also reduce the frequency of collection.
Global Garbage Compactors Market: Regional Perspective
Geographically, the global trash compactor market is expected to be dominated by North America. North America is expected to be a pioneer in terms of trash compactor adoption around the world, supported by increased awareness among residential and commercial consumers in the US and Canada. North America is anticipated to be followed by Europe in the global market for the anticipated years due to increasing consumer waste problems in several countries. Europe, in the global garbage compactor market, is expected to be followed by Asia-Pacific in the near future. Latin America and the Middle East and Africa together are expected to represent a small share of the global trash compactor market. However, demand is expected to grow at a significant rate in the near future.
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Global Garbage Compactor Market – Participants
Examples of some of the key players involved in the global market are:
- Wastequip
- LLC,
- KenBay,
- WasteCare Corporation,
- Ecube Laboratories,
- Compactor management company,
- SP Industries, Inc.,
- Marathon team,
- PRESTO GmbH & Co. KG,
- Compactors and capital packers,
- Sunshine Recycling Inc.,
- Ace Equipment Company, A
- Associate Engineers Limited and others.
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