The Waste Management Equipment Market size was estimated at USD 17.98 billion in 2023 and is expected to reach USD 25.37 billion by 2031 at a CAGR of 4.4% during the forecast period of 2024-2031.
Waste management equipment is used to collect, transfer, dispose of, and handle trash in an efficient manner. This device is used to handle industrial, hazardous, and municipal trash. The apparatus is used to gather solid, gaseous, and solid waste. Individuals and sustainable buildings require good waste management. This device is used to handle both hazardous and non-hazardous trash. It is made up of two kinds of equipment: waste disposal equipment and waste recycling and sorting equipment. Waste disposal equipment includes dumpers, dumpsters, and trucks for waste transportation, loading, and unloading. Conveyors, shredders, and screeners are also components of trash recycling and sorting equipment.
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MARKET DYNAMICS
DRIVERS
Municipal Waste Growth and Rising Demand for Disposal Methods to Drive Market Growth
According to the Global Garbage Index 2022, South Korea placed first, generating approximately 400 kg of garbage, 60.8% of which is recycled and deposited into the incinerator and landfill sectors, increasing demand for waste recycling and waste disposal equipment. Moreover, there is an increasing number of enterprises around the world, as well as technological developments in recycling facilities.
RESTRAIN
Infrastructure constraints
resistance to change
lack of skilled labor
OPPORTUNITY
Circular Economy, Emerging Markets, Partnerships, and Collaborations
The global shift toward a circular economy, which stresses reducing, reusing, and recycling resources, gives waste management equipment makers tremendous potential to produce creative solutions that promote these concepts. Growing waste management difficulties in developing countries provide untapped opportunities for waste management equipment providers. These regions are looking for new ways to meet their growing trash quantities. Collaboration among waste management firms, technology suppliers, and governments can result in comprehensive waste management solutions, thereby stimulating innovation and growth in the equipment industry.
CHALLENGES
Complex Waste Flows
Compliance with Regulations
Behavioral Modification Hierarchy of Waste Management
IMPACT OF RUSSIAN UKRAINE WAR
Even before the war, the European trash market was depleted of waste wood, resulting in higher prices. This is also an issue for plants, which incinerate wood to compensate for a lack of home and commercial waste. Electricity and fossil energy prices are inextricably connected, and while gas continues to flow from Russia to Europe, the war has dramatically increased operating costs for many sector participants. The present and unusually high electricity rates have forced numerous recycling players to temporarily halt production.
IMPACT OF ONGOING RECESSION
The expansion of the waste management equipment market is being driven by factors such as an increase in urban population, an increase in residential and non-residential buildings, and an increase in environmental consciousness toward industrial waste recycling. Furthermore, as the urban population grows, so will the amount of waste, fueling the expansion of the waste management equipment market. During the projection period, emerging countries with significant growth potential, such as China, Africa, India, and others, present profitable prospects for market participants.
By Product Type
Waste Disposal Equipment
Dumpsters
Compactors
Trucks
Others (Drum Crushers and Others)
Waste Recycling & Sorting Equipment
Conveyors
Screeners
Shredder
Others
By Waste Type
Hazardous
Non-hazardous
By Application
Industrial Waste
Municipal Waste
Others
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REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSES
Because of the presence of multiple significant companies in the area as well as good Product Type offerings, North America led the market during the forecast period. Furthermore, the massive volume of waste generated in the United States, Canada, and Mexico creates a demand for waste management equipment. The population of the United States generated 269 million tons of garbage. Individuals in the United States generate approximately 4.6 pounds of garbage on average. These factors increase the demand for waste equipment to effectively manage, process, and dispose of trash.
During the projected period, the Asia Pacific region is expected to grow at the fastest rate of 5.3%. Due to an increase in the amount of garbage generated by countries such as Japan, India, and China, the region was valued at USD 4.95 billion in 2022. Every year, India creates over 60 million tons of trash. This garbage can be disposed of in landfills without being treated. This increases Product Type demand, propelling market expansion.
The major key players are Dover Corporation, Morita Holdings Corporation, Wast equip LLC, Oshkosh Corporation, Sierra International Machinery LLC,JCB, Kirch off Group, Waste Connections, Enerpat Group UK Ltd.Caterpillar Inc. and other players
Dover Corporation-Company Financial Analysis
RECENT DEVELOPMENT
Averda International Limited: In November 2022, Averda International Limited entered into a collaboration arrangement with King Abdullah University of Science and Technology (KAUST) to provide sustainable waste management services to Saudi universities. The agreement lasted ten years and was intended to achieve zero waste in landfills.
Sierra International Machinery LLC: In June 2022, Sierra International Machinery LLC, based in California, constructed a new manufacturing site in Jesup, Georgia, United States. The new Product Typeion facility has a total area of 24,000 square feet. The business growth was done to increase waste management equipment Product Typeion capacity and demand for Sierra's Product Types.
Brightmark: In August 2022, Brightmark formed a cooperation with Jamar Health Product Types, a medical waste recycling company based in the United States. The collaboration was intended to improve the company's trash management services.
| Report Attributes | Details |
| Market Size in 2023 | US$ 17.97 Bn |
| Market Size by 2031 | US$ 25.37 Bn |
| CAGR | CAGR of 4.4% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Product Type(Waste Disposal Equipment, Dumpsters, Compactors, Trucks, Others (Drum Crushers and Others), Waste Recycling & Sorting Equipment, Conveyors, Screeners, Shredder, Others) •By Waste Type(Hazardous, Non-hazardous) •By Application (Industrial Waste, Municipal Waste, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Dover Corporation, Morita Holdings Corporation, Wast equip LLC, Oshkosh Corporation, Sierra International Machinery LLC, JCB, Kirch off Group, Waste Connections, Enerpat Group UK Ltd.Caterpillar Inc |
| Key Drivers | •Municipal Waste Growth and Rising Demand for Disposal Methods to Drive Market Growth |
| Market Restraints | •Infrastructure constraints •resistance to change •lack of skilled labor |
The Waste Management Equipment Market is expected to grow at 4.4% CAGR from 2023 to 2030.
According to our analysis, the Waste Management Equipment Market is anticipated to reach USD 24.30 billion By 2030
The important trends in the worldwide waste management equipment market are an increase in the development of industrial and commercial buildings, an increase in waste volume, and a stringent implication toward sustainable waste management in developed countries.
The leading participants in the Dover Corporation, Morita Holdings Corporation, Wast Equip LLC, Oshkosh Corporation, and Sierra International Machinery LLC.
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Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Waste Management Equipment Market, By Product Type
8.1 Waste Disposal Equipment
8.2 Dumpsters
8.3 Compactors
8.4 Trucks
8.5 Others (Drum Crushers and Others)
8.6 Waste Recycling & Sorting Equipment
8.7 Conveyors
8.8 Screeners
8.9 Shredder
8.10 Others
9. Waste Management Equipment Market, By Waste Type
9.1 Hazardous
9.2 Non-hazardous
10. Waste Management Equipment Market, By Application
10.1 Industrial Waste
10.2 Municipal Waste
10.3 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Waste Management Equipment Market by Country
11.2.2North America Waste Management Equipment Market by Product Type
11.2.3 North America Waste Management Equipment Market by Waste Type
11.2.4 North America Waste Management Equipment Market by Application
11.2.5 USA
11.2.5.1 USA Waste Management Equipment Market by Product Type
11.2.5.2 USA Waste Management Equipment Market by Waste Type
11.2.5.3 USA Waste Management Equipment Market by Application
11.2.6 Canada
11.2.6.1 Canada Waste Management Equipment Market by Product Type
11.2.6.2 Canada Waste Management Equipment Market by Waste Type
11.2.6.3 Canada Waste Management Equipment Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Waste Management Equipment Market by Product Type
11.2.7.2 Mexico Waste Management Equipment Market by Waste Type
11.2.7.3 Mexico Waste Management Equipment Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Waste Management Equipment Market by Country
11.3.1.2 Eastern Europe Waste Management Equipment Market by Product Type
11.3.1.3 Eastern Europe Waste Management Equipment Market by Waste Type
11.3.1.4 Eastern Europe Waste Management Equipment Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Waste Management Equipment Market by Product Type
11.3.1.5.2 Poland Waste Management Equipment Market by Waste Type
11.3.1.5.3 Poland Waste Management Equipment Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Waste Management Equipment Market by Product Type
11.3.1.6.2 Romania Waste Management Equipment Market by Waste Type
11.3.1.6.4 Romania Waste Management Equipment Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Waste Management Equipment Market by Product Type
11.3.1.7.2 Turkey Waste Management Equipment Market by Waste Type
11.3.1.7.3 Turkey Waste Management Equipment Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Waste Management Equipment Market by Product Type
11.3.1.8.2 Rest of Eastern Europe Waste Management Equipment Market by Waste Type
11.3.1.8.3 Rest of Eastern Europe Waste Management Equipment Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Waste Management Equipment Market by Product Type
11.3.2.2 Western Europe Waste Management Equipment Market by Waste Type
11.3.2.3 Western Europe Waste Management Equipment Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Waste Management Equipment Market by Product Type
11.3.2.4.2 Germany Waste Management Equipment Market by Waste Type
11.3.2.4.3 Germany Waste Management Equipment Market by Application
11.3.2.5 France
11.3.2.5.1 France Waste Management Equipment Market by Product Type
11.3.2.5.2 France Waste Management Equipment Market by Waste Type
11.3.2.5.3 France Waste Management Equipment Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Waste Management Equipment Market by Product Type
11.3.2.6.2 UK Waste Management Equipment Market by Waste Type
11.3.2.6.3 UK Waste Management Equipment Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Waste Management Equipment Market by Product Type
11.3.2.7.2 Italy Waste Management Equipment Market by Waste Type
11.3.2.7.3 Italy Waste Management Equipment Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Waste Management Equipment Market by Product Type
11.3.2.8.2 Spain Waste Management Equipment Market by Waste Type
11.3.2.8.3 Spain Waste Management Equipment Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Waste Management Equipment Market by Product Type
11.3.2.9.2 Netherlands Waste Management Equipment Market by Waste Type
11.3.2.9.3 Netherlands Waste Management Equipment Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Waste Management Equipment Market by Product Type
11.3.2.10.2 Switzerland Waste Management Equipment Market by Waste Type
11.3.2.10.3 Switzerland Waste Management Equipment Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Waste Management Equipment Market by Product Type
11.3.2.11.3 Austria Waste Management Equipment Market by Waste Type
11.3.2.11.4 Austria Waste Management Equipment Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Waste Management Equipment Market by Product Type
11.3.2.12.2 Rest of Western Europe Waste Management Equipment Market by Waste Type
11.3.2.12.3 Rest of Western Europe Waste Management Equipment Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Waste Management Equipment Market by Country
11.4.2 Asia-Pacific Waste Management Equipment Market by Product Type
11.4.3 Asia-Pacific Waste Management Equipment Market by Waste Type
11.4.4 Asia-Pacific Waste Management Equipment Market by Application
11.4.5 China
11.4.5.1 China Waste Management Equipment Market by Product Type
11.4.5.2 China Waste Management Equipment Market by Waste Type
11.4.5.3 China Waste Management Equipment Market Application
11.4.6 India
11.4.6.1 India Waste Management Equipment Market by Product Type
11.4.6.2 India Waste Management Equipment Market by Waste Type
11.4.6.3 India Waste Management Equipment Market by Application
11.4.7 Japan
11.4.7.1 Japan Waste Management Equipment Market by Product Type
11.4.7.2 Japan Waste Management Equipment Market by Waste Type
11.4.7.3 Japan Waste Management Equipment Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Waste Management Equipment Market by Product Type
11.4.8.2 South Korea Waste Management Equipment Market by Waste Type
11.4.8.3 South Korea Waste Management Equipment Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Waste Management Equipment Market by Product Type
11.4.9.2 Vietnam Waste Management Equipment Market by Waste Type
11.4.9.3 Vietnam Waste Management Equipment Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Waste Management Equipment Market by Product Type
11.4.10.2 Singapore Waste Management Equipment Market by Waste Type
11.4.10.3 Singapore Waste Management Equipment Market by Application
11.4.11 Australia
11.4.11.1 Australia Waste Management Equipment Market by Product Type
11.4.11.2 Australia Waste Management Equipment Market by Waste Type
11.4.11.3 Australia Waste Management Equipment Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Waste Management Equipment Market by Product Type
11.4.12.2 Rest of Asia-Pacific Waste Management Equipment Market by Waste Type
11.4.12.3 Rest of Asia-Pacific Waste Management Equipment Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Waste Management Equipment Market by Country
11.5.1.2 Middle East Waste Management Equipment Market by Product Type
11.5.1.3 Middle East Waste Management Equipment Market by Waste Type
11.5.1.4 Middle East Waste Management Equipment Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Waste Management Equipment Market by Product Type
11.5.1.5.2 UAE Waste Management Equipment Market by Waste Type
11.5.1.5.3 UAE Waste Management Equipment Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Waste Management Equipment Market by Product Type
11.5.1.6.2 Egypt Waste Management Equipment Market by Waste Type
11.5.1.6.3 Egypt Waste Management Equipment Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Waste Management Equipment Market by Product Type
11.5.1.7.2 Saudi Arabia Waste Management Equipment Market by Waste Type
11.5.1.7.3 Saudi Arabia Waste Management Equipment Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Waste Management Equipment Market by Product Type
11.5.1.8.2 Qatar Waste Management Equipment Market by Waste Type
11.5.1.8.3 Qatar Waste Management Equipment Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Waste Management Equipment Market by Product Type
11.5.1.9.2 Rest of Middle East Waste Management Equipment Market by Waste Type
11.5.1.9.3 Rest of Middle East Waste Management Equipment Market by Application
11.5.2 Africa
11.5.2.1 Africa Waste Management Equipment Market by Country
11.5.2.2 Africa Waste Management Equipment Market by Product Type
11.5.2.3 Africa Waste Management Equipment Market by Waste Type
11.5.2.4 Africa Waste Management Equipment Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Waste Management Equipment Market by Product Type
11.5.2.5.2 Nigeria Waste Management Equipment Market by Waste Type
11.5.2.5.3 Nigeria Waste Management Equipment Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Waste Management Equipment Market by Product Type
11.5.2.6.2 South Africa Waste Management Equipment Market by Waste Type
11.5.2.6.3 South Africa Waste Management Equipment Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Waste Management Equipment Market by Product Type
11.5.2.7.2 Rest of Africa Waste Management Equipment Market by Waste Type
11.5.2.7.3 Rest of Africa Waste Management Equipment Market by Application
11.6 Latin America
11.6.1 Latin America Waste Management Equipment Market by Country
11.6.2 Latin America Waste Management Equipment Market by Product Type
11.6.3 Latin America Waste Management Equipment Market by Waste Type
11.6.4 Latin America Waste Management Equipment Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Waste Management Equipment Market by Product Type
11.6.5.2 Brazil Waste Management Equipment Market by Waste Type
11.6.5.3 Brazil Waste Management Equipment Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Waste Management Equipment Market by Product Type
11.6.6.2 Argentina Waste Management Equipment Market by Waste Type
11.6.6.3 Argentina Waste Management Equipment Market by Application
11.6.7 Colombia
11.6.7.1 Colombia America Waste Management Equipment Market by Product Type
11.6.7.2 Colombia America Waste Management Equipment Market by Waste Type
11.6.7.3 Colombia America Waste Management Equipment Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Waste Management Equipment Market by Product Type
11.6.8.2 Rest of Latin America Waste Management Equipment Market by Waste Type
11.6.8.3 Rest of Latin America Waste Management Equipment Market by Application
12. Company profile
12.1 Dover Corporation
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product Type/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Morita Holdings Corporation
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product Type/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Wast equip LLC
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product Type/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Oshkosh Corporation,
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product Type/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Sierra International Machinery LLC
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product Type/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 JCB
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product Type/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Waste Connections
12.7.2 Financials
12.7.3 Product Type/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Enerpat Group UK Ltd.
12.7.1 Company Overview
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product Type/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Caterpillar Inc
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product Type/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Kirch off Group
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product Type/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Application News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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