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The Waste Management Equipment Market was valued at USD 17.98 billion in 2023, and it is expected to reach USD 26.49 billion by 2032, registering a CAGR of 4.4% during the forecast period of 2024-2032.
Waste management equipment is crucial for the efficient and proper gathering, handling, and processing of both regular and industrial or hazardous waste. Such equipment is designed to handle solid, liquid, and gaseous waste types. Any individual and modern buildings that praise themselves to be ‘green’, cannot be called sustainable without this type of equipment. Major waste management equipment covers waste disposal equipment and waste recycling and sorting equipment. The first one incorporates dumpers, dumpsters, and trucks, which allow the transportation, loading, and discharging of waste. The second category includes conveyors, shredders, and screeners, designed to treat and separate waste from waste.
In the 2022 Global Waste Index by Sensoneo, Turkey is the least environmentally friendly country. They recycle 47 kg and per person and throw away 176 Kg in illegal dumps each year. The United States is the most wasteful country producing 811 kg of waste per capita with half of waste thrown into landfills.
Furthermore, according to the Food and Agriculture Organization of per United Nations, global food wastage is about 1.6 billion of food produced each year, of which 1.3 billion is still wasted. The carbon footprint is about 3.3 billion tonnes of CO2 equivalent. Home composting could cut household food waste and up to 150 kg per year per household, is likely to be located in the more fertile regions and delivered to local collection authorities. Developing countries experience higher food losses during agricultural production, while in more developed countries, food waste is higher at the retail and consumer levels, leading to an economic loss of about USD 750 billion annually.
MARKET DYNAMICS
DRIVERS
Rising Levels of Municipal Waste and Growing Demand for Effective Disposal Methods to Propel Market Growth.
Among all countries waste generation from municipal, as well as lower industrial sector is a major issue that is prevailing in all most all-over developing countries and in some developed countries. In addition to city population is increasing. As the population increases waste is also increasing in amount so the waste managing equipment are in high demand which helps the transfer the day to a more compact form and reusable form. According to the World Bank Group found that in 2021 globally 1.3 billion ton of waste is generated in which it is expected to increase to 2.2 billion tons of waste by 2025, generating transferring waste into most of the compactors and dumping system.
According to the Global Waste Index 2022, South Korea ranked first, which generated around 400 kg of waste generated. Around 60.8% of the waste is recycled from these countries and they are dumped in the incineration and landfill sectors. This increases the demand for waste recycling and waste equipment. Moreover, there is an increased number of industries around the globe and technological advancements in recycling facilities.
The developments in waste management equipment, such as development of the automated recycling and processing equipment, also benefit the market because they make the process more efficient.
Waste management equipment have been facilitated by advanced technologies include automated sorting systems that use technologies to separate different types of waste through a feature of artificial intelligence and machine learning by which the equipment identifies and separates different types of waste accurately. This different waste separation is free of contamination reducing the disorientation of recyclable materials and improving the recycling process. Another innovation that has risen from the use of advanced technologies in waste management equipment is efficient machinery for processing. This machinery includes the effective use of shredders, compactors and incinerators to reduce the waste volume, hence allowable waste handling.
All these factors may be considered to be the obligation of improving waste management and treatment, as well as making these processes more efficient and less costly. Nevertheless, the solutions are technologically advanced, meaning that the costs of employing staff to operate waste management facilities will be decreased, not increased. Furthermore, this approach will become significantly cost-saving and profitable for waste management companies, as by improving the quality and types of sorting and regular processes with the help of new means of technology, they will be able to decrease the costs of its operations, as mentioned.
RESTRAIN
Developing countries often lack proper waste collection and processing infrastructure, hindering the adoption of advanced equipment.
A waste-inefficient infrastructure is one of the main obstacles to the successful implementation of advanced waste management equipment in many developing countries. On the one hand, these countries lack appropriate waste collection and processing facilities. On the other hand, such countries are characterized by the poor availability of financial, human, and legislative resources. As a result, solid waste collection and disposal are usually very ineffective. In many undeveloped areas waste is not collected altogether and it is not an unusual occurrence to find open-air dumps which contaminate drinking water sources and the grounds near them. In the majority of the cases, the required infrastructure, such as a landfill or an appropriate waste processing plant, has to be put in place before the advanced equipment can be imported. However, these countries are more focused on solving the existing issues with waste which pose threat to the public health rather on the arrangement of advanced long-term engineering methods. This, however, leads to the development of a vicious circle the absence of infrastructure doesn’t allow for the implementation of advanced equipment, while the unsophisticated equipment does not contribute to the efficiency of waste management.
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
The hazardous waste segment primarily generated by the pharmaceuticals, chemicals, and medical industries is expected to hold the highest market share approx. 56% in 2023. This category of waste with high capacities of risks, which can have a negative impact to public health as well as the environment. Some types of such waste include toxic, reactive or sometimes infectious waste.
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By Application
Industrial Waste
Municipal Waste
Others
The industrial waste segment dominates the market and is expected to exhibit a significant growth of approx. 45% in 2023, during the forecast period. This is due to the increasing waste generation from the construction, oil & gas waste, and manufacturing sectors.
The municipal waste segment is expected to register moderate growth. This is due to rising public awareness regarding sustainable waste management techniques, which creates the demand for more waste equipment for handling and disposing of waste generated from municipal sectors.
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 the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSES
North America currently dominating with 34.48% share in 2023, during the forecast period owing to the presence of several key players in the region along with good product offerings. Additionally, huge amount of waste generated in the U.S., Canada and Mexico create demand for waste equipment to manage waste properly.
In 2023, the fastest growing is going to be the Asia Pacific, because countries like Japan, India and China, have more production of garbage. In every year India produces more than 60 million tonnes of garbage.
Some of the major players in the waste management equipment 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.
RECENT DEVELOPMENT
In May 2023: Wastequip announced the all-new Compactor Service Solutions from its Wastequip WRX service division. These solutions are the industry’s first end-to-end service offering, providing waste management compactor customers a hub for quickly scheduling preventative maintenance, installation, repair, or service from Wastequip WRX’s robust network of technicians.
| Report Attributes | Details |
| Market Size in 2023 | US$ 17.98 Bn |
| Market Size by 2032 | US$ 26.49 Bn |
| CAGR | CAGR of 4.4% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| 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 |
• Rising Levels of Municipal Waste and Growing Demand for Effective Disposal Methods to Propel Market Growth. • The developments in waste management equipment, such as development of the automated recycling and processing equipment, also benefit the market because they make the process more efficient. |
| Market Restraints | • Developing countries often lack proper waste collection and processing infrastructure, hindering the adoption of advanced equipment. |
Ans: North America is the dominating region in the Waste Management Equipment Market.
Ans: Rising Levels of Municipal Waste and Growing Demand for Effective Disposal Methods to Propel Market Growth.
Ans: Industrial Waste is the dominating segment by application in the Waste Management Equipment Market.
Ans: Waste Management Equipment Market size was USD 17.98 billion in 2023 and is expected to Reach USD 26.49 billion by 2032.
Ans: The Waste Management Equipment Market is expected to grow at a CAGR of 4.4%
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Waste Management Equipment Market Segmentation, By Product Type
7.1 Introduction
7.2 Waste Disposal Equipment
7.2.1 Dumpsters
7.2.2 Compactors
7.2.3 Trucks
7.2.4 Others (Drum Crushers and Others)
7.3 Waste Recycling & Sorting Equipment
7.3.1 Conveyors
7.3.2 Screeners
7.3.3 Shredder
7.3.4 Others
8. Waste Management Equipment Market Segmentation, By Waste Type
8.1 Introduction
8.2 Hazardous
8.3 Non-hazardous
9. Waste Management Equipment Market Segmentation, By Application
9.1 Introduction
9.2 Industrial Waste
9.3 Municipal Waste
9.4 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 Trend Analysis
10.2.2 North America Waste Management Equipment Market, By Country
10.2.3 North America Waste Management Equipment Market, By Product Type
10.2.4 North America Waste Management Equipment Market, By Waste Type
10.2.5 North America Waste Management Equipment Market, By Application
10.2.6 USA
10.2.6.1 USA Waste Management Equipment Market, By Product Type
10.2.6.2 USA Waste Management Equipment Market, By Waste Type
10.2.6.3 USA Waste Management Equipment Market, By Application
10.2.7 Canada
10.2.7.1 Canada Waste Management Equipment Market, By Product Type
10.2.7.2 Canada Waste Management Equipment Market, By Waste Type
10.2.7.3 Canada Waste Management Equipment Market, By Application
10.2.8 Mexico
10.2.8.1 Mexico Waste Management Equipment Market, By Product Type
10.2.8.2 Mexico Waste Management Equipment Market, By Waste Type
10.2.8.3 Mexico Waste Management Equipment Market, By Application
10.3 Europe
10.3.1 Trend Analysis
10.3.2 Eastern Europe
10.3.2.1 Eastern Europe Waste Management Equipment Market, By Country
10.3.2.2 Eastern Europe Waste Management Equipment Market, By Product Type
10.3.2.3 Eastern Europe Waste Management Equipment Market, By Waste Type
10.3.2.4 Eastern Europe Waste Management Equipment Market, By Application
10.3.2.5 Poland
10.3.2.5.1 Poland Waste Management Equipment Market, By Product Type
10.3.2.5.2 Poland Waste Management Equipment Market, By Waste Type
10.3.2.5.3 Poland Waste Management Equipment Market, By Application
10.3.2.6 Romania
10.3.2.6.1 Romania Waste Management Equipment Market, By Product Type
10.3.2.6.2 Romania Waste Management Equipment Market, By Waste Type
10.3.2.6.4 Romania Waste Management Equipment Market, By Application
10.3.2.7 Hungary
10.3.2.7.1 Hungary Waste Management Equipment Market, By Product Type
10.3.2.7.2 Hungary Waste Management Equipment Market, By Waste Type
10.3.2.7.3 Hungary Waste Management Equipment Market, By Application
10.3.2.8 Turkey
10.3.2.8.1 Turkey Waste Management Equipment Market, By Product Type
10.3.2.8.2 Turkey Waste Management Equipment Market, By Waste Type
10.3.2.8.3 Turkey Waste Management Equipment Market, By Application
10.3.2.9 Rest of Eastern Europe
10.3.2.9.1 Rest of Eastern Europe Waste Management Equipment Market, By Product Type
10.3.2.9.2 Rest of Eastern Europe Waste Management Equipment Market, By Waste Type
10.3.2.9.3 Rest of Eastern Europe Waste Management Equipment Market, By Application
10.3.3 Western Europe
10.3.3.1 Western Europe Waste Management Equipment Market, By Country
10.3.3.2 Western Europe Waste Management Equipment Market, By Product Type
10.3.3.3 Western Europe Waste Management Equipment Market, By Waste Type
10.3.3.4 Western Europe Waste Management Equipment Market, By Application
10.3.3.5 Germany
10.3.3.5.1 Germany Waste Management Equipment Market, By Product Type
10.3.3.5.2 Germany Waste Management Equipment Market, By Waste Type
10.3.3.5.3 Germany Waste Management Equipment Market, By Application
10.3.3.6 France
10.3.3.6.1 France Waste Management Equipment Market, By Product Type
10.3.3.6.2 France Waste Management Equipment Market, By Waste Type
10.3.3.6.3 France Waste Management Equipment Market, By Application
10.3.3.7 UK
10.3.3.7.1 UK Waste Management Equipment Market, By Product Type
10.3.3.7.2 UK Waste Management Equipment Market, By Waste Type
10.3.3.7.3 UK Waste Management Equipment Market, By Application
10.3.3.8 Italy
10.3.3.8.1 Italy Waste Management Equipment Market, By Product Type
10.3.3.8.2 Italy Waste Management Equipment Market, By Waste Type
10.3.3.8.3 Italy Waste Management Equipment Market, By Application
10.3.3.9 Spain
10.3.3.9.1 Spain Waste Management Equipment Market, By Product Type
10.3.3.9.2 Spain Waste Management Equipment Market, By Waste Type
10.3.3.9.3 Spain Waste Management Equipment Market, By Application
10.3.3.10 Netherlands
10.3.3.10.1 Netherlands Waste Management Equipment Market, By Product Type
10.3.3.10.2 Netherlands Waste Management Equipment Market, By Waste Type
10.3.3.10.3 Netherlands Waste Management Equipment Market, By Application
10.3.3.11 Switzerland
10.3.3.11.1 Switzerland Waste Management Equipment Market, By Product Type
10.3.3.11.2 Switzerland Waste Management Equipment Market, By Waste Type
10.3.3.11.3 Switzerland Waste Management Equipment Market, By Application
10.3.3.12 Austria
10.3.3.12.1 Austria Waste Management Equipment Market, By Product Type
10.3.3.12.2 Austria Waste Management Equipment Market, By Waste Type
10.3.3.12.3 Austria Waste Management Equipment Market, By Application
10.3.3.13 Rest of Western Europe
10.3.3.13.1 Rest of Western Europe Waste Management Equipment Market, By Product Type
10.3.3.13.2 Rest of Western Europe Waste Management Equipment Market, By Waste Type
10.3.3.13.3 Rest of Western Europe Waste Management Equipment Market, By Application
10.4 Asia-Pacific
10.4.1 Trend Analysis
10.4.2 Asia-Pacific Waste Management Equipment Market, By Country
10.4.3 Asia-Pacific Waste Management Equipment Market, By Product Type
10.4.4 Asia-Pacific Waste Management Equipment Market, By Waste Type
10.4.5 Asia-Pacific Waste Management Equipment Market, By Application
10.4.6 China
10.4.6.1 China Waste Management Equipment Market, By Product Type
10.4.6.2 China Waste Management Equipment Market, By Waste Type
10.4.6.3 China Waste Management Equipment Market, By Application
10.4.7 India
10.4.7.1 India Waste Management Equipment Market, By Product Type
10.4.7.2 India Waste Management Equipment Market, By Waste Type
10.4.7.3 India Waste Management Equipment Market, By Application
10.4.8 Japan
10.4.8.1 Japan Waste Management Equipment Market, By Product Type
10.4.8.2 Japan Waste Management Equipment Market, By Waste Type
10.4.8.3 Japan Waste Management Equipment Market, By Application
10.4.9 South Korea
10.4.9.1 South Korea Waste Management Equipment Market, By Product Type
10.4.9.2 South Korea Waste Management Equipment Market, By Waste Type
10.4.9.3 South Korea Waste Management Equipment Market, By Application
10.4.10 Vietnam
10.4.10.1 Vietnam Waste Management Equipment Market, By Product Type
10.4.10.2 Vietnam Waste Management Equipment Market, By Waste Type
10.4.10.3 Vietnam Waste Management Equipment Market, By Application
10.4.11 Singapore
10.4.11.1 Singapore Waste Management Equipment Market, By Product Type
10.4.11.2 Singapore Waste Management Equipment Market, By Waste Type
10.4.11.3 Singapore Waste Management Equipment Market, By Application
10.4.12 Australia
10.4.12.1 Australia Waste Management Equipment Market, By Product Type
10.4.12.2 Australia Waste Management Equipment Market, By Waste Type
10.4.12.3 Australia Waste Management Equipment Market, By Application
10.4.13 Rest of Asia-Pacific
10.4.13.1 Rest of Asia-Pacific Waste Management Equipment Market, By Product Type
10.4.13.2 Rest of Asia-Pacific Waste Management Equipment Market, By Waste Type
10.4.13.3 Rest of Asia-Pacific Waste Management Equipment Market, By Application
10.5 Middle East & Africa
10.5.1 Trend Analysis
10.5.2 Middle East
10.5.2.1 Middle East Waste Management Equipment Market, By Country
10.5.2.2 Middle East Waste Management Equipment Market, By Product Type
10.5.2.3 Middle East Waste Management Equipment Market, By Waste Type
10.5.2.4 Middle East Waste Management Equipment Market, By Application
10.5.2.5 UAE
10.5.2.5.1 UAE Waste Management Equipment Market, By Product Type
10.5.2.5.2 UAE Waste Management Equipment Market, By Waste Type
10.5.2.5.3 UAE Waste Management Equipment Market, By Application
10.5.2.6 Egypt
10.5.2.6.1 Egypt Waste Management Equipment Market, By Product Type
10.5.2.6.2 Egypt Waste Management Equipment Market, By Waste Type
10.5.2.6.3 Egypt Waste Management Equipment Market, By Application
10.5.2.7 Saudi Arabia
10.5.2.7.1 Saudi Arabia Waste Management Equipment Market, By Product Type
10.5.2.7.2 Saudi Arabia Waste Management Equipment Market, By Waste Type
10.5.2.7.3 Saudi Arabia Waste Management Equipment Market, By Application
10.5.2.8 Qatar
10.5.2.8.1 Qatar Waste Management Equipment Market, By Product Type
10.5.2.8.2 Qatar Waste Management Equipment Market, By Waste Type
10.5.2.8.3 Qatar Waste Management Equipment Market, By Application
10.5.2.9 Rest of Middle East
10.5.2.9.1 Rest of Middle East Waste Management Equipment Market, By Product Type
10.5.2.9.2 Rest of Middle East Waste Management Equipment Market, By Waste Type
10.5.2.9.3 Rest of Middle East Waste Management Equipment Market, By Application
10.5.3 Africa
10.5.3.1 Africa Waste Management Equipment Market, By Country
10.5.3.2 Africa Waste Management Equipment Market, By Product Type
10.5.3.3 Africa Waste Management Equipment Market, By Waste Type
10.5.3.4 Africa Waste Management Equipment Market, By Application
10.5.3.5 Nigeria
10.5.3.5.1 Nigeria Waste Management Equipment Market, By Product Type
10.5.3.5.2 Nigeria Waste Management Equipment Market, By Waste Type
10.5.3.5.3 Nigeria Waste Management Equipment Market, By Application
10.5.3.6 South Africa
10.5.3.6.1 South Africa Waste Management Equipment Market, By Product Type
10.5.3.6.2 South Africa Waste Management Equipment Market, By Waste Type
10.5.3.6.3 South Africa Waste Management Equipment Market, By Application
10.5.3.7 Rest of Africa
10.5.3.7.1 Rest of Africa Waste Management Equipment Market, By Product Type
10.5.3.7.2 Rest of Africa Waste Management Equipment Market, By Waste Type
10.5.3.7.3 Rest of Africa Waste Management Equipment Market, By Application
10.6 Latin America
10.6.1 Trend Analysis
10.6.2 Latin America Waste Management Equipment Market, By Country
10.6.3 Latin America Waste Management Equipment Market, By Product Type
10.6.4 Latin America Waste Management Equipment Market, By Waste Type
10.6.5 Latin America Waste Management Equipment Market, By Application
10.6.6 Brazil
10.6.6.1 Brazil Waste Management Equipment Market, By Product Type
10.6.6.2 Brazil Waste Management Equipment Market, By Waste Type
10.6.6.3 Brazil Waste Management Equipment Market, By Application
10.6.7 Argentina
10.6.7.1 Argentina Waste Management Equipment Market, By Product Type
10.6.7.2 Argentina Waste Management Equipment Market, By Waste Type
10.6.7.3 Argentina Waste Management Equipment Market, By Application
10.6.8 Colombia
10.6.8.1 Colombia Waste Management Equipment Market, By Product Type
10.6.8.2 Colombia Waste Management Equipment Market, By Waste Type
10.6.8.3 Colombia Waste Management Equipment Market, By Application
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Waste Management Equipment Market, By Product Type
10.6.9.2 Rest of Latin America Waste Management Equipment Market, By Waste Type
10.6.9.3 Rest of Latin America Waste Management Equipment Market, By Application
11. Company Profiles
11.1 Dover Corporation
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 The SNS View
11.2 Morita Holdings Corporation
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 The SNS View
11.3 Wast equip LLC
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 The SNS View
11.4 Oshkosh Corporation
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 The SNS View
11.5 Sierra International Machinery LLC,
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 The SNS View
11.6 JCB
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 The SNS View
11.7 Kirch off Group
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 The SNS View
11.8 Waste Connections
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 The SNS View
11.9 Enerpat Group UK Ltd.
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 The SNS View
11.10 Caterpillar Inc.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. Use Case and Best Practices
14. Conclusion
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