Argentina Recycling Equipment Market Size & Outlook
Argentina recycling equipment market, 2018-2030 (US$M)
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Argentina recycling equipment market highlights
- The Argentina recycling equipment market generated a revenue of USD 209.6 million in 2023 and is expected to reach USD 297.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, baler press was the largest revenue generating equipment in 2023.
- Separators is the most lucrative equipment segment registering the fastest growth during the forecast period.
Recycling equipment market data book summary
| Market revenue in 2023 | USD 209.6 million |
| Market revenue in 2030 | USD 297.1 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Baler press |
| Fastest growing segment | Separators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders, Other Equipment |
| Key market players worldwide | Canadian Pacific Kansas City Ltd, American Baler Company, Marathon Digital Holdings Inc, Danieli & C. Officine Meccaniche SpA ADR, Metso Corp, Sunny Optical Technology (Group) Co Ltd ADR, Recycling Equipment Manufacturing, General Kinematics, Eldan Recycling, ForRec Srl, BHS-Sonthofen, LEFORT |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global recycling equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil recycling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 805.8 million by 2030.
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina recycling equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycling equipment market will help companies and investors design strategic landscapes.
Baler press was the largest segment with a revenue share of 24.38% in 2023. Horizon Databook has segmented the Argentina recycling equipment market based on baler press, shredders, granulators, agglomerators, shears, separators, extruders, other equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina was already in economic turmoil before the COVID-19 pandemic. The uncertainty pertaining to the restructuring of public debt was high, whereas the economy was already in recession. According to the IMF, the economy contracted by 2.2% in 2019.
The country reported a GDP contraction of 9.9% in 2020 due to the COVID-19 pandemic, as per the data provided by the World Bank. According to OECD estimates, Argentina is expected to grow at 6.1% in 2021 and 1.8% in 2022.
Economic aid and standby loans from the IMF and the restructuring of debt are expected to improve the economic profile of the country in the coming years. Argentina is the second-largest economy in Central & South America, after Brazil. Major contributors to the country's GDP include agriculture, construction, automotive, and mining industries.
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Our clientele includes a mix of recycling equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina recycling equipment market size, by equipment, 2018-2030 (US$M)
Argentina Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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