Brazil Recycling Equipment Market Size & Outlook
Brazil recycling equipment market, 2018-2030 (US$M)
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Brazil recycling equipment market highlights
- The Brazil recycling equipment market generated a revenue of USD 537.1 million in 2023 and is expected to reach USD 805.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6% 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 537.1 million |
| Market revenue in 2030 | USD 805.8 million |
| Growth rate | 6% (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, Brazil accounted for 1.9% 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 |
|---|
Brazil 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 25.28% in 2023. Horizon Databook has segmented the Brazil 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.
Rising number of COVID-19 cases in the country and the government's unwillingness to impose lockdown become major hindrances to the economic revival of Brazil. The COVID-19 pandemic hit the country at a time when it was recovering from the 2016 recession.
To stimulate growth, the government provided a stimulus of USD 156.8 billion for social assistance. According to the IMF estimates, the GDP of Brazil contracted by 4.1% in 2020. As per OECD estimates, Brazil’s GDP is expected to grow by 3.7% in 2021 and 2.5% in 2022.
Brazil is one of the major developing countries in Central & South America. Major industries contributing to the country’s economic growth include automobile, oil & gas, agriculture, iron & steel, and machinery & equipment.
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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 Brazil recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Brazil recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil recycling equipment market size, by equipment, 2018-2030 (US$M)
Brazil Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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