Europe Recycling Equipment Market Size & Outlook
Europe recycling equipment market, 2018-2030 (US$M)
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Europe recycling equipment market highlights
- The Europe recycling equipment market generated a revenue of USD 8,640.2 million in 2023.
- The market is expected to grow at a CAGR of 5.3% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 8,640.2 million |
| Market revenue in 2030 | USD 12,365.1 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Baler press |
| Fastest growing segment | Separators |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 30.7% of the global recycling equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,953.5 million by 2030.
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 25.04% in 2023. Horizon Databook has segmented the Europe 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.
Europe is characterized by the presence of several major economies such as Germany, the UK, France, Spain, Italy, and Russia. Supportive policies, strong growth in wages, and continuous employment creation are some of the factors contributing to the region's economic growth.
However, the outbreak of the COVID-19 pandemic in several countries across the region is expected to negatively affect its economic growth. According to the International Monetary Fund World Economic Outlook October 2021, the Euro area’s economy declined by 6.3% in 2020 and is expected to increase by 5% in 2021 and 4.3% in 2022.
The EU Recovery Fund, which was announced to combat the economic crisis during the pandemic, is expected to assist many countries in various infrastructure projects. For instance, funding provided under the “Milano Cortina 2026” Winter Olympics scheduled in Italy, is expected to spur construction activities, which is one of the major contributors to metal waste.
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Our clientele includes a mix of recycling equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe recycling equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe recycling equipment market size, by country, 2018-2030 (US$M)
Europe Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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