Italy Recycling Equipment Market Size & Outlook, 2023-2030
Italy recycling equipment market, 2018-2030 (US$M)
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Italy recycling equipment market highlights
- The Italy recycling equipment market generated a revenue of USD 1,272.2 million in 2023 and is expected to reach USD 1,798.7 million by 2030.
- The Italy 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 1,272.2 million |
| Market revenue in 2030 | USD 1,798.7 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, Italy accounted for 4.5% 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 Europe, Germany recycling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,315.6 million by 2030.
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 25.21% in 2023. Horizon Databook has segmented the Italy 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.
According to the World Bank, the country’s GDP stood at USD 2 trillion in 2019. However, the country’s economic growth has taken a severe toll due to the outbreak of COVID-19. According to an economic forecast published by the IMF in October 2021, the country’s GDP declined by 8.9% in 2020 and is likely to expand by 5.8% in 2021 and 4.2% in 2022.
Italy suffered a heavy blow during the pandemic but was able to recover due to the effective implementation of the vaccine program. In April 2020, the government of Italy established an ambitious plan for reform with approximately USD 234.5 billion of EU funds.
Of these, around 50% are earmarked for construction projects, which is expected to result in the generation of waste. This, in turn, is likely to positively affect the growth of the recycling equipment market over the forecast period.
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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 Italy recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Italy recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy recycling equipment market size, by equipment, 2018-2030 (US$M)
Italy Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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