Latin America Recycling Equipment Market Size & Outlook
Latin America recycling equipment market, 2018-2030 (US$M)
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Latin America recycling equipment market highlights
- The Latin America recycling equipment market generated a revenue of USD 1,361.1 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,361.1 million |
| Market revenue in 2030 | USD 1,865.8 million |
| Growth rate | 4.6% (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, Latin America region accounted for 4.8% 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 |
|---|
Latin America 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 24.78% in 2023. Horizon Databook has segmented the Latin America 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.
Central & South America is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. Most Central & South American countries with large current account deficits, including Brazil, Colombia, Argentina, and Venezuela, are reeling from the volatility in the regional market brought about by the BREXIT crisis.
The fall in investor confidence is expected to prevent oil prices from recovering and this is anticipated to affect the overall exports and fiscal revenue in oil-producing economies such as Ecuador, Colombia, and Venezuela.
However, the implementation of monetary policy normalization efforts by the governments of various countries in the region to align domestic inflation is expected to save the regional economy from complete deterioration.
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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 continent-level data and insights on the Latin America recycling equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America recycling equipment market size, by country, 2018-2030 (US$M)
Latin America Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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