Mexico Recycling Equipment Market Size & Outlook
Mexico recycling equipment market, 2018-2030 (US$M)
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Mexico recycling equipment market highlights
- The Mexico recycling equipment market generated a revenue of USD 429.7 million in 2023 and is expected to reach USD 602.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.9% 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 429.7 million |
| Market revenue in 2030 | USD 602.2 million |
| Growth rate | 4.9% (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, Mexico accounted for 1.5% 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 North America, U.S. recycling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 602.2 million by 2030.
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 24.71% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico has been a promising destination for the recycling equipment market owing to increasing availability of ferrous and non-ferrous scrap, which can be attributed to the growing manufacturing industry in the country.
Metal scrap is sourced from various end-use industries such as automotive, aerospace, electronics, and construction. Recycling companies in Mexico have been collaborating with equipment manufacturers to ramp up their recycling capabilities. In-house recycling is a growing trend in the country with food & beverage companies.
For instance, Nestlé partnered with recycling companies to build recycling plants for flexible plastic packaging. The aforementioned factors are anticipated to boost the growth of the recycling equipment market in the country.
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Target buyers of Mexico recycling equipment market databook
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Our clientele includes a mix of recycling equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Mexico recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico recycling equipment market size, by equipment, 2018-2030 (US$M)
Mexico Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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