Trash Compactor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

Marketing

A trash compactor is a machine used to reduce the size of the trash by compacting the trash into sizable pieces through compaction. A trash compactor is similar to a baler –wrapper compactor, often used to make compact and wrapped bales to improve logistics. Trash is placed inside the trash compactor which is then crushed with the help of a metal ramp into small and manageable pieces. A trash compactor can be used for residential, commercial, and industrial purposes. A trash compactor is of great help as it reduces the size of the trash, thus helping in reducing the amount of money spent on trash containers. Trash compactors are generally of different types, such as waste compactors, compactors coupled with recycling features, and trash compactors with features of organic processing.

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The global trash compactor market is anticipated to grow at an exponential rate in the near future. Increasing cost of waste disposable is one of the primary factors responsible for the growth of the trash compactor market. Stringent regulatory policies coupled with increased waste disposable charges in developed countries is another factor driving the growth of the trash compactor market. Awareness about increased garbage collection services coupled with introduction of programs such as Pay as you Throw by waste management services across several cities is also anticipated to increase the demand for trash compactors.

Additionally, rising concerns related to limited spaces in landfills coupled with avoidance of burning waste in landfills due to harmful emission of gases is anticipated to increase the demand for trash compactors. Furthermore, induction of trash compactors for residential use is anticipated to drive the growth of the trash compactor market. However, lack of awareness about safe waste disposable systems across regions such as Asia Pacific, Middle East & Africa, and South America is anticipated to be a restraining factor for the growth of the trash compact market.

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The global trash compactor market can be segmented based on product type, end-use application, and region. Based on product type, the global trash compactor market can be segmented into stationary compactor, self-contained compactor, and vertical compactor. Stationary compactors are generally used for dry waste and are perfect for home supply chains, waste haulers, clothing and merchandise chains, apartment buildings, college campuses, government installations, and distribution warehouses etc.

Self-contained compactors are primarily used for wet waste and are ideal for supermarkets, movie theaters, malls, restaurants, food processors, hospitals, and retail supercenters that process wet waste. Vertical compactors are used to treat plastic P.E.T. bottles, baling of cardboard, aluminum cans, and siding. Based on end-use application, the trash compactor market can be segmented into residential, commercial, and industrial usage. Commercial application of trash compactors is in supermarkets & hypermarkets, restaurants, malls etc. Industrial usage includes compactors in the construction industry, manufacturing industry etc. By region, global trash compactor market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America.