Material Handling Equipment For Recycling Business Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[189+ Pages Report] According to the report published by Facts Factors, the global material handling equipment for recycling business market size was worth around USD 2,800 million in 2019 and is predicted to grow to around USD 4,800 million by 2026 with a compound annual growth rate (CAGR) of roughly 8.7% between 2020 and 2026. The report analyzes the global material handling equipment for recycling business market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the material handling equipment for recycling business market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the material handling equipment for recycling business industry. The report analyzes and declares the historical and current trends analysis of the material handling equipment for recycling business industry and subsequently recommends the projected trends anticipated to be observed in the material handling equipment for recycling business market during the upcoming years.

The material handling equipment for recycling business market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire material handling equipment for recycling business market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Unit), and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• According to the primary CXO’s of the global material handling equipment for recycling business market, the market is estimated to witness a substantial growth of nearly 8.7% over the forecast period.
• The market was valued at USD 2,800 million, in 2019 and is expected to be valued over USD 4,800 million.
• On the basis of the product segment, the forklift category held the market with a share of more than 30% in 2019 owing to the use of forklifts in many industries.
• On the basis of application analysis, the metal recycling category led the market in 2019. It was accounted for a share of above 40% of the global market.
• By geography, North America dominated the market in 2019, and it is expected to grow over forecast period attributed to adoption of the new technologies in this region.

Key Recommendations from Analysts

• Our analysts recommend that the telehandelrs is the largest growing segment over the forecast period owing to its wide use in the agricultural and industrial sectors.
• Due to the increasing number of industries in the emerging countries of Asia Pacific region such as China, India, Japan, etc. the Asia Pacific region is expected to boost the market during the forthcoming years.
• The wheel loader category is projected to grow in the future years attributed to its large capacity and use in the construction sector.
• Due to robust growth in the use of paper as packaging material , the paper recycling application is estimated to enhance the market growth during the period 2020-2026.
• Growing awareness about the environmental concerns coupled with the increasing consumption of product is expected to open new opportunities in the market during the forthcoming years.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the material handling equipment for recycling business industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the material handling equipment for recycling business industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the material handling equipment for recycling business market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the material handling equipment for recycling business industry. The material handling equipment for recycling business market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the material handling equipment for recycling business sector. Key strategic developments in the material handling equipment for recycling business market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the material handling equipment for recycling business market are appropriately highlighted in the report.

The material handling equipment for recycling business market research report delivers an acute valuation and taxonomy of the material handling equipment for recycling business industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the material handling equipment for recycling business industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the material handling equipment for recycling business industry is provided for the leading economies of the world.

The material handling equipment is widely used in manufacturing industry, warehouses, for the consumption, distribution and controlling of the material. It is also used for recycling process to minimize the environmental impact, to make the work place safe and to improve the production economics. The material handling equipment includes automated and semi-automated machines. It also includes manual machines. The material handling process is used for the sorting and protection of material in warehousing, manufacturing, consumption distribution, and disposable process.

The increasing number of manufacturing industries is results into the production of more waste material. Material handling equipment provides efficiency while handling, managing and transportation of goods. These factors may drive the market growth. Moreover, major manufacturers are adopting new technologies in the material handling equipment such as robotic solution for automation may drive the market growth. However, initial high cost of the material handling equipment may hinder the growth of the market. On the other hand, growing awareness for the environmental impact of hazardous material may produce lucrative opportunities in the market over the forecast period.

The material handling equipment for recycling business market is segmented based on product type and application. On the basis of product type segmentation, the market is classified into Telehandlers, Wheel Loaders, Material Handlers, Forklifts, Articulated Loaders, Skid Steer, and Others. And on the basis of application, the market is bifurcated into Metal Recycling Application, Plastic Recycling Application, Paper Recycling Application, and Others.

Report Scope

Some of the leading players in the global market include

• Toyota
• Hyster-Yale
• MERLO
• DIECI
• Linde
• JCB
• AGNI
• JUNGHENRICH
• Liebherr
• Manitou
• Terex
• Konecranes
• Haulotte
• Doosan Corporation Industrial Vehicle
• CAT
• Case

The taxonomy of the material handling equipment for recycling business industry by its scope and segmentation is as follows:

By Product Type Segmentation Analysis

• Telehandlers
• Wheel Loaders
• Material Handlers
• Forklifts
• Articulated Loaders
• Skid Steer
• Others

By Application Segmentation Analysis

• Metal Recycling Application
• Plastic Recycling Application
• Paper Recycling Application
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa