Global Recycling Equipment & Machinery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Machine;

Baler Presses, Shredders, Shears, Granulators, Agglomerators and Extruders.

By Material;

Plastic, Ferrous & Non-Ferrous, Wood Paper & Cardboard and Rubber.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn424045811 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Recycling Equipment & Machinery Market (USD Million), 2021 - 2031

In the year 2024, the Global Recycling Equipment & Machinery Market was valued at USD 930.94 million. The size of this market is expected to increase to USD 1,345.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The global recycling equipment and machinery market has been witnessing significant growth, driven by increasing awareness of environmental sustainability and the need for efficient waste management solutions. As industries and governments worldwide strive to minimize waste and reduce their carbon footprint, the demand for advanced recycling equipment and machinery has surged. This market encompasses a wide range of technologies and machinery, including shredders, crushers, balers, granulators, and sorting systems, which are essential for processing various materials such as metals, plastics, glass, and paper.

Key factors contributing to the growth of this market include stringent government regulations regarding waste disposal and recycling, advancements in recycling technology, and rising consumer preference for eco-friendly products. The implementation of circular economy models, which emphasize recycling and reusing materials to reduce waste, has further propelled the demand for recycling equipment. Additionally, growing urbanization and industrialization, particularly in emerging economies, have led to an increase in waste generation, thereby necessitating efficient recycling solutions.

Regionally, the market is witnessing robust growth in North America, Europe, and Asia-Pacific, with significant contributions from countries such as the United States, Germany, China, and Japan. These regions have established recycling infrastructure and supportive government policies that encourage investment in recycling technologies. Moreover, the market is characterized by the presence of numerous global and regional players, who are constantly innovating and expanding their product portfolios to cater to the diverse needs of end-users across various industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Machine
    2. Market Snapshot, By Material
    3. Market Snapshot, By Region
  4. Global Recycling Equipment & Machinery Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Environmental Regulations
        2. Rising Awareness of Sustainable Practices
        3. Growth in Waste Management Solutions
        4. Technological Advancements in Recycling Machinery
      2. Restraints
        1. High Initial Investment Costs
        2. Technical Challenges in Material Processing
        3. Fluctuating Raw Material Prices
        4. Lack of Standardization and Quality Control
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Innovative Recycling Technologies
        3. Growing Demand for Recycled Products
        4. Government Incentives and Subsidies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Recycling Equipment & Machinery Market, By Machine, 2021 - 2031 (USD Million)
      1. Baler Presses
      2. Shredders
      3. Shears
      4. Granulators
      5. Agglomerators
      6. Extruders
    2. Global Recycling Equipment & Machinery Market, By Material, 2021 - 2031 (USD Million)
      1. Plastic
      2. Ferrous & Non-Ferrous
      3. Wood Paper & Cardboard
      4. Rubber
    3. Global Recycling Equipment & Machinery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SUEZ Recycling and Recovery
      2. Veolia Environmental Services
      3. Waste Management, Inc.
      4. Covanta Holding Corporation
      5. CP Manufacturing Inc.
      6. BHS (Bunting Magnetics Co.)
      7. Metso Outotec
      8. Eddy Current Separators
      9. TOMRA Sorting Solutions
      10. Bollegraaf Recycling Solutions
  7. Analyst Views
  8. Future Outlook of the Market