According to XYZResearch's analysis,global Reverse Vending Machine Market will reach 377.74 Million USD by the end of 2022 with a CAGR of 10.89%
The global Reverse Vending Machine market is valued at 314.46 Million USD in 2017 and will reach 527.18 Million USD by the end of 2022, growing at a CAGR of 10.89% during 2017-2022.
A reverse vending machine is a device that accepts used (empty) beverage containers and returns money to the user. The machines are popular in places that have mandatory recycling laws or container deposit legislation. In some places, bottlers paid funds into a centralized pool to be disbursed to people who recycled the containers. Any excess funds were to be used for general environmental cleanup.
Reverse Vending Machine can be divided into three categories: non-refillable type, refillable type and multifunction type. Non-Refillable type accounted for the highest proportion, with a figure of 71.48% in 2017, followed by refillable type with a figure of 21.16% in the production market share.
The consumption market share of global Reverse Vending Machine in supermarkets. Communities and utilities have been stable year by year, at 58.05%, 15.73% and 26.22% respectively in 2017, and for several consecutive years, the amplitude was within 2 percent. This indicates that the segment of the Reverse Vending Machine in the global market tends to be fixed without great changes. Among them, the Reverse Vending Machine market has the most promising sales prospects in supermarkets.
XYZ research center data shows that Europe is the biggest contributor to the Reverse Vending Machine revenue market, accounted for 83.14% of the total global market with a revenue of 261.43 million USD in 2017, followed by Asia Pacific, 10.41% with a revenue of 32.72 million USD.
Tomra is the largest company in the global Reverse Vending Machine market, accounted for 64.08/% of the revenue market share in 2017, followed by Diebold Nixdorf and Trautwein, accounted for 7.66% and 6.32% of the revenue market share in 2017. The reverse vending machine market is very concentrated market; the revenue of top five manufacturers accounts above 85% of the total revenue in 2017. The high-end products mainly come from Norway and Germany.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Reverse Vending Machine in these regions, from 2014 to 2026 (forecast), covering
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Reverse Vending Machine market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
TRautwein SB Technik
RVM Systems AS
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Reverse Vending Machine for each application, including
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