Compactors Market Information Report by Type (Landfill Compactors, Trash Compactors, Vibratory Plate Compactors and others), By End User (Residential, Commercial, Industrial and others) and By Region - Global Forecast to 2030

Compactors Market Overview

The compactors market is expected to gain a market value of USD 3,645.40 Million by 2030 at a CAGR of 4.30% over the forecast period of 2022-2030.

A method or device that reduces the size of materials is called a compactor. To turn raw materials into powder, a variety of industries use compactors. Sheets, flakes, and panels of materials, including stone, wood, cement, plastic, and others, are the most typical raw material forms compacted in a compactor.

COVID-19 Analysis

The COVID-19 pandemic has had an impact on markets for compactors all around the world. The production and service sectors have both been impacted by the nationwide lockdowns. Market participants are now required to permit employees to work remotely due to the limits put in place by the government. However, fewer human contacts resulting from the use of automated technology in production facilities helped the market for compactors expand globally. With improved productivity growth, the utilization of automated equipment and cutting-edge technologies has enabled business continuity during the pandemic.

Competitive landscape

The world's leading compactor manufacturers are substantially investing in new technology, innovative product development, and online product promotion. Furthermore, firms are focusing on strategic acquisitions and alliances to effectively expand plant operations in unexplored markets. Companies actively follow global trends in the biogas sector in order to build a presence in the new compactor industry.

Major Key Players

•         Terra Compactor Wheel Corporation (U.S.)


•         Caterpillar Inc., (U.S.)


•         BOMAG GmbH (Germany)


•         Marcel Equipment Limited (Canada)


•         HJ Industries (U.S)


•         Humdinger Equipment Ltd. (U.S)


•         G.G. Compactors Limited. (the U.K.)


•         Hamm AG (Germany)


•         Sakai America, (U.S.)


•         MBW Incorporated (U.S)

Market Dynamic

•         Drivers

The worldwide compactors market is being driven by high demand in end-use industries and the availability of a varied product range. Compactors are employed in a variety of sectors such as pharmaceuticals, automobiles, chemicals, and paints. Furthermore, compactors are favored in trash management by hotels, restaurants, and municipalities.

Compactors are used by municipalities to compress landfill trash at a cheap cost. Furthermore, the technology enables waste processing companies to recycle at a higher rate. The growing relevance of food waste management in industrial waste management is expected to drive demand for compactor market growth over the forecast period.

•         Opportunities

The key opportunity in the worldwide market is the rising demand for portable compactors in residential trash management. Rising environmental consciousness among the millennial generation is influencing the home composting movement and, as a result, fuelling demand for waste compactors. In addition, small-scale biogas production units are increasingly being built in residential flats in order to recycle kitchen trash.

The hotel industry's increased emphasis on trash management and recycling is expected to drive demand for compactors over the projected period. Hospitals, restaurants, hotels, and airports are important commercial end-users. Commercial trash compactors are generally intended for the disposal of ordinary black bag garbage, wet food waste, broken pallets, plastic wrapping, cardboards, disposable plates and cups, and plastic water bottles.

•         Restraints

Compactors have a few limitations that might impact demand for the item. Unsanitary conditions might result from poor management of reuse destinations. Toxin traces in abandoned dumpsters may saturate subterranean water sources or poison the air. Methane gas created during reuse, if allowed to escape, can contribute to global warming and ozone depletion. These factors are anticipated to limit the growth of the compactors market during the forecast period.

•         Challenges

The high cost of producing compactors may be considered a major challenge for the key players of the market and ultimately creates hurdles in the expansion of the global compactor market.

Cumulative Growth Analysis

Large volumes of industrial hazardous waste and biological waste have been introduced to the waste stream as a result of industrial diversification and the growth of health care facilities, with potentially serious environmental and human health consequences. Some waste items can be recycled, while others must be disposed of in landfills. Compactors play an important part in the collecting of hay from fields in the agricultural industry. Compactors for agricultural use are also known as balers, and they aid in the gathering and compression of hay and bundles for simple transport and storage.

There are several advantages to utilizing a compactor, which will aid in the growth of the compactor industry. Compactors reduce the size of waste material, reducing its volume and making it easier to transport and store. Compactors help to save space by allowing more trash to be deposited without taking up more room. The reduction in volume benefits the environment by preventing the discharge of hazardous gases and chemicals. Proper garbage disposal helps to reduce environmental pollution and protects land and water from pollutants.

Value Chain Analysis

According to the reports, The worldwide compactors market has been divided into two segments: type and end-user. The worldwide compactors market has been divided into four types: landfill compactors, garbage compactors, vibratory compactors, and others. The worldwide compactors market has been divided by end-user into residential, commercial, industrial, and others.

Segmentation Overview

The market is segmented on the basis of type, end-user, and region. The global compactors market trends are expected to witness decent growth during the forecast period.

By Application

Based on the application, the market is segmented into landfill compactors, garbage compactors, vibratory compactors, and others.

By end-users

Based on the propulsion types, the market is segmented into residential, commercial, industrial, and others.

Regional Analysis

According to ot the reports, The worldwide compactors market is divided into four regions: South America (SA), North America (NA), Europe (EU), the Middle East and Africa (MEA), and Asia Pacific (APAC). The country-level segmentation of the North American market contains forecasts and analyses for the United States, Canada, and the Rest of North America. The compactors market in the United Kingdom, Germany, France, and the rest of Europe is covered in the country-level analysis and forecast of the European market. The Asia Pacific market research and forecast include key nations in the area such as India, China, Japan, and the Rest of Asia Pacific. GCC nations, South Africa, and the rest of the Middle East & Africa are included in the Middle East & Africa country-level analysis and forecast for the compactors market share. The compactors market in South America is divided into two segments: Brazil and the rest of South America.

Strong demand for compactors in the Asia Pacific market is expected to be driven by strong demand in the industrial sector and ongoing awareness about residential trash management. In addition, a well-developed hotel sector in Singapore, Thailand, Malaysia, and India is projected to boost market penetration in the future years. Governments in rapidly industrializing nations such as India, China, and Japan are stepping up attempts to control industrial waste management. As a result, compactor manufacturers would have attractive possibilities over the projection period.

Report Overview

The following report comprises of –

•         Market overview 


•         Covid 19 Analysis


•         Market Dynamic


•         Drivers


•         Opportunities


•         Restraints 


•         Challenges


•         Cumulative Growth Analysis


•         Value Chain Analysis


•         Segmentation Overview 


•         By Application 


•         By End-Users


•         Regional Analysis


•         Competitive landscape

Recent developments

• In August 2021, Wacker Neuson announced the launch of their new electric compactors.


• In July 2021, Caterpillar announced the launch of their expanded 84-in (2134 mm) Cat GC Series, a new addition to the single drum vibratory soil compactor range.


• In March 2021, WIRTGEN INDIA Pvt. Ltd., announced the launch of Hamm HD 99i and HD 109i Tandem Rollers in India.

Global Compactors Market, by Type

• Stationery


• Portable

Global Compactors Market, by Application

•         Industrial


•         Municipal


•         Residential


•         Commercial (Hotels, etc.)

Global Compactors Market, by Distribution Channel

•         Direct Sale


•         Indirect Sale  

Global Compactors Market, by Region

• North America
  
  
  
  • the U.S.
  
  
  • Canada
  
  
  • Rest of North America
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • the U.K.
  
  
  • Rest of Europe
  
  
  
  


• Asia Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Rest of Asia Pacific
  
  
  
  


• Middle East & Africa
  
  
  
  • GCC
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa
  
  
  
  


• South America
  
  
  
  • Brazil
  
  
  • Rest of South America