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

By Equipment;

Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders, and Others.

By Processed Material;

Metal, Plastic, Construction Waste, Paper, Rubber, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn109723898 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Recycling Equipment Market was valued at USD 1,761.16 million. The size of this market is expected to increase to USD 2,633.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global recycling equipment market is experiencing robust growth, driven by an increasing emphasis on environmental sustainability and the need for efficient waste management solutions. The market encompasses a wide range of machinery and systems designed to process various types of recyclable materials, including metals, plastics, paper, and electronic waste. These equipment types include balers, shredders, granulators, shears, and sorting systems, each tailored to handle specific recycling processes and materials. The growing awareness about the environmental impact of waste and the finite nature of natural resources is compelling industries and governments worldwide to adopt advanced recycling technologies, thereby fueling market expansion.

Government regulations and policies aimed at reducing carbon footprints and promoting circular economies are significant drivers of the recycling equipment market. Many countries are implementing stringent waste management laws and offering incentives to businesses that invest in recycling infrastructure. These regulatory frameworks are encouraging industries to develop more sustainable practices and integrate recycling equipment into their operations. Additionally, the rising cost of raw materials and the economic benefits of recycling are motivating companies to invest in efficient recycling technologies. As a result, the market is witnessing substantial investments in research and development to innovate and improve recycling processes, enhancing the efficiency and effectiveness of recycling equipment.

Technological advancements play a crucial role in the growth of the recycling equipment market. Innovations in automation, artificial intelligence, and robotics are transforming the recycling industry by enhancing the precision and speed of sorting and processing recyclable materials. Advanced sensors and machine learning algorithms are being used to develop smart recycling systems capable of identifying and separating different types of materials with high accuracy. These technological advancements are not only improving the quality of recycled materials but also reducing operational costs and increasing throughput. The integration of Internet of Things (IoT) technologies in recycling equipment is further streamlining operations by enabling real-time monitoring and predictive maintenance, ensuring optimal performance and reducing downtime.

The recycling equipment market is also benefiting from the growing trend of urbanization and industrialization, particularly in emerging economies. Rapid urban growth is leading to an increase in waste generation, necessitating efficient waste management solutions. Developing countries are investing heavily in recycling infrastructure to manage the rising volumes of waste and mitigate environmental pollution. Furthermore, the increasing consumer demand for recycled products is encouraging manufacturers to adopt recycling equipment to meet sustainability goals and consumer preferences. This trend is fostering collaborations and partnerships between recycling equipment manufacturers, waste management companies, and industrial players to develop integrated recycling solutions that cater to the specific needs of different industries.

In conclusion, the global recycling equipment market is poised for significant growth, driven by regulatory pressures, technological advancements, and the increasing need for sustainable waste management solutions. As industries and governments worldwide continue to prioritize environmental sustainability, the demand for advanced recycling equipment is expected to rise, leading to further innovations and improvements in recycling technologies. The market's expansion presents numerous opportunities for stakeholders across the value chain, from equipment manufacturers to end-users, to contribute to a more sustainable and circular economy.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By Processed Material
    3. Market Snapshot, By Region
  4. Global Recycling Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Regulations

        2. Government Incentives

        3. Waste Management Policies

        4. Consumer Awareness

      2. Restraints
        1. High Initial Costs

        2. Operational Complexity

        3. Market Fragmentation

        4. Limited Infrastructure

      3. Opportunities
        1. Innovation in Recycling Technologies

        2. Corporate Sustainability Initiatives

        3. Public-Private Partnerships

        4. Investment in R&D

    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. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Recycling Equipment Market, By Equipment, 2021 - 2031 (USD Million)
      1. Baler Press
      2. Shredders
      3. Granulators
      4. Agglomerators
      5. Shears
      6. Separators
      7. Extruders
      8. Others
    2. Global Recycling Equipment Market, By Processed Material, 2021 - 2031 (USD Million)
      1. Metal
      2. Plastic
      3. Construction Waste
      4. Paper
      5. Rubber
      6. Others
    3. Global Recycling Equipment 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 ASEAN (Association of South East Asian Countries)
        6. 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. Waste Management, Inc.
      2. Tomra Systems ASA
      3. Coparm Srl
      4. Forrec Srl
      5. Recycling Equipment Manufacturing, Inc. (REM)
      6. Vecoplan AG
      7. Sierra International Machinery, LLC
      8. BHS-Sonthofen GmbH
      9. Eldan Recycling A/S
      10. Harris Equipment
      11. Danieli Centro Recycling
      12. Metso Outotec Corporation
      13. Kiverco
      14. American Baler Company
      15. CP Manufacturing, Inc.
      16. LEFORT Group
      17. MOCO Maschinen
      18. Green Machine Sales LLC
      19. SSI Shredding Systems, Inc.
      20. Presona AB
      21. General Kinematics
      22. CP Group
  7. Analyst Views
  8. Future Outlook of the Market