Los Angeles, CA -- (SBWIRE) -- 09/18/2019 -- The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Reverse Vending Machine market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Reverse Vending Machine Market. We have provided deep analysis of the vendor landscape to give you a complete picture of current and future competitive scenarios of the global Reverse Vending Machine market. Our analysts use the latest primary and secondary research techniques and tools to prepare comprehensive and accurate market research reports.
The global Reverse Vending Machine market was 310 million US$ in 2018 and is expected to 690 million US$ by the end of 2025, growing at a CAGR of 10.4% between 2019 and 2025.
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.
Popularly known as RVMs, 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.
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RVMs are developed to recover and dispose recycled products more effectively and are used for cost effective waste recycling and disposal. Effectively, RVMs helps to reduce landfills, increase recycling rates, avoids using virgin material for new products, lowers greenhouse gas emissions, reduces water usage and creates jobs. Revenue growth of overall RVM market is being driven by new installations and servicing of old machines. The Utilities in most developed countries have passed laws to promote reduction, reuse and recycling of waste that have further contributed to RVMs demand. RVM companies operate with two different business models. One is a sales model, where machines are sold to the food retail stores and the other is through lease model in which RVM companies maintains ownership of the installed machines and receives payment based on the number of containers handled by the machines.
Innovation and development of resource recycling projects has led to the increasing demand for reverse vending machine. Increasing resource recycling projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the reverse vending machine market during the forecast period.
With increased focus on environment protection, the reverse vending machine market is likely to witness a strong growth in coming years.
Global Reverse Vending Machine Market: Competitive Rivalry
The chapter on company profiles studies the various companies operating in the global Reverse Vending Machine market. It evaluates the financial outlooks of these companies, their research and development statuses, and their expansion strategies for the coming years. Analysts have also provided a detailed list of the strategic initiatives taken by the Reverse Vending Machine market participants in the past few years to remain ahead of the competition.
Key manufacturers cited in the report
Tomra
Incom recycle
TRautwein SB Technik
Diebold Nixdorf
RVM Systems AS
Envipco
Kansmacker
Global Reverse Vending Machine Market by Type Segments:
Refillable type
Non-Refillable type
Multifunction type
Global Reverse Vending Machine Market by Application Segments:
Supermarkets
Community
Utilities
Global Reverse Vending Machine Market by Regional Segments:
The chapter on regional segmentation details the regional aspects of the global Reverse Vending Machine market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and the anticipates its influence on the global Reverse Vending Machine market.
- The Middle East and Africa (GCC Countries and Egypt)
- North America (the United States, Mexico, and Canada)
- South America (Brazil etc.)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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Report Highlights
- Comprehensive pricing analysis on the basis of product, application, and regional segments
- The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Reverse Vending Machine market
- Deep insights about regulatory and investment scenarios of the global Reverse Vending Machine market
- Analysis of market effect factors and their impact on the forecast and outlook of the global Reverse Vending Machine market
- A roadmap of growth opportunities available in the global Reverse Vending Machine market with the identification of key factors
- The exhaustive analysis of various trends of the global Reverse Vending Machine market to help identify market developments
Table of Contents
Report Overview: It includes six chapters, viz. research scope, major manufacturers covered, market segments by type, Reverse Vending Machine market segments by application, study objectives, and years considered.
Global Growth Trends: There are three chapters included in this section, i.e. industry trends, the growth rate of key producers, and production analysis.
Reverse Vending Machine Market Share by Manufacturer: Here, production, revenue, and price analysis by the manufacturer are included along with other chapters such as expansion plans and merger and acquisition, products offered by key manufacturers, and areas served and headquarters distribution.
Market Size by Type: It includes analysis of price, production value market share, and production market share by type.
Market Size by Application: This section includes Reverse Vending Machine market consumption analysis by application.
Profiles of Manufacturers: Here, leading players of the global Reverse Vending Machine market are studied based on sales area, key products, gross margin, revenue, price, and production.
Reverse Vending Machine Market Value Chain and Sales Channel Analysis: It includes customer, distributor, Reverse Vending Machine market value chain, and sales channel analysis.
Market Forecast – Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
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