PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550690
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550690
Reverse Vending Machine Market, By Product Type, By Material Type, By End User, By Geography
The Global Reverse Vending Machine Market is estimated to be valued at USD 468.2 Mn in 2024 and is expected to reach USD 701.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 468.2 Mn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 5.90% | 2031 Value Projection: | US$ 701.4 Mn |
Reverse vending machines help facilitate effective waste management and recycling processes. They allow consumers to deposit used beverage containers such as bottles and cans in exchange for monetary credit. Reverse vending machines streamline the retrieval of recyclable items from the waste stream, thereby promoting sustainability. With growing concerns about environmental degradation worldwide, the demand for reverse vending machines is expected to rise considerably in the coming years. Stringent regulations regarding waste management and recycling are further providing a fillip to the reverse vending machine industry.
Market Dynamics:
Rising environmental awareness among consumers regarding proper waste disposal and recycling is a key driver accelerating the adoption of reverse vending machines globally. Stringent government regulations mandating the use of reverse vending for effective recycling practices are also propelling the market forward. Moreover, continuous technology advancement in reverse vending systems featuring interactive touchscreens, automated refund processes, and precision sorting capabilities are enhancing their uptake. However, high costs associated with purchasing, installation and maintenance of reverse vending machines could hinder the market growth. Further, availability of cheap substitutes poses a threat to industry players. Nevertheless, emerging opportunities lie in integrating IoT and blockchain technologies with reverse vending machines. Integration of digital payment solutions is another avenue that market participants are exploring.
Key features of the study:
This report provides in-depth analysis of the global reverse vending machine market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global reverse vending machine market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Aco Recycling, Ake Environmental Technologies, Diebold Nixdorf, Endlos Innovations Private Limited, Envipco Holding N.V., Kansmacker International, RVM Systems AS, Sielaff GmbH & Co. KG, Tomra Systems ASA, Teraoka Seiko Co. Ltd., Trautwein, Veolia, and Zeleno
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global reverse vending machine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global reverse vending machine market.
Detailed Segmentation-
- By Product Type Insights (Revenue, USD Mn, 2019 - 2031)
- Automated Reverse Vending Machines
- Semi-Automated Reverse Vending Machines
- By Material Type Insights (Revenue, USD Mn, 2019 - 2031)
- Cans
- Bottles
- Others (Plastic, Glass, etc.)
- By End User Insights (Revenue, USD Mn, 2019 - 2031)
- Retail Stores
- Public Places (Airports, Malls, Parks, etc.)
- Educational Institutions
- Others
- By Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Aco Recycling
- Ake Environmental Technologies
- Diebold Nixdorf
- Endlos Innovations Private Limited
- Envipco Holding N.V.
- Kansmacker International
- RVM Systems AS
- Sielaff GmbH & Co. KG
- Tomra Systems ASA
- Teraoka Seiko Co. Ltd.
- Trautwein
- Veolia
- Zeleno
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Reverse Vending Machine Market, By Product Type
- Global Reverse Vending Machine Market, By Material Type
- Global Reverse Vending Machine Market, By End User
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Reverse Vending Machine Market, By Product Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Automated Reverse Vending Machines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Semi-Automated Reverse Vending Machines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
5. Global Reverse Vending Machine Market, By Material Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cans
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Bottles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Others (Plastic, Glass, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
6. Global Reverse Vending Machine Market, By End User, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Retail Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Public Places (Airports, Malls, Parks, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Educational Institutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
7. Global Reverse Vending Machine Market, By Region, 2019 - 2031, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Material Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Material Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Material Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Material Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Material Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Material Type , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User , 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- South Africa
- North Africa
- Central Africa
8. COMPETITIVE LANDSCAPE
- Aco Recycling
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ake Environmental Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Diebold Nixdorf
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Endlos Innovations Private Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Envipco Holding N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Kansmacker International
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- RVM Systems AS
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sielaff GmbH & Co. KG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tomra Systems ASA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Teraoka Seiko Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Trautwein
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Veolia
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zeleno
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us
