PUBLISHER: The Business Research Company | PRODUCT CODE: 1619600
PUBLISHER: The Business Research Company | PRODUCT CODE: 1619600
Garbage truck bodies are specialized containers or structures mounted on truck chassis, specifically designed for waste collection, compaction, and transportation. These bodies come in various designs and configurations to meet the diverse needs of waste collection and disposal. As a crucial component of waste management systems, they facilitate efficient and effective waste handling.
The primary types of garbage truck bodies include front loaders, rear loaders, side loaders, roll-off trucks, and grapple trucks. Front-load garbage truck bodies are equipped with a mechanism that allows them to lift and empty large commercial dumpsters into their hopper from the front. These bodies are made from materials such as steel, aluminum, and plastic, and are powered by diesel, electric, or hybrid sources. They can operate using automated, semi-automated, or manual technologies and are used in various sectors, including urban waste management, construction and mining industries, road and infrastructure cleaning, industrial waste management, and recycling facilities.
The garbage truck bodies market research report is one of a series of new reports from The Business Research Company that provides garbage truck bodies market statistics, including garbage truck bodies industry global market size, regional shares, competitors with a garbage truck bodies market share, detailed garbage truck bodies market segments, market trends and opportunities, and any further data you may need to thrive in the garbage truck bodies industry. This garbage truck body market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The garbage truck bodies market size has grown strongly in recent years. It will grow from $4.91 billion in 2023 to $5.22 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth during the historical period can be linked to factors such as rising waste generation, government regulations on waste management, heightened environmental concerns, cost-cutting initiatives, infrastructure development, and an increased focus on recycling and waste separation.
The garbage truck bodies market size is expected to see strong growth in the next few years. It will grow to $6.75 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth projected for the forecast period can be attributed to the expansion of smart city initiatives, stricter environmental regulations, urban population growth, a stronger focus on sustainability, increasing demand for electric and hybrid vehicles, a heightened emphasis on fleet management solutions, and shifting consumer expectations. Key trends during this period include the integration of IoT for smarter operations, a focus on waste-to-energy technologies, the adoption of advanced safety systems, the development of durable and lightweight materials, the rise in retrofitting existing fleets, and investments in sustainable waste management solutions.
The increasing generation of residential waste is expected to drive growth in the garbage truck body market. Residential waste consists of household items such as food scraps, packaging, paper, and other materials disposed of by residents. This rise in residential waste is driven by population growth, improved living standards, and a convenience-focused, disposable culture, which contributes to higher consumption of goods and packaging materials. Garbage truck bodies are essential for managing residential waste, as they provide efficient solutions for collecting, compacting, and transporting large volumes of household waste to disposal or recycling facilities, helping maintain clean and hygienic communities. For example, in February 2024, the United Nations Environment Programme projected that global municipal solid waste generation would increase from 2.3 billion metric tons in 2023 to 3.8 billion metric tons by 2050. This growth in residential waste generation is expected to continue driving demand in the garbage truck body market.
Key players in the garbage truck body market are focusing on technological innovation, particularly the development of electric automated sideload garbage truck bodies, to improve waste collection efficiency. These electric-powered vehicles feature automated systems that enable the efficient and safe loading of waste from the side. For instance, in October 2022, Heil Environmental Industries Limited, a U.S.-based manufacturer of garbage and recycling trucks, introduced the RevAMP electric automated sideload body (eASL). This fully electric refuse collection vehicle is designed to enhance operational efficiency and sustainability in waste management. Equipped with an electric lift arm and auger-style compactor, the RevAMP reduces energy consumption, noise, and greenhouse gas emissions. When paired with an electric chassis, it can cut emissions by approximately 41 metric tons per year. Additionally, it operates on its own battery, making it compatible with various chassis types, and can help municipalities save up to 4,000 gallons of fuel annually. The RevAMP represents a sustainable option for waste haulers, delivering both performance and environmental benefits to meet modern refuse collection demands.
In March 2024, Morgan Truck Body LLC, a U.S.-based manufacturer of dry freight and refrigerated truck bodies, announced its acquisition of Transit Truck Bodies Inc. for an undisclosed sum. This acquisition aims to expand Morgan Truck Body's manufacturing footprint and capabilities across North America, enhancing its market reach and service offerings. The acquisition also provides Transit Truck Bodies' customers with access to a broader network and additional resources. Transit Truck Bodies Inc. is a U.S.-based company specializing in custom-built bodies for garbage trucks.
Major companies operating in the garbage truck bodies market are BYD Company Ltd., Volvo Group, Scania AB, Dongfeng Motor Corporation, Dover Corporation, Oshkosh Corporation, China National Heavy Duty Truck Group Co. Ltd., Chengli Special Automobile Co. Ltd., Fulongma Group Co. Ltd., FAUN Umwelttechnik GmbH & Co. KG, DENNIS EAGLE LTD, McNeilus Truck and Manufacturing, Heil Environmental Industries Ltd., Amrep, EZ Pack Holding Ltd., Galbreath Inc., Bridgeport Manufacturing, Labrie Environmental Group, J&J Truck Bodies & Trailers, Curbtender Sweepers LLC, Haul-All Equipment Ltd., Cryotec Anlagenbau GmbH, Kirchhoff Group
Asia-Pacific was the largest region in the garbage truck bodies market in 2023. The regions covered in the garbage truck bodies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the garbage truck bodies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The garbage truck bodies market consists of sales of roll-off trucks, compactor bodies, split-body trucks, and electric-powered bodies. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Garbage Truck Bodies Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on garbage truck bodies market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for garbage truck bodies ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The garbage truck bodies market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.