Global Waste Sorting Equipment Market Report and Forecast 2024-2032

Global Waste Sorting Equipment Market Outlook

The global waste sorting equipment market size reached a value of more than USD 1,094.96 million in 2023. The market is expected to grow at a CAGR of 11.90% between 2024 and 2032, likely to attain a value of USD 3,012.11 million by 2032.

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Global Waste Sorting Equipment Market Trends

Water sorting equipment refer to machines that utilise different techniques and waste screening systems to separate organic matter, plastics, metal, stones, and other substances. This technique is used to maximize the amount of waste material that is recycled, while also reducing the amount of waste collected in landfills and around the environment.

Increasing Demand for Waste Management

The increasing development, population, and other factors have augmented waste generation around the world. This has propelled the need for waste management and addressing the situation, many government agencies around the world are increasingly investing in waste management equipment. This is expected to drive market growth.

Technological Advancements Expected to Propel the Market Growth

The market is increasingly adopting automation to improve the separation of waste materials based on different types such as containers, metals, glass, and plastics. Advanced sensors and systems can be used to improve the separation of materials by their size, shape, and ballistic properties.

Stringent Government Regulations about Waste Management

Governments are introducing strict regulations to control waste generation to work towards environmental safety. Organizations have increased their targets while improving waste management. This can most likely drive the market growth.

Global Waste Sorting Equipment Market Analysis

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Based on material type, the market can be segmented into plastic, metal, cardboard, and paper, among others. Based on application, it can be bifurcated into industrial and municipal, among others. The regional markets for the market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. 

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global waste sorting equipment market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans. 

• MSS, Inc.

• Coparm Srl

• Wuxi Stavn Environmental Technology Co., Ltd.

• Krause Manufacturing Inc.

• Bühler AG

• Others

Material Types Used in Waste Sorting Equipment

Based on material type, the market can be segmented into plastic, metal, cardboard and paper, among others.

Among these segments, plastic holds the largest market share due to it being one of the largest waste generators. The rising demand for plastic from various end-uses such as food packaging, consumer goods, healthcare devices and disposable products has significantly contributed to the generation of plastic waste.

Additionally, the rising industrialisation, especially in emerging nations, has led to an increased generation of metal scarps. The metal segment for waste sorting equipment is expected to experience significant growth as waste management activities rise. The increase in waste management activities will simultaneously enhance the waste-sorting equipment market.

Applications of Waste Sorting Equipment in the Market

Based on applications, the market can be bifurcated into industrial and municipal, among others. The municipal segment is expected to go through major growth owing to the increasing portion of the population residing in urban areas, which is likely to increase plastic waste generation. This, in turn, will propel the municipal organisation to improve their waste management systems, which will simultaneously help in the growth of the waste sorting equipment market.

In addition, the increasing waste generation from industrial sectors such as construction, manufacturing, chemicals, and textile industries, among others, is enhancing the industrial segment. The increased rate of waste generation has propelled the demand for waste sorting equipment, owing to strict regulations implemented by the government.

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Competitive Landscape

MSS, Inc. is an individual and family services company specialising in providing a range of products and services. They cover a wide range of products and services including facilities services, waste management, water treatment, thermal insulation, chemical, asbestos removal and consultancy, and decarbonization services. The company was founded in 1978 and they currently operate in multiple sectors including healthcare, defence, education, industrial and manufacturing.

Coparm Srl is engaged in the field of designing and constructing waste treatment plants. The company is one of Europe’s largest companies in the same field. They provide a unique variety of products, solutions, and services in the field of recycling machines and plants for waste management. The company was founded in 1977, with its headquarters located in Matera, Italy.

Krause Manufacturing Inc. is one of the leading machinery manufacturing companies, which was founded in 1963. The company builds and provides high-quality automated sorting systems for many material types. They provide recycling services to a variety of applications including construction and demolishing recycling, municipal solid waste recycling, eWaste recycling, and single-stream recycling.

Other key players in the market include Wuxi Stavn Environmental Technology Co., Ltd., and Bühler AG, among others.

Key Highlights of the Report