Europe Aluminium Can Compactor Market

Europe Aluminium Can Compactor Market Outlook

The Europe aluminium can compactor market is anticipated to project a valuation of US$ 220.4 million in 2023 and further expand at a CAGR of 3.8% to reach US$ 320.6 million by the end of 2033.

The growth is endorsed by the growing usage of aluminium cans for various end uses which leads to high waste generation. The need to recycle used aluminium cans is increasing so as to manage waste properly and conserve raw materials that are in limited quantity.

Report Attributes	Details
Aluminium Can Compactor Market Size (2022A)	US$ 204.6 Million
Estimated Market Value (2023E)	US$ 220.4 Million
Forecasted Market Value (2033F)	US$ 320.6 Million
Europe Market Growth Rate (2023-2033)	3.8% CAGR
Germany Market Growth Rate (2023-2033)	~4.2% CAGR
United Kingdom Market Share (2023)	~18.0%
France Market Growth Rate (2023-2033)	~4.4% CAGR
NORDIC Market Share (2023)	~11.9%
Key Companies Profiled	DILOYA GROUP Quercus Capital Rentals Ltd.

Market Buoyancy Analysis

Aluminium can compactor is primarily used by aluminium manufacturers and numerous waste disposal and recycling facilities. It is made up of three parts: a hydraulic system, an electrical system, and the main frame. It has a hopper to hold scrap metal, a quick cycle time for one bale, a high capacity, and the ability to compress a variety of materials, including metal scrap, aluminium scrap, stainless steel scrap, copper scrap, and various ferrous and non-ferrous metals.

Aluminium cans are simple to sort because other materials like labels and lids don't need to be physically separated. Cans made of aluminium can always be recycled after being collected because of their intrinsic value.

• Short-Term Growth Projection (2023-2026): Burgeoning utilization of aluminium can compactor in aluminium recycling plants positively impacts the market growth.
• Medium-Term Growth Projection (2027-2029): Germany and UK are estimated to observe high demand for aluminium can compactor on the back of increasing aluminium prices and the growing focus of manufacturers on recycling aluminium to reduce cost, coupled with favorable government initiatives.
• Long-Term Growth Projection (2030-2033): Inclination towards recycling 100% of aluminium to maintain a circular economy along with innovation and upgradation will be responsible for increased demand in the long run.

Over the 2018-2022 historical period, the Europe Aluminium Can Compactor market registered a CAGR of 3.2%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.8% CAGR between 2023 and 2033.

Market share analysis of aluminium can compactor based on maximum width and country is provided in a nutshell in the above image. Under the placement type segment, the vertical sub-segment is estimated to reach a market share of 74.0% in 2023.

“Increasing Cans demand from Food & Beverage Industry”

Aluminium has found its extensive use in various industries for a variety of products such as foils, cans, airplane parts, window frames, and many more. Aluminium cans are extensively used in the food and beverage industry for the packaging of food products. According to International Aluminium Institute Europe produced around 7.5 million metric tons of primary aluminium between 2021-2022.

Owing to the consumption cases of soft drinks, mineral water, and alcoholic beverages, Europeans utilize up to 50 billion aluminium cans annually. In particular, the market for canned beverages in Europe is driven by the increased consumption of alcoholic beverages like wine and beer. With wine being the most popular alcoholic beverage on the continent, European nations have the highest alcohol consumption rates in the world.

Increased use results in huge waste production. Out of total beverage cans EU recycles around 85.0% of steel cans and 76.0% of aluminium cans which makes it the most recycled item.

“High Maintenance Cost and Lack of Skilled Labor to Hamper Growth”

The installation of compactors requires high initial investment and ongoing costs, which restrain the market's expansion.

The cost increases as a result of significant equipment design and improvements. The challenge for manufacturers is to reduce the cost of their products while increasing productivity and efficiency.

At the same time, operators who are professionals having the required training are required for more advanced compactors with more technological functions. Serious accidents can be caused by improper handling. Operational and safety programs must be completed by operators. The shortage of skilled operators makes it difficult to use modern compactors.

Country-wise Insights

What are the Factors Driving the Market’s Growth Across Germany?

With around 700,000 tons annually, Germany is one of the leaders in Europe for its aluminium recycling sector. Recycling also saves a tremendous amount of energy and resources, with rates sometimes exceeding 90.0%.

When it comes to packaging-related recycling, Germany is the global leader. This is so that all packaging, including aluminium cans and foil, can be recycled. Additionally, used items are used to extract new aluminium, which is then processed to create new, high-quality products.

The inclination toward energy conservation and stringent regulations are anticipated to drive the aluminium can compactor market in Germany in the near future.

The German market for aluminium can compactor is expected to grow at a CAGR of 4.2% to reach a valuation of US$ 83.4 million by 2033.

What is the Market Scenario in the UK?

In the UK, about 10 billion cans made of aluminium are produced annually; 75.0% of these cans are recycled. Every household in the UK is thought to consume about 340 aluminium drink cans annually.

According to figures from the Environment Agency, a total of 156,000 tons of aluminium were collected for recycling in 2021, an increase of 3% from the year before. Around 12% of this total amount was exported for reprocessing, whereas 88% was recycled domestically in the UK.

Increase in prices of aluminium and the inclination of can manufacturers towards sustainability is set to increase the recycling activities of aluminium cans which in turn will surge the demand for compactors.

The UK market for aluminium can compactors is predicted to reach an estimation of US$ 39.7 million by 2023.

Category-wise Insights

Why is Vertical Aluminium Can Compactor Dominating the Market?

Vertical compactors can be utilized in a variety of applications because they take up significantly less area than horizontal compactors. Vertical compactors can be utilized in the same locations where horizontal compactors can, as well as in places where they are impractical. They are suitable for usage in cramped, compact locations because of their smaller footprint.

The compactor's front entrance is used to load the waste, and when the chamber is filled, its ram is engaged which moves down and compresses the waste.

The vertical aluminium can compactor is estimated to be valued at US$ 163.1 million by the end of 2023 and is anticipated to grow at a CAGR of 3.5% from 2023-2033.

Why is Automatic Aluminium Can Compactor Expected to Grow during the Forecast Period?

Automatic aluminium can compactors are gaining popularity owing to their better efficiency. Automatic compactors are more efficient in energy and they are cost-efficient as they do not require human involvement during the process.

Automatic compactors are enabled with an auto switch-off feature that switches the machine off when not in use giving added safety to the machine along with conserving energy. Automation helps in lowering operational costs, improves safety and security, and comprises many optimization features that increase output.

Automatic compactors are estimated to grow over the forecast period due to extensive adoption by end users.

Automatic aluminium can compactor is to be valued US$ 47.1 million in 2023 and is estimated to reach a valuation of US$ 80.2 million by 2033.

Key Stratagems by Market Players

Key manufacturers of aluminium can compactor include DILOYA GROUP and Quercus Capital Rentals Ltd.

Market leaders are implementing a number of crucial initiatives to maintain their competitiveness in the highly fragmented market for aluminium can crushers. Players focus on expanding their market reach by partnering with or acquiring local or regional businesses to serve vast catchment areas and generate large profit margins.

Equipment performance in challenging environments is a goal for manufacturers. Players are focusing on improving their online presence and increasing their production capacity in order to reach a broader market.

Fact.MR has provided detailed information about the price points of key manufacturers of aluminium can compactors positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Aluminium Can Compactor Industry Research

• By Operation Type :

  • Manual
  • Semi-automatic
  • Automatic

• By Placement Type :

  • Horizontal
  • Vertical

• By Country :

  • Germany
  • France
  • UK
  • BENELUX
  • NORDIC
  • Italy
  • Spain
  • Rest of Europe