Europe Recycling Machine Market

Europe Recycling Machine Market Outlook (2023-2033)

Europe recycling machine market is anticipated to project a valuation of US$ 810.6 million in 2023 and further expand at a CAGR of 5.3% to reach US$ 1,354.9 million by the end of 2033.

The evolution of the recycling machines market is due to the increasing awareness regarding the sustainable advantages of recycling and reusing waste or scrap materials such as plastic, construction, metal, paper, and other waste. Recycling maintains the circular economy and reduces negative impacts on the environment.

Report Attributes	Details
Market Size (2022A)	US$ 784.9 Million
Estimated Market Value (2023E)	US$ 810.6 Million
Forecasted Market Value (2033F)	US$ 1,354.9 Million
Europe Market Growth Rate (2023-2033)	5.3% CAGR
United Kingdom Market Growth Rate (2023-2033)	~4.0% CAGR
Germany Recycling Machine Market Size (2033F)	US$ 352.3 Million
France Recycling Machine Market Size (2033F)	US$ 243.9 Million
Key Companies Profiled	FOR REC S.P.A. P.IVA Next Generation Recyclingmaschinen GmbH LIDEM Ken Mills Engineering Ltd Metal Recycling Machines Bronneberg Zato

Market’s Comprehensive Analysis

Recycling processes are gaining traction not only in developed economies but also in developing ones across Europe. Recycling reduces waste from entering the environment and manages a circular economy. Rising concern regarding the environment and government efforts to effectively manage waste has accelerated the demand for waste recycling machines, this, in turn, augments the market's growth.

• Short-Term Growth Projection: Growing demand for recycled rubber, which is used in a variety of civil engineering projects such as synthetic turfs, textured paints, landscaping materials, automobile floor mats, athletic tracks, playground surfaces, speed bumps, and roofing, aids in the conservation of both energy and resources, to augment market's growth.
• Medium-Term Growth Projection: Efforts are led by both individuals and the government to effectively manage and reduce waste and maintain a circular economy to create immense growth opportunities for the market.
• Long-Term Growth Projection: The growing concern regarding effective waste management and recycling pushes market players to develop innovative products to cater to the needs of the end-user and meet the demand of the modern generation as well. This, in turn, acts as a long-run market driving factor.

Over the 2018-2022 historical period, the Europe recycling machine market registered a CAGR of 2.1%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.3% CAGR between 2023 and 2033.

Market share analysis of recycling machines based on technology and country is provided in a nutshell in the above image. Under the technology segment, the automatic sub-segment is estimated to reach a market share of 47.0% in 2023.

“Textile Recycling to Gear Up the Sales of Recycling Machine”

Textile waste or old clothes are either disposed of or donated to needy ones. However, in the end, the clothes were either incinerated or ended up in landfills choking pipelines or polluting the environment, entering the food chain, and others.

Nowadays, with rising awareness regarding environmental safety and recycling, waste clothes are now being recycled and used for various purposes. For instance, H&M, a clothing brand had installed a clothes recycling machine that turns old cloth into yarn or thread and further knits it into a new desired piece.

It works on the instructions given to create new desired clothing from the previously fed material. This not only reduces the waste from entering landfills but also provides newly knitted cloth from the old ones maintaining a circular economy. Textile recycling is an effective and profit-oriented business, also textile is available in landfills that are to be recycled and used further.

The installation of textile recycling plants at a huge level will assist the waste management authority in effectively managing clothes. This, in turn, pullulates the market's growth over the period.

“High Cost of Recycling: A challenge to overcome”

Recycling is not a one-step process it requires a reliable workforce to collect waste, sort, sterilize, load to machine, de-load output, and send it for further processing. This all involves huge costs that lead to a lesser number of market players operating in the market.

Due to less number of people operating in the market and the waste recycling being comparatively slow as compared to the waste generation on a regular basis creates a burden on existing infrastructure and the environment as well. This can be overcome by the efforts made by both government and individuals, which in turn, bolster the market's growth in forthcoming years.

Country-wise Insights

What are the factors driving the market’s growth across Germany?

Germany is investing in R&D and technology to develop an innovative solution to recycle waste and the governing bodies focus on the development of a waste prevention plan. This, in turn, pushes individuals and waste management authorities to use recycling machines to reduce waste at unit and mass levels, and contribute to the circular economy.

German supermarkets and the related process has installed plastic bottle recycling machine which not only increases awareness regarding the prevention of the use of plastic but also assists in managing and recycling waste efficiently. Thus, driving the sales of the different types of recycling machines to manage waste.

Why is the France recycling machine market expected to be extremely worthwhile?

France is estimated to grow at a CAGR of 5.9% during the forecast period from 2023-2033 and reach a valuation of US$ 243.9 million. The rising greenhouse gas emissions as a prime concern along with stringent ordinances by regulatory bodies for waste management and recycling is likely to have a favorable influence on the growth of the recycling machine market during the projection period.

Recycling proposes diverse environmental advantages which include preserving natural resources, redirecting material from landfills, declining greenhouse gas emissions, and others. Such factors are anticipated to augment the market growth across France during the forecast period.

Further, the growing crises associated with the deficit of non-renewable resources and the high production cost of metals have boosted the demand for metal recycling across different end-use verticals.

The emergence of advancing technologies has been ascertained to be quite adequate in terms of recognizing various metals, specifically ferrous. The aforementioned factors are to bolster the rising demand for recycling machines across the French market.

Category-wise Insights

Which processed material is witnessing high growth opportunities?

Paper recycling is witnessing high demand followed by scrap metals. Paper recycling provides many advantages, such as the preservation of energy, landfill space, and water. Further, paper recycling decreases greenhouse gas emissions, whereas recycled fiber is a resource that is both affordable and sustainable and can be used to create new paper products. Thus, it is anticipated that an increased emphasis on sustainability will increase demand for paper recycling, which will in turn propel the growth of the recycling machine market during the forecast period.

Scrap metals can be used multiple times post-recycling as it does not lose their properties, owing to this it has high demand across various end-use verticals such as aerospace, packaging, automotive, construction, and others. This, in turn, is anticipated to augment the demand for recycled metals, thereby compelling the recycling machine market growth during the forecast period.

How does the growing demand for shredder machines spur the market’s growth outlook?

Based on the machine type, the shredding machine is estimated to create immense growth opportunities for the market during the forecast period on account of growing demand from the tire industry. A shredding machine is employed to break down processed materials into small and more manageable components before transforming them into a better form for further use.

Market Development Strategies

Prominent Market players in the recycling machine market include FOR REC S.P.A. P.IVA, Next Generation Recyclingmaschinen GmbH, LIDEM, Ken Mills Engineering Ltd, and Metal Recycling Machines, among others.

Manufacturers in the market focus on being awarded the contract of installing and maintaining recycling machines at various places across the region, by the government or NGOs.

Further, after-sales services and customization curve the demand pool and enable market players to gain high-profit margins. Digitalization and introduction of advancing technology for the development of the novel product to bolster revenue growth over the projection period.

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

Segmentation of Recycling Machine Industry Research

• By Technology :

  • Automatic
  • Semi-Automatic

• By Process Type :

  • Single Stage
  • Two Stage
  • Multi-Stage

• By Processed Material :

  • Metal
  • Plastic
  • Construction Waste
  • Paper
  • Rubber
  • Others

• By Machine Type :

  • Shredders
  • Extrusion
  • Grinder
  • Mixer
  • Sorting
  • Washing
  • Others

• By Country :

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • BENELUX
  • NORDICs
  • Portugal
  • Rest of Europe