Europe Waste Shredder Market

Waste Shredder Market Outlook (2023-2033)

The Europe waste shredder market is estimated to be valued at US$ 228.0 Million in 2022 and further expand at a CAGR of 3.2% to reach US$ 235.0 Million by the end of 2033.

Before recycling, materials are reduced in size using shredding machines. Waste shredders are employed to smash a variety of scrap materials. They are frequently used in scrapyards to pulverize waste into uniform shapes and sizes for disassembly and further processing.

Report Attributes	Details
Waste Shredder Market Size (2022A)	US$ 228.0 Million
Estimated Market Value (2023E)	US$ 235.0 Million
Forecasted Market Value (2033F)	US$ 321.0 Million
Europe Market Growth Rate (2023-2033)	3.2% CAGR
Germany Market Share (2022)	~26.0%
France Market Growth Rate (2023-2033)	~3.8% CAGR
Italy Market Growth Rate (2023-2033)	~2.4% CAGR
UK Market share (2022)	19.0%
Key Companies Profiled	Terex Weima BMM Technology UNTHA

Comprehensive Analysis of the Waste Shredder Market

With the growing automotive and consumer electronics, the demand for metal is amplified, however, limited resources and growing metal waste pushes the government and manufacturers towards metal recycling to meet the demand. Shredders for scrap metal are essential pieces of gear in the recycling process.

• Short-Term Growth Factors: Growing waste as a problem and rising awareness regarding waste recycling to augment the market’s growth.
• Medium-Term Growth Factors: Government stringent policies regarding environment safety and lucrative demand for recyclable waste materials to lead the market during the forecast period.
• Long-Term Growth Factors: Advancement in technology and product upgradation with customization will be responsible for the growth in the market in the upcoming years.

Over the 2018-2022 historical period, the Europe waste shredder market registered a CAGR of 2.8%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.2% CAGR between 2023 and 2033.

Market share analysis of waste shredder based on use case and the country is provided in a nutshell in the above image. Under the use case segment, the waste recycling plants sub-segment dominates with a 48.0% market share in 2022.

“Modern waste management technique stimulates market expansion”

The advancement of waste management solutions supports the expanding urbanization to fulfill the demand from the growing population across Europe. In addition, the volume of waste which is generated at multiple sites such as construction sites, mining sites, and others directly impacts the need for the waste shredder across Europe.

For instance, a metal shredder is used to shred metal waste into small pieces for various purposes that make them an essential part of the metal recycling process. Paper shredder eliminate the process of paper burning, as a result, reducing the emission of harmful gases such as carbon dioxide. Also, it saves on virgin paper production to meet the flourishing paper demand across various paper end-use sectors to drive the waste shredder market.

“Government regulation and industrialization support the market expansion”

With the growing industrialization and urbanization across Europe, the demand for waste shredder is increasing at an exponential rate. In addition, the growth of the waste shredder will be found in the growing markets of Europe such as Greece and Slovakia as they are emerging nations in Europe.

Furthermore, new laws and regulations are also implanted by the government, which further help the waste shredder industry to grow, and the initiatives by the government to increase the use of recycled waste such as metal, paper, and other waste for circular economy and sustainable development indirectly benefit the waste industry.

The government is thus making great efforts throughout Europe to manage waste which will continue to positively impact the market.

“High installation cost and maintenance hamper the growth of the market”

Installing a waste shredder needs significant upfront investment and substantial operating expenses, which hamper the market’s growth. It also needs a lot of upkeep and expertise, hence, a dearth of skilled workforce can be a potential challenge to the market’s growth.

Due to the high cost, only public agencies or large private companies can afford to buy and operate waste shredders, making it difficult for small organizations and NGOs to utilize waste shredder.

Furthermore, the material for shredding comes in a variety of sizes, the waste shredder machine might not provide the right orientation for the material. Additionally, maintaining sources of high power consumption can be challenging.

Country-wise Insights

“Demand outlook for waste shredder in France”

The demand for garbage shredders is increasing in economically developed countries like France. The government is installing trash shredder facilities for efficient waste management and recycling procedures since urbanization in France increases the volume of waste, which becomes a challenge for them.

The market for garbage shredders is in high demand since France has the third-largest economy in the European Union. Technical advancements, increased environmental awareness, and strong government regulations against the dumping of waste contribute to the growth of the market.

France holds a commanding position at the country-level accounting for roughly 17.0% of Europe’s waste shredder production in 2022. France’s market for waste shredder is expected to reach a valuation of US$ 57.8 million in 2033.

Why is the German waste shredder Market Expected to Be Highly Lucrative?

In Germany, a considerable amount of the garbage produced is recycled and composted, saving resources and preserving the environment. Germany is even on track to win the title of best in separating waste globally.

Furthermore, municipal waste covers a wide range of trash from paper to metal and adopted a series of strategies such as waste sorting policies, that favors the growth of the market.

The German waste shredder market is currently estimated at US$ 59.3 million and is expected to reach US$ 83.5 million by 2033.

Category-wise Insights

Medium-speed shredder demand outlook

The demand for medium-speed shredders is rising due to the readily available infrastructure and technology, and it is predicted that the market share will reach a value of 42.0% by 2023.

A rapidly growing demand for this series of machines is due to its secondary processing ability. As a result, the operator benefits greatly from the capacity to create a regulated product size in a single pass by saving time and fuel.

Furthermore, it is ideal for processing difficult materials such as wood waste, green trash, industrial waste, and other waste, and the control interface is user-friendly. Additionally, businesses such as furniture manufacturers or pallet manufacturers produce large amounts of waste wood, and utilization of these medium-speed shredders to create a fuel-quality product.

Waste recycling plants demand outlook

The demand for waste recycling plants in Europe will increase significantly by 2023. Waste recycling plants in an economically developed nation support environmental preservation and human health. Rapid industrialization and urbanization led to high consumption of plastic, metal, wood, and others which subsequently generates large amounts of waste in Europe.

For instance, the e-commerce industry produces a large amount of paper and cardboard waste, which might provide many opportunities for market participants. Furthermore, plastic recycling is expected to be driven by rising awareness of plastic pollution and sustainable waste management through multiple initiatives and programs.

Competitive Landscape

Prominent waste shredder manufacturers are Terex, Weima, BMM Technology, & UNTHA.

Manufacturers are concentrating on creating high-tech equipment to accelerate the process and increase their waste processing capacity to cater to the growing demand. Players are also concentrating on offering a variety of equipment that is necessary throughout the waste management process. Manufacturers ties with well-established distributors and suppliers to increase market sales.

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

Segmentation of waste shredder Industry Research

• By Shredding Speed :

  • Slow Speed Shredders
  • Medium Speed Shredders
  • High-Speed Shredders

• By Use Case :

  • Waste Recycling Plants
  • Plastic Production Plants
  • Paper Processing Plants
  • Metal Processing Plants
  • Others

• By Countries :

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