Europe Refuse Compactor Vehicle Market
Europe Refuse Compactor Vehicle Market Size, Share Analysis, By Loader Type (Side Loader, Rear Loader, Satellite), By Body Capacity (Up to 6 Cubic Meter, Up to 12 Cubic Meter, Up to 18 Cubic Meter, & More than 18 Cubic Meter), and Country - Market Insights 2023 to 2033
Analysis of Europe Refuse Compactor Vehicle Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Europe Refuse Compactor Vehicle Market (2023 to 2033)
The Europe refuse compactor vehicle market is set to enjoy a valuation of US$ 98.5 Million in 2023 and further expand at a CAGR of 4.1% to reach US$ 147 Million by the end of 2033.
Refuse compactor vehicles are one of the most common garbage trucks in Europe. With incorporation of advanced integrative electric and hydraulic technologies the refuse compactor trucks are expected to gain at least 1% annual share in overall garbage trucks market in the forecast period.
| Report Attributes | Details |
|---|---|
| Market Size (2022A) | US$ 95 Million |
| Estimated Market Value (2023E) | US$ 98.5 Million |
| Forecasted Market Value (2033F) | US$ 147 Million |
| Europe Market Growth Rate (2023 to 2033) | 4.1% CAGR |
| Germany Market Share (2022) | ~ 26% |
| United Kingdom Market Growth Rate (2023 to 2033) | ~ 2.9% CAGR |
| Market Share of Top 5 Companies | ~ 16.2% |
| Key Companies Profiled | Bucher Municipal AG; Dongfeng Motor Corporation; Faun Umwelttechnik GmbH & Co. KG; Fulongma Group Co., Ltd.; Heil - An Environmental Solutions Group Company; Isuzu; Labrie Trucks; Pro Compactor; Mcneilus Truck And Manufacturing; Närpes Trä & Metall; OMB Technology S.P.A.; Orakci Machine; Rossi Oleodinamica S.R.L.; Shinmawya |
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Sales Analysis of Refuse Compactor Vehicle (2018 to 2022) Vs. Market Forecast Outlook (2023 to 2033)
The growing economies and amplifying population have caused a significant increase in our everyday waste production. This questioned the existing waste management efficiency in several ways, against which refuse compactor vehicles came to the rescue.
The evolving needs and geographies have changed the product industry over the historical period. However, the increased income and growth of urban areas have been the key drivers of the refuse compactor vehicles’ demand in Europe. Over the period of 2018 to 2022, the market expanded significantly reflecting a compound annual growth rate of 3.3%.
The garbage truck is the sole equipment of the waste hauler and the only means for government to improve the waste collection and management efficiency. Moving towards circular economy, government is heavily investing in waste management strategies and thus a lot of research is fueled on refuse compactor vehicles.
Hydrogen and electric hybrid powered refuse fleets are deployed on Europe streets as a step closer to CO2 emission reduction. Other advancements that reduce human exposure to life threatening waste and human efforts are also on the way. For instance, Volvo is developing technology with Renova to launch robot autonomous driving refuse compactor trucks that will enable waste haulers to operate with mere few levers.
Such advancements are expected to draw plethora of opportunities for the growth of refuse compactor vehicle market in Europe depicting an overall CAGR of 4.1% over 2023 to 2033.
- Short Term (2023 to 2026): Exhaustion of land resource for waste disposal and increasing attention of government into better waste management will drive the sales of refuse compactor trucks in the near term in Europe.
- Medium Term (2026 to 2029): Technological advancements that aid the functionality of the waste compactors and diversify its applications are expected to fetch higher revenues in medium term. Advancements like waste separation before compaction will be in focus to gear up the steps towards circular economy.
- Long Term (2029 to 2033): Sustainable and automated waste compactor trucks are projected to be the dominators in long run.
Over the 2018 to 2022 historical period, the Europe refuse compactor vehicle market registered a CAGR of 3.3%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.1% CAGR between 2023 and 2033.
Market share analysis of refuse compactor vehicle based on loader type and country is provided in a nutshell in the above image. Under the body capacity segment, up to 10 cubic meter sub-segment dominates with 67% market share in 2022.
What’s Driving the Demand for Refuse Compactor Vehicle?
“Regulatory Stringency and In-line Sustainable Developments in the Industry Will Propel the Market’’
European garbage trucks are known to dominate the world for more than a decade now. In an attempt to extend this dominance and promote the utmost development goal of Europe, the refuse compactor vehicles in the region are transforming to hydrogen-electric hybrid fuel source.
This development to combat the climate change has also overcome the range and capacity limitations of the fully electric refuse compactor trucks. The hydrogen-electric hybrid refuse trucks make no noise and demand refueling only once in two to three days.
Europe government is thrusting these advancements with increasing stringency on diesel fueled refuse compactor vehicles. In Netherlands, an agreement passed compensates renewable fuel sourced or emission free waste collection vehicles by 2025 and completely emission free vehicles by 2030. Such regulations are expected to push the research and adoption of sustainable refuse compactor vehicles.
“Increasing Population and Growing Urbanization Has Magnified the Need of Waste Management”
The population is multiplying at an enormous rate and increasing migration facilities and per capita disposable income has propelled urbanization equally in Europe. By 2050, 83.7% Europeans are expected to migrate to urban areas. This has caused a massive increase in waste production per square kilometer in the cities. Refuse compactor vehicles are thereby in high demand all across the Europe.
Side loaders and rear loaders are the most preferred refuse compactor trucks for waste management in residential areas owing to its convenient mobility in dense areas. Further, the advancements to boost the loading capacities of these loaders has significantly boosted its adoption propelling the overall refuse compactor vehicle market in the region.
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What Do Refuse Compactor Vehicle Manufacturers Need to Watch Out for?
“Product Cost is a Key Barrier to the Acceptance of Advanced Trucks”
Refuse compactor vehicle industry is witnessing tremendous growth over the years. Several advancements to upgrade the efficiency of the load and compaction and reduce human efforts have been made in the field. There has been significant progress in making the refuse trucks sustainable and emission free too, but these advancements come with a cost. The sustainable electric refuse compactor trucks cost double the ones powered by diesel. This is expected to be one of the key barrier in the otherwise linear growth of the market.
Country-wise Insights
Which Country will Lead the Refuse Compactor Vehicle Market Sales?
With efforts towards efficient waste management from both government and civils, Germany leads the sales of refuse compactor vehicles by accounting for more than 26% of the overall market value in 2022.
The urban population in Germany is on constant rise with more than 64 Million people living in urban areas as in 2022. This has been a prime reason for the increased demand of refuse compactor vehicles in Germany. Further, the projected economic developments are expected to pace the Germany refuse compactor vehicles market with a CAGR of 4.5% over 2023 to 2033.
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Category-wise Insights
What is Elating the Rear Loader Refuse Compactors’ Demand?
Rear loaders are predominantly used refuse compactors when talked about Europe. They are a resourceful solution with diverse garbage lifting mechanisms. The range from hanging bucket types, triangle bucket type, triangle bucket with hanging bucket type, large floor bucket to swing arm type structure has broadened its applications for trash collection at grass root level.
Moreover, with a lower installation height of hanging bucket lever, the maximum height that bucket reaches does not exceed the overall height of the truck. This makes it fit for residential areas with dense trees. Large floor buckets also become the sealing for rear compressor after loading. Further advancements are also possible with the rear loader and thus they are the most common refuse compactors on Europe roads.
How Body Capacity Preference for Refuse Compactor Vehicles molds in accordance with Geography?
Up to 12 cubic meter body capacity refuse compactor vehicles will lead the market by body capacity. This segment is expected to hold roughly 67% of the value market share of the Europe refuse compactor trucks market.
These garbage trucks are the most preferred ones as they require optimal turn radius that fits well for the dense residencies in urban areas at the same time offer standard load capacity for waste collection. The longer trucks will aid the growth but have limitations on squeezing into the non-straight routes and hence are more preferred for commercial uses and industrial site waste collection.
In the forecast years, the up to 12 cubic meter body capacity segment is expected to fare with a CAGR of 3.8% over 2023 to 2033.
Competitive Landscape
Isuzu, Shinmawya, Pro Compactor Bucher Municipal AG, Dongfeng Motor Corporation, Faun Umwelttechnik GmbH & Co. KG, Fulongma Group Co., Ltd., Heil - An Environmental Solutions Group Company, Labrie Trucks, Mcneilus Truck and Manufacturing, Närpes Trä & Metall, OMB Technology S.P.A., Orakci Machine and Rossi Oleodinamica S.R.L. are the key players in Europe refuse compactor vehicle market.
Technological innovation holds utmost importance in the refuse compactor industry. Until the last 5 years, the market was only attractive but highly opportunistic to the mid-level players and low-level automotive industry players, however recent advancements towards sustainable transformation of these vehicles have pulled in the global leaders like Volvo in the competition. Refuse compactor vehicles market hold significant growth opportunities in Europe in the forecast period under the influence of such leaders.
- In May 2022, hydrogen-powered refuse trucks fleet were deployed in Europe with a goal to reduce the CO2 emissions.
Fact.MR has provided detailed information about the price points of key manufacturers of Refuse Compactor Vehicle positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Refuse Compactor Vehicle Industry Research
-
By Loader Type :
- Side Loader
- Rear Loader
- Satellite
-
By Body Capacity :
- Up to 6 Cubic Meter
- Up to 12 Cubic Meter
- Up to 18 Cubic Meter
- More than 18 Cubic Meter
-
By Country :
- Germany
- France
- UK
- BENELUX
- Nordics
- Italy
- Spain
- Rest of Europe
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Europe Demand (Units) Analysis and Forecast
- 5. Europe Market - Pricing Analysis
- 6. Europe Market Value (US$ Million) Analysis and Forecast
- 7. Europe Market Analysis and Forecast, By Loader Type
- 7.1. Side Loader
- 7.2. Rear Loader
- 7.3. Satellite
- 8. Europe Market Analysis and Forecast, By Body Capacity
- 8.1. Up to 6 Cubic Meter
- 8.2. Up to 12 Cubic Meter
- 8.3. Up to 18 Cubic Meter
- 8.4. More than 18 Cubic Meter
- 9. Europe Market Analysis and Forecast, By Country
- 9.1. Germany
- 9.2. France
- 9.3. UK
- 9.4. BENELUX
- 9.5. Nordics
- 9.6. Italy
- 9.7. Spain
- 9.8. Rest of Europe
- 10. Germany Market Analysis and Forecast
- 11. France Market Analysis and Forecast
- 12. UK Market Analysis and Forecast
- 13. BENELUX Market Analysis and Forecast
- 14. Nordics Market Analysis and Forecast
- 15. Italy Market Analysis and Forecast
- 16. Spain Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Bucher Municipal AG
- 18.2. OMB Technology S.P.A.
- 18.3. Rossi Oleodinamica S.R.L.
- 18.4. Närpes Trä & Metall
- 18.5. Faun Umwelttechnik GmbH & Co. Kg
- 18.6. Mcneilus Truck And Manufacturing
- 18.7. Fulongma Group Co., Ltd.
- 18.8. Dongfeng Motor Corporation
- 18.9. Heil - An Environmental Solutions Group Company
- 18.10. Labrie Trucks
- 18.11. Orakci Machine
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01: Europe Market Value (USD Million) and Forecast by Country, 2018 to 2022
Table 02: Europe Market Value (USD Million) and Forecast by Country, 2023 to 2033
Table 03: Europe Market Volume (Units) and Forecast by Country, 2018 to 2022
Table 04: Europe Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 05: Europe Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 06: Europe Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 07: Europe Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 08: Europe Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 09: Europe Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 10: Europe Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 11: Europe Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 12: Europe Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 17: Germany Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 18: Germany Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 19: Germany Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 20: Germany Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 21: Germany Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 22: Germany Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 23: Germany Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 24: Germany Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 28: France Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 29: France Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 30: France Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 31: France Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 32: France Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 33: France Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 34: France Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 35: France Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 40: Europe Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 41: Europe Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 42: Europe Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 43: Europe Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 44: Europe Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 45: Europe Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 46: Europe Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 47: Europe Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 52: BENELUX Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 53: BENELUX Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 54: BENELUX Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 55: BENELUX Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 56: BENELUX Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 57: BENELUX Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 58: BENELUX Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 59: BENELUX Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 64: Nordics Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 65: Nordics Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 66: Nordics Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 67: Nordics Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 68: Nordics Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 69: Nordics Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 70: Nordics Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 71: Nordics Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 76: Italy Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 77: Italy Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 78: Italy Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 79: Italy Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 80: Italy Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 81: Italy Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 82: Italy Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 83: Italy Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
Table 88: Spain Market Value (USD Million) and Forecast by Loader Type, 2018 to 2022
Table 89: Spain Market Value (USD Million) and Forecast by Loader Type, 2023 to 2033
Table 90: Spain Market Volume (Units) and Forecast by Loader Type, 2018 to 2022
Table 91: Spain Market Volume (Units) and Forecast by Loader Type, 2023 to 2033
Table 92: Spain Market Value (USD Million) and Forecast by Body Capacity, 2018 to 2022
Table 93: Spain Market Value (USD Million) and Forecast by Body Capacity, 2023 to 2033
Table 94: Spain Market Volume (Units) and Forecast by Body Capacity, 2018 to 2022
Table 95: Spain Market Volume (Units) and Forecast by Body Capacity, 2023 to 2033
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List Of Figures
Figure 01: Europe Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 02: Europe Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 03: Europe Market Value (USD Million) and Volume (Units) by Country, 2023 & 2033
Figure 04: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 05: Europe Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 06: Europe Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 07: Europe Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 08: Europe Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 09: Germany Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 10: Germany Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 13: Germany Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 14: Germany Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 15: Germany Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 16: Germany Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 18: Germany Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 19: Germany Market Attractiveness Analysis by Body Capacity, 2023 to 2033
Figure 20: France Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 21: France Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 24: France Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 25: France Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 26: France Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 27: France Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 29: France Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 30: France Market Attractiveness Analysis by Body Capacity, 2023 to 2033
Figure 31: UK Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 32: UK Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 35: UK Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 36: UK Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 37: UK Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 38: UK Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 40: UK Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 41: UK Market Attractiveness Analysis by Body Capacity, 2023 to 2033
Figure 42: BENELUX Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 43: BENELUX Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 46: BENELUX Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 47: BENELUX Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 48: BENELUX Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 49: BENELUX Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 51: BENELUX Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 52: BENELUX Market Attractiveness Analysis by Body Capacity, 2023 to 2033
Figure 53: Nordics Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 54: Nordics Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 57: Nordics Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 58: Nordics Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 59: Nordics Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 60: Nordics Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 62: Nordics Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 63: Nordics Market Attractiveness Analysis by Body Capacity, 2023 to 2033
Figure 64: Italy Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 65: Italy Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 68: Italy Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 69: Italy Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 70: Italy Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 71: Italy Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 73: Italy Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 74: Italy Market Attractiveness Analysis by Body Capacity, 2023 to 2033
Figure 75: Spain Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 76: Spain Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 79: Spain Market Value (USD Million) and Volume (Units) by Loader Type, 2023 & 2033
Figure 80: Spain Market Y-o-Y Growth Rate by Loader Type, 2023 to 2033
Figure 81: Spain Market Value (USD Million) and Volume (Units) by Body Capacity, 2023 & 2033
Figure 82: Spain Market Y-o-Y Growth Rate by Body Capacity, 2023 to 2033
Figure 84: Spain Market Attractiveness Analysis by Loader Type, 2023 to 2033
Figure 85: Spain Market Attractiveness Analysis by Body Capacity, 2023 to 2033
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Competitive landscape highlights only certain players
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- FAQs -
What is the Europe refuse compactor vehicle market size?
The Europe refuse compactor vehicle market is anticipated to be valued at US$ 98.5 Million in 2023.
Which loader type holds the highest market share?
Rear loader type refuse compactor vehicle will account for roughly 65% share of Europe sales by the end of 2023.
Which country level refuse compactor vehicle market accounts for a leading market share?
Germany tops the Europe refuse compactor vehicle market and will account for more than 26% market share in 2033.
How is the market for Refuse Compactor Vehicle expected to fare going forward?
Worldwide demand for Refuse Compactor Vehicle is anticipated to reach US$ 147 Million by 2033-end.
How did the market perform over the last few years?
During 2018-2022, sales of refuse compactor vehicle increased at 3.3% CAGR.
Europe Refuse Compactor Vehicle Market