Europe Waste Shredder Market
Europe Waste Shredder Market Analysis, By Shredding Speed (Slow Speed, Medium Speed, High-Speed Shredders), By Use Cases (Waste Recycling Plants, Plastic Production Plants, Paper Processing Plants, Metal Processing Plants), & By Region - Global Insights 2023 to 2033
Analysis of Europe Waste Shredder Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Waste Shredder Market Outlook (2023 to 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$ 321.0 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 to 2033) | 3.2% CAGR |
| Germany Market Share (2022) | ~26.0% |
| France Market Growth Rate (2023 to 2033) | ~3.8% CAGR |
| Italy Market Growth Rate (2023 to 2033) | ~2.4% CAGR |
| UK Market share (2022) | 19.0% |
| Key Companies Profiled | Terex; Weima; BMM Technology; UNTHA |
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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 to 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.
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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.
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Competitive landscape highlights only certain players
Complete list available upon request
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
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 Shredding Speed
- 7.1. Slow Speed Shredders
- 7.2. Medium Speed Shredders
- 7.3. High-Speed Shredders
- 8. Europe Market Analysis and Forecast, By Use Cases
- 8.1. Waste Recycling Plants
- 8.2. Plastic Production Plants
- 8.3. Paper Processing Plants
- 8.4. Metal Processing Plants
- 8.5. Others
- 9. Europe Market Analysis and Forecast, By Country
- 9.1. Germany
- 9.2. France
- 9.3. UK
- 9.4. BENELUX
- 9.5. NORDIC
- 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. Rest of Europe Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Terex
- 19.2. Weima
- 19.3. BMM Technology
- 19.4. UNTHA
- 19.5. Others
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01. Europe Market Value (US$ million) and Forecast by Country, 2018 to 2022
Table 02. Europe Market Value (US$ 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 (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 06. Europe Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 07. Europe Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 08. Europe Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 09. Europe Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 10. Europe Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 11. Europe Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 12. Europe Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 13. Germany Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 14. Germany Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 15. Germany Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 16. Germany Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 17. Germany Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 18. Germany Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 19. Germany Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 20. Germany Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 21. France Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 22. France Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 23. France Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 24. France Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 25. France Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 26. France Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 27. France Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 28. France Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 29. UK Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 30. UK Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 31. UK Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 32. UK Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 33. UK Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 34. UK Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 35. UK Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 36. UK Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 37. BENELUX Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 38. BENELUX Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 39. BENELUX Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 40. BENELUX Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 41. BENELUX Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 42. BENELUX Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 43. BENELUX Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 44. BENELUX Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 45. NORDICS Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 46. NORDICS Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 47. NORDICS Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 48. NORDICS Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 49. NORDICS Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 50. NORDICS Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 51. NORDICS Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 52. NORDICS Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 53. Italy Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 54. Italy Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 55. Italy Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 56. Italy Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 57. Italy Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 58. Italy Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 59. Italy Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 60. Italy Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 61. Spain Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 62. Spain Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 63. Spain Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 64. Spain Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 65. Spain Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 66. Spain Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 67. Spain Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 68. Spain Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
Table 69. Rest of Europe Market Value (US$ million) and Forecast By Shredding Speed, 2018 to 2022
Table 70. Rest of Europe Market Value (US$ million) and Forecast By Shredding Speed, 2023 to 2033
Table 71. Rest of Europe Market Volume (Units) and Forecast By Shredding Speed, 2018 to 2022
Table 72. Rest of Europe Market Volume (Units) and Forecast By Shredding Speed, 2023 to 2033
Table 73. Rest of Europe Market Value (US$ million) and Forecast By Use Cases, 2018 to 2022
Table 74. Rest of Europe Market Value (US$ million) and Forecast By Use Cases, 2023 to 2033
Table 75. Rest of Europe Market Volume (Units) and Forecast By Use Cases, 2018 to 2022
Table 76. Rest of Europe Market Volume (Units) and Forecast By Use Cases, 2023 to 2033
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List Of Figures
Figure 01. Europe Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 02. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Europe Market Value (US$ million) and Volume (Units) by Country, 2023 to 2033
Figure 04. Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 05. Europe Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 06. Europe Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 07. Europe Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 08. Europe Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 09. Germany Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 10. Germany Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11. Germany Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 12. Germany Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 13. Germany Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 14. Germany Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 15. Germany Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 16. Germany Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 17. France Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 18. France Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 19. France Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 20. France Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 21. France Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 22. France Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 23. France Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 24. France Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 25. UK Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 26. UK Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 27. UK Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 28. UK Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 29. UK Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 30. UK Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 31. UK Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 32. UK Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 33. BENELUX Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 34. BENELUX Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 35. BENELUX Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 36. BENELUX Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 37. BENELUX Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 38. BENELUX Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 39. BENELUX Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 40. BENELUX Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 41. NORDICS Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 42. NORDICS Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 43. NORDICS Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 44. NORDICS Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 45. NORDICS Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 46. NORDICS Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 47. NORDICS Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 48. NORDICS Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 49. Italy Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 50. Italy Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 51. Italy Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 52. Italy Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 53. Italy Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 54. Italy Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 55. Italy Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 56. Italy Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 57. Spain Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 58. Spain Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 59. Spain Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 60. Spain Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 61. Spain Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 62. Spain Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 63. Spain Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 64. Spain Market Attractiveness Analysis By Use Cases, 2023 to 2033
Figure 65. Rest of Europe Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 66. Rest of Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 67. Rest of Europe Market Value (US$ million) and Volume (Units) By Shredding Speed, 2023 to 2033
Figure 68. Rest of Europe Market Y-o-Y Growth Rate By Shredding Speed, 2023 to 2033
Figure 69. Rest of Europe Market Value (US$ million) and Volume (Units) By Use Cases, 2023 to 2033
Figure 70. Rest of Europe Market Y-o-Y Growth Rate By Use Cases, 2023 to 2033
Figure 71. Rest of Europe Market Attractiveness Analysis By Shredding Speed, 2023 to 2033
Figure 72. Rest of Europe Market Attractiveness Analysis By Use Cases, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How is the market for waste shredder expected to fare going forward?
Worldwide demand for waste shredder is anticipated to reach US$ 321.0 Million by 2033-end.
How did the market perform over the last few years?
During 2018 to 2023, sales of waste shredder increased at 2.8% CAGR.
Which country in the waste shredder market accounts for a leading market share?
Germany tops Europe waste shredder market accounting for 26.0% market share.
Which sub-segment holds the highest market share?
Plastic recycling plants account for a 48.0% share of Europe sales.
What is Europe waste shredder market size?
The Europe waste shredder market is valued at US$ 228.0 Million in 2022.
Europe Waste Shredder Market