Reverse Vending Machine Market, By Product Type (Automated Reverse Vending Machines, and Semi-Automated Reverse Vending Machines), By Material Type (Cans, Bottles, and Others), By End User (Retail Stores, Public Places, Educational Institutions, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Aug 2024

Code : CMI7284

Pages :160

Formats :

Excel and PDF

Industry : Industrial Automation and Machinery

Market Concentration and Competitive Landscape

Reverse Vending Machine Market Concentration By Players

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Increasing Government Regulations for Waste Reduction

With climate change looming large, governments worldwide are under mounting pressure to curb pollution and cutback on dumping of municipal solid waste. Stricter legislations around waste management and recycling targets have been put forth. While regulators are determined to meet sustainability objectives, they need active participation from citizens to achieve results. Reverse vending machines can be instrumental here by offering a regulated automated solution. Regulators are thus promoting the use of reverse vending to formalize the collection of recyclable packages within their jurisdictions. Deposit-refund schemes mandating refundable deposits on sold beverage containers are being paired with widespread installations of reverse vending machines. This ensures high returns are secured for reformulated containers in addition to tracking recycling rates.

With their ability to identity container types, reverse vending also enable regulators to monitor recycling streams. They provide analytics on material recovery trends that support policymaking. Non-compliant waste operators are declining as reverse vending bring transparency to recycling streams. To motivate adoption, several regions are offering subsidies to municipalities or retailers taking initiative for reverse vending integration. Compliance is set to rise further as new regulations tighten, expanding the market for reverse vending services and technology. While regulations may seem daunting to businesses, reverse vending presents an optimized means to satisfy such obligations, benefiting all stakeholders in the long run.

By Product Type Insights (Revenue, USD Mn, 2019 - 2031)
- Automated Reverse Vending Machines
- Semi-Automated Reverse Vending Machines
By Material Type Insights (Revenue, USD Mn, 2019 - 2031)
- Cans
- Bottles
- Others (Plastic, Glass, etc.)
By End User Insights (Revenue, USD Mn, 2019 - 2031)
- Retail Stores
- Public Places (Airports, Malls, Parks, etc.)
- Educational Institutions
- Others
By Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Aco Recycling
- Ake Environmental Technologies
- Diebold Nixdorf
- Endlos Innovations Private Limited
- Envipco Holding N.V.
- Kansmacker International
- RVM Systems AS
- Sielaff GmbH & Co. KG
- Tomra Systems ASA
- Teraoka Seiko Co. Ltd.
- Trautwein
- Veolia
- Zeleno