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Recycling Equipment Market
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Recycling Equipment Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2104003, Published - January 2025

Segmented in Waste Type (Waste Paper, Scrap Metal, Plastic, Electronic Waste), Technology (Thermal Recycling, Mechanical Recycling), Application and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Recycling Equipment Market Outlook

The market for recycling equipment is changing the landscape of waste management worldwide. The market, for Recycling equipment was estimated at $32.6 billion in 2024. It is anticipated to increase to $43.4 billion by 2030 with projections indicating a growth to around $55.1 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 4.9% over the forecast period. Playing a vital role, in creating a more sustainable future for all of us.


Recycling machinery includes paper balers and glass crushers well as advanced electronic waste recycling devices with features such as energy efficiency and strong construction that allow for increased processing capacities. All playing vital roles in the recycling process chain. The emergence of recycling equipment incorporating IoT and AI technologies has introduced a significant trend towards improved efficiency and accuracy while reducing the need for human involvement, in recycling operations.


Market Size Forecast & Key Insights

2019
$32.6B2024
2029
$52.5B2034

Absolute Growth Opportunity = $20.0B

The Recycling Equipment market is projected to grow from $32.6 billion in 2024 to $52.5 billion in 2034. This represents a CAGR of 4.9%, reflecting rising demand across Material Reclamation, Construction Waste Processing and E-Waste Management.

The Recycling Equipment market is set to add $20.0 billion between 2024 and 2034, with manufacturer targeting Scrap Metal & Plastic Waste Type projected to gain a larger market share.

With Rising environmental consciousness, and Technological advancements in recycling processes, Recycling Equipment market to expand 61% between 2024 and 2034.

Opportunities in the Recycling Equipment Market

Automation and AI Integration

As industries progress towards efficient practices embracing automation and AI in recycling machinery holds great promise, for the future.

Augmented Adoption in Small and Medium-Sized Enterprises and Expanding Applications in E-Waste Management

In the midst of the growing emphasis on eco initiatives, small and medium sized businesses are starting to realize the advantages of integrating recycling machinery into their processes. There is still a lot of untapped potential as numerous SMEs are not fully taking advantage of the cost savings and environmental perks. This indicates an opening, for recycling equipment suppliers to offer competitively priced machines that are simple to use and customized to suit the specific requirements of SMEs.

The increasing amount of devices being thrown away poses a major environmental issue while also creating a great chance for companies that recycle old equipment to thrive. This industry urgently requires cutting edge technology that can efficiently handle waste like phones, laptops and TVs. So creating recycling tools tailor made for extracting materials from e waste presents a promising opportunity, for growth.

Growth Opportunities in North America and Europe

Europe Outlook

In Europe's recycling equipment market is set to experience growth due to the strong support of government initiatives promoting waste management and recycling in countries such as the UK, Germany and France. Despite facing competition to that in North America companies like Danieli Centro Recycling and BHS Sonthofen GmbH have established solid positions. Potential avenues for growth lie, in enhancing operational efficiency and prioritizing sustainability efforts.

North America Outlook

North America has emerged as a figure in the recycling equipment industry thanks to the implementation of supportive government policies and substantial investments in technological advancements that promote environmental awareness and drive market expansion in the regions competitive landscape dominated by industry leaders like General Kinematics Corporation and Machinex Group. Opportunities for growth are found in prioritizing friendly and cost effective equipment solutions while incorporating cutting edge technologies such, as AI.

North America Outlook

North America has emerged as a figure in the recycling equipment industry thanks to the implementation of supportive government policies and substantial investments in technological advancements that promote environmental awareness and drive market expansion in the regions competitive landscape dominated by industry leaders like General Kinematics Corporation and Machinex Group. Opportunities for growth are found in prioritizing friendly and cost effective equipment solutions while incorporating cutting edge technologies such, as AI.

Europe Outlook

In Europe's recycling equipment market is set to experience growth due to the strong support of government initiatives promoting waste management and recycling in countries such as the UK, Germany and France. Despite facing competition to that in North America companies like Danieli Centro Recycling and BHS Sonthofen GmbH have established solid positions. Potential avenues for growth lie, in enhancing operational efficiency and prioritizing sustainability efforts.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, Germany, China, Japan, India are expected to grow at 3.4% to 4.5% CAGR

2

Emerging Markets : Indonesia, Nigeria, Chile are expected to grow at 5.4% to 6.9% CAGR

Market Analysis Chart

The market for recycling equipment experiences influence from various factors with a primary focus on the increasing global adoption of sustainable practices. Corporate and public interest in recycling has risen due to this trend resultantly driving up the demand for recycling equipment. Governments have also played a role by introducing initiatives to encourage recycling, for its advantages, further fuelinG market growth.

Recent Developments and Technological Advancement

December 2024

Metso Outotec has introduced its automated sorting systems aimed at improving efficiency, in waste recycling.

October 2024

A new line of recycling equipment tailored for managing waste was launched by BHS Sonthofe. This has caused quite a stir, in the market.

August 2024

Geocyle has embraced TOMRA Recyclings shredder technology leading to a substantial increase, in the recycling efficiency of industrial waste.

Lately the Recycling Equipment sector has seen changes with groundbreaking technological progress and changing market trends taking place. The incorporation of AI and automated technologies, in recycling equipment is a standout advancement aiming to enhance recycling operations and minimize drawbacks.

Impact of Industry Transitions on the Recycling Equipment Market

As a core segment of the Machinery Technology industry, the Recycling Equipment market develops in line with broader industry shifts. Over recent years, transitions such as Green Tech Adoption and Automation and Digitization have redefined priorities across the Machinery Technology sector, influencing how the Recycling Equipment market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Green Tech Adoption:

The market for recycling machinery is swiftly adjusting to the push, for sustainability and environmental awareness. This change is characterized by the creation and utilization of recycling devices that support eco practices. These advancements involve technologies that enhance energy efficiency and cut down carbon emissions while also enabling the recycling of an array of materials. Businesses that promptly adopt these developments are poised to stay in the competition while companies slow to adjust may find themselves falling behind in the industry.

2

Automation and Digitization:

One major shift in the recycling equipment sector involves the shift, towards automation and digitalization. Cutting edge equipment driven by intelligence and ML is taking over manual labor intensive tasks. These automated systems are proving to be more effective and frequently lead to cost reductions.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Machinery Technology industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Machinery Technology industry cascade into the Recycling Equipment market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Rising Environmental Consciousness, and Strict Government Regulations on Waste Disposal

The rising global awareness of issues has also led to a significant increase in the need, for recycling machinery worldwide.
Governments worldwide are also implementing regulations regarding waste disposal which is also prompting businesses to embrace efficient waste management methods. R ecycling machinery plays a role in these efforts and as a result the market, for such equipment is also witnessing significant growth.
The latest recycling machinery has also seen a transformation with the advancements in technology over time. Innovative features, like sensors and sorting systems powered by AI have also greatly improved the effectiveness of waste management processes. These developments are also encouraging an increasing number of businesses to upgrade their recycling equipment and fuel the expansion of the market.

Restraint: High Initial Investment Costs

One major challenge in the recycling equipment industry is the upfront expenses involved for businesses looking to invest in such technology. Some companies may struggle to rationalize these costs when theyre in their initial stages or working in regions with slim profit margins. The cost of recycling equipment can be quite steep. May not yield immediate profits hence causing hesitation, in committing to such a substantial investment. The significant expenses for upkeep and running and the requirement for workers to handle these devices contribute to the overall financial strain, on businesses and make them hesitant to invest in such machinery.

Challenge: Lack of Governance and Regulation

In some areas the insufficient regulations and oversight on recycling operations pose an obstacle, to the markets expansion.

Supply Chain Landscape

Raw Material Acquisition

Sims Metal Management

Schnitzer Steel Industries

Equipment Manufacturing

General Kinematics

CP Manufacturing

Distribution
Van Dyk Recycling Solutions / Doyle Machinery
End User Applications
Municipal Waste Management / Construction and Demolition / Automotive Industry
Raw Material Acquisition

Sims Metal Management

Schnitzer Steel Industries

Equipment Manufacturing

General Kinematics

CP Manufacturing

Distribution

Van Dyk Recycling Solutions

Doyle Machinery

End User Applications

Municipal Waste Management

Construction and Demolition

Automotive Industry

Banner LogoBanner Logo

Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Material Recovery Facilities
Waste Management
Bollegraaf Recycling Solutions
Automation and custom-made equipment solutions
Electronic Waste Disposal
Electronics
Eco Green Equipment
Use of advanced technologies for efficiency and safety
Automotive Recycling
Auto Industry
Eldan Recycling
Focus on innovation and ecological sustainability
Plastic Recycling
Plastics Industry
Vecoplan AG
Tailor-made solutions for various plastic waste materials

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Recycling Equipment market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Recycling Equipment in Material Reclamation, Construction Waste Processing and E-Waste Management

Material Reclamation

Recycling machinery is essential for materials by breaking down waste into its basic components, for producing new items. TOMRA and Buhler Group are industry players that have developed advanced machines to process various waste materials effectively. This helps in decreasing landfill waste and offering advantages.

Construction Waste Processing

The building industry sees advantages when using recycling machinery to handle construction site waste Crush and screening devices convert materials such, as concrete brick and asphalt debris into reusable materials Metso Outotec and KPI JCI stand out for their top notch crushers and screeners tailored to environmentally conscious construction projects

E-Waste Management

Using recycling machinery to manage and recycle waste is a unique approach in the industry, allowing for the recovery of valuable components like gold and copper from outdated electronic gadgets Shredders and separators play a vital role in this process Recognized companies such, as ERI and Sims Recycling Solutions take advantage of the increasing amount of e waste by providing extensive recycling services and solutions

Recycling Equipment vs. Substitutes:
Performance and Positioning Analysis

Recycling machinery provides eco waste management solutions that are more environmentally conscious than options like waste incineration which can be harmful to the environment. With the increasing emphasis placed today's society placed upon sustainability practices and environmental consciousness in mind y recycling equipment holds a market position and shows promising potential, for future growth prospects.

Recycling Equipment
  • Waste to Energy /
  • Bioremediation Systems /
  • Reuse /
  • Donation Programs
    High efficiency, cost-effectiveness
    High maintenance cost, requirement for skilled labor
    Lower operational cost, Environmental preservation
    Limited efficiency, Dependence on manual labor

Recycling Equipment vs. Substitutes:
Performance and Positioning Analysis

Recycling Equipment

  • High efficiency, cost-effectiveness
  • High maintenance cost, requirement for skilled labor

Waste to Energy / Bioremediation Systems / Reuse / Donation Programs

  • Lower operational cost, Environmental preservation
  • Limited efficiency, Dependence on manual labor

Recycling machinery provides eco waste management solutions that are more environmentally conscious than options like waste incineration which can be harmful to the environment. With the increasing emphasis placed today's society placed upon sustainability practices and environmental consciousness in mind y recycling equipment holds a market position and shows promising potential, for future growth prospects.

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Research Methodology

This market research methodology defines the Recycling Equipment market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Machinery Technology ecosystem, we analyze Recycling Equipment across Commercial and Industrial Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

DataString Database

Annual Reports / Industry Magazines / Country Level Ministerial Sources

Interviews of Industry Stake Holders

Prodcom / Census US / Statcan / e-stat Japan / ABS Australia / KOSIS Korea

• NAICS - Economic Statistics (US, Canada)

DnB / Factiva / Hoovers / Financial Reports

We benchmark competitors such as Machinex Industries Inc, Vecoplan AG, and Terex Corporation by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Acquisition, Equipment Manufacturing, and Distribution. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Machinery Technology revenues to estimate the Recycling Equipment segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Acquisition (Sims Metal Management, Schnitzer Steel Industries), Equipment Manufacturing (General Kinematics, CP Manufacturing), and Distribution. Our parallel substitute analysis examines Waste to Energy, Bioremediation Systems, and Reuse, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Machinex Industries Inc, Vecoplan AG, and Terex Corporation, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Recycling Equipment market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Recycling Equipment Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 34.2 billion
Revenue Forecast in 2034USD 52.5 billion
Growth RateCAGR of 4.9% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 202432.6 billion
Growth OpportunityUSD 20.0 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 202432.6 billion USD
Market Size 202737.6 billion USD
Market Size 202941.4 billion USD
Market Size 203043.4 billion USD
Market Size 203452.5 billion USD
Market Size 203555.1 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredWaste Type, Technology, Application
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledMachinex Industries Inc, Vecoplan AG, Terex Corporation, Bandit Industries, Inc, The CP Group, Advanced Equipment Sales, MSS Inc, Green Machine Sales LLC, General Kinematics, Construction Machinery Co. Ltd, Morbark LLC and Danieli Centro Recycling
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Recycling Equipment Market Size, Opportunities & Strategic Insights, by Waste Type

4.1Waste Paper
4.2Scrap Metal
4.3Plastic
4.4Electronic Waste
Chapter 5

Recycling Equipment Market Size, Opportunities & Strategic Insights, by Technology

5.1Thermal Recycling
5.2Mechanical Recycling
Chapter 6

Recycling Equipment Market Size, Opportunities & Strategic Insights, by Application

6.1Commercial
6.2Industrial
Chapter 7

Recycling Equipment Market, by Region

7.1North America Recycling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
7.1.1U.S.
7.1.2Canada
7.2Europe Recycling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
7.2.1Germany
7.2.2France
7.2.3UK
7.2.4Italy
7.2.5The Netherlands
7.2.6Rest of EU
7.3Asia Pacific Recycling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
7.3.1China
7.3.2Japan
7.3.3South Korea
7.3.4India
7.3.5Australia
7.3.6Thailand
7.3.7Rest of APAC
7.4Middle East & Africa Recycling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
7.4.1Saudi Arabia
7.4.2United Arab Emirates
7.4.3South Africa
7.4.4Rest of MEA
7.5Latin America Recycling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
7.5.1Brazil
7.5.2Mexico
7.5.3Rest of LA
7.6CIS Recycling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
7.6.1Russia
7.6.2Rest of CIS
Chapter 8

Competitive Landscape

8.1Competitive Dashboard & Market Share Analysis
8.2Company Profiles (Overview, Financials, Developments, SWOT)
8.2.1Machinex Industries Inc
8.2.2Vecoplan AG
8.2.3Terex Corporation
8.2.4Bandit Industries
8.2.5Inc
8.2.6The CP Group
8.2.7Advanced Equipment Sales
8.2.8MSS Inc
8.2.9Green Machine Sales LLC
8.2.10General Kinematics
8.2.11Construction Machinery Co. Ltd
8.2.12Morbark LLC
8.2.13Danieli Centro Recycling