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Global Reverse Vending Machine (RVM) Market Growth 2023-2029

Global Reverse Vending Machine (RVM) Market Growth 2023-2029

Product Code:457205

Published Date: Feb 08,2023

Pages: 93

Region: Global

Category: Machinery & Equipment

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A reverse vending machine is a device that accepts used (empty) beverage containers and returns money to the user. The machines are popular in places that have mandatory recycling laws or container deposit legislation. In some places, bottlers paid funds into a centralized pool to be disbursed to people who recycled the containers. Any excess funds were to be used for general environmental clean-up.

LPI (LP Information)' newest research report, the “Reverse Vending Machine (RVM) Industry Forecast” looks at past sales and reviews total world Reverse Vending Machine (RVM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Reverse Vending Machine (RVM) sales for 2023 through 2029. With Reverse Vending Machine (RVM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Reverse Vending Machine (RVM) industry.

This Insight Report provides a comprehensive analysis of the global Reverse Vending Machine (RVM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Reverse Vending Machine (RVM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Reverse Vending Machine (RVM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Reverse Vending Machine (RVM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Reverse Vending Machine (RVM).

The global Reverse Vending Machine (RVM) market size is projected to grow from US$ 364.1 million in 2022 to US$ 448.1 million in 2029; it is expected to grow at a CAGR of 448.1 from 2023 to 2029.

Global reverse vending machine key players include Tomra, Diebold Nixdorf, Sielaff, Incom recycle, Envipco etc. Global top 1 manufacturer hold a share over 65%. 
Europe is the largest market, with a share over 65%, followed by United States and China, both have a share over 30% percent. 
In terms of product, non-refillable type is the largest segment, with a share over 60%. And in terms of application, the largest application is supermarkets followed by utilities.

This report presents a comprehensive overview, market shares, and growth opportunities of Reverse Vending Machine (RVM) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Non-Refillable Type
    Refillable Type
    Multifunction Type

Segmentation by application
    Supermarkets
    Communities
    Utilities

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Tomra
    Sielaff
    Diebold Nixdorf
    Envipco
    Incom Recycle
    RVM Systems AS
    Trautwein SB Technik Gmbh
    Kansmacker

Key Questions Addressed in this Report
What is the 10-year outlook for the global Reverse Vending Machine (RVM) market?
What factors are driving Reverse Vending Machine (RVM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Reverse Vending Machine (RVM) market opportunities vary by end market size?
How does Reverse Vending Machine (RVM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?