Reverse Vending Machine Market: Revenue Growth Predicted by 2025
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added Most up-to-date research on "Reverse
Vending Machine Market: Revenue Growth Predicted by 2025"
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This
report presents the worldwide Reverse Vending Machine market size
(value, production and consumption), splits the breakdown (data
status 2013-2018 and forecast to 2025), by manufacturers, region,
type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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 cleanup.
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Popularly
known as RVMs, 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 cleanup.
RVMs are developed to recover and dispose recycled products more effectively and are used for cost effective waste recycling and disposal. Effectively, RVMs helps to reduce landfills, increase recycling rates, avoids using virgin material for new products, lowers greenhouse gas emissions, reduces water usage and creates jobs. Revenue growth of overall RVM market is being driven by new installations and servicing of old machines. The Utilities in most developed countries have passed laws to promote reduction, reuse and recycling of waste that have further contributed to RVMs demand. RVM companies operate with two different business models. One is a sales model, where machines are sold to the food retail stores and the other is through lease model in which RVM companies maintains ownership of the installed machines and receives payment based on the number of containers handled by the machines.
Innovation and development of resource recycling projects has led to the increasing demand for reverse vending machine. Increasing resource recycling projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the reverse vending machine market during the forecast period.
RVMs are developed to recover and dispose recycled products more effectively and are used for cost effective waste recycling and disposal. Effectively, RVMs helps to reduce landfills, increase recycling rates, avoids using virgin material for new products, lowers greenhouse gas emissions, reduces water usage and creates jobs. Revenue growth of overall RVM market is being driven by new installations and servicing of old machines. The Utilities in most developed countries have passed laws to promote reduction, reuse and recycling of waste that have further contributed to RVMs demand. RVM companies operate with two different business models. One is a sales model, where machines are sold to the food retail stores and the other is through lease model in which RVM companies maintains ownership of the installed machines and receives payment based on the number of containers handled by the machines.
Innovation and development of resource recycling projects has led to the increasing demand for reverse vending machine. Increasing resource recycling projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the reverse vending machine market during the forecast period.
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With increased focus on environment protection, the reverse vending machine market is likely to witness a strong growth in coming years.
The Reverse Vending Machine market was valued at 310 Million US$ in 2017 and is projected to reach 690 Million US$ by 2025, at a CAGR of 10.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Reverse Vending Machine.
The following manufacturers are covered in this report:
Tomra
Incom recycle
TRautwein SB Technik
Diebold Nixdorf
RVM Systems AS
Envipco
Kansmacker
Reverse Vending Machine Breakdown Data by Type
Refillable type
Non-Refillable type
Multifunction type
Reverse Vending Machine Breakdown Data by Application
Supermarkets
Community
Utilities
Reverse Vending Machine Production by Region
United States
Europe
China
Japan
Other Regions
Reverse Vending Machine Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
With increased focus on environment protection, the reverse vending machine market is likely to witness a strong growth in coming years.
The Reverse Vending Machine market was valued at 310 Million US$ in 2017 and is projected to reach 690 Million US$ by 2025, at a CAGR of 10.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Reverse Vending Machine.
The following manufacturers are covered in this report:
Tomra
Incom recycle
TRautwein SB Technik
Diebold Nixdorf
RVM Systems AS
Envipco
Kansmacker
Reverse Vending Machine Breakdown Data by Type
Refillable type
Non-Refillable type
Multifunction type
Reverse Vending Machine Breakdown Data by Application
Supermarkets
Community
Utilities
Reverse Vending Machine Production by Region
United States
Europe
China
Japan
Other Regions
Reverse Vending Machine Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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