Global Reverse Vending Machine Market 2019 - Diebold Nixdorf, RVM Systems AS, Envipco, Kansmacker
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.
According to this study over the next five years the Reverse Vending Machine market will register a 10.5% CAGR in terms of revenue, the global market size will reach US$ 570 million by 2024, from US$ 310 million in 2019. Reverse Vending Machine business.
Apex Market Research, recently published a detailed market research study focused on the “Reverse Vending Machine Market 2019” across the global, regional and country level. Reverse Vending Machine Market Research Report highlights extensive market insights of the Reverse Vending Machine industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Reverse Vending Machine market for the forecast period. The study shares “Reverse Vending Machine” performance both in terms of volume and revenue.
Key Manufacturers Analysis of This Report
TRautwein SB Technik
RVM Systems AS
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The report exhibits Reverse Vending Machine market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Reverse Vending Machine production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Reverse Vending Machine Market based on major product types, application and end users industries of Reverse Vending Machine. Besides, the report also covers geographical segregation for Reverse Vending Machine Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
The competitive landscape of the global market for Reverse Vending Machine is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Reverse Vending Machine Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Reverse Vending Machine Market globally.
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The Global Reverse Vending Machine Market 2019 is further emphasis on the basis of product pricing, Reverse Vending Machine production volume, data pertaining to demand and Reverse Vending Machine supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Reverse Vending Machine along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Reverse Vending Machine across the globe.
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