#Reverse Vending Machine Market CAGR

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Reverse Vending Machine Market Poised to Grow at a Steady Pace Due to Rising Focus on Recycling

The reverse vending machine market is anticipated to witness high growth owing to rising focus on effective waste management and recycling across various countries. A reverse vending machine is an automated machine that accepts used containers like plastic bottles, aluminum cans, and returns money or a voucher to the user. It allows easy collection and sorting of recyclable materials like plastic, glass, aluminum, and ensures high recovery rates. The growing environmental concerns and strict norms regarding the disposal of waste have boosted the deployment of reverse vending machines globally.

The Global Reverse Vending Machine Market is estimated to be valued at USD 468.2 Mn in 2024 and is expected to reach USD 701.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.94% from 2024 to 2031.

Reverse vending machines simplify the recycling process and encourage consumers to recycle through incentives like cash rewards or loyalty points. They play a vital role in effective waste management by collecting and sorting materials according to their type for easy recycling. The increasing instances of single-use plastic ban across nations will also propel the demand for reverse vending machines to encourage recycling. Key Takeaways Key players operating in the reverse vending machine market are 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, and Zeleno. Tomra Systems, a leading provider of sensor-based sorting solutions, has a strong presence in the reverse vending machine business and offers intelligent reverse vending machines for container recycling globally. Envipco operates in over 20 countries and provides customized reverse vending solutions to retailers and consumers. The recyclable packaging waste generated globally presents significant opportunities for Reverse Vending Machine Market Growth. According to estimates, more than 1.9 billion tons of recyclable waste is generated annually worldwide. Growing volumes of packaging waste coupled with regulations supporting its collection will drive the demand for reverse vending solutions. Major players are expanding their global footprint by offering customized reverse vending machines suitable for local recycling practices in different countries and regions. Market Drivers and Restraints Growing environmental regulations regarding plastic waste disposal is a key driver for the reverse vending machine market. Governments across countries are implementing strict norms to curb single-use plastics. For instance, the EU has imposed landfill and incineration bans on recyclable plastic packaging waste. This is anticipated to positively impact reverse vending machine demand. High initial investments associated with the procurement and installation of Reverse Vending Machine Companies can restrain market growth. Retrofitting and infrastructure upgrade requirements further add to the overall costs. Technical challenges during reverse vending machine operations related to material identification accuracy pose difficulties. This necessitates continual technology advancements to enrich sorting effectiveness and accuracy.

Segment Analysis The reverse vending machine market is dominated by the non-refundable segment as it accounts for the largest market share currently. This is due to the rising demand for effective recycling of PET bottles, aluminum cans, and other packaging that are non-refundable in nature. The non-refundable segment holds a significant portion of the total recyclable waste generated worldwide. Reverse vending machines facilitate the collection and recycling of non-refundable packaging items on a large scale at high volumes. Global Analysis The Europe region holds the largest share in the reverse vending machine market currently due to stringent regulations regarding waste collection and recycling. Countries like Germany, Norway, and Sweden have adopted reverse vending extensively to meet recycling targets. However, the Asia Pacific region is expected to witness the highest growth during the forecast period owing to rapid industrialization, rising environmental awareness, and implementation of regulatory policies in emerging economies such as India and China for effective waste management practices. The increasing focus toward reducing carbon footprint and promotion of circular economy initiatives will continue to drive the reverse vending machine market globally in the upcoming years.

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Retail Vending Machine Market Size, Share and Growth Opportunities to 2030

The global retail vending machine market size was valued at USD 51.91 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 10.7% from 2022 to 2030. 

Increasing demand for on-the-go snacks and beverages due to the hectic lifestyles of consumers is boosting product sales through vending machines. The industry growth can also be attributed to the ability of these machines to deliver goods quickly, making it an extremely convenient option for consumers. From offices to high-end restaurants and crowded bars to public places, accessing food & beverage items is made simple with a vending machine. This, in turn, is likely to drive their demand.

Gather more insights about the market drivers, restrains and growth of the Retail Vending Machine Market

The coronavirus pandemic has unfavorably influenced the consumer goods industry with lockdowns having an impact across the supply chain. The impact on food and beverage companies will likely be complex, influencing both the demand and supply. In contrast, a change in consumer behavior has been observed, generating demand for various consumer goods, wherein several consumers have switched between brands.

Simultaneously, manufacturers are deciding on how to handle potential disruption across the supply chain and are identifying areas to improve and meet consumer demand. Vending machine operators have witnessed the impact and a fall in revenue, especially in April 2020 as compared to 2019.

Sales through vending machines look promising as vending machines not just offer snacks and beverages but can also sell other consumables, such as cigarettes and lottery tickets. Hence, operators can generate significant revenue through these devices by strategically placing them in corporate buildings, schools, malls, train stations, and airports, among others. For instance, in August 2019, it was announced that over 1 million plastic bottles had been recycled through reverse vending machines in Iceland stores. The healthy lifestyle trend is becoming increasingly prominent across the globe on account of growing consumer awareness regarding healthy food and beverage options.

According to 2019 research by The Vending People, the sales of zero-sugar beverages surged by 38.2% from the first half of 2018 to the first half of 2019, in the U.K., while sales of high-sugar content beverages have seen the biggest drop. Sales of these drinks were down by 19.8% when compared to the same timespan the previous year. Low-calorie drinks outsold other beverages by 196%, showing that customers are looking for healthier alternatives.

Retail Vending Machine Market Segmentation

Grand View Research has segmented the global retail vending machine market report based on type, payment mode, application, and region:

Type Outlook (Revenue, USD Million, 2017 - 2030)

• Food

• Beverage

• Games/Amusement

• Tobacco

• Candy & Confectionery

• Beauty & Personal Care

• Ticket

• Others (Ice-cream Vending Machines, Pharmacy, Vending Machine, etc.)

Payment Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Cash

• Cashless

Application Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial Places

• Offices

• Public Places

• Others

Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

• Europe

• Asia Pacific

• Central & South America

• Middle East & Africa

Browse through Grand View Research's Electronic & Electrical Industry Research Reports.

• The global electronic soap dispenser market size was valued at USD 929.0 million in 2023 and is projected to grow at a CAGR of 7.4% from 2024 to 2030.

• The global smart toys market size was valued at USD 12.37 billion in 2023 and is expected to grow at a CAGR of 11.5% from 2024 to 2030.

Key Companies & Market Share Insights

Operators are adopting various strategies to maximize profit by being at the right location with the right products, sourcing products in bulk, investing in intelligent vending machines to gain consumer insights, and other ways. For instance, hot food and sandwich vending machines may do well in business environments, universities, and schools, while, in most public locations, hot drinks like coffee, tea, and hot chocolate have high demand. Industry players face intense competition from each other, as some of them operate at several locations and have large customer bases. The presence of many small-scale players is also leading to increased competition.

• In 2021, Coca-Cola Beverages Florida (Coke Florida) and Coca-Cola Co. teamed up to launch a new Reverse Vending Machine (RVM) at the University of Miami. The materials are crushed and sorted by type, then collected, treated, and prepared for re-use. The process ultimately reduces carbon emissions across the supply chain and supports Coca-Cola’s World Without Waste initiative to recycle a bottle or can sold by 2030

• In 2022, under the CSR initiative to curb carbon footprint, the Small Industries Development Bank of India (SIDBI) and the Dalit Indian Chamber of Commerce and Industries (DICCI) jointly announced the installation of 1,000 Plastic Reverse Vending Machines (RVMSs). The launch was announced under the ‘Swachh Delhi, Swavalambi Delhi’ initiative. The RVMs will be installed at as many public places like malls, metro stations, and parks as possible

• In 2021, the MENstruation Foundation, a nonprofit organization that fights “period poverty”, introduced a sanitary pad vending machine, the first in Africa. The pads are locally manufactured and compostable. The foundation says that it aims to reach at least 100 schools by 2022 and hopes to double that in the years to come. Support from the corporate sector-such as MTN, which has sponsored two machines-was crucial

Key players operating in the global retail vending machine market include:

• Azkoyen Group

• Cantaloupe Systems

• Westomatic Vending Services Limited

• Royal Vendors, Inc.

• Glory Ltd.

• Sanden Holding Corp.

• Seaga Manufacturing Inc.

• Orasesta S.p.A

• Sellmat s.r.l.

• Fuji Electric Co., Ltd.

Order a free sample PDF of the Retail Vending Machine Market Intelligence Study, published by Grand View Research. 

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Waste Management Equipment Know in Detail about the Global 5G Communication Market Analysis, Forecasts, and Overview and Market Development

The global waste management equipment market size was valued at $45,756.9 million in 2019, and is projected to reach $55,637.9 million by 2027, registering a CAGR of 4.1% from 2020 to 2027. Waste management equipment are used to transfer, collect, handle, and dispose waste in an effective manner. The waste recycling & sorting equipment are used to recycling or sorting waste materials. Waste management equipment are used to handle municipal, industrial, and hazardous waste properly.

The factors such as increase in urban population, surge in residential and non-residential construction, and rise in environmental awareness toward the industrial waste recycling drive the growth of the waste management equipment market. In addition, increase in urban population is expected to increase the amount of waste, which fuels the growth of the waste management equipment market. Further, according to the World Health Organization (WHO), the urban population globally is expected to grow by approximately 1.8% from 2015 to 2020. Moreover, an increase in environmental awareness toward industrial waste recycling is projected to cater to the growth of the global waste management equipment market.

The COVID-19 pandemic has forced many companies in the global waste management equipment market to halt their business operations to comply with new government regulations for curbing the spread of COVID-19. This stop in operations directly affects the sales of the global waste management equipment market. In addition, there is a shortage in raw material supply to the manufacturers of waste management equipment. Hence, stop in manufacturing activities and lockdowns for several months have affected the global waste management equipment market, with slow recovery anticipated during 2020–2027.

The waste recycling & soring equipment is sub-divided into conveyor systems, screeners, shredders, and others. The waste recycling sorting segment generated the highest revenue in 2019. Based on waste type, the market is divided into hazardous waste and non-hazardous waste. The hazardous waste segment is projected to grow at a significant CAGR during the forecast period. By application, the market is divided into industrial waste, municipal waste, and others. The industrial segment is projected to generate highest revenue during the study period. Region wise, the global waste management equipment market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Based on region, Asia-Pacific is expected to register fastest growth during the study period.

Competition Analysis

The key market players profiled in the waste management equipment industry report include Recycling Equipment Manufacturing, Inc, CP Manufacturing, Inc, Dover Corporation, Morita Holding Corporation, Tomra Systems ASA, Wastequip, LLC, Blue Group, KK Balers Ltd, Shred-Tech Corporation, and McNeilus Truck and Manufacturing, Inc.

The major players have adopted product launch as its key strategy to strengthen their market outreach and sustain the stiff competition in the market. For instance, in April 2020, HEIL, Inc, a subsidiary of Dover Corporation launched new HALF PACK Lowrider Front Loader. It is used to collect residential and commercial waste, and has a capacity of storing 4,150 pounds of waste material. Similarly, in February 2020, Torma Systems ASA launched new TORMA R1 Reverse Vending Machine in EuroShop Expo, Sweden. It has features such as recycling 100 empty drink containers at a time and is operated electronically.

Full Report With TOC:-https://www.alliedmarketresearch.com/waste-management-equipment-market-A07184

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The global reverse vending machine (RVM) market reached US$ 455 million in 2022 and is expected to grow at a CAGR of 5.5% over the forecast period of 2023-28. RVMs are specialized recycling equipment that accepts empty beverage bottles or cans in exchange for a reward or return for the customer. By providing a convenient and automated mechanism for collection, these devices are designed to promote and facilitate recycling.

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2020 Reverse Vending Machine Market Size 2020 by Top Key Players: Tomra, Incom recycle, TRautwein SB Technik, Diebold Nixdorf, RVM Systems AS, Envipco, Kansmacker

2020 Reverse Vending Machine Market Size 2020 by Top Key Players: Tomra, Incom recycle, TRautwein SB Technik, Diebold Nixdorf, RVM Systems AS, Envipco, Kansmacker

Chicago, United States, Jan 14, 2020 — The Global Reverse Vending Machine Marketreport offers a high-quality, accurate, and comprehensive research study to equip players with valuable insights for making strategic business choices. The research analysts have provided deep segmental analysis of the global Reverse Vending Machine market on the basis of type, application, and geography. The vendor…

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Africa Smart Vending Machine Market Trends, Insight, Outlook

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Africa smart vending machine market size to grow at an impressive CAGR of 13.6% during the forecast period between 2023 and 2029. Major growth factors for Africa smart vending machine market include increasing preference for cashless systems, rapid globalization alongside rising economic stability, an increase in retail outlets, rising adoption of reverse vending machines, rising demand for energy-efficient vending machines, rising profit margins, rising industrial development, and the need to complete faster and more efficient data processing are some of the major and significant factors that will accelerate the growth of cashless systems. On the other hand, an increasing number of government initiatives to encourage digitalization adoption, as well as rising investment levels for the development of internet of things infrastructure and various technological advancements, will contribute further by generating enormous opportunities that will fuel the growth of the smart vending machine market during the previously mentioned projected timeframe.

Africa Smart Vending Machine Market – Overview

When coins or tokens are inserted into a vending machine, it releases the items that are kept inside in exchange. A sophisticated vending machine known as a smart or intelligent vending machine engages customers through touch-screen controls, video, scent, audio, gesture-based interaction, and cashless payment in addition to dispensing goods. Typically, packaged food, beverages, and tobacco products are distributed by smart vending machines. The market for smart vending machines develops based on consumers' shifting preferences, inclinations, and fascination. The goal of manufacturers in the smart vending machine market is to create novel forms of machine-human interaction. This has led to the addition of new gesture-based technologies, touchscreen controls, video technologies, and cashless payment options. Smart vending machines, a growing platform for product promotion, are also focused on improving the overall dispensing experience.

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Growth Drivers

New Public Transportation Options, Growing Tourism, Evolving Consumer Preferences

The evolving preferences, proclivities, and curiosity of consumers are what propel the development of the intelligent machine industry. Innovative approaches to human-machine interaction are what manufacturers of intelligent vending machines are aiming for. New gesture-based technology, touchscreen controls, video technologies, and a cashless payment system have all been made possible as a result. Smart vending machines are interested in enhancing the overall dispensing experience in addition to being an increasingly popular platform for product promotion. To improve commuters' travel experiences, smart vending machines are being installed in public transportation, including buses and trains. This is because there are more options for travel and commuter options, which helps the market for smart vending machines.

Challenge: Stringent Regulation and High Production Costs

Rising regulations governing the sale of snacks in public places, such as schools and a ban on potentially harmful confectionery items such as cigarettes and tobacco, are expected to limit the market growth. The cost of developing and deploying these devices has an impact on vendor interest.

Impact of COVID-19 on Africa smart vending machine Market

Due to the pandemic, business players must be more vigilant and forward-thinking to stay ahead of the competition. Significant changes in the supply chain for smart vending machines as a result of COVID-19, as well as changes in consumer behavior. Because the economic and social effects of COVID vary greatly between markets and countries, smart vending machine market participants are developing country-specific strategies.

Africa smart vending machine Market – By Technology

The Africa smart vending machine market is segmented by technology into Cashless Systems, Telemetry Systems, and Voice Recognition. The push for cashless payments significantly increases the use of intelligent vending machines. IoT network advancements have benefited the retail industry, opening up new opportunities for players in the intelligent vending machine market. The remote management of intelligent vending machines is a key proposition for retailers across the country.

Competitive Landscape

Major companies in Africa smart vending machine market include ECOM Agro-industrial Corporation Ltd, Automated Merchandising Systems, Fuji Oil Company, Ltd., Barry Callebaut AG, Olam International, and Cargill. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Africa smart vending machine market.

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Global Reverse Vending Machine Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

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.

Global Reverse Vending Machine key players include Tomra, Diebold Nixdorf, Sielaff, Incom recycle, Envipco etc. Global top five manufacturers hold a share over 70%.

Europe is the largest market, with a share over 80%, followed by United States and China, both have a share over 8% percent.

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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 Communities.

Market Analysis and Insights: Global Reverse Vending Machine Market

In 2020, the global Reverse Vending Machine market size was US$ 270.1 million and it is expected to reach US$ 330.2 million by the end of 2027, with a CAGR of 2.9% during 2021-2027.

Global Reverse Vending Machine Scope and Market Size

Reverse Vending Machine market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Reverse Vending Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Reverse Vending Machine market is segmented into

Non-Refillable Type

Refillable Type

Multifunction Type

Segment by Application, the Reverse Vending Machine market is segmented into

Supermarkets

Community

Utilities

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Reverse Vending Machine Market Share Analysis

Reverse Vending Machine market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Reverse Vending Machine product introduction, recent developments, Reverse Vending Machine sales by region, type, application and by sales channel.

The major companies include:

Tomra

Diebold Nixdorf

Sielaff

Incom recycle

Envipco

Trautwein SB Technik Gmbh

RVM Systems AS

Kansmacker

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Table of content

1 Study Coverage 1.1 Reverse Vending Machine Product Introduction 1.2 Market by Type 1.2.1 Global Reverse Vending Machine Market Size Growth Rate by Type 1.2.2 Non-Refillable Type 1.2.3 Refillable Type 1.2.4 Multifunction Type 1.3 Market by Application 1.3.1 Global Reverse Vending Machine Market Size Growth Rate by Application 1.3.2 Supermarkets 1.3.3 Community 1.3.4 Utilities 1.4 Study Objectives 1.5 Years Considered 2 Executive Summary 2.1 Global Reverse Vending Machine Market Size Estimates and Forecasts 2.1.1 Global Reverse Vending Machine Revenue 2016-2027 2.1.2 Global Reverse Vending Machine Sales 2016-2027 2.2 Reverse Vending Machine Market Size by Region: 2021 Versus 2027 2.3 Reverse Vending Machine Sales by Region (2016-2027) 2.3.1 Global Reverse Vending Machine Sales by Region: 2016-2021 2.3.2 Global Reverse Vending Machine Sales Forecast by Region (2022-2027) 2.3.3 Global Reverse Vending Machine Sales Market Share by Region (2016-2027) 2.4 Reverse Vending Machine Market Estimates and Projections by Region (2022-2027) 2.4.1 Global Reverse Vending Machine Revenue by Region: 2016-2021 2.4.2 Global Reverse Vending Machine Revenue Forecast by Region (2022-2027) 2.4.3 Global Reverse Vending Machine Revenue Market Share by Region (2016-2027) 3 Global Reverse Vending Machine by Man

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Global  Retail Logistics Market Key Geographies, Key Players and Target Audience 2020-2026

Summary - A new market study, titled “Global Retail Logistics Market by Type (Conventional Retail Logistics and E-Commerce Retail Logistics), By Solutions (Commerce enablement, Supply Chain Solutions, Reverse logistics & liquidation and Transportation Management), By Mode of Transport (Railways, Airways, Roadways and Waterways), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)”has been featured on WiseGuyReports.

Global Retail Logistics market projected to promulgate due to the rise in global trade activities in developing nations and development in logistics infrastructure across the globe

Also Read: https://www.newsmaker.com.au/news/378998/retail-logistics-market-2020-competitors-analysis-overview-growing-trends-and-business-opportunities-by-2025#.X2DMF5dR3IU

The global retail logistics market projected to grow at a CAGR of over 11.29% during the forecast period 2020–2027. The primary factors are the growing adoption of multimodal transportation, along with the rise in international retailing. Additionally, the surge in multimodal transportation owing to its benefits such as the decrease in cargo-handling time, reduction in customs controls, decreased costs per vehicle, and the requirement of just one contract is expected to drive the global retail logistics market size. Moreover, the Innovative last-mile delivery mechanisms in the retail e-commerce market will accelerate the retail logistics industry in the forecast span. Also, the emergence of IoT in the supply chain, thus improving customer satisfaction levels and connects various technical devices through sensors installed on these devices. It also enables procuring real-time information of various critical parameters such as temperature, filing rate, etc. will demand retail logistics in the near future.

In the face of the advent of the intelligent era, including things like intelligent distribution robots and automatic goods and new technologies such as sorting systems and intelligent customer service will open a new era of smart logistics. At the same time, in response to the impact of e-commerce, in addition to the gradual development of online shopping, mass transit stores have also become internal operation modes. Furthermore, the increasing globalization, along with the rise in international retailing through improvement in their economy as the import and export of goods lead to augmented tax revenue is anticipated to foster the growth of the global retail logistics industry. The enrichment of retail formats, companies now not only have to manage traditional distribution channel systems, but also manage emerging businesses such as B2C e-commerce, B2B wholesale distribution, O2O, self-service vending machines, and unmanned stores.

Type Overview in the Global Retail Logistics Market

Based on type, the global retail logistics market classified into Conventional Retail Logistics and E-Commerce Retail Logistics. The E-Commerce Retail Logistics will be the fastest-growing segment in the forecast period. It is owing to the surge in internet penetration that is on the rise and mobile technology along with increasing disposable income, growing usage of credit and debit cards, lower mobile tariffs, and swelling smartphone usage across the developing nations.

Solution Overview in the Global Retail Logistics market

Based on the solution, the global retail logistics market segregated into commerce enablement, supply chain solutions, reverse logistics & liquidation, and transportation management. The supply chain solutions witnessed the largest market share in 2019 and will dominate by 2027. It is on account of supply chain help in optimizing omnichannel operations, enable on-time delivery, and effectively process customer returns and personalize kitting and order fulfillment.

Mode of Transport Overview in the Global Retail Logistics Market

Based on the mode of transport, the global retail logistics market classified into Railways, Airways, Roadways, and Waterways. The railways' segment projected to lead the market by 2027. It is due to the railways help in provide versatility, high carrying capacity, and speed, making it a great option.

Regional Overview in the Global Retail Logistics Market

By geography, the Global Retail Logistics Market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific held a higher market share in 2019 and will continue its dominance by 2027. It is attributable to increasing adoption of logistics in the retail sector along with the rise of mobile technology, the rapid pace of urbanization, and growing disposable income.

Global Retail Logistics Market: Competitive Landscape

Companies such as C.H. Robinson Worldwide, Inc., Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., J.B. Hunt Transport Services Inc., Kuehne + Nagel International AG, Penske Truck Leasing Co. LP, Ryder System Inc. The Maersk group, United Parcel Service, Inc., XPO Logistics Inc., and Panalpina are the key players in the Global Retail Logistics Market.

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Reverse Vending Machine Outlook, Geographical Segmentation, Industry Size & Share, Comprehensive Analysis to 2031

The global reverse vending machine market size was valued at $372.0 million in 2020, and is expected to reach $736.9 million by 2030, with a CAGR of 6.6% from 2021 to 2030.

Reverse vending machine also called as automated recycling machine. Reverse vending machine can be used by consumers to return their empty food containers and drink containers and receive rewards such as cash or refund. Reverse vending machine offers an alternative way to recycle bottled containers in convenient and efficient manner. It is used in various places such as shopping complexes, airports, municipal, and metro stations. Increase in disposable income of individuals, which in turn, rise in spending on food and beverages, which is expected to rise in demand for more reverse vending machine for waste collection effectively, which fuels the growth of the global reverse vending machine. For instance, the disposable income of South African population grew by 5.7% from 4th quarter (September-December) 2018 to 4th quarter (September-December) 2020.

The management of waste has emerged as a severe problem due to environmental policy, owing to massive quantities of waste generated every day due to growth in population. An increase in the urban population is expected to drive the global reverse vending machine market growth. For instance, by 2025, the urban population is expected to reach 4.3 billion, generating around 1.42 kg/capita/day of municipal solid waste, which is expected to rise in demand for reverse vending machines and fuels the growth of the global market.

A government initiative to launch reverse vending machine for airport, metro stations, and railway stations for effective waste management practices, which fuels the growth of the global reverse vending machine market. For instance, Glassglow Airport launched reverse vending machine for effective waste management. This machine can accepts 650 cans, and 320 plastic bottles, which offered by waste management partner company Biffa Plc.

Region wise, the global reverse vending machine market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Spain, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global reverse vending machine market share, and is anticipated to secure a leading position during the forecast period.

Competition Analysis:

Key players profiled in this report include Sielaff GmbH & CO KG, Ake Environmental Technologies, Envipco Holding N.V., Endlos Innovations Private Limited, Tomra Sorting GmbH, Diebold Nixdorf, RVM Systems, Aco Recycling, Kansmacker Mfg, and Teraoka Seiko Co Ltd.

Full Report With TOC:-https://www.alliedmarketresearch.com/reverse-vending-machine-market-A12784

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Reverse Vending Machine Market Progresses for Huge Profits During 2018-2027

The amount of untreated waste has increased at an alarming rate creating significant demand for various recycling solutions such as reverse vending machines. Reverse vending machines (RVMs) are employed to dispose and recover recycled products more effectively are used for cost effective waste disposal and recycling. These machines have automated systems used to collect and sort used containers and dispense cash incentive in return based on the quantity. RVMs help encourage recycling, reduce landfills, lower greenhouse emissions, and avoid the use of virgin materials for new products. These machines have various advanced features such as huge storage capacity, UPC scanner, and horizontal in-feed system.

Increasing amount of waste has created critical issues regarding their disposal due to limited number of landfills, therefore it is pivotal to adopt recycling to manage waste effectively. The current manual recycling method is discouraging as users are required to collect the waste in bulk. Therefore, the reverse vending machine is used in varied applications which provides refund to customer by identifying the amount for each container. The revenue growth of the global reverse vending market is driven by new installations and servicing of older machines. The government has passed new regulations to promote the reuse, reduce, and recycle waste. This is anticipated to propel the demand for reverse vending machine demand during the forecast period.

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The reverse vending machine market can be categorized as a broader industry for waste sorting, gathering, and recycling. The service amount depends upon the machine’s volume and age, wherein higher volume machines require longer servicing cycles. Technological advancements in reverse vending machines such as video recognition systems, touch panels, and smart card vouchers is expected to enhance the user experience. This, in turn, is anticipated to propel the market.

The reverse vending machine market can be segmented based on product type, machine use, capacity, end-use, and regions. In terms of product type, the market can be divided into metal recycling, plastic bottle recycling, and multifunction recycling. Based on machine use, the reverse vending machine market can be classified into commercial, industrial, and residential. In terms of capacity, the market can be categorized into less than 200 (cans or bottles), 200 – 300 (cans or bottles), 300 – 600 (cans or bottles), and more than 600 (cans or bottles). Based on end-use, the market can be segmented into distributors, retailers, municipalities, and beverage industries.

In terms of geography, the reverse vending machine market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market as the region has stable demand for reverse vending machine from government, retailer, and beverage industries. The market in Asia Pacific is expected to expand at a significant CAGR from 2017 to 2025 due to the expansion of the food service industry.

The prominent vendors of the reverse vending machine market include Wincor Nixdorf, Holdings N.V, Repant ASA, Tomra Systems ASA, Envipco Holdings N.V., Aco Recycling, N&W Global Vending Group, and Spengler GMBH & Co KG. The RVM companies operate with two business models. The first business model is the sales model, which consists of machines that are being sold to retail stores. The second business model is the leasing model, in which the reverse vending machines maintains the ownership of the installed RVM and receives payments based on the numbers of containers handled by the machine. The RVM industry is consolidated with top three to four companies accounting for a major share of the market.

The industry vendors are strategically focusing on increasing their global footprint by adding different technologies to the RVMs. For instance, in February 2017, Tomra has introduced smart reverse vending machines which is equipped with Internet of Things (IoT) for providing different benefits to the customers which include points program, notifications, and marketing and donation benefits.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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A complete backdrop analysis, which includes an assessment of the parent market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and projected size of the market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging niche segments and regional markets

An objective assessment of the trajectory of the market

Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps

Insights and Tools based on data-driven research

Actionable Results to meet all the business priorities

Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Reverse Vending Machine Market to Witness Robust Expansion by 2026

The New research report focuses on  Reverse Vending Machine Market 2020  , delivers a detailed analysis of the market and future prospects of the Global Reverse Vending Machine market. The critical and significant data in the study makes the research a very important tool for experts, analysts and managers to get ready-to-access analysis by the industry professionals. The Global Reverse Vending Machine Market report provides a complete analysis of the Reverse Vending Machine Market Size and development forecast from 2020-2026. These reports also include complete information of main Manufacturers/Suppliers of Global Reverse Vending Machine around the world and market share by various regions, with the company and product introduction and their position in the Global Reverse Vending Machine Market. The report examines the Global Reverse Vending Machine market keeping in mind the current growth & development, industry chain, import & export info of the Global Reverse Vending Machine market, and supply & demand of Global Reverse Vending Machine. This report also includes the cost and profit status of Global Reverse Vending Machine and marketing status, Market growth drivers and challenges in this Market. Ask and Download Sample of Global Reverse Vending Machine Market Report:– @ https://www.acquiremarketresearch.com/sample-request/274267/ In this report,the reverse vending machine is expected to grow at a CAGR of 10.47% from 290.03 M USD in 2016 to reach 527.18 M USD by 2022 in global market. 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. On the basis of product, the Reverse Vending Machine market is primarily split into Refillable type, Non-Refillable type and Multifunction type, and the proportion of Non-Refillable type in 2016 was about 71.6%. On the basis of applications, this report covers Supermarkets, Community and Utilities. The reverse vending machine is mainly used for upermarkets, Community and Utilities. And Supermarket was the most widely used which takes up about 58.8% of the global market in 2016.

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Top Companies in Worldwide Global Reverse Vending Machine Market are as follows:- Tomra, Incom recycle, TRautwein SB Technik, Diebold Nixdorf, RVM Systems AS, Envipco, Kansmacker. Classification Analysis (Production, Revenue, Price, Market Share and Growth Rate) –Non-Refillable type, Multifunction type Application Analysis (Consumption, Market Share and Growth Rate) –Non-Refillable type, Multifunction type

Read Table of Content of Reverse Vending Machine Market at @ https://www.acquiremarketresearch.com/industry-reports/reverse-vending-machine-market/274267/

The Global Reverse Vending Machine market report sheds light on the latest technological developments, upcoming business opportunities, market restraining factors, threats to offer a perfect acumen for an in-depth market study. It also deals with the region-wise industrial environment, regulatory structure, competitive landscape, raw material resources that might influence the Global Reverse Vending Machine industry.

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Be the Santa of your Happy Business! There are 15 Chapters to display the Global Reverse Vending Machine market:- Chapter 1: Definition, Specifications and Classification of Global Reverse Vending Machine, Applications of Global Reverse Vending Machine, Market Segment by Regions Chapter 2: Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure Chapter 3: Technical Data and Manufacturing Analysis of Global Reverse Vending Machine, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis Chapter 4: Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment) Chapter 5 and 6: Regional Market that includes North America, Europe, Asia-Pacific, Middle East, Africa, Central America and Rest of the World, Global Reverse Vending Machine Segment Market Analysis (by Type) Chapter 7 and 8: Global Reverse Vending Machine Segment Market Analysis (by Application) Major Manufacturers Analysis of Global Reverse Vending Machine Chapter 9: Market Trend Analysis, Regional Market Trend, Market Trend by Non-Refillable type, Multifunction type Chapter 10: Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis Chapter 11: Consumers Analysis of Global Reverse Vending Machine Chapter 12: Global Reverse Vending Machine Research Findings and Conclusion, Appendix, methodology and data source; Chapters 13, 14 and 15: Global Reverse Vending Machine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source. Ask for discounts @ https://www.acquiremarketresearch.com/discount-request/274267/ If you have any customized requirements regarding Global Reverse Vending Machine, we will be happy to include this to enrich the final study and We will offer Competitors shares, Regional Analysis, Product Analysis as per your choice also.

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Global Reverse Vending Machine Market 2019 Cost Analysis, Profits and Gross Margin Analysis with Its Important by Types and Application 2026

Industry Overview of the Reverse Vending Machine: The’Reverse Vending Machine Market’research added by Acquire Market Research, is essentially an exhaustive review of present and future trends of this business sphere. The report also collates a concise outline of industry share contenders, market share, market size in terms of value and volume, distribution channel, and geographical spectrum along with revenue predictions of the industry landscape. In this report, the reverse vending machine is expected to grow at a CAGR of 10.47% from 290.03 M USD in 2016 to reach 527.18 M USD by 2022 in the global market.

On the basis of product, the Reverse Vending Machine market is primarily split into Refillable type, Non-Refillable type, and Multifunction type, and the proportion of Non-Refillable type in 2016 was about 71.6%.

On the basis of applications, this report covers Supermarkets, Community and Utilities.The reverse vending machine is mainly used for supermarkets, Community, and Utilities. And Supermarket was the most widely used which takes up about 58.8% of the global market in 2016. The major players in the global Reverse Vending Machine market include Tamara, Incom recycles, Trautwein SB Technik, Diebold Nixdorf, RVM Systems AS, Envipco and Kansmacker. The reverse vending machine market is a very concentrated market; the revenue of the top six manufacturers accounted for about 85% of the total revenue in 2016. Europe was the largest sales place, with revenue market share nearly 83.4% in 2016. The Asia Pacific and North America are also important sales regions for the reverse vending machines. Request a Sample Copy of Report: https://www.acquiremarketresearch.com/sample-request/274267/ The readers will find this report very helpful in understanding the Reverse Vending Machine market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better. Manufacturer Detail: Tomra, Incom recycle, TRautwein SB Technik, Diebold Nixdorf, RVM Systems AS, Envipco, Kansmacker Product Type Segmentation: Non-Refillable type, Multifunction type Industry Segmentation: Non-Refillable type, Multifunction type The global Reverse Vending Machine market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares for global, Europe, North America, Asia Pacific, and South America. Reverse Vending Machine Market Competitive Analysis: The Reverse Vending Machine Industry is intensely competitive and fragmented because of the presence of several established players participating in various marketing strategies to expand their market share. The vendors available in the market compete centered on price, quality, brand, product differentiation, and product portfolio. The vendors are increasingly emphasizing product customization through customer interaction. Click Here To Get Exclusive Discount @https://www.acquiremarketresearch.com/discount-request/274267/

Key Reasons to Purchase Reverse Vending Machine Report: -To gain insightful analyses of the Keyword market and have a comprehensive understanding of the global market and its commercial landscape. - Keyword Report assesses the production processes, major issues, and solutions to mitigate the development risk. - To understand the most affecting driving and restraining forces in the Keyword market and its impact on the global market. - Learn about the Keyword market strategies that are being adopted by leading respective organizations. - To understand the future outlook and prospects for the Keyword market. Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.acquiremarketresearch.com/industry-reports/reverse-vending-machine-market/274267/ At last, It includes the methodical description of the various factors such as the Reverse Vending Machine market growth and detailed information about the different company’s revenue, growth, technological developments, production, and the various other strategic developments. If you have any special requirements, please let us know and we will offer you the report as you want.

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Innovative Report on Reverse Vending Machine Market with Competitive Analysis, New Business Developments and Top Companies, Forecast to 2026

”Reverse Vending Machine market” includes investigations based on Current scenarios, Historical records, and future predictions. An accurate data of various aspects such as Type, Size, Application, and end-user have been scrutinized in this research report. It presents a 360-degree overview of the competitive landscape of the industries. SWOT analysis has been used to understand the Strength, Weaknesses, Business Opportunities, and threats in front of the businesses. Thus, helping the companies to understand the threats and challenges in front of the businesses. Reverse Vending Machine Market is showing steady growth and CAGR is expected to improve during the forecast period. In this report, the reverse vending machine is expected to grow at a CAGR of 10.47% from 290.03 M USD in 2016 to reach 527.18 M USD by 2026 in the global market. 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.On the basis of product, the Reverse Vending Machine market is primarily split into Refillable type, Non-Refillable type, and Multifunction type, and the proportion of Non-Refillable type in 2016 was about 71.6%.   Get a Sample PDF Report: https://www.acquiremarketresearch.com/sample-request/274267/ Manufacturer Detail:  Tomra, Incom recycle, TRautwein SB Technik, Diebold Nixdorf, RVM Systems AS, Envipco, Kansmacker Product Type Segmentation:  Non-Refillable type, Multifunction type Industry Segmentation:  Non-Refillable type, Multifunction type The report begins with a scope of the global Reverse Vending Machine Market that includes the key findings and essential statistics of the market. This market research report also consists of the market value of the major segments of the global Reverse Vending Machine Market. Acquire Market Research has found a detailed classification and the definition of the global market that helps the readers to better understand the basic information of the Reverse Vending Machine Market. It also highlights the exclusions and inclusions that help the client to understand the scope of the Reverse Vending Machine Market. The report gives a synopsis of key investigations, advertise development rate, focused scene, market driver and their key strategies, market trends, market volume and value production by region as well as information related to import and export, production, revenue, and key players of all regional markets studied. To Get This Report At Beneficial Rates: https://www.acquiremarketresearch.com/discount-request/274267/ The Research Provides Answers To The Following Queries: What will be the market size and development pace of the Reverse Vending Machine Market for the estimated time frame 2019 – 2024 crosswise over various districts? What are the key drivers expected to shape the development of the business around the world? What methodologies are the unmistakable merchants adjusting to remain in front of their rivals? Which patterns are affecting the improvement of the market worldwide? Which variables can prevent, challenge or even restrict the development of the market around the world? What are the chances or future possibilities for the entrepreneurs working in the industry for the gauge time frame, 2019 – 2024? Industry Overview of Reverse Vending Machine Market: Reverse Vending Machine Market Competition Analysis by Players Company (Top Players) Profiles Reverse Vending Machine Market Size by Type and Application Market Forecast by Regions, Type, and Application Reverse Vending Machine Market Dynamics Market Effect Factors Analysis Research Finding/Conclusion Appendix To Know More About The Assumptions in This Market Report: https://www.acquiremarketresearch.com/industry-reports/reverse-vending-machine-market/274267/ Customization of the Report: This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@acquiremarketresearch.com), who will ensure that you get a report that suits your needs.