An Incisive, In-depth Analysis on the Compost Turning Machine Market
This study offers a comprehensive, 360 degree analysis on the Compost Turning Machine market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Compost Turning Machine market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Increasing Need for Effective Waste Management and Soil Health Maintenance to Encourage Compost Turning Machine Market Growth
The study on the Compost Turning Machine covers a comprehensive assessment of market trends, volume and value (US$ Mn) projections, industry developments, dynamics (drivers, restraints, trends & opportunities) and competition landscape pertaining to the global Compost Turning Machine market for the study period 2018 to 2028.
Compost turning machines are widely employed in construction, agriculture, and manufacturing industries. The global compost turning machine market is projected to reach around US$ 150 million towards the end of the forecast period, at an estimated CAGR of 3.6% during 2018-2028.
Waste Management Has Become the Political & Global Priority
In the circular economy, resource management with the help of waste management has become a matter of great importance. Thus, waste management is much more than merely desirable. With the aim of managing the waste generated, particularly in the urban areas, numerous government organizations are collaborating to ensure proper sanitation and waste management of all types of waste being generated by and in the society.
For instance, the ‘One UN Climate Change Learning Partnership’ focuses on spreading awareness regarding the importance of managing e-waste. This, in turn, is expected to increase the volume sales of waste management equipment, such as compost turning machines, during the forecast period.
Increasing Awareness about the Importance of Soil Health Management to Pave the Way for Growth of Compost Turning Machine Market
Educating people about the seriousness of soil health is the key to expanding the market of compost turning machines. The United Nations declared 2015 as the ‘International Year of Soil’. Hence, initiatives and projects that focus on soil health are expected to upsurge the demand for compost turning machines during the forecast period. Further, though compost turning machines are pretty popular in developed and developing economies, they need to be commercialized in rest of the countries, particularly, the elevating face type.
Elevating Face Compost Turning Machines to Gain Significant Traction
Amongst all product types, the elevating face segment is estimated to be a noteworthy segment in the compost turning machine market. The Elevating face type compost turning machine is an emerging technology in the compost turning machine market as it introduces a huge amount of oxygen into the compost.
The elevating face segment is thus anticipated to grow at a high CAGR during the projected period as compared to its counterparts. However, in the current market scenario, both in terms of value and volume, the drum type compost turning machine is estimated to remain the dominant type in the compost turning machine market over the forecast period.
North America & Europe Will Remain High-Volume High-Value Regions in Compost Turning Machine Market
Some of the major compost sites in the world are located in Western Europe and North America. The regional municipal corporations such as MSWM (Municipal of Solid Waste Management) thus aim to recycle and manage the generated waste as much as possible. The report attributes such aggressive government standards to drive growth of North America’s compost turning machine market.
Furthermore, increasing adoption of biogas generated from compost in developing economies of South East Asia is expected to create significant opportunities in the global compost turning machine market. Cumulatively, China and Japan are expected to grow and become 1.4X, in terms of volume, in the global compost turning machine market.
Middle East and Africa is estimated to exhibit medium to high growth in the global compost turning machine market during the stipulated period. During the same period, other Asian countries such as India and Australia are expected to emerge as growing countries in the compost turning machine market. The prime reason behind the growing demand for compost turning machines in India is the strong governmental initiatives and ongoing projects, one of which is the ‘Swachh Bharat Mission’.
The global compost turning machine market is fairly consolidated. Organized players account for one-fourth of the global compost turning machine market share, even though there are numerous small players creating a competitive environment for well-established players.
Key Questions Answered in Compost Turning Machine Market Report
How has the compost turning machine market evolved over the past five years?
What shape is the compost turning machine market expected to take in terms of volume and value during the study period?
What are the prevailing market dynamics in the compost turning machine market?
What are some of the competition developments and trends in the compost turning machine market?
What are the underlying macro-economic and industry factors impacting the growth of the compost turning machine market?
Which are the key challenges, opportunities and improvement factors for compost turning machine market players?
What are the market positioning and key strategies of key manufacturers as per the compost turning machine market taxonomy?
How is the competition structured in the compost turning machine market at present and how has it evolved over the past few years?
Future Market Insights’ recently published research study on the Compost Turning Machine market, titled “Compost Turning Machine: Global Industry Analysis, 2013-2017, and Forecast, 2018-2028”, offers a detailed value-volume analysis of the Compost Turning Machine market along with insights via. BPS analysis in (US$ Mn), on the basis of product type, output capacity and end-use industry. The volume analysis, for the compost turning machine market, has been done in units (i.e. the number of Compost Turning Machines), covering data for the historical period ranging from 2013-2017 and forecasted up to 2028 with 2018 as the base year.
In addition to the quantitative analyses provided by market size estimates and growth trends, the report on the global compost turning machine market also provides qualitative analysis in the form of market dynamics, such as drivers, restraints, trends and opportunities, forecast factors, macroeconomic factors, porter's analysis, market definition and other factors, that will influence and impact the global compost turning machine market.
The report on the global compost turning machine aims to provide insights with regards to market size and associated developments for the interested stakeholders. Marketing and business intelligence has been facilitated through information based on competition landscape, business strategies, technology roadmap and list of market participants, with relevant information on compost turning machines. FMI has not only presented the research findings but also has added suitable recommendations and understanding of market dynamics which can be helpful for market entry, business development and sustenance in the market space.
Compost turner Machine Market: Report Description
For a complete understanding of the readers of the compost turning machines in the best way possible, the report has been categorically divided into a multitude of categories on the basis of product type, output capacity and end use segment, on consolidated and by individual segments. The market estimates have been provided on global as well as regional levels.
The first section of the Compost Turning Machine report includes market introduction/definition wherein product definition, taxonomy and market definition by segments have been analyzed and discussed. The market description also provides an outline of research limitations/ assumptions binding on the research study on the basis of which the entire framework has been devised.
The next section of the global compost turning machine market report discusses macroeconomic factors along with drivers, restraints, trends, value chain analysis and opportunities. This information has been backed up with suitable examples and facts as obtained from official and authentic data. In the subsequent section, the Compost Turning Machine market viewpoint has been covered, which includes the global value and volume analysis.
Compost Turning Machine Market Segmentation:
By Product Type
By Output Capacity
By End Use
The report provides significant information pertaining to the above-mentioned segments in the global Compost Turning Machine market. The last part in the market background includes a study of those factors that are expected to have an impact on the Compost Turning Machine market, such as technological growth, investments and other key insights pertaining to the market.
A section dedicated to pricing analysis of Compost Turning Machines has been provided on the basis of product type on regional fronts. Weighted average selling price has been computed to arrive at the global average prices. The pricing analysis provides pricing by each configuration for the present scenario. Assumption and key considerations for the same have also been elucidated.
The sections that follow consist of the global Compost Turning Machine market analysis by product type, output capacity, end use segment and region/country. The overall analysis of the compost turning machine market begins with overall global market assessment, followed by analysis for numerous regions and a discussion on the macroeconomic environment in each particular region. Each regional section of the report contains qualitative data and quantitative aspects of the global compost turning machine market.
In the final section of the report, we have provided a competition analysis with company market share analysis pertaining to the compost turning machines and performance of manufactures by tier down structure in the global compost turning machine market. In the competition dashboard section of the global compost turning machine market, we have provided a dashboard view of major players along with their market share and key business strategies. This would enable readers to evaluate strategies deployed by market leaders and help them develop effective strategies consequently.
The first stage of the research includes the formulation of a preliminary theory, which was considered from secondary as well as primary approaches. The subsequent steps involved triangulation of data collected using two different approaches. To determine market trends and opportunities, the global Compost Turning Machine market report has been segmented on the basis of four criteria: product type, output capacity, end use segment and region/country.
For the final data analysis of the compost turning machine market, we have considered 2018 as the base year and basic data was collected from public sources as well as other sources, such as the company annual reports, investor presentations and press releases, World Bank Statistics on revenue sales, newsletters, published reports on public domain, industry association’s reports and paid databases on finance and corporate information. The collated data from the aforementioned sources was further validated from compost turning machine manufacturers, end-user procurement agencies, distributors and regional representatives.
For market estimation, we have considered both demand side as well as supply-side drivers and trends. Historical data includes data for the period 2013-2017 and forecast estimation for the period 2018-2028. We have considered product and technology developments, market trends, mergers and acquisitions and strategic developments in the Compost Turning Machine. The forecast presented in the global Compost Turning Machine report evaluates the actual market size (US$ Mn) in 2017 with regard to the product (Compost Turning Machine) and the expected market value in the global Compost Turning Machine market over the forecast period. Moreover, the report shows the market attractiveness for the upcoming ten years. This market attractiveness value will help clients identify real opportunities in the global Compost Turning Machine market.
Further, we also considered the mandated industry standards and regulations for Compost Turning Machine while studying the consumption of Compost Turning Machines in every region. Furthermore, to analyze the market share and competition analysis section, we tracked key developments, such as collaborations, expansions, mergers & acquisitions, new orders, product launches, awards and recognition. For market share and tier analysis based on key and regional players of Compost Turning Machines, we collected the data from annual reports published by the manufacturers of Compost Turning Machines and estimated the market share of players on the basis of the distribution of the product at the regional level. Competition benchmarking has been provided for top 5 competitors with respect to sales performance of Compost Turning Machines.
Compost Turning Machine Market Reports - Table of Contents
19. Assumptions and Acronyms Used
20. Research Methodology