Recycling Equipment Market To Reach $48.1 Billion By 2033

Recycling Equipment Market Growth & Trends

The global recycling equipment market size is expected to reach USD 48.1 billion by 2033, registering a CAGR of 5.6% from 2026 to 2033, according to a new report by Grand View Research, Inc. Growing concerns pertaining to the depletion of non-renewable resources, along with the high production cost of primary materials such as metals and plastic is anticipated to augment the demand for recycling equipment.

The advent of modern technologies has been demonstrated to be effective, in terms of detecting different types of materials. The increasing necessity for scrap has forced scrap yards to set up technologically advanced recycling equipment. For instance, large recycling facilities have installed sensors to identify metals through infrared scanning and x-rays.

The increasing demand for recycled metals from the automotive, construction, electronics, and food and beverage industries on account of the product’s environment-friendly nature and ability to reduce the cost of production, energy consumption, and emissions, thereby boosting the demand for recycling equipment over the forecast period.

Increasing use of plastics coupled with poor end-of-life waste management has resulted in widespread plastic pollution. Plastic pollution has a severe impact on the environment as well as human health. Thus, the recycling of plastics is expected to play a crucial role over the coming years, resulting high demand for recycling equipment to produce recycled plastics.

The recycling equipment market is fragmented with key manufacturers striving for market leadership. Key players are expected to concentrate on forward integration to increase their profits and expand their regional presence. Manufacturers are anticipated to collaborate with engineering solution providers to offer high-quality product solutions at reasonable prices.

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Recycling Equipment Market Report Highlights

• The baler press segment dominated the market and accounted for a share of 24.5% in 2025, owing to the increasing use of baler presses for compressing recyclable materials, such as cardboard, paper, plastic, aluminum, and non-ferrous metals, into dense bundles known as bales.

• The plastic segment dominated the market and accounted for a share of 34.1% in 2025. This is attributed to the rising utilization of recycled plastic in end-use industries, including construction, automotive, and electrical & electronics.

• The recycling equipment market in Asia Pacific is a dominant market and accounted for a 40.4% share in 2025, due to rapid urbanization, industrial expansion, and increasing waste generation. Governments across the region are strengthening recycling regulations and investing in modern waste processing facilities

Recycling Equipment Market Segmentation

Grand View Research has segmented the recycling equipment market on the basis of equipment, processed material, and region:

Recycling Equipment Equipment Outlook (Revenue, USD Billion, 2021 - 2033)

• Baler Press

• Shredders

• Granulators

• Agglomerators

• Shears

• Separators

• Extruders

• Other

Recycling Equipment Processed Material Outlook (Revenue, USD Billion, 2021 - 2033)

• Metal

• Construction Waste

• Paper

• Plastic

• Rubber

• Other

Recycling Equipment Regional Outlook (Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Italy

  • Spain

  • UK

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Recycling Equipment Market

• Recycling Equipment Manufacturing

• The CP Group

• American Baler

• Kiverco

• General Kinematics

• MHM Recycling Equipment

• Marathon Equipment

• Ceco Equipment Ltd.

• Danieli Centro Recycling

• ELDAN Recycling

• Metso

• Suny Group

• Forrec Srl Recycling

• BHS Sonthofen

• LEFORT GROUP