Consumer & Luxury Goods Market Research News

Reverse vending machine industry forecast to 2019 insights shared in detailed report

Reverse vending machine industry forecast to 2019 insights shared in detailed report

In recent years, with the amount of untreated waste growing at an alarming rate, demand for recycling solutions like reverse vending machines (RVMs) have increased consistently.

- Agency -.

Complete report available at www.marketreportsonline.com/400061.html.

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.

- Agency -.

Revenue growth of overall RVM market is being driven by new installations and servicing of old machines. The governments 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.

Access this “Global Reverse Vending Machine Market” report at www.marketreportsonline.com/contac…e.php?name=400061.

The global RVM market is highly concentrated with three largest players namely Tomra, Wincor and Envipco controlling maximum share in 2013. Tomra is the clear market leader that enjoys more than half of market share in a relatively mature market.

The report titled Global Reverse Vending Market provides an in-depth analysis of major reverse vending markets in the US and Europe. The report assesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2014-19).

Further, key players of the industry like Tomra Systems ASA, Wincor- Nixdorf, Envipco Holdings N.V and Repant ASA have been profiled.

Key Topics Covered:

  1. Executive Summary
  2. Reverse Vending Machines (RVMs): An Introduction
  3. Reverse Vending Machines: Global Installed Base and Market Size
  4. Reverse Vending Machines Market: Regional Analysis
  5. Market Dynamics: Reverse Vending Machines Market
  6. Competitive Landscape: Reverse Vending Machines (RVMs) Market
  7. Company Profiles: Reverse Vending Machines (RVMs) Market

News From

MarketReportsOnline - Industry Research Analysis StoreMarketReportsOnline
Category: Market Research Publishers and RetailersCompany profile: MarketReportsOnline comprises of an online library of 2,50,000 reports and in-depth market research studies of over 5000+ micro markets. We provide 24/7 online and offline support to our customers. Get in touch with us for your needs of market research reports.