PUBLISHER: QYResearch | PRODUCT CODE: 1858710
				PUBLISHER: QYResearch | PRODUCT CODE: 1858710
The global market for Garbage Truck was estimated to be worth US$ 10026 million in 2024 and is forecast to a readjusted size of US$ 18357 million by 2031 with a CAGR of 8.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Garbage Truck cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Garbage trucks are trucks specifically designed to collect and transport municipal solid waste, including household waste, industrial waste, and medical waste. Different types of garbage trucks have different characteristics and functions, depending on the type and size of the waste they handle.
In 2024, global Garbage Truck production reached approximately 54.87 thousand units, with an average global market price of around 182.7 thousand US$ per unit.
The average gross profit margin of the industry is concentrated between 20% and 25%.
Global Garbage Truckmain players are Heil Co, Kirchhoff Group, McNeilus, New Way, etc. Global top four manufacturers hold a share over 45%. North America is the largest market, with a share over 30%.
Driving Factors:
1. Long-term Growth in Waste Generation
The long-term growth in waste/garbage generation is a key factor driving the development of the garbage truck industry. With population growth and economic development, the amount of waste generated increases annually. Daily life, commercial activities, and industrial production generate large amounts of waste and garbage, requiring effective collection and disposal. This continued growth in waste/garbage generation provides a stable market demand for the garbage truck industry.
2. Increasing Complexity and Automation of Waste Collection Operations
With accelerating urbanization, waste collection faces increasingly complex challenges, such as diverse waste sorting and the handling of different types of waste containers. This trend is driving the garbage truck industry to continuously innovate and develop more advanced waste collection technologies and equipment.
In short, with the trends of urbanization and sustainable development, the garbage truck industry continues to innovate and develop more advanced technologies and equipment to improve the efficiency, safety, and environmental friendliness of waste collection. The application of automation technology has brought new growth and development opportunities to the garbage truck industry.
This report aims to provide a comprehensive presentation of the global market for Garbage Truck, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Garbage Truck by region & country, by Type, and by Application.
The Garbage Truck market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Garbage Truck.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Garbage Truck manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Garbage Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Garbage Truck in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.