The detailed research report on the Europe Waste Bag Opener Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes note of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.
The research report on the Europe Waste Bag Opener Market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market.
Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into.
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To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the Europe Tray Dryers Market.
- BOA Recycling Systems
- BRT HARTNER GmbH
- Coparm Srl
- Disan Makine
- FOR REC S.P.A
- Grupo SPR
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Segmentation of Waste Bag Opener Industry Research
By Maximum Width :
- Up to 1 m
- Up to 1.5 m
- Up to 2.5 m
By Use Case :
- RSU / MSW
- Recycling Plants
- Paper Processing and Production Plants
By Country :
- Rest of Europe
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What are the Factors Driving the Market’s Growth Across the UK?
According to Department for Environment, Food and Rural Affairs, UK’s household generates around 26 million tons of waste every year, out of which 12 million tons of waste is recycled. The UK’s average recycling rate is 45%.
The 2021 DEFRA’s waste management plan for England focuses on reducing and recycling waste and improving waste management systems to move toward a circular economy and achieving the recycling target of 65% by 2035.
The increasing recycling activity is set to bolster the demand for waste bag opener in UK.
The UK market for waste bag opener is expected to grow at a CAGR of 1.8% to reach a valuation of US$ 34.2 million by 2033.
Why is the Germany Waste Bag Opener Market Expected to Be Highly Lucrative?
Germany has implemented various strategies like waste sorting policies and a deposit refund system which is extremely efficient.
In DRS consumers have to pay a deposit when buying bottles that can be recycled and the amount is returned once they have returned the bottle. This strategy helps in encouraging consumers to return the recyclable waste that can be a threat to the environment. This has improved waste management in Germany and has taken the recycling rate to the highest in EU (67% of municipal waste was recycled in 2020).
Various regulations and a focus on energy conservation are anticipated to drive the bag opener market in Germany in the near future.
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