The global Reverse Vending Machine (RVM) market size is projected to reach USD 1.82 billion by 2029
Published Date: Tuesday,20 Aug,2024
A reverse vending machine is a device that accepts used (empty) beverage containers and returns money to the user. The machines are popular in places that have mandatory recycling laws or container deposit legislation. In some places, bottlers paid funds into a centralized pool to be disbursed to people who recycled the containers. Any excess funds were to be used for general environmental clean-up.
According to the new market research report “Global Reverse Vending Machine (RVM) Market Report 2023-2029”, published by QYResearch, the global Reverse Vending Machine (RVM) market size is projected to reach USD 1.82 billion by 2029, at a CAGR of 20.5% during the forecast period.
- Global Reverse Vending Machine MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Reverse Vending Machine Market 2024 by Company, Regions, Type and Application, Forecast to 2030”(published in 2023). If you need the latest data, plaese contact QYResearch..
- Global Reverse Vending Machine Top8Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: GlobalInfoResearch, “Global Reverse Vending Machine Market 2024 by Company, Regions, Type and Application, Forecast to 2030”(published in 2023). If you need the latest data, plaese contact QYResearch.
The global key manufacturers of Reverse Vending Machine (RVM) include Tomra, Sielaff, Diebold Nixdorf, Envipco, Incom Recycle, etc. In 2021, the global top four players had a share approximately 83.0% in terms of revenue.
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