The global garbage truck bodies market size is expected to reach USD 7.13 billion by 2032, according to a new study by Polaris Market Research. The report “Garbage Truck Bodies Market Share, Size, Trends, Industry Analysis Report, By Product Type (Front Loaders, Rear Loaders, and Side Loaders); By Technology; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising global population base, increasing municipal solid waste generation particularly in emerging economies, and significant investments by both government and private agencies towards ensuring efficient working of waste or garbage management, are among the primary factors influencing global market growth. Additionally, several companies in the market are focusing on the development and incorporation of garbage trucks or refuse collection practices in order to recycle or dispose of necessary trash to minimize solid waste impact on the environment.
Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/garbage-truck-bodies-market/request-for-sample
Furthermore, there has been a significant boost in the proliferation and penetration for the use of lightweight materials in garbage trucks like various high-strength composites that helps truck to achieve greater fuel efficiency, reduce wear and tear of vehicles, and increase payload capacity. Apart from this, companies are highly concentrated on the integration of telematics and innovated fleet management systems into their trucks to improve their overall operational performance and enable real-time monitoring of fuel consumption and truck locations, which in turn, have bode well for global market growth over the years.
In addition, there are various waste service providers and sanitation departments across the world who are extensively focusing on developing electric garbage truck bodies and making electrification into their existing fleets with aim to reduce emissions and minimize environmental concerns, resulting in positive impact on market’s growth.
Garbage Truck Bodies Market Report Highlights
Polaris Market Research has segmented the garbage truck bodies market report based on product type, technology, application, and region:
Garbage Truck Bodies, Product Type Outlook (Revenue - USD Billion, 2023 - 2032)
Garbage Truck Bodies, Technology Outlook (Revenue - USD Billion, 2023 - 2032)
Garbage Truck Bodies, Application Outlook (Revenue - USD Billion, 2023 - 2032)
Garbage Truck Bodies, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 4.74 billion |
Revenue forecast in 2032 |
USD 7.13 billion |
CAGR |
5.2% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD million/billion and CAGR from 2024 to 2032 |
Segments covered |
By Product Type, By Technology, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |