- MSW bag opener is a machine installed in waste treatment plants or facilities to sort or segregate municipal solid waste. Furthermore, a MSW bag opener is used to recover recyclable materials. Whereas, MSW bag opener are used for Zero Waste and Bio-remediation.
- The global manufacturing industry has been severely affected by the suspension of manufacturing activities in the wake of the COVID- 19 pandemic, due to the shutdown of some component manufacturing facilities across Europe, Japan, China, and the U.S. Shortage of labor coupled with potential supply chain blockage of equipment and materials is expected to hamper the production and manufacture of MSW bag opener across developed and developing countries This has hampered the MSW bag opener market.
Key Drivers of MSW Bag Opener Market
- Rise in demand for MSW bag opener in waste treatment plants to control waste is a key factor driving the market
- Increased awareness about reducing, recycling, and reusing of waste across the globe is anticipated to boost the global MSW bag opener market
- Stringent regulations and inclination toward energy conservation by governments of developed and developing countries is expected to further propel the MSW bag opener market during the forecast period. Additionally, rise in number of waste treatment facilities across the world is projected to propel the global MSW bag opener market.
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- Rise in demand for MSW bag opener in construction, food & beverage, and agriculture industries in order to sort and separate municipal solid waste is estimated to drive the MSW bag opener market
- Dynamic industrial development and rise in population are important factors augmenting the MSW bag opener market across the world
Asia Pacific to Hold Significant Share of Global MSW Bag Opener Market
- Expansion of the manufacturing sector, increase in industrialization in Asia Pacific, and growing agriculture activities are driving the MSW bag opener market in Asia Pacific. Moreover, rise in awareness about recycling and reuse of waste is expected to boost the MSW bag opener in the region.
- North America is expected to hold a significant share of the global MSW bag opener market due to stringent rules enacted by governments for waste disposal & recycling, which in turn, is estimated to fuel the MSW bag opener market in the region
- Stringent regulations and inclination toward energy conservation are anticipated to drive the MSW bag opener market in Europe in the near future
- Rise in social and economic development in countries in Africa, such as Nigeria, South Africa, and Angola; and expansion of construction and manufacturing industries in these countries are anticipated to augment the MSW bag opener market in the region.
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Companies operating in the MSW bag opener market are increasingly investing in research and development to introduce innovative techniques to manufacture MSW bag opener. Manufacturers are also focused on offering highly efficient MSW bag openers with advanced technology in order to retrofit into existing facilities across various industries. The global MSW bag opener market is highly concentrated with the top manufacturers accounting for approximately 45% to 50% share of the market in 2019. Key players operating in the global MSW bag opener market are:
- ACI Chemicals Asia. Inc.
- BOA RECYCLING EQUIPMENT BV
- BRT HARTNER
- Coparm Srl
- CP Manufacturing, Inc.
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