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Asia Pacific Garbage Truck Market
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Asia Pacific Garbage Truck Market

Home Automotive And Transportation Asia Pacific Garbage Truck Market

Asia Pacific Garbage Truck Market, By Propulsion (Gasoline, Diesel, Electric); By Product Type (Front Loaders, Rear Loaders, Side Loaders); By End Use Industry (Municipal Waste Management, Healthcare, Chemical, Construction, Others (including Mining)); By Capacity (Below 25 Metric Tons, 25–50 Metric Tons, 51–150 Metric Tons, 151–300 Metric Tons, Above 300 Metric Tons); By Country ( China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Thailand, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: April 2024
  • Report ID: BWC24245
  • Available Format: PDF
  • Page: 200

Report Overview

Rapid urbanization, increasing waste generation, governments’ initiatives for waste management, and demand for efficient and environmentally friendly waste disposal solutions are expected to boost the growth of the Asia Pacific Garbage Truck Market during the forecast period between 2024 and 2030.

Asia Pacific Garbage Truck Market – Industry Trends & Forecast Report, 2030

Asia Pacific Garbage Truck Market size by value was estimated at USD 1.19 billion in 2023. During the forecast period between 2024 and 2030, the Asia Pacific Garbage Truck Market size is expected to expand at a CAGR of 6.32% reaching a value of USD 2.14 billion by 2030. The Asia Pacific Garbage Truck Market is influenced by several key factors. Rapid urbanization and population growth lead to increased waste generation, driving demand for efficient waste management solutions. Stringent government regulations aimed at reducing environmental pollution further propel market growth. Technological advancements, such as the integration of automation and electrification in garbage trucks, enhance operational efficiency and sustainability, attracting investment. Additionally, rising awareness among consumers regarding waste management practices and the importance of recycling contributes to market expansion. Overall, a combination of urbanization, regulatory pressures, technological innovation, and environmental consciousness shapes the dynamics of the Asia Pacific Garbage Truck Market.

Asia Pacific Garbage Truck Market

By volume, the Asia Pacific Garbage Truck Market size was estimated at 109.4 thousand units in 2023. During the forecast period between 2024 and 2030, the Asia Pacific Garbage Truck Market size is projected to grow at a CAGR of 0.60% reaching a volume of 114.1 thousand units by 2030. The Asia Pacific Garbage Truck Market has historically seen growth due to urbanization, population expansion, health standards, industrial revolution, and responses to public health crises. Shifts towards electric and hybrid vehicles, smart waste management, automated collection systems, AI in waste sorting, and the handling of biodegradable waste are notable. Anticipated trends include on-demand waste collection, robotics integration, advanced waste segregation, modular truck designs, and smart fleet management. These trends are expected to profoundly shape waste management practices in the forecasted period, reflecting a drive towards efficiency, sustainability, and technological integration in the industry.

Garbage Truck – Overview

A garbage truck, also known as a trash truck, waste truck, or dustcart, is a specialized vehicle designed for collecting and transporting municipal solid waste and recyclables. Typically equipped with a hydraulic mechanism to lift and empty bins into the truck's hopper, garbage trucks come in various configurations, such as rear loaders, front loaders, side loaders, and compactors. They play a crucial role in urban sanitation systems, ensuring the efficient removal and disposal of waste to landfills, recycling centers, or waste-to-energy facilities. Garbage trucks are essential for maintaining cleanliness and sanitation in communities, contributing to public health and environmental sustainability.

Asia Pacific Garbage Truck Market   

Growth Drivers

Increasing Focus on Effective Waste Management Solutions

The Asia Pacific region is witnessing a surge in the demand for effective waste management solutions due to rapid urbanization, population growth, and industrialization. The escalating need stems from the increasing volume of waste generated across various sectors such as residential, commercial, and industrial. Inadequate waste management poses environmental threats but also risks public health and safety. Consequently, governments, businesses, and communities are recognizing the urgency of investing in advanced waste management infrastructure, including garbage trucks, to efficiently collect, transport, and dispose of waste, thereby mitigating environmental degradation and promoting sustainable development.

Challenges

Skilled Labor Shortage

Despite the burgeoning demand for waste management solutions in the Asia Pacific region, there is a pressing challenge of skilled labor shortage hindering the effective operation and maintenance of garbage trucks. This shortage is attributed to various factors, including inadequate vocational training programs, lack of awareness about career opportunities in waste management, and migration of skilled workers to other industries or regions. The absence of skilled personnel not only affects the efficiency of waste collection and disposal services but also impedes the adoption of advanced technologies and innovations in the sector. Addressing this shortage requires concerted efforts from governments, educational institutions, and industry stakeholders to enhance training programs, promote workforce development initiatives, and attract talent to the waste management sector.

Impact of Escalating Geopolitical Tensions on Asia Pacific Garbage Truck Market   

Escalating geopolitical tensions in the Asia Pacific region has significant ramifications for the Garbage Truck Market. Supply chain disruptions due to trade restrictions, increased tariffs, and political instability hinder the import and export of key components necessary for manufacturing garbage trucks. Moreover, heightened uncertainties may dampen investor confidence, leading to decreased investments in waste management infrastructure projects. For instance, tensions between major economies like China and the US can disrupt the flow of raw materials and finished products, impacting production and distribution networks. Additionally, political unrest in certain countries can disrupt local manufacturing and distribution processes. Overall, these factors can lead to supply shortages, increased production costs, and reduced market growth in the Asia Pacific garbage truck market.

Asia Pacific Garbage Truck Market   

Segmental Coverage

Asia Pacific Garbage Truck Market – By Propulsion

Based on propulsion, Asia Pacific Garbage Truck Market is divided into Gasoline, Diesel, and Electric segments. The diesel segment dominates significantly. Diesel-powered garbage trucks remain the preferred choice due to their robustness, cost-effectiveness, and widespread infrastructure support across the region. Factors such as higher torque, better fuel efficiency, and established supply chains contribute to the dominance of diesel trucks in waste management fleets throughout the Asia Pacific region, underscoring their pivotal role in handling various municipal and industrial waste disposal needs effectively.

Asia Pacific Garbage Truck Market Demand

Asia Pacific Garbage Truck Market – By Product Type

Based on product type, Asia Pacific Garbage Truck Market is divided into Front Loaders, Rear Loaders, and Side Loaders segments. The rear loaders segment typically constitutes the largest share. Rear loaders offer operational efficiency, especially in densely populated urban areas, where maneuverability and accessibility are crucial. Their design facilitates convenient waste collection from residential and commercial areas, making them a preferred choice for municipal waste management authorities across the Asia Pacific region. The versatility and reliability of rear loaders make them indispensable assets in maintaining cleanliness and sanitation standards in urban environments.

Asia Pacific Garbage Truck Market – By End Use Industry

Based on end use industry, Asia Pacific Garbage Truck Market is divided into Municipal Waste Management, Healthcare, Chemical, Construction, and Others (including Mining) segments. The municipal waste management segment is the leading end use industry in the Asia Pacific Garbage Truck Market. Municipal waste management remains a primary concern across the Asia Pacific region due to rapid urbanization and population growth. Garbage trucks play a vital role in collecting, transporting, and disposing of municipal waste efficiently. With increasing emphasis on sustainable waste management practices and regulatory compliance, the demand for garbage trucks in municipal waste management continues to grow, driving the dominance of the segment in the market.

Asia Pacific Garbage Truck Market Size

Asia Pacific Garbage Truck Market – By Capacity

By capacity, Asia Pacific Garbage Truck Market is divided into Below 25 Metric Tons, 25–50 Metric Tons, 51–150 Metric Tons, 151–300 Metric Tons, and Above 300 Metric Tons segments. The below 25 metric tons segment holds the largest share. The segment caters primarily to the needs of urban and suburban waste collection operations, where smaller garbage trucks are more practical and economical. Garbage collection from residential areas, commercial establishments, and small businesses often requires vehicles with lower payload capacities, making below 25 metric ton trucks the most sought-after category in the Asia Pacific region. Their versatility, maneuverability, and cost-effectiveness contribute to their widespread adoption in various waste management applications across the region.

Asia Pacific Garbage Truck Market Share

Asia Pacific Garbage Truck Market – By Country

By country, Asia Pacific Garbage Truck Market is divided into China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Thailand, Singapore, Vietnam, and Rest of APAC. China emerges as the leading country in the Asia Pacific Garbage Truck Market. China's large population, rapid urbanization, and industrialization have significantly increased the demand for efficient waste management solutions, driving substantial investments in garbage trucks and related infrastructure. Additionally, stringent government regulations aimed at improving environmental sustainability and public health further stimulate market growth in China. The country's robust manufacturing capabilities and technological advancements also contribute to its dominance in the Asia Pacific Garbage Truck Market, making it a pivotal hub for production, innovation, and consumption in the region.

Competitive Landscape

Major players in the Asia Pacific Garbage Truck Market include SAIC HONGYAN Automotive Co., Ltd, FULONGMA GROUP Co., Ltd, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), YTO Group, Tata Motors, Volvo Group, IOTA Engineering Corporation, Bharati Industries, Contipro Industries, Kyokuto Kaihatsu Kogyo Co., Ltd, CLW Group Chengli Special Automobile Co., Ltd, FAUN (KIRCHHOFF Group), Hitachi Construction Machinery Asia & Pacific Pte Ltd, Zoomlion Heavy Industry Science &Technology Co., Ltd, and New Way. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

 

Attributes Details
Years Considered Historical Data – 2019–2023
Base Year – 2023
Estimated Year – 2024
Forecast Period – 2024–2030
Facts Covered By Value - Revenue in USD Billion
By Volume - Thousand Units
Market Coverage China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Thailand, Singapore, Vietnam, Rest of APAC
Product/Service Segmentation Propulsion, Product Type, End Use Industry, Capacity, Country
Key Players SAIC HONGYAN Automotive Co., Ltd, FULONGMA GROUP Co., Ltd, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), YTO Group, Tata Motors, Volvo Group, IOTA Engineering Corporation, Bharati Industries, Contipro Industries, Kyokuto Kaihatsu Kogyo Co., Ltd, CLW Group Chengli Special Automobile Co., Ltd, FAUN (KIRCHHOFF Group), Hitachi Construction Machinery Asia & Pacific Pte Ltd, Zoomlion Heavy Industry Science &Technology Co., Ltd, New Way

 

By Propulsion

  • Gasoline

  • Diesel

  • Electric

By Product Type

  • Front Loaders

  • Rear Loaders

  • Side Loaders

By End Use Industry

  • Municipal Waste Management

  • Healthcare

  • Chemical

  • Construction

  • Others (Mining, etc.)

By Capacity

  • Below 25 Metric Tons

  • 25–50 Metric Tons

  • 51–150 Metric Tons

  • 151–300 Metric Tons

  • Above 300 Metric Tons

By Country

  • China

  • India

  • Japan

  • South Korea

  • Australia & New Zealand

  • Indonesia

  • Malaysia

  • Thailand

  • Singapore

  • Vietnam

  • Rest of APAC

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3.  Asia Pacific Garbage Truck Market Insights
    1. Capacity Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing infrastructure development projects
        2. Demand for specialized garbage trucks
        3. Rising need for waste management
        4. Stringent government regulations
      2. Restraints
        1. High initial investment
        2. Infrastructure limitations
        3. Skilled labor shortage
      3. Opportunities
        1. Growing urbanization and population growth
        2. Continuous advancements in technology
        3. Investments in upgrading waste collection and disposal systems
      4. Challenges
        1. Volatility in prices of fuel
        2. Competition from alternative waste management methods
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia Pacific Garbage Truck Market: Marketing Strategies
  5. Asia Pacific Garbage Truck Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share and Forecast
      1. By Propulsion
        1. Gasoline
        2. Diesel
        3. Electric
      2. By Product Type
        1. Front Loaders
        2. Rear Loaders
        3. Side Loaders
      3. By End Use Industry
        1. Municipal Waste Management
        2. Healthcare
        3. Chemical
        4. Construction
        5. Others (Mining, etc.)
      4. By Capacity
        1. Below 25 Metric Tons
        2. 25–50 Metric Tons
        3. 51–150 Metric Tons
        4. 151–300 Metric Tons
        5. Above 300 Metric Tons
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia & New Zealand
        6. Indonesia
        7. Malaysia
        8. Thailand
        9. Singapore
        10. Vietnam
        11. Rest of APAC
  6. China Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  7. India Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  8. Japan Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  9. South Korea Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  10. Australia & New Zealand Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  11. Indonesia Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  12. Malaysia Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  13. Thailand Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  14. Singapore Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  15. Vietnam Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. Capacity
  16. Rest of APAC Garbage Truck Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Propulsion
      2. By Product Type
      3. By End Use Industry
      4. By Capacity
  17. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia Pacific Garbage Truck Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  18. Impact of Escalating Geopolitical Tensions on Asia Pacific Garbage Truck Market
  19. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. SAIC HONGYAN Automotive Co. Ltd
    2. FULONGMA GROUP Co. Ltd
    3. Mitsubishi Fuso Truck and Bus Corporation (MFTBC)
    4. YTO Group
    5. Tata Motors
    6. Volvo Group
    7. IOTA Engineering Corporation
    8. Bharati Industries
    9. Contipro Industries
    10. Kyokuto Kaihatsu Kogyo Co. Ltd
    11. CLW Group Chengli Special Automobile Co. Ltd
    12. FAUN (KIRCHHOFF Group)
    13. Hitachi Construction Machinery Asia & Pacific Pte Ltd
    14. Zoomlion Heavy Industry Science &Technology Co. Ltd
    15. New Way
    16. Other Prominent Players
  20. Key Strategic Recommendations
  21. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Country
    5.    Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

Figure 1       Asia Pacific Garbage Truck Segmentation

Figure 2       Asia Pacific Garbage Truck Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       Asia Pacific Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 5       Asia Pacific Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 6       Asia Pacific Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 7       Asia Pacific Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 8       Asia Pacific Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 9       Asia Pacific Garbage Truck Market Share, By Country, By Value (USD Billion), 2019–2030

Figure 10     China Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 11     China Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 12     China Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 13     China Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 14     China Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 15     India Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 16     India Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 17     India Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 18     India Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 19     India Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 20     Japan Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 21     Japan Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 22     Japan Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 23     Japan Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 24     Japan Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 25     South Korea Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 26     South Korea Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 27     South Korea Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 28     South Korea Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 29     South Korea Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 30     Australia & New Zealand Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 31     Australia & New Zealand Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 32     Australia & New Zealand Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 33     Australia & New Zealand Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 34     Australia & New Zealand Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 35     Indonesia Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 36     Indonesia Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 37     Indonesia Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 38     Indonesia Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 39     Indonesia Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 40     Malaysia Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 41     Malaysia Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 42     Malaysia Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 43     Malaysia Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 44     Malaysia Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 45     Singapore Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 46     Singapore Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 47     Singapore Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 48     Singapore Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 49     Singapore Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 50     Vietnam Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 51     Vietnam Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 52     Vietnam Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 53     Vietnam Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 54     Vietnam Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Figure 55     Rest of APAC Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Figure 56     Rest of APAC Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Figure 57     Rest of APAC Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Figure 58     Rest of APAC Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Figure 59     Rest of APAC Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

 

List of Tables

Table 1        Asia Pacific Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 2        Asia Pacific Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 3        Asia Pacific Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 4        Asia Pacific Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 5        Asia Pacific Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 6        Asia Pacific Garbage Truck Market Share, By Country, By Value (USD Billion), 2019–2030

Table 7        China Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 8        China Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 9        China Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 10      China Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 11      China Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 12      India Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 13      India Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 14      India Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 15      India Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 16      India Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 17      Japan Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 18      Japan Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 19      Japan Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 20      Japan Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 21      Japan Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 22      South Korea Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 23      South Korea Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 24      South Korea Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 25      South Korea Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 26      South Korea Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 27      Australia & New Zealand Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 28      Australia & New Zealand Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 29      Australia & New Zealand Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 30      Australia & New Zealand Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 31      Australia & New Zealand Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 32      Indonesia Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 33      Indonesia Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 34      Indonesia Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 35      Indonesia Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 36      Indonesia Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 37      Malaysia Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 38      Malaysia Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 39      Malaysia Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 40      Malaysia Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 41      Malaysia Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 42      Singapore Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 43      Singapore Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 44      Singapore Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 45      Singapore Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 46      Singapore Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 47      Vietnam Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 48      Vietnam Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 49      Vietnam Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 50      Vietnam Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 51      Vietnam Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 52      Rest of APAC Garbage Truck Market Size, By Value (USD Billion), 2019–2030

Table 53      Rest of APAC Garbage Truck Market Share, By Propulsion, By Value (USD Billion), 2019–2030

Table 54      Rest of APAC Garbage Truck Market Share, By Product Type, By Value (USD Billion), 2019–2030

Table 55      Rest of APAC Garbage Truck Market Share, By End Use Industry, By Value (USD Billion), 2019–2030

Table 56      Rest of APAC Garbage Truck Market Share, By Capacity, By Value (USD Billion), 2019–2030

Table 57      SAIC HONGYAN Automotive Co. Ltd Company Overview

Table 58      SAIC HONGYAN Automotive Co. Ltd Financial Overview

Table 59      FULONGMA GROUP Co. Ltd Company Overview

Table 60      FULONGMA GROUP Co. Ltd Financial Overview

Table 61      Mitsubishi Fuso Truck and Bus Corporation (MFTBC) Company Overview

Table 62      Mitsubishi Fuso Truck and Bus Corporation (MFTBC) Financial Overview

Table 63      YTO Group Company Overview

Table 64      YTO Group Financial Overview

Table 65      Tata Motors Company Overview

Table 66      Tata Motors Financial Overview

Table 67      Volvo Group Company Overview

Table 68      Volvo Group Financial Overview

Table 69      IOTA Engineering Corporation Company Overview

Table 70      IOTA Engineering Corporation Financial Overview

Table 71      Bharati Industries Company Overview

Table 72      Bharati Industries Financial Overview

Table 73      Contipro Industries Company Overview

Table 74      Contipro Industries Financial Overview

Table 75      Kyokuto Kaihatsu Kogyo Co. Ltd Company Overview

Table 76      Kyokuto Kaihatsu Kogyo Co. Ltd Financial Overview

Table 77      CLW Group Chengli Special Automobile Co. Ltd Company Overview

Table 78      CLW Group Chengli Special Automobile Co. Ltd Financial Overview

Table 79      FAUN (KIRCHHOFF Group) Company Overview

Table 80      FAUN (KIRCHHOFF Group) Financial Overview

Table 81      Hitachi Construction Machinery Asia & Pacific Pte Ltd Company Overview

Table 82      Hitachi Construction Machinery Asia & Pacific Pte Ltd Financial Overview

Table 83      Zoomlion Heavy Industry Science &Technology Co. Ltd Company Overview

Table 84      Zoomlion Heavy Industry Science &Technology Co. Ltd Financial Overview

Table 85      New Way Company Overview

Table 86      New Way Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Asia Pacific Garbage Truck Market size by value was estimated at USD 1.19 billion in 2023.
Ans: Asia Pacific Garbage Truck Market by value is expected to grow at a CAGR of 6.32% during the forecast period between 2024 and 2030.
Ans: Asia Pacific Garbage Truck Market size is forecast to reach a value of USD 2.14 billion by 2030.
Ans: The growth of the Asia Pacific Garbage Truck Market is primarily driven by urbanization, increasing waste generation, government initiatives for waste management, and demand for efficient and environmentally friendly waste disposal solutions.
Ans: Asia Pacific Garbage Truck Market size by volume was estimated at 109.4 thousand units in 2023.
Ans: By Volume, the Asia Pacific Garbage Truck Market size is expected to grow at a CAGR of 0.60% during the forecast period between 2024 and 2030.
Ans: Asia Pacific Garbage Truck Market size by volume is forecast to reach 114.1 thousand units by 2030.
Ans: China accounts for the highest market share in the Asia Pacific Garbage Truck Market.
Ans: The rear loaders segment accounts for the highest market share in the Asia Pacific Garbage Truck Market by product type.
Ans: The gasoline segment accounts for the highest market share in the Asia Pacific Garbage Truck Market by propulsion.
Ans: Key players in Asia Pacific Garbage Truck Market include SAIC HONGYAN Automotive Co., Ltd, FULONGMA GROUP Co., Ltd, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), YTO Group, Tata Motors, Volvo Group, IOTA Engineering Corporation, Bharati Industries, Contipro Industries, Kyokuto Kaihatsu Kogyo Co., Ltd, CLW Group Chengli Special Automobile Co., Ltd, FAUN (KIRCHHOFF Group), Hitachi Construction Machinery Asia & Pacific Pte Ltd, Zoomlion Heavy Industry Science &Technology Co., Ltd, and New Way.