Commonly found in Mad Mile and The Loop.Zoomlion Heavy Industry Science & Technology Co.Fujian Longma Environmental Sanitation Equipment Co., Ltd.A few of the key players operating in the garbage trucks market are: The global garbage trucks market is highly concentrated due to the presence of top manufacturers. Key Players Operating in Garbage Trucks Market These factors are contributing toward the dominance of Asia Pacific in the global garbage truck market. Moreover, cleanliness programs started by government agencies in the region are boosting the fleet of garbage trucks. Asia Pacific held a dominant share of the global garbage truck market, as the region is home to densely populated countries such as China, India, and Indonesia, which generate significant amount of waste annually, thereby fueling the demand for efficient waste management.This increase in waste generation from healthcare facilities has boosted the demand for garbage trucks.Īsia Pacific to Hold Significant Share of Global Garbage Trucks Market Rise in number of patients detected and admitted in hospitals is further driving the amount of bio-medical waste that is generated. The COVID-19 pandemic disrupted economies of all the affected nations.Impact of COVID-19 Pandemic on Garbage Trucks Market These factors are restraining the global garbage truck market Therefore, garbage trucks have high initial cost and maintenance charges. Garbage trucks are off-road vehicles and require more power to operate.Thus, an increase in amount of waste generated by industries and at construction sites is fueling the global garbage truck market. Municipalities & government agencies are increasing their fleet of garbage trucks to handle the high flow of waste and to cater to the rising demand for waste management. Furthermore, the number of industries is increasing across the globe, which further drives the amount of waste generated, thus propelling the demand for efficient waste management system. A large amount of waste is generated at these construction sites daily, which further drives the demand for waste management.
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