Recycling Trucks Market Emerging Trends, Investment Opportunities & Competitive Benchmarking

Recycling Trucks Market Size, Share and Competitive Landscape

The recycling trucks market is projected to reach USD 9.40 billion by 2034, growing from USD 6.22 billion in 2025, at a CAGR of 4.70% during the forecast period from 2025 to 2034.

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Introduction

The recycling trucks market is a crucial sector of the automotive industry. This industry deals in manufacturing and distribution of trucks for recycling activities. There are several types of trucks developed in this sector comprising of rear loader trucks, front loader trucks, side loader trucks, multi-compartment trucks and some others. These trucks are powered using different propulsion technology comprising of diesel, natural gas, electric and hybrid. It finds application in various sectors comprising of residential, commercial, industrial and some others. The rising application of recycling trucks for waste management has contributed to the overall market expansion. This market is expected to rise significantly with the growth of the trucking sector in different parts of the world.

• According to the UN Environment Program, around 2.1 billion tons of municipal solid waste was generated globally in 2023 that is expected to reach 3.8 billion tons by 2050.

Highlights of the Recycling Trucks Market

• North America held the highest share of the recycling trucks market.
• Asia Pacific is expected to grow with a significant CAGR during the forecast period.
• By type, the rear loader segment held a dominant share of the market.
• By type, the front loader segment is likely to rise with a notable growth rate during the forecast period.
• By application, the industrial waste collection segment held a significant share of the market.
• By application, the residential waste collection segment is anticipated to witness notable growth during the forecast period.

Key Metrics and Overview

Recycling Trucks: Stats and Figures

• According to the Roundup Organization, around 347 Mt of unrecycled e-waste is available in   earth during 2025.
• According to the UN Global Waste Management Outlook, around 20581 thousand tons of solid waste is expected to be generated from Australia and New Zealand by 2030.
• According to the International Finance Corporation, around 43 million metric tons of plastic waste was recycled in 2024.
• According to the Global South Policy, the global waste could increase by 70% by the year 2050.

Type Insights

The rear loader segment held a dominant share of the market. The rising adoption of rear loader trucks for managing residential wastes has boosted the market expansion. Also, numerous advantages of rear loader trucks in waste collection including efficiency, safety, and versatility is further adding to the industrial growth. Moreover, collaborations and partnerships among recycling organizations and truck companies for developing advanced rear loader trucks for recycling operations is predicted to boost the growth of the recycling trucks market.

The front loader segment is likely to rise with a notable growth rate during the forecast period. The growing adoption of front loader trucks by municipalities for enhancing waste management practices has driven the market growth. Additionally, the rising demand for these trucks for transporting waste materials to recycling plants has further contributed to the market expansion. Moreover, numerous advantages of these trucks such as efficiency, ease of operation, high capacity, and reduced manpower needs along with rapid investment by market players to develop advanced front loader trucks is anticipated to boost the growth of the recycling trucks market.

Application Insights

The industrial waste collection segment held a significant share of the market. The rise in number of heavy industries in different parts of the world has boosted the market growth. Additionally, rapid investment by industries such as chemical, automotive, electronics and some others for proper recycling along with numerous government mandates related to industrial waste management activities is further contributing to the industrial expansion. Moreover, the rising focus of recycling companies to collect industrial waste for deriving eco-friendly alternatives is expected to boost the growth of the recycling trucks market.

The residential waste collection segment is anticipated to witness notable growth during the forecast period. The rise in number of residential constructions in different parts of the world has increased the amount of waste products such as scraps, paper, plastics, glass, metal and some others that in turn increases the demand for recycling trucks, thereby driving the market growth. Additionally, numerous recycling companies are launching subscription-based services to gather residential waste every day, thereby boosting the industrial expansion. Moreover, partnerships among municipalities and recycling brands to deliver superior residential waste collection services is further driving the growth of the recycling trucks market.

Geographical Insights

North America held the highest share of the recycling trucks market. The rising emphasis on reducing emission in the environment has driven the market expansion. Additionally, numerous government initiatives aimed at enhancing waste management practices is further contributing to the industrial growth. Moreover, rapid generation of plastic waste from the industrial sector along with presence of various truck manufacturers has boosted the growth of the recycling trucks market in this region.

• According to the U.S. Department of Agriculture (USDA) announced the National Strategy for Reducing Food Loss and Waste and Recycling Organics for enhancing the waste management activities across the North American region.

U.S. dominated the market in this region. In U.S., the market is generally driven by the growing investment by government for recycling activities. Also, increasing per capita waste along with rise in number of recycling startups has contributed to the market expansion. Additionally, surge in demand for sustainable recycling practices along with presence of various market players such as Terex Corporation, Mcneilus, Republic Services and some others is anticipated to boost the market growth in this nation.

Asia Pacific is expected to grow with a significant CAGR during the forecast period. The rise in number of electronic companies has increased the amount of e-waste, thereby driving the market expansion. Also, rapid investment by government of several countries such as China, India, Japan and some others for enhancing recycling activities is crucial for the industrial growth. Moreover, the rising focus on lowering plastic waste from residential sector coupled with presence of several recycling truck brands has driven the growth of the recycling trucks market in this region.

• In March 2025, he United Nations Development Programme (UNDP) partnered with The Government of Japan. Through this partnership, around US$ 1.5 million will be invested for enhancing solid waste management (SWM) in Bangladesh.

China dominated this region. In China, the market is driven by rapid advancement in garbage collection infrastructure along with rise in number of truck fleets. Moreover, the presence of several market players such as Sinotruk, Dongfeng, Hubei Xinzhonglv Special Automobile Co., Ltd and some others is playing a vital role in shaping the industrial landscape.

• In June 2024, XCMG launched EHSL552F. EHSL552F is a hydrogen-powered dump truck designed for enhancing waste management operations across China.

Industry Leader Announcement

• In January 2025, Lee Dreas, the Vice President and General Manager at McNeilus made an announcement stating that, “The McNeilus Volterra ZFL takes commercial refuse and recycling collection to the next level, offering zero-emission operation and a purpose-built design that prioritizes driver comfort and efficiency, We’re proud to introduce this innovation at CES 2025 and demonstrate how McNeilus and Oshkosh Corp. are leading the way in creating clean, smart and safe solutions for essential industries.”

Competitive Landscape

The recycling trucks market is a highly developing industry with the presence of a few dominating players. Some of the prominent companies in this industry consists of New Way Trucks, Eisenmann, Dulevo International, Veolia, Superior Equipment, Knapp, Groupe Déméter, Daimler Trucks, McNeilus, Republic Services, and some others. These companies are constantly engaged in developing recycling trucks and adopting numerous strategies such as partnerships, business expansion, joint ventures, launches, acquisitions, collaborations, and some others to maintain their dominant position in this industry.

• According to the annual report of Daimler Trucks, the North America segment generated a revenue of around 23492 million euros in 2023 that increased to 23781 million euros in 2024.

Recent Developments

• In February 2025, Pure Hydrogen Corporation Ltd launched Hydrogen Fuel Cell (HFC) rear loader. This rear loader is designed for enhancing waste management operations across Australia.
• In January 2025, McNeilus Truck launched McNeilus Volterra ZFL. McNeilus Volterra ZFL is an advanced truck designed for recycling operations.
• In December 2024, Lego collaborated with Mack Trucks. This collaboration is done for launching an electric truck used for recycling activities.

Recycling Trucks Market Segments

By Type

• Rear Loader
• Front Loader
• Side Loader
• Multi-Compartment

By Fuel Type

• Diesel
• Natural Gas
• Electric
• Hybrid

By Deployment Type

• Public Sector
• Private Sector

By Application

• Residential Waste Collection
• Commercial Waste Collection
• Industrial Waste Collection

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa