Dumping Hopper Industry is Expected to Progress at a Healthy CAGR of 6.7% by 2032 | Fact.MR Report

PRESS RELEASE
Published March 15, 2023

The global dumping hopper market has reached a valuation of US$ 2 billion in 2022 and is expected to progress at a healthy CAGR of 6.7% to reach US$ 3.8 billion by the end of 2032.

Sales of dumping hoppers accounted for around 34% share of the global hopper market at the end of 2021.

With the rise of the manufacturing, construction, and agricultural industries, the amount of waste produced has also increased drastically, due to which, the requirement for devices capable of collecting and disposing waste has skyrocketed. The number of innovations and technologies in various industries is increasing quickly, and, as a result, the integration of dumping hoppers across the material handling processes of manufacturing has increased rapidly.

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Key Takeaways from Market Study

  • The global dumping hopper market is projected to grow 1.9X and reach US$ 3.8 billion by 2032.
  • The market registered 1.6% CAGR between 2017 and 2021.
  • Under load capacity, the 4000-6000 lbs segment dominates the market with US$ 780.2 million valuation in 2022.
  • Steel dumping hoppers dominated the market with 64.1% share in 2021.
  • Standard hopper base is likely to represent 46.6% market share in 2022.
  • Based on region, demand for dumping hoppers is expected to increase at CAGRs of 7.1% and 6.7%, respectively, in East Asia and North America.

Market Development

Market participants are constantly modifying their products to cater to the dynamic demand from several end-use industries. For instance, recent developments include dumping hoppers made from stainless steel having a lid as an attachment. Alteration in the dimension to attain optimal operational efficiency is providing a competitive edge to market players.

Dumping hoppers are also being promoted as storage systems for items that are not in frequent use. Also, market players are developing integrated channels with stakeholders across the waste management industry to customize their offerings, providing products for wet and dry waste with minimum leakage.

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Competitive Landscape

With new modifications being made to basic designs, competition among leading manufacturing companies has increased. As key market players are penetrating the market at a higher pace, small, family-owned businesses have also started increasing their market presence through competitive pricing.

With a variety of materials being used to construct a dumping hopper, companies are channelizing their resources to create customized offerings to cater to dynamic market demand. With the addition of components and product modification, the dumping hopper market will create higher profit margins for manufacturers.

  • In 2020Wastequip LLC acquired ContainerPros, which provides services related to waste management. This acquisition will help improve Wastequip’s delivery services and will also add repair and servicing under its portfolio, thereby increasing its market penetration.

Key Companies Profiled:

  • Camfil Group
  • Denios
  • Doosan Group (Bobcat)
  • FabCorp Inc.(Hippo Hopper)
  • Hero Equipment (Yangzhou) Co., LTD
  • Iron Bull Manufacturing
  • Kleton
  • Lemcol Pty Ltd
  • McCullough Industries (The Wright)
  • Movex Innovations
  • Padgett Inc

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Segmentation of Dumping Hopper Industry Research

  • By Packaging Material :
    • Standard Dumping Hoppers
    • Low Profile Dumping Hoppers
    • Stackable Dumping Hoppers
    • Mobile Dumping Hoppers
  • By Packaging Technology :
    • Up to 2000 lbs
    • 2000-400 lbs
    • 4000-6000 lbs
    • Above 6000 lbs
  • By Material :
    • Steel Dumping Hoppers
    • Plastic Dumping Hoppers
  • By Dumping Angle :
    • Less than 90 Degrees
    • 90 Degrees
  • By End-use Vertical :
    • Agriculture
    • Construction & Mining
    • Food and Beverages
    • Logistics & Warehousing
    • Discrete Manufacturing
    • Waste Management
    • Others

Key Questions Covered in the Dumping Hopper Market Report

  • What is the projected value of the Dumping Hopper factors Industry in 2022?
  • At what rate will the global Dumping Hopper factors market size grow until 2032?
  • Which are the factors hampering the growth of Dumping Hopper factors?
  • Which region is expected to lead in the global Dumping Hopper factors market By 2032?
  • Which are the factors driving the Dumping Hopper factors Industry during the forecast period?
  • What is the expected market value of the Dumping Hopper factors market during the forecast period?

Regional Analysis For Dumping Hopper Market:

  • APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • North America (USA, Canada and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, United Arab Emirates, South Africa)

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