Report ID: SQSG20V2001
Report ID:
SQSG20V2001 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
63 |
Figures:
75
Asia Pacific region held the largest market share during the forecast period and is expected to show higher CAGR in coming years. This is mainly due to the increasing consumer awareness and rising solid waste management practices. Also, Additionally, the exponential rise in the manufacturing of municipal solid trash in nations like China and India has led them to support educational initiatives, put in place incentive schemes, create legal frameworks, and enhance garbage management tactics. Due to these characteristics, this area will have the highest worldwide market share and the highest demand for garbage truck bodywork.
The second-highest market position is held by North America due to its growing industrialization. Additionally, it is projected that the deployment of electric garbage trucks and increasing pollution standards will support market growth. China places great importance on environmental protection and has allocated a sizable sum of money to the modernization of its infrastructure. India has also undertaken several significant programs to promote cleanliness, such as the long-term, high-budget "Swachh Bharat" program.
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REQUEST FREE CUSTOMIZATIONGarbage Truck Bodies Market size was valued at USD 14818.3 million in 2019 and is poised to grow from USD 16315.57 million in 2023 to USD 26110.74 million by 2031, growing at a CAGR of 7.4% in the forecast period (2024-2031).
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Report ID: SQSG20V2001