Press release
Garbage Disposable Units Market Growth Analysis, Outlook Report 2024-2033: Strategic Insights
Garbage Disposable Units Market
The garbage disposable units market size is expected to see steady growth in the next few years. It will grow to $4.54 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to sustainability and waste reduction, food waste reduction goals, integration with smart homes, home renovation and upgrades. Major trends in the forecast period include smart and iot-enabled units, air quality and odor control, innovation in grinding technology, sustainable materials, extended producer responsibility (epr).
Market Overview -
Garbage disposable units are commonly known as garbage disposers which are defined as electrically powered devices installed under a kitchen sink between the drain and the trap. It breaks down the waste matter and does not allow it to block the sink.
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Rapidly Increasing Waste Discharge And The Growing Demand For Garbage Disposal Units
The waste discharge is increasing rapidly due to population growth and increased manufacturing activity in many emerging markets. Population growth, rapid urbanization and increasing consumption due to rising disposable income will further increase the demand for garbage disposable units. According to the World Bank, by 2025, the waste volume generated per person per day is estimated to reach 1.42 kg. The International Solid Waste Association has forecasted that globally municipal solid waste volumes will rise by a factor of 2.37 by 2050.
Competitive Landscape -
Major companies operating in the garbage disposable units market include Emerson Electric Co, Fortune Brands Home & Security Inc., Whirlpool Corporation, Illinois Tool Works Inc., Joneca Corporation, Salvajor Co, Electrolux AB, Western Industries Plastic Products LLC, Sears Brands LLC, Haier Group Corporation, Frigidaire Appliance Co, MOEN Incorporated, GE Appliances, KitchenAid, InSinkErator, Waste King Ltd., Anaheim Manufacturing Co, Franke Holding AG, Hobart Corporation, Kenmore, Becbas, Midea Group, Greenfly Co Limited, Republic Services Inc., Remondis Group, Aqua Enviro Limited, Carbonzero, FOODLINK FORUM, Clean Harbors Inc., Stericycle Inc.
Garbage Disposal Industry Advances With Ez Installation Technology For Improved Efficiency
Major companies operating in the garbage disposal unit are introducing innovative technology in garbage disposable units, such as EZ Installation Technology, to gain a competitive edge in the market. The EZ Installation Technology simplifies the installation process of garbage disposals by eliminating the need for special tools or complicated procedures. For instance, in September 2023, InSinkErator, a US-based manufacturer of garbage disposal units, launched the EZ Installation Technology as part of the next generation of garbage disposals by InSinkErator, which also features the company's re-engineered MultiGrind and SoundSeal Technology for quieter and more efficient operation. The new garbage disposals were completely redesigned to grind more types of food waste and do so quietly, making them a more environmentally friendly solution for managing food waste in the kitchen.
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Key Segments -
The garbage disposable units market covered in this report is segmented -
1) By Product Type: Continuous Feed, Batch Feed
2) By Waste Type: Cereals, Dairy Products, Fruits and Vegetable, Meat, Fish and Sea Food, Processed Food, Other Waste Types
3) By Application: Residential, Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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